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PMC Bank case: ICAI to check role of auditorsBusiness
PMC Bank case: ICAI to check role of auditors

ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the bank as well as regulatory...

2 Oct 2019 3:54 PM IST

34 functional teams to smoothen merger of UBI, PNB, OBCBusiness
34 functional teams to smoothen merger of UBI, PNB, OBC

Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs...

2 Oct 2019 12:13 PM IST

Parle seeks to be on a roll with Rol a Cola comeback, eyes Rs 100 cr salesBusiness
Parle seeks to be on a roll with Rol a Cola comeback, eyes Rs 100 cr...

Company is looking at sales of around Rs 50-60 crore during the remaining part of the ongoing fiscal.

2 Oct 2019 11:51 AM IST

TikTok brings social media renaissance to boost video contentBusiness
TikTok brings social media renaissance to boost video content

TikTok is expected to tickle the social media appetite with age no bar.

2 Oct 2019 10:41 AM IST

PMC Bank created over 21,000 fake accounts to hide loans: complaintBusiness
PMC Bank created over 21,000 fake accounts to hide loans: complaint

The RBI has barred the bank from renewing or granting any loans or making investments without prior approval of the...

2 Oct 2019 9:06 AM IST

E-tailers are exposed to funding risks as their access to easily available private equity (PE) funds are getting tighter.Business
Smaller cities bail out e-tailers

This Big Billion Days, we witnessed the growing appetite of Bharat (tier II & III cities) for mobiles, large appliances...

2 Oct 2019 1:52 AM IST

Travel insurance cover can’t be default option: RegulatorBusiness
Travel insurance cover can’t be default option: Regulator

The Insurance Regulatory and Development Authority of India (Irdai) also banned selling travel insurance cover to...

2 Oct 2019 1:49 AM IST

Mahindra & Mahindra to take control of Ford bizBusiness
Mahindra & Mahindra to take control of Ford biz

The two auto majors have for months been negotiating the deal, which will see Mahindra hold 51 per cent stake and Ford...

2 Oct 2019 1:45 AM IST

Joy Thomas reveals how PMC hid bad loansBusiness
Joy Thomas reveals how PMC hid bad loans

Punjab & Maharashtra Co-operative Bank Ltd used “dummy accounts” and other methods to hide its oversized loans.

2 Oct 2019 1:41 AM IST

GST mop-up at 19-month lowBusiness
GST mop-up at 19-month low

The revenue during September 2019 declined by 2.67 per cent in comparison to the revenue during September 2018.

2 Oct 2019 1:38 AM IST

Ford forms joint venture with Mahindra for India businessBusiness
Ford forms joint venture with Mahindra for India business

The two companies have for months been negotiating the deal, which will see Ford hold a 49 per cent stake in the new...

1 Oct 2019 6:02 PM IST

No exposure to HDIL, PMC Bank, says DHFLBusiness
No exposure to HDIL, PMC Bank, says DHFL

DHFL does not have any exposure to either of them, DHFL said in a regulatory filing.

1 Oct 2019 5:36 PM IST

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