Business

The company said it expects fiscal 2020 revenue growth to be between 3.5% and 4.5%, compared with its prior forecast of 3% to 6%.

Income during March quarter of FY20 remained nearly flat at Rs 5,484.06 crore as compared with Rs 5,473.92 crore in the same period of 2018-19, IOB said in a regulatory filing.

The Union Cabinet approved the scheme for interest subvention of 2% to Shishu loan category borrowers under PMMY, outstanding as on March 31, 2020, for a period of 12 months to eligible borrowers, Information and Broadcasting Minister Prakash Javadekar sa...

After observing large-scale reversal of trades in the illiquid stock options segment of the BSE, Sebi conducted a probe between April 2014 and September 2015.

The portal has been designed, developed and implemented by National Informatics Centre (NIC), Mines Informatics Division.

According to him, corporatisation or privatisation of BHEL, without laying off any personnel, "can do wonders for Aatmanirbhar Bharat, and meet the country's demand without dependency on China.

Changes in lifestyle due to aspects like lockdowns and work from home has created additional demand for items such as laptops, Wi-Fi routers and even vacuum cleaners, which the bank is funding at present.

The rating agency's research wing suggested it is wise to invest in debt mutual funds and the investments can still pay but one needs to know how to invest their savings into it.

As per a press release by RBI, the estimated value of services exports for May 2020 is USD 15.70 billion.

The development comes after the Supreme Court last week asked the telecom operators to spell out the roadmap, timeline and security of payment.

During the period, Software Technology Parks of India (STPI) saw 253 new unit registrations and renewals, STPI Director General Omkar Rai told PTI.

At present, four public sector banks are under the RBI's Prompt Corrective Action (PCA) framework, which puts several restrictions on them.

The mutual fund industry raised Rs 8,123 crore though the SIP route last month, lower than Rs 8,376 crore mopped up in April, according to the latest data from the Association of Mutual Funds in India (Amfi).

Despite demand for personal loans and credit cards, the lenders are likely to stay away from these segments due to asset quality concerns, credit information company Transunion Cibil said.

The United Forum of Bank Unions (UFBU) — an umbrella body of nine unions representing nearly 900,000 employees of all types of banks in India — asked for better safety standards last week.

The Tamil Nadu government had in May 2018 ordered permanent shutdown of the copper smelter after bloody protests at the plant in Thoothukudi culminated in the police opening fire on demonstrators, killing 13 of them.