The housing finance company may issue the bonds through private placement or by way of public issue.PNB Housing Finance to seek shareholders#39; nod to raise up to Rs 45,000 cr
The housing finance company may issue the bonds through private placement or by way of public issue.
This week in Auto: Has real demand picked up?
Here is a detailed look at what made headlines in the auto space this week.Fake SBI branch busted in Tamil Nadu, son of ex-employee among three arrested: Report
It was only after an SBI customer, who had visited the fake bank branch, discussed it with the manager of an existing one, that the case came to light.IT companies may see more layoffs as sector struggles amid COVID-19: Report
With projects scarce, employees without active project assignments would be the first out the door, analysts say.Starting up in times of COVID-19: DigiSparsh sets sights on becoming one lender for all requirements of hospitals and patients
DigiSparsh has tied up with hospital aggregators to underwrite hospitals and start with invoice discounting and then foray into consumer lending.In Pics | Most popular brands in India: Take a look
The Brand Footprint Report 2020 from the from worldpanel division of Kantar has listed the most popular brands in India. Find out which brands have the maximum reach in the country.SpiceJet to operate flights to Ras Al Khaimah in UAE from four Indian cities between July 12-26
The ICA stands for the UAE#39;s Federal Authority for Identity and Citizenship. A passenger having a valid residency permit of the UAE needs to take ICA approval before taking any flight to enter that country.Dunzo data breach | User data of Google-backed hyperlocal delivery app compromised
One of the company#39;s databases that had information like users#39; contact details and email addresses was compromised.Chinese company among six bidders for Vande Bharat train project: Report
The company is one of the six contenders for tender to procure the propulsion systems or the electric traction kits for 44 trains.Coronavirus impact | Startup funding, number of new unicorns decline in H12020: Report
In H12019, as many as 28 companies had the potential to cross the $1 billion valuation mark, which lowered to 17 in H12020,Tough days ahead: How COVID-19 will impact Indian sports ecosystem: Here#39;s what experts say
Non-cricket sports disciplines dependent on government funding may feel the pinch as corporate funding may also be out of reach in these trying times.This company has a service to keep your money safe in a vault in the Swiss mountains
Located in central Switzerland, the vaults “guarantee a high standard of security†and can store valuables from artwork, gold, stock certificates, even classic cars; and also back up dataDefault risk for Indian companies declines at rapid rate
The government had in May announced a Rs 20 lakh crore economic stimulus package intended to provide relief during the COVID-19 outbreak.Book review: No Filter: The Inside Story of Instagram - a pacy, breathtaking read
Of course, like most technology novels of the past decade, even ones where he does not have an active role, Mark Zuckerberg is the most important factor of this book.Malware Joker: Google blocks 11 apps from Play Store
Researchers at cybersecurity firm Check Point discovered that these 11 seemingly legitimate apps had been corrupted by a new variant of popular malware Joker that first surfaced late last year.These scientists raced to find a COVID-19 drug. Then the virus found them.
In early February, Regeneron expanded a collaboration with the federal government to begin working on the coronavirus treatment. It also started ramping up manufacturing of the antibodiesAll about Mistry’s ‘commercial ambition’, Ratan Tata tells SC
The Tata Sons Chairman made the appeal in a counter-affidavit filed with the apex courtRossari Biotech#39;s Rs 500 crore IPO: Here are 10 key things to know
Rossari Biotech says the proceeds from the IPO will be used to primarily repay debt and fund working capital requirements, along with general corporate purposes.People#39;s Bank of China trims stake in HDFC to less than 1%
PBOC had raised its holding in the housing financier to slightly over 1 percent during the quarter that ended on March 31, 2020.CBSE Results 2020: A lot of students#39; questions still unanswered
Students who missed their internal assessment and board examinations due to illness are wondering what happens to their CBSE results.Overall recovery in economy may take 2-3 years: Hero Enterprises Chairman Pawan Munjal
"The overall recovery in the economy will take between 2-3 years. But, we will see sectors come up very quickly. Some important sectors with large multiplier and large potential for employment, which are still struggling, and without support, they will actually not be able to fully recover in this time," Munjal said.SBI Chairman Rajnish Kumar says moratorium not needed beyond August 31 across the board
Speaking at the 7th SBI Banking and Economic Conclave, Kumar said though it is very premature to say if there will be another extension of the moratorium but the RBI will have data from the system and would take an appropriate call.Exclusive | Tractor sales in June is the third highest in 30 months
Record water levels in the reservoirs and expectations of a good monsoon is boosting tractor demandAuto component sector revenue may fall by 14-18% in FY21 due to weak demand: ICRA
It noted that while the auto components industry has been hit due to COVID-19 and lockdown, mission critical replacement parts like batteries and tyres would be less impacted.Bank of Maharashtra board approves plan to raise up to Rs 3,000 crore via equity sale, bond issuance
The Pune-headquartered bank said the board has okayed to issue equity shares of the lender to the government for Rs 831 crore on a preferential basis.Tractor sales in June is the third highest in 30 months
Record water levels in the reservoirs and expectations of a good monsoon is boosting tractor demandLN Mittal gifts 3.5mn pounds to Oxford#39;s professorship developing COVID-19 vaccine
The chair is currently held by Professor Adrian Hill, who is the principal investigator for the Oxford trial to develop the vaccineZinc futures rise marginally to Rs 168.45 per kg
On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 35 paise, or 0.21 per cent, at Rs 168.45 per kg with a business turnover of 2,653 lots.Nickel futures slide on tepid demand
On the Multi Commodity Exchange, nickel contracts for July delivery traded down by Rs 8, or 0.8 per cent, to Rs 989.80 per kg with a business turnover of 1,644 lots.Copper futures rise marginally on fresh bets
On the Multi Commodity Exchange, copper contracts for August delivery traded higher by Rs 1.25, or 0.26 per cent, at Rs 480 per kg in a business turnover of 2,244 lots.Crude oil futures decline 2.28%, WTI trades below $39 a barrel
In the futures market, crude oil for July delivery touched an intraday high of Rs 2,960 and an intraday low of Rs 2,902 per barrel on MCX.SEBI may probe Yes Bank share transactions under SLBM after FPO announcement
NSE data shows shares being bought for huge premiums since June 30. On Thursday, investors borrowed 95,99,987 shares worth Rs 5.9 croreNatural gas futures slip 2.14% in afternoon trade
In the futures market, natural gas for July delivery touched an intraday high of Rs 134.20 and an intraday low of Rs 132.10 per mmBtu on the MCX
On the NSE, it tanked 6.73 percent to Rs 34.60.Silver futures up 0.6% in afternoon trade
In the futures market, silver for September delivery touched an intraday high of Rs 51,378 and a low of Rs 50,952 per kg on the MCXUnion Bank of India reduces MCLR by 20 bps across tenors
The revised one-year MCLR stands at 7.40 percent against 7.60 percent earlier, the bank said in a release.Starbucks opens first drive-thru store in India
The outlet is situated on the Ambala-Chandigarh ExpresswayYes Bank FPO floor price fixed at over 50% discount, at Rs 12 per share
Yes Bank has fixed Rs 12 as the floor price and Rs 13 as cap price for its proposed Rs 15,000 crore FPOFlying during COVID-19 times: Of half-empty flights, social distancing and now an offer to buy adjacent seats
Vistara#39;s offer - and other airlines will soon follow - to let customers book adjacent seats too, has again set off a debate on the middle seatNvidia eclipses Intel as most valuable US chipmaker
Nvidia’s stock has been among Wall Street’s strongest performers in recent years as it expanded from its core personal computer chip business into data centers, automobiles and artificial intelligence.VE Commercial Vehicles develops technology to remotely access truck and diagnose faults
Telematics, a new concept to the Indian trucking industry, can help repair vehicles within four hours of receiving complaintTikTok parent ByteDance ready to leave China in order to save global business
TikTok headquarters may be moved out of China as part of a corporate restructuring planned by owner ByteDanceVE Commercial Vehicles develops technology to remotely access truck date and diagnose faults
Telematics, a new concept to the Indian trucking industry, can help repair vehicles within four hours of receiving complaintTCS a must-own stock in the new normal, but rally tempers near-term excitement
TCS will emerge as a strong long-term survivor post the current tumultUS bans Pakistan International Airlines flights over pilot concerns
In June, Pakistan had grounded almost a third of its pilots after discovering they may have falsified their qualifications.Indian Railways hopes to end FY21 with revenue surplus, plans major revamp with private sector help
Indian Railways is targeting at least 50% jump in freight traffic on unused passenger train routes to neutralise revenue losses or even end FY21 with a surplus, according to Railway Board Chairman VK YadavHonda Motorcycle and Scooter India launches online booking platform for contactless customer engagement
The new online booking platform provides a quick and transparent booking experience for customers who can select the variant, colour and authorised dealer of their choice and complete their booking in six easy steps, HMSI said in a statement.Rolls-Royce posts cash outflow of 3 billion pounds in first half
The British company, which makes engines for the Boeing 787 and Airbus 350, said it expected to see an improvement in the second half, resulting in free cash outflow for the full year of about 4 billion pounds.PM Narendra Modi LIVE: India already seeing green shoots of economic recovery, says PM
Live updates of Prime Minister Narendra Modi#39;s address at India Global Week 2020Companies may resume hiring activity by January 2021: Report
Campus hiring is expected to remain subdued, as 27 percent of companies stated they had no plans to resume the activity, while another 39 percent said they are unsure
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Market-men said the fall in gold prices at futures trade was mostly due to trimming of positions by participants.
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Thirteen tier 2 and 3 cities register higher traffic in December than pre-COVID-19 levels.
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The NCLT#39;s Ahmedabad bench has directed the RP to include GAIL in the list of creditors for both the companies.
