Government merges 10 PSBs to form 4 large banks Government merges 10 PSBs to form 4 large banks Gayathri Udyawar / Friday, August 30, 2019 0 1217 Article rating: 4.0 In consultation with the chiefs of public sector banks (PSBs), the Finance Ministry has created a roadmap to reviving the state-owned bank and consolidation smaller PSBs to form four large banks with increased reach and competitive advantage. Read more
ICRA fires CEO, stock tanks 3 per cent ICRA fires CEO, stock tanks 3 per cent Gayathri Udyawar / Friday, August 30, 2019 0 1777 Article rating: 3.0 The rating agency's Managing Director and Group CEO Naresh Takkar is being probed by various government investigation agencies for his alleged involvement in the IL&FS crisis. Read more
IIFL Wealth buys wealth management biz of L&T Finance Holdings IIFL Wealth buys wealth management biz of L&T Finance Holdings Gayathri Udyawar / Wednesday, August 28, 2019 0 5021 Article rating: 3.3 L&T Finance Holdings Limited sell its investment in L&T Capital Markets, a wholly-owned subsidiary, to IIFL Wealth Finance Limited. The division provides wealth management services in India. Read more
Deadline for filing IT return ends this week Deadline for filing IT return ends this week Gayathri Udyawar / Wednesday, August 28, 2019 0 2148 Article rating: 5.0 The last day for filing Income tax returns for the financial year 2018-19 is Saturday, August 31, 2019, which is this weekend. If you are yet to file your returns, read on to know more. Read more
Sensex skyrockets up by 792 points Sensex skyrockets up by 792 points Gayathri Udyawar / Monday, August 26, 2019 0 3030 Article rating: 5.0 Registering a stupendous 2 per cent gain, the benchmark indices recovered as the central government announced the rollback of FPIs surcharge, a fiscal package for state-owned banks and stimulus for auto sector to revive the economy on Friday. Read more