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MF News
With forensic audit confirming fund diversion, endgame nearing for DHFL Wadhawans

With forensic audit confirming fund diversion, endgame nearing for DHFL Wadhawans The KPMG audit has reportedly found that the DHFL promoters had diverted nearly Rs 20,000 crore of bank loans to its related entities, another banker confirmed.
Tue, 22 Oct 2019 22:55:06 +0530

More glitter in gold bonds than the physical yellow metal

More glitter in gold bonds than the physical yellow metal Sovereign Gold Bonds offer a better alternative to physical gold with tax-free interest and carry no purity risk
Tue, 22 Oct 2019 22:27:29 +0530

Rains likely during Diwali in many parts of Maharashtra, Goa: IMD

Rains likely during Diwali in many parts of Maharashtra, Goa: IMD An IMD official said rain was likely at most places over Konkan and Goa, at many places over Madhya Maharashtra and Marathwada and at isolated places over Vidarbha for the next few days.
Tue, 22 Oct 2019 22:25:06 +0530

India has done #39;phenomenal#39; job lifting more than 200 million out of poverty: JPMorgan#39;s Jamie Dimon

India has done #39;phenomenal#39; job lifting more than 200 million out of poverty: JPMorgan#39;s Jamie Dimon While India is still one of the fastest growing countries in the world, a lot more needs to be done, he observed. In a wide-ranging interview with CNBC-TV18, Dimon touched on various topics including India’s slowing GDP growth, unemployment and fiscal challenges.
Tue, 22 Oct 2019 22:17:06 +0530

ICICI Prudential Life Q2 net profit remains flat at Rs 301 cr

ICICI Prudential Life Q2 net profit remains flat at Rs 301 cr The board has approved an interim dividend of Rs 0.80 per equity share for the first half of the current financial year.
Tue, 22 Oct 2019 22:17:05 +0530

PM Modi likely to visit Saudi Arabia on October 29 for investment summit

PM Modi likely to visit Saudi Arabia on October 29 for investment summit Modi will attend the third edition of the Future Investment Initiative (FII), an annual investment forum being held on October 29-31.
Tue, 22 Oct 2019 22:13:07 +0530

In Pics | Haryana Assembly Election: Key candidates in fray, exit poll predictions, vote share

In Pics | Haryana Assembly Election: Key candidates in fray, exit poll predictions, vote share During the 2014 elections, Haryana saw a BJP Chief Minister being installed for the first time
Tue, 22 Oct 2019 22:11:49 +0530

SoftBank clinches deal to take over WeWork

SoftBank clinches deal to take over WeWork With this deal, SoftBank will have spent more than $19 billion on a company that is now valued at just $8 billion.
Tue, 22 Oct 2019 22:10:03 +0530

Audience measurement firm BARC gets new CEO, Sunil Lulla replaces Partho Dasgupta

Audience measurement firm BARC gets new CEO, Sunil Lulla replaces Partho Dasgupta Partho Dasgupta who was the CEO at BARC since 2013, announced plans to relinquish his position.
Tue, 22 Oct 2019 21:59:04 +0530

Infosys shares nosedive nearly 17%; m-cap drops by Rs 53,451 cr on whistleblower complaint

Infosys shares nosedive nearly 17%; m-cap drops by Rs 53,451 cr on whistleblower complaint It was the worst-hit among the frontline companies on both Sensex and Nifty.
Tue, 22 Oct 2019 21:58:05 +0530

Govt planning to sell CONCOR: Rahul Gandhi

Govt planning to sell CONCOR: Rahul Gandhi Gandhi in a tweet posted a petition and shared some pictures with the union#39;s members.
Tue, 22 Oct 2019 21:55:06 +0530

Hotel Leela Venture board approves proposed name change of company

Hotel Leela Venture board approves proposed name change of company The board has also approved the resignations of Rajiv Kaul as President and Rajan Shah, its Chief Financial Officer as they wanted to move to Brookfield.
Tue, 22 Oct 2019 21:50:05 +0530

JMC bags orders worth Rs 1,059 crore

JMC bags orders worth Rs 1,059 crore The orders are for residential and commercial building projects in South and North India totalling Rs 782 crore and a water supply project worth Rs 277 crore in Jharkhand, a company statement said.
Tue, 22 Oct 2019 21:45:05 +0530

Rallis net declines 6% to Rs 80 cr

Rallis net declines 6% to Rs 80 cr Net declined despite the company recording a growth of 14.5 percent in consolidated revenue at Rs 749 crore over the same period last year.
Tue, 22 Oct 2019 21:40:05 +0530

It is #39;shameful#39; that UP tops in cases of crime against women: Priyanka Gandhi

It is #39;shameful#39; that UP tops in cases of crime against women: Priyanka Gandhi Priyanka Gandhi#39;s comments came in the backdrop of the National Crime Records Bureau (NCRB) data for 2017 released on Monday that stated that the maximum number of crimes against women were registered in Uttar Pradesh.
Tue, 22 Oct 2019 21:39:05 +0530
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