Month: February 2021

Hatsun Agro has commenced commercial production at its new facility in Maharashtra set up at a cost of Rs 130 crore.   – Stocks-Markets-Economic Times

Central bank governor Shaktikanta Das said the proposed bad bank, considered crucial in helping extract capital stuck in soured loans, will be a new asset reconstruction company (ARC) set up … Read More

The numbers come amid rising hope that the economy may have slowly turned the corner after having shrunk sharply during the past two quarters.   – Stocks-Markets-Economic Times

In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings.   – Stocks-Markets-Economic Times

The standardized product set to go live from April 1 has been named “Saral Suraksha Bima.” The minimum sum assured has been set as Rs 2.5 lakh.   – Stocks-Markets-Economic … Read More

“The regulator is of the view that merchants storing credit card data would cause cyber security risks to the consumer and they do not have any locus standi as these … Read More

Hundreds of traders who bought stocks via Zerodha, dubbed the Robinhood platform of India, voiced concern on Twitter, with many posting pictures showing portfolio losses due to trades squared off … Read More

Twitter will boost its new features to increase revenue and users, it said ahead of its investor presentation on Thursday.   – Stocks-Markets-Economic Times

Video game retailer GameStop was up 37.9% after closing the regular session up 104% after an unexplained surge on Wednesday, and jumping another 85% after hours.   – Stocks-Markets-Economic Times

Given that a private sector DFI will have limited availability of capital, it’s better that it supports infrastructure lending by way of providing credit enhancement support.   – Stocks-Markets-Economic Times