Business  /  Published 20.07.21

Another Anil firm goes to Authum

Lenders led by Bank of Baroda (BoB) have approved the resolution plan of Reliance Commercial Finance (RCF) and have selected non-banking finance company Authum Investment and Infrastructure Ltd as the...
By Our Special Correspondent in Mumbai

Business  /  Published 18.07.21

Clarity sought from LIC Housing

LIC Housing Finance on Saturday said the Bombay Stock Exchange and the National Stock Exchange have sought a  clarification on the proposed preferential allotment to parent Life Insurance Corpora...
By Our Special Correspondent in Mumbai

Business  /  Published 13.07.21

Sebi in a spot over PNB Housing

Is Sebi asking regulated entities not to  follow its own rules? This was one of the questions that came up on Monday as PNB Housing Finance concluded its argument against the market regulator&rsq...
By Our Bureau in Mumbai

Business  /  Published 08.07.21

PNB asks arm to recast Carlyle deal

PNB Housing Finance on Wednesday said its promoter Punjab National Bank has asked it to consider restructuring the proposed Rs 4,000-crore capital infusion deal led by US-based Carlyle group.&nbs...
By PTI in New Delhi

Calcutta  /  Published 28.06.21

Residents organise jab camp for staff

India Restaurant in Kidderpore organised a vaccination drive for its employees last week. Restaurants in Calcutta reopened for diners on June 16. ...
By Debraj Mitra in Calcutta


Business  /  Published 25.06.21

Dividend rule for non-banking finance companies

The Reserve Bank of India (RBI) on Thursday announced prudential norms for dividends by non-banking finance companies (NBFCs), including housing finance companies (HFCs). The rules link dividend paym...
By Our Special Correspondent in Mumbai

Business  /  Published 24.06.21

Blow to DHFL depositors

The committee of creditors (CoC) of Dewan Housing Finance Ltd (DHFL) has voted against a proposal to raise payouts made to fixed deposit holders and non-convertible debenture (NCDs) investors. If the...
By Our Special Correspondent in Mumbai

India  /  Published 23.06.21

ADR releases reports on poll bonds 2019-20

The Election Commission had circulated guidelines for submission of contribution reports of electoral trusts to submit an annual report containing details of contributions received by the electoral tr...
By Our Bureau, Agencies in New Delhi

Business  /  Published 22.06.21

PNB Housing meet on track

The Securities Appellate Tribunal (SAT) on Monday allowed PNB Housing Finance to hold its extraordinary general meeting (EGM) on Tuesday. Among other proposals, the shareholders’ meet will consi...
By Our Special Correspondent in Mumbai

Business  /  Published 21.06.21

PNB Housing deal with Carlyle on hold

Market regulator Securities and Exchange Board of India (Sebi) has asked PNB Housing Finance to put on hold its proposed Rs 4,000-crore deal with Carlyle group. The market regulator feels the transac...
By Our Special Correspondent in Mumbai


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