PNB puts 6,900 loan recovery cells to recover bad loans
Punjab National Bank (PNB) has set up a loan recovery cells in all of its 6,900 branches each and about 25,000 employees will be deployed...
Category : Business & Finance
Bitcoin hovers near $6,000 after low hit in a quarter
by News Desk
Bitcoin traded above $6,000 Monday morning after dropping below that exact level for the first time since February over the weekend, with the digital currency...
USA plans to put a stop on Chinese investment, citing security risks
by News Desk
The Treasury Department is planning to heighten the study of Chinese investments in sensitive USA industries under an emergency law, putting Washington’s trade war with...
Jaguar Land Rover to put in Rs 1.2 lakh crore in next 3 years
by News Desk
Tata Motors-owned Jaguar Land Rover (JLR) plans to invest Rs 1.2 lakh crore in the next three years, as it seeks to stay ahead of...
‘AIIB is as much a Chinese bank as World Bank is American’
by News Desk
The government seems to have equated China’s role in the Asian Infrastructure Investment Bank (AIIB) to that of the US in the World Bank. This appears to...
Plastic ban: Industry stares at loss of Rs 15,000 crores
by News Desk
The state-wide plastic ban, including carry-bags and thermocol by the Devendra Fadanvis government, will result in loss of up to Rs 15,000 crore and nearly 3...
Rishad Premji had pay increased by 250% to Rs 5.9 crores
by News Desk
Rishad Premji, the chief strategy officer and a director of Wipro board, was awarded highest percentage increase in salary for the last fiscal. The salary rose...
Nirav Modi’s CA firm in UK linked to Panama Papers
by News Desk
An accountancy firm based out of Harrow is now getting linked to companies named in the Panama papers that also audited the finances for diamond jeweler Nirav...
Visa may invest in BillDesk, valuing at $1.5-2 billion
by News Desk
Digital payments network Visa is likely to invest over $250 million in Mumbai-based payments gateway BillDesk, valuing the company at around $1.5-2 billion. BillDesk, which had earlier been...
MK Jain takes charge as RBI Deputy Governor
by News Desk
MK Jain on Friday took charge as the Deputy Governor of Reserve Bank of India. Jain was the MD & CEO of IDBI Bank before...