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Wednesday, September 29, 2021

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This bank’s customers after RBI restrictions can’t withdraw money for six months

The RBI has put restrictions on withdrawals from Nashik's (Maharashtra) Independence Co-operative Bank Limited due to the lender's present liquidity position. Considering the bank's present liquidity position, no amount...

Air travel becomes expensive: Govt raises limits on domestic airfares by 10-30 per cent

Passengers will need to distribute extra money for aviation from now because the Civil Aviation Ministry on Thursday increased the lower and upper limits on domestic airfares by 10 to 30 per...

Bata India Falls After Profit Drops Nearly 80% In December Quarter

Shares of shoe maker and retailer Bata India fell the maximum amount as 6.84 per cent to ₹ 1,462.20 on the BSE each day after it reported December...

Deepak Parekh HDFC Chairman Settles Matter With Sebi; Pays Rs 9.37 Lakh As Settlement Charges

Mortgage lender HDFC Ltd''s Chairman Deepak Parekh has settled with markets regulator Sebi a matter of non-compliance with an erstwhile listing agreement. Parekh has settled...

Chip shortage hits General Motors production

General Motors (GM) is the latest automaker to feel the effects of a global semiconductor chip shortage. The automotive giant said it would cut production...

Singapore Airlines posts $106 million Q3 loss as passenger numbers plunge 98 percent

Singapore Airlines Ltd on Thursday posted a $142 million ($106.36 million) net loss in the third quarter as passenger numbers drops by 97.6% due...

Jack Ma’s Ant Group to restructure into financial holding company, face tough banking regulations

Chinese billionaire Jack Ma-backed Ant Group has submitted plans to restructure itself as a financial holding company, which would be overseen by China's central...

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