Page 10 - Nikunj Ohri

LIC IPO to be delayed or not? GoM likely to take a call tomorrow

Merchant bankers say situation not ripe for IPO of this size

Govt may soon allow rupee-ruble trade; arrangement will bypass sanctions

The RBI is also likely to come up with a plan soon, and has collected information from Indian banks

GST intelligence body widens investigation on fintech firm BharatPe

Audit at BharatPe had suggested deeper investigation on deals with non-existent vendors

LIC IPO delay? Govt in wait-and-watch mode amid Russia-Ukraine crisis

The government will closely monitor the Ukrainian crisis before taking any decision, the official added

Special dispensation on voting rights not likely for IDBI Bank buyer

May be capped at 26%, irrespective of stake bought

Valuation question holds up SPV for land, asset monetisation of PSUs

The government is still finalising the valuation at which such assets will be transferred to the SPV.

New plan to tax blockchain ecosystem in the works amid wide adoption of NFT

The push comes in the backdrop of surging investment by Indians in cryptocurrencies

Next quarter onwards, hope to see positive growth: PNB Housing Finance CEO

On the retail side, for eight quarters, our portfolio shrank, but this quarter has witnessed flat growth, said CEO Prasad

PNB Housing Sept qtr net down 25% to Rs 235 cr even as housing demand rises

Consolidated interest income drops to Rs 1,500 cr from Rs 1,960 cr in the same quarter last year. NII down 23% to Rs 503 cr

Govt looks to extend street vendor credit scheme during festive push

Is looking to increase limit of working capital loan to Rs 25,000 from Rs 10,000 currently, apart from raising maximum guarantee it provides on loans to 25% from 15%

Banks lend Rs 63,574 crore to 1.38 mn borrowers via outreach programme

Both public and private banks have extended credit through 10,580 camps under the programme. Loans are over and above those under various central government loan guarantee schemes

Chaudhuri arrest case: Alchemist ARC accuses loan defaulters of complicity

Says former SBI chief's arrest was based on protest petition filed by erstwhile directors of Hotel Gaudavan; non-bailable warrants were issued without any summons

SBI ex-chief Pratip Chaudhuri arrested, sent to 14-day judicial custody

Case related to bad loan, sale of NPA at low value

No tie-up with airlines for govt staff after Air India-Tata deal

The government is not mandating travel by any particular airline, going forward, after handing over Air India because there won't be any state-owned airline, said DIPAM secretary

Must consider shareholder interests: DIPAM secretary Tuhin Kanta Pandey

'DIPAM has been advising ministries to carefully evaluate any policy changes which play a larger part in the functioning of PSUs', said Pandey

Govt appoints KV Kamath as chairperson of newly set up Rs 20,000-cr DFI

Centre to appoint its two nominees this week

Timeline for mandatory use of Indian flag on SCI vessels may be shortened

Tax implication of bearing the flag has been a sticking point for suitors

FM Sitharaman says India looking at near double-digit growth this year

Pitches for urgent reforms in UN, World Bank, IMF as 'they no longer speak for all nations'

Govt gets financial bids for Central Electronics after Air India deal

The govt seeks to disinvest its 100% shareholding in the PSU, buyer to observe three-year lock in

Govt issues letter of intent to Tata group-owned Talace for Air India sale

Post signing of agreement, Conditions Precedent will be completed in about eight weeks