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Home  Business

Business

Banks will focus on cash flow-based lending in future: Ajay Vyas

Banks will focus on cash flow-based lending in future: Ajay Vyas

  • Samsung removes ad mocking Apple for not having iPhone charger

    "The Facebook post was made by Samsung Caribbean back in October, and it had a picture of a charging brick with the caption "Included with your Galaxy".
  • OYO reiterates commitment to upskill hospitality workforce

    Speaking at the event, Union Minister of State for Education, Sanjay Dhotre said: "I believe that skilling our workforce and equipping them to meet the impending challenges will create new opportunities."
  • Indian economy reviving at unforeseen pace: RBI

    The monthly bulletin of the central bank for December said the more evidence has emerged since the last bulletin which shows that the Indian economy is coming out of the Covid-induced slowdown.
  • Sensex gains 400 points; metal, banking, oil & gas stocks surge

    Around 10.30 a.m., Sensex was trading at 46,867.57, higher by 423.39 points or 0.91 per cent from its previous close of 46,444.18.
  • Air India pilots reject 5% rollback in pay cut, says ‘donate for Parl building or PM Care’

    Association said: "We do not accept this paltry 5 per cent roll back in illegal pay cut and you may advice the concerned to donate this 5 per cent towards funds for building the Parliament or PM CARE".
  • Speciality chemicals major Anupam Rasayan files for Rs 760 cr IPO

    The issue proceeds will be used mainly for repayment of debt. As stated in the DRHP, the company may consider a discount for eligible employees bidding for the reservation portion.
  • Massive cyberattacks that shook the world in 2020

    The biggest of them perhaps came to light towards the end of the year when cybersecurity company FireEye earlier this month revealing that it became a target of hackers who accessed tools
  • UTI Small Cap Fund NFO mobilises Rs 920 cr Mumbai

    The fund plans to invest in companies that have scalable business models and are run by seasoned management.
  • S&P affirms Indian Bank’s BBB-minus/A-3 ratings with negative outlook

    "We affirmed the ratings because we expect Indian Bank to be able to absorb a moderate deterioration in its asset quality over the next 12 months and benefit from faster-than-expected economic recovery in India," said S&P.
  • EY to hire 9K skilled people in AI, ML in India next year

    EY in India currently has over 50,000 people working in all member firms, including global delivery centres.
  • SpiceJet ties-up with GMR Hyderabad Air Cargo for storage

    As part of this association, SpiceXpress–the cargo arm of SpiceJet envisions providing a solution for vaccine delivery, while also creating a sustainable cold chain network.
  • Ankura Hospital expanding footprint in TS, AP

    Adding five new hospitals in next 15 months with a cumulative investment of about Rs 125 crore
  • Exports from Telangana beat lockdown

    Despite the Covid-induced economic challenges, the State has been able record exports of $4.1 billion this financial year up to September 2020, a jump of 14 per cent over the same period year-on-year.
  • Telangana becoming exports powerhouse

    The State can tap more opportunities by strengthening its infrastructure for testing, production and logistics, says Exim Bank MD
  • Hotel Association of India launches TS Chapter

    HAI submits memorandum to KTR to accord industry status to hospitality sector
  • DPIIT to organise global summit on startups on Jan 15-16

    The Startup India action plan provides tax and other incentives. So far, over 41,000 startups have been recognised by the department. 
  • Indian pharma firms at high ransomware attack risk in 2021

    According to the 'threat prediction 2021' report by Seqrite, an enterprise security solutions brand by Quick Heal Technologies, although few ransomware operators agreed not to attack the healthcare sector during the Covid-19 crisis
  • Nissan to hike prices of all vehicles by up to 5% from Jan

    The proposed price increase will be effective from January 2021.
  • Rule 36: Businessmen resent new GST amendment

    A majority of the trading community took to social media platforms to condemn the amendment to Rule 36, which according to them reduces the claimable Input Tax Credit (ITC) for them.
  • Glenmark inks pact with Menarini Group

    The company's product is a novel fixed-dose combination nasal spray of an antihistamine and a steroid, indicated for treatment of symptoms associated with seasonal allergic rhinitis (SAR) in patients over 12 years of age.
  • Honda brings down curtain on Greater Noida plant

    With the closure of Greater Noida facility, HCIL has also discontinued CR-V and Civic models in the country. Both the models were being manufactured at the plant.
  • Retro Tax Arbitration: India ordered to pay up to $1.4 bn to Cairn Energy

    The tribunal ordered the government to return the value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand.
  • RBI okays Sandeep Batra’s appointment as Executive Director of ICICI Bank

    Batra has been working with the ICICI Group for the last 20 years and is currently the President with responsibilities of the Corporate Centre at the bank.
  • Hyderabad-based Averest Hotels & Resorts plans 20 properties in three years

    First property from the group to come up in Hyderabad by January 2021
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