Mid Night News for 30th Dec 2016

  • Achiievers

The latest Financial Stability Report (FSR) published by the RBI has observed that the asset quality of banks has deteriorated and that the NPAs had sharply deteriorated during the current financial year. Poor asset quality, low profitability and weak...

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Mid Night News for 29th Dec 2016

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Cabinet has cleared an ordinance to penalize those with old notes after December 30th. The notes of 500 and 1000 denomination were demonetized as of November 08th and individuals have time till December 30th to exchange these old notes. The ordinance...

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Mid Night News for 28th Dec 2016

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Even as the Ratan Tata camp claimed the first mover advantage by removing Mistry from all the Tata boards, Tata Sons has gone ahead and sent a legal notice to Cyrus Mistry for alleged breach of confidentiality. The holding company of the Tata Group...

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Mid Night News update 27th December 2016

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India Inc report foreign borrowings to the tune of $488 million in the month of November 2016. These foreign borrowings include money raised through ECBs, FCCBs and rupee denominated bonds under the Masala bond scheme. This figure is sharply lower...

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Mid Night News update 27th December 2016

  • Achiievers

India Inc report foreign borrowings to the tune of $488 million in the month of November 2016. These foreign borrowings include money raised through ECBs, FCCBs and rupee denominated bonds under the Masala bond scheme. This figure is sharply lower...

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Mid Night News for 26th Dec 2016

  • Achiievers

In what could ring alarm bells for the capital markets, Prime Minister Narendra Modi has hinted at more taxes on capital markets. While the details were not dwelt upon, Mr. Modi was of the view that stock market traders were not paying taxes in proportion...

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