Saturday, August 3, 2019

Banking

According to TCFS, it had a maximum exposure of Rs 165 crore to Café Coffee Day (CCD) group in FY2017-18, and that the entire amount had been repaid by March 2019.

from Banking/Finance-Industry-Economic Times https://ift.tt/2KfbCxl

Banking

Non-banking finance companies (NBFCs) have dramatically slashed lending following the collapse of one of the biggest, IL&FS, in late 2018.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YGLqDP

No exposure to any Cafe Coffee Day group companies, says Tata Capital Financial Services

According to TCFS, it had a maximum exposure of Rs 165 crore to Café Coffee Day (CCD) group in FY2017-18, and that the entire amount had been repaid by March 2019.

from Banking/Finance-Industry-Economic Times https://ift.tt/2KfbCxl
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How a shadow banking crisis sent India's autos sector into a tailspin

Non-banking finance companies (NBFCs) have dramatically slashed lending following the collapse of one of the biggest, IL&FS, in late 2018.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YGLqDP
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Taxmen have power for provisional attachment before final assessment

Criticism had mounted against the tax department after the coffee baron committed suicide.

from Economy-News-Economic Times https://ift.tt/31iptZz
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Taxation amid slowing economy killing market's 'animal spirit'

The controversial tax-surcharge on super-rich proposed in the Budget caused an outflow of Rs 12,419 crore in the month of July.

from Economy-News-Economic Times https://ift.tt/2ME00FO
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DHL Express is betting big on ecommerce engine to help Indian SMEs find foreign markets

DHL Express, under a new global CEO, is betting on ecommerce to help Indian SMEs find foreign markets.

from SME Sector-Small Biz-Economic Times https://ift.tt/2YiwxZ4
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Friday, August 2, 2019

RPP Infra wins new order worth Rs107.9cr

This order is a part of the Bruhat Bengaluru Mahanagara Pahke's ambitious project to white-top 93.47 km of roads within the City, the company said in the press note aftermarket hours.

from India Infoline News Service https://ift.tt/2KenMXC

Mindtree names Debashis Chatterjee CEO

S.N. Subrahmanyan, CEO of Larsen & Toubro will be appointed non-executive vice-chairman, the company said in the press release.

from India Infoline News Service https://ift.tt/2MAmOGD