Bank of Maharashtra sanctions Rs 2,789 crore loans…

Mumbai: State-owned Bank of Maharashtra on Sunday said it has sanctioned loans worth Rs 2,789 crore to MSME, self-help group, agricultural and retail borrowers to help them meet their liquidity mismatches caused due to coronavirus…

NBFCs face a litmus test on their bond…

Non banking finance companies (NBFCs) may have got a moratorium from banks on their loan payments but over Rs 76,000 crore of repayments in the debt market in the next three months could well be…

Hong Kong police fire tear gas on biggest…

SHATIN, HONG KONG - 2020/05/16: Demonstrators use a protest banner and gestures during the protests. Anti-government protesters gathered in a mall at the New Town Plaza after heeding to online calls to gather at four…

JioMart website goes live across 200 cities in…

Reliance Jio’s hotly-awaited online shopping portal JioMart is now open for orders in 200 cities across India including all major metros and tier II and III cities such as Mysuru, Visakhapatnam, Coimbatore, Dehradun and Bhatinda.The…

Some Uber, Lyft drivers fear companies will use…

A driver and passenger wearing protective masks exit the ride sharing pickup area in a car displaying Uber Technologies signage at San Francisco International Airport in San Francisco, California, U.S., on Monday, May 4, 2020.…

Small hedge fund tries for change at a…

Sheraton Grand Sacramento HotelSource: Sheraton Grand Sacramento HotelA small firm is looking to make a change at a real estate investment trust, an area typically tough for activism.Company: CIM Commercial Trust Corp. (CMCT)Business: Real estate investment trust that…

After rush to exit India in March &…

Reversing their selling trend, foreign investors have infused over Rs 9,000 crore into the Indian equity markets in May so far amid attractive valuations of stocks and a mega block deal involving HUL. Experts believe…