Ajit PaiBrad Quick | CNBCFederal Communications Commission Chairman Ajit Pai will step down from his post on Jan. 20, the day President-elect Joe Biden is inaugurated, he announced Monday.The announcement means that the FCC could…
AT&T considers selling significant minority stake in DirecTV,…
CNBC; Getty ImagesAT&T is in discussions with private-equity firms, including Apollo Management, to sell a significant minority stake in its DirecTV, AT&T Now and U-Verse pay-TV businesses in a complicated transaction that would shift legacy…
PNB lowers recast target; expects only Rs 20,000…
New Delhi: Punjab National Bank (PNB) on Tuesday lowered the debt recast target by 50 per cent to Rs 20,000 crore as there was not enough demand for restructuring approved by RBI a couple of…
What are balanced mutual funds?
Balanced funds are a new category of hybrid funds that came into existence after the recategorisation of mutual fund schemes by Sebi in 2017. Until then, mutual fund participants - be it fund managers, advisors…
Delhi-based LivFin raises Rs 35 crore from German…
MUMBAI- LivFin, an SME-focused tech-enabled supply chain fintech firm has secured Rs 35 crore from German development finance institution DEG, the company said on Tuesday. LivFin, promoted by the Family Office of SAR Groupâs Rakesh…
Here’s the final tally of where tech billionaires…
Co-founder and CEO of Netflix Reed Hastings attends a red carpet for the Netflix launch at Palazzo Del Ghiaccio on October 22, 2015 in Milan, Italy.Jacopo Raule | Getty ImagesTech executives, rich from an 11-year…
Another Indian rises at Citi, Anand Selvakesari to…
US based Citibank has elevated its former India consumer banking chief Anand Selvakesari as CEO global consumer banking in the latest addition to the long list of Indian executives rising to the top in foreign…
Wall Street traders are having a tough time…
How is Wall Street positioned for the election? Even Wall Street isn't sure. For most of October, "buy the stimulus trade" was the main idea on Wall Street. After all, polls showed odds were good for a…
Buy HDFC Bank, target price Rs 1305: ICICI…
ICICI Securities has given a buy rating to HDFC Bank with a target price of Rs 1305. The share price moved up by 2.09 per cent from its previous close of Rs 1215.50. The stockâs…