New Delhi, Dec 27 (IANS) Punjab National Bank (PNB) has declared a Rs 2,434 crore alleged loan fraud by the former promoters of Srei Equipment Finance and Srei Infrastructure Finance.In a late evening exchange filing, the state-run PNB said that...
New Delhi, Dec 27 (IANS) India’s long-term structural growth story remains intact, supported by favourable demographics, rising digital adoption, increasing financialisation of household savings and continued reform momentum, according to a new report.The government’s ongoing policy initiatives will help reset...
Mumbai, Dec 27 (IANS) Indian equity markets ended the week in a positive terrain, buoyed by expectations of stronger domestic demand, a favourable liquidity outlook and optimism over potential Fed policy easing in 2026, analysts said on Saturday.The holiday-shortened week...
Seoul, Dec 27 (IANS) Shinsegae I&C, the information technology (IT) arm of retail giant Shinsegae Group, said the personal data of about 80,000 employees and subcontractors had been breached, but no customer information was compromised."We have confirmed that personal data...
Seoul, Dec 27 (IANS) The number of foreigners staying in South Korea for 90 days or longer for work or study has exceeded 1.6 million as of November, with about half of them living in the greater Seoul area, data...
Mumbai, Dec 26 (IANS) Gold prices extended their winning streak for the fourth straight session on Friday, hitting fresh record highs in both domestic and global markets as investors continued to rush towards safe-haven assets amid expectations of US interest...
New Delhi, Dec 26 (IANS) Coforge on Friday announced that it will acquire US-based engineering services firm Encora in a $2.35-billion all-stock deal, marking one of the largest transactions in India’s IT services space.The acquisition will be carried out through...
New Delhi, Dec 26 (IANS) The board of Coal India Limited (CIL), the country’s largest coal producer, on Friday appointed its Chairman-cum-Managing Director B Sairam as the company’s Chief Executive Officer. The decision was taken at a board meeting held...
New Delhi, Dec 26 (IANS) Rating agency ICRA on Friday raised its growth forecast for India’s tractor industry, citing strong demand, supportive policies and favourable farm conditions. The agency now expects tractor wholesale volumes to grow by 15–17 per cent...
Seoul, Dec 26 (IANS) South Korean battery maker LG Energy Solution Ltd. said on Friday it has agreed with a US company to terminate a supply contract signed in 2024 by mutual consent.In a regulatory filing, LG Energy Solution said...
New Delhi, Dec 26 (IANS) The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond (SGB) 2017-18 Series-XIII (SGBs) due on Friday.SGB 2017-18 Series-XIII issued on December 26, 2017 can be prematurely redeemed at...
Mumbai, Dec 26 (IANS) Indian stock markets ended lower on Thursday as investors stayed cautious during the holiday-shortened week and refrained from taking fresh positions due to the absence of strong triggers. Selling pressure in information technology and automobile stocks,...