With the Reserve Bank of India (RBI) asking the administrator of Lakshmi Vilas Bank Ltd (LVB) to write down Tier-2 bonds worth Rs318.20 crore, several investors who bought these bonds are staring at huge loss. Earlier, the RBI has written off entire equity capital of LVB following the...
Computer Age Management Services Ltd (CAMS) is a mutual funds (MFs) transfer agency with a focus on technology-based solutions. It offers services to alternative investment funds (AIFs) and insurance companies, through service centres, white label call centres, online mobile applications and...
The National Anti-profiteering Authority (NAA) has imposed a penalty of Rs241 crore on three subsidiaries of the Procter & Gamble (P&G) group for alleged profiteering by not passing benefits of the reduction in the Goods and Services tax (GST) to consumers in November 2017.
Quoting...
While extending an interim bail granted to Republic TV's editor Arnab Goswami, the Supreme Court on Friday said liberty is not a gift for the few and courts from across the country should use its judgement for future cases for bail.
In the judgment, the bench of justice Dr DY...
The size of the Indian plastic pipes industry is estimated to be Rs300 billion with 60% of the demand coming from the agricultural sector and the remaining 40% from the housing & building construction sector. Within that, the PVC (polyvinyl chloride) pipes and fittings segment in India was...
