Sebi plans to stipulate framework for timely disclosure of loan default

Sebi plans to stipulate framework for timely disclosure of loan default

New Delhi, Aug 15: Markets regulator Sebi is looking to stipulate a framework for timely and detailed disclosures of loan defaults by listed entities to enhance transparency. Several companies and rating agencies have come under the regulatory scanner for failing to make timely disclosure about the loan default risks. Tightening of the disclosure norms is […]

‘Comfortable forex reserves to deal with undue rupee volatility’

‘Comfortable forex reserves to deal with undue rupee volatility’

  New Delhi, Aug 15: A day after the rupee plunged below the historic 70-level, Union Minister Arun Jaitley said India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market and developments are being closely monitored. The Indian currency Tuesday crashed to a life-time low of 70.09 on concerns […]

Sensex ends over 200 points higher, Nifty above 11400

Mumbai, Aug 14: Bulls took the momentum back from bears on Tuesday as benchmarks ended the day on a strong note, courtesy a surge in banks and pharmaceuticals among others. An uptick in midcaps, too, helped the market close in the green. The Nifty managed to reclaim 11,400, while the Sensex ended over 200 points […]

IDBI bank Q1 net loss at Rs 2410 crore, NPAs rise

New Delhi, Aug 14: IDBI Bank reported a wider net loss of Rs 2,409.90 crore for the first quarter ending June 2018. The loss widened from Rs 853 crore registered in the same quarter a year ago, due to a jump in non-performing assets (NPAs) and provisions. In the fourth quarter ending March 2018, the […]