‘Financial creditors forego Rs 790 cr under insolvency resolution process’ With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing Rs 70 per cent of their admitted claims of Rs 790,626.2 crore) the number of cases admitted for Corporate Insolvency Resolution Process (CIRPs) has increased since the launch of the Insolvency and ...

Property prices in Thane: The average cost of 3-BHK in this Thane area is Rs 1.1 crore [ad_1] Employment hubs and social infra Key employment centres: MBC Business Park (750 m), G Corp Tech Park (1.5 km), LODHA iThink Techno Park (5.5 km). Hospitals*: Thane Noble, Hiranandani Hospital | Schools*: Orchids, DG International | Retail*: R Mall, Big Shopping Centre. ...

SBI Govandi suburban branch in Mumbai changes weekly off to Friday In a move that has raised eyebrows in some quarters, the public sector State Bank of India’s Govandi Branch is understood to have changed its weekly off from Sundays to Fridays, with effect from December 1. A notice to the effect went up outside the branch ...

Bank locker charges of SBI, HDFC Bank, PNB, ICICI Bank, Canara Bank [ad_1] Bank lockers can be used to store property documents, jewellery, loan documents, savings Bonds, insurance policies, and other confidential items which need safekeeping. Depending on the size of the locker and the centre where the branch is located, the bank will charge an annual rent. At the ...

December Bank Holidays 2022: Bank holidays December 2022: Banks to remain closed for 14 days in December, check the full state-wise list [ad_1] Banking operations will be closed on specific days in accordance with the Reserve Bank of India’s (RBI) calendar of holidays for the month of December 2022, however, Internet banking services will be available. All the bank holidays ...

Rupee gains 8 paise to 81.60 against US dollar as foreign capital inflows The rupee appreciated 8 paise to 81.60 against the US dollar in early trade on Tuesday as foreign capital inflows and a firm trend in the domestic equity market boosted investor sentiments. Besides, a weak American currency in the overseas market helped the local ...

Can India’s new finance hub in Gujarat become the next Singapore or Dubai? India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo. In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees of companies such as JPMorgan Chase & ...

Late Husband Demat Account: How to transfer late husband’s shares in demat account to another heir? [ad_1] Q.My husband had a demat account but there was no nominee. My husband expired recently. How can we transfer the shares to another heir? Can it be transferred only to spouse, or will it be shared equally by all the heirs? What could ...

4 reasons Vinati Organics is this week’s stock pick [ad_1] Vinati Organics, which manufactures specialty chemical and organic intermediaries, delivered a strong performance in the second quarter of 2022-23. The revenue and PAT grew 51.4% and 43% on a y-o-y basis, helped by robust demand for its key chemical products —ATBS and IBB. However, higher raw material costs led to ...

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on ...