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  Business   Economy  08 Oct 2018

Business, Economy, 08 Oct 2018

Rupee slumps 30 paise to close at record low of 74.06 against US dollar

The rupee had opened lower by 14 paisa against Friday's close of 73.76 in early trade as the US dollar.

08 Oct 2018 6:20 PM

Federal Bank gets RBI nod to sell 45 pc stake in NBFC arm to True North

The lender said that Reserve Bank earlier last week gave approval for the proposed transactions.

08 Oct 2018 4:36 PM

Non-banking financial companies slip as RBI plans to strengthen norms

Dewan Housing Finance Corporation Ltd’s stock fell as much as 12.3 per cent.

08 Oct 2018 2:41 PM

IDBI officers allege LIC deal violates status quo assurance

IDBI Bank on October 4 allotted about 33.99 crore equity shares to LIC at a price of Rs 61.73 per share.

08 Oct 2018 11:38 AM

Sebi show-cause notice likely to credit rating agencies in IL&FS failure

Experts say they should adopt a holistic approach in credit rating.

08 Oct 2018 11:03 AM


Rupee falls 14 paise against US dollar in opening trade

The dollar strengthened after China's central bank eased its domestic policy to support the economy.

08 Oct 2018 10:30 AM