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BW Online Bureau

BW Online Bureau

Latest Articles By BW Online Bureau

Paytm To Invest Rs 750 Cr To Reach 250 Million Monthly Active Users By March

BW Online Bureau

Paytm currently has a monthly active user base of around 140 million.

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Hero MotoCorp Manufacturing Plants To Remain Shut For 4 Days Till Aug 18

BW Online Bureau

In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019.

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Rupee Slips 20 Paise To 71.47 Vs $ In Early Trade

BW Online Bureau

At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the $, showing a decline of 20 paise over its previous closing.

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Sensex Sinks Over 300 Points; Metal, Auto Stocks Drag

BW Online Bureau

The 30-share index pared some opening losses to trade 248.25 points or 0.67 per cent lower at 37,063.28 at 0930 hours; and the broader Nifty too fell 67.45 points or 0.61 per cent to 10,961.95 in morning trade.

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YES Bank Raises Rs 1,930 Crores Through Qualified Institutions Placement (QIP) Route

BW Online Bureau

YES BANK, pursuant to the allotment of its equity shares on August 15, 2019, has raised Rs. 1930 crores through the Qualified Institution Placement (QIP) route. The QIP opened on August 08, 2019 and closed on August 14, 2019.

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Global Markets: Stocks Spooked, Oil Sinks As Bond Markets Scream Recession

BW Online Bureau

The threat to global demand took a heavy toll on oil prices, with Brent crude losing another 44 cents to $59.04 a barrel, after shedding 3% overnight. US crude was last down 33 cents at $54.90.

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More Forced Lending To NBFCs Can Land Banks In Trouble: Fitch

BW Online Bureau

Earlier this month, RBI announced three major steps to encourage banks to lend more to liquidity starved NBFCs.

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Sensex Gains 353 Points; Nifty Reclaims 11,000 Level

BW Online Bureau

After surging 515 points during the session, the 30-share Sensex settled 353.37 points or 0.96 pc higher at 37,311.53.

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SBI Proposes To Dilute Stake In Credit Card Business

BW Online Bureau

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

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Hyderabad Gets Continued Support From Occupiers And Investors

BW Online Bureau

The city received an investment of approximately Rs 101 billion since the formation of a new Telangana state

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