India banking system remains stable, resilient: RBI chief
“We continuously do stress tests. We identify any potential build-up of risk in any institution and we constantly engage with the management of banks through […]
Day: March 17, 2023
SVB Financial files for bankruptcy protection
SVB Financial Group said on Friday it filed for a court-supervised reorganisation under Chapter 11 bankruptcy protection to seek buyers for its assets, days after […]
Markets end higher in global rebound, but post weekly losses
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
PhonePe raises $200 million in additional funding from Walmart
This new funding comes as a part of PhonePe’s ongoing fundraise of up to $1 billion in capital, following its domicile shift to India last […]
Air India makes another voluntary retirement offer for staff
The latest offer will be available for permanent general cadre officers who have attained the age of 40 years or above and completed a minimum […]
Crypto-linked bank failures fuel regulation debate
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
Asian markets take breather from banking turmoil, capping tumultuous week
Further helping sentiment, as many as 11 US banks including JPMorgan Chase & Co will deposit as much as $30 billion into First Republic Bank. […]
US stocks end higher as major banks shore up First Republic
The Wall Street stocks finished solidly higher Thursday after a consortium of major US private banks announced a $30 billion rescue package for embattled lender […]
TCS CEO Rajesh Gopinathan quits; K Krithivasan to replace him
Tata Consultancy Services (TCS) said on Thursday MD and CEO Rajesh Gopinathan has resigned — a sudden departure that comes after just a year into […]
Twitter foreign entity, can’t seek protection under Article 19: Centre
US-based microblogging platform Twitter Inc cannot seek protection under Article 19 of the Constitution that guarantees freedom of speech and expression to Indian citizens and […]