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Tesla shares closed down 3% at $670.97 Wednesday, their biggest drop since March 26.
15 banks join to process local LCs on blockchainBankers said that the new system will verify data using invoices on goods and services tax (GST) and e-way bills which will quicken transactions and also eliminate risk of frauds.
from Stocks-Markets-Economic Times https://… Read MoreMicrofinance may get the freedom to bloomDifferentiated lending rates and new product development is likely to drive India’s microfinance market going forward with the Reserve Bank of India planning to create an open architecture for all lenders and deregulating the… Read MoreAuthum tops in Reliance Home Finance bidsThe voting for the best bid and resolution plan for RHF among the lenders concluded on Wednesday. Unlike other large debt resolutions, RHF is being restructured under the June 7, 2019 circular that provides a framework outsid… Read MoreNCLT doubts Videocon’s sale remained confidentialThe court also compared the 99.3% haircut that the operational creditors had to take with a “tonsure” or “total shave”. In its order, the NCLT requested lenders and the buyer to pay more to operational creditors, especially t… Read MoreIndian Overseas Bank urges RBI to pull the bank out of PCA frameworkThe bank reported Rs 831 crore of annual profit against Rs 8,527 crore loss in the preceding fiscal. ROA for the full year was 0.31% as against a negative 2.95% a year back.
from Stocks-Markets-Economic Times https://ift.tt/… Read More
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