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Bank systems were clogged due to year-end system maintenance. Transactions were delayed for more than 24 hours, which otherwise would have been possible in a few seconds. Customers of top banks with large retail interfaces are said to have suffered the most.
Piramal Capital to raise up to Rs 3000 cr before DHFL merger Piramal Capital & Housing Finance is raising up to Rs 3,000 crore through an issue of bonds offering interest at 9.25% per annum. The issue comes at a time when the company has proposed to merge troubled home loan provid… Read MoreFed’s dot plot may back up Powell’s patience: Decision-day guideExpectations of a strong recovery from the Covid-19 slump are putting an intense focus on Fed officials’ projections for interest rates displayed in their “dot plot.” Two-thirds of economists surveyed by Bloomberg expect poli… Read MoreAsian stocks set to decline as investors eye US central bank meetingThe S&P 500 and Dow Jones retreated late in the session on Tuesday as yields on longer-maturity US Treasury bonds ticked up. This undercut investor optimism stoked by economic aid and vaccination drives.
from Stocks-Mark… Read MoreStocks in the news: Vedanta, Tata Comm, Magma Fincorp, Bharat Forge and Godrej PropertiesVedanta Resources Plc raised the open offer price for buying shares in its flagship Indian firm to Rs 235 per share.
from Stocks-Markets-Economic Times https://ift.tt/3bTIKIT
… Read MoreSC orders release of Rs 344 cr MF units to Dalmia BharatEarlier in an interim order, the SC gave an option to Dalmia to encash the mutual funds held by ISSL and keep the funds in a fixed deposit in the name of ISSL for a period of six months until further orders. Dalmia did not ex… Read More
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