US private equity firm Carlyle to sells 3.4% stake in SBI Card worth Rs 3,267 cr

The sale price has been fixed at Rs 1021 to Rs 1072.30 a piece, which is as much as 4.78 per cent lower than Monday’s closing price of Rs 1072.30.

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Chinese property magnate loses $1 billion in Evergrande panic

Zhang Yuanlin, chairman of Sinic Holdings Group, saw his net worth drop from $1.3 billion Monday morning to $250.7 million by the afternoon, according to Forbes, when his firm was

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Traders list 240 goods for free trade agreement talks with UK

“An FTA with the UK will offset some of the disadvantages that India has vis-a-vis Vietnam” and boost India’s share in the UK’s imports over the coming years, said Ajay

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Icra expects consumer demand to pick up in festive season

“It appears that the temporary boost, provided by the easing of state-wise restrictions after the second wave of Covid-19 ebbed, has petered out,” said Aditi Nayar, chief economist at Icra.

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France’s Macron, America’s Biden to talk in ‘coming days’ about submarine spat

The announcement comes a day after France recalled its ambassadors to Washington and Canberra, unhappy over secret US-Australia negotiations that led to the cancellation of a multi-billion Australian order for

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UAE central bank sees COVID-19 increasing money-laundering risks

The number of so-called “money mules” – people who receive illicit funds into their bank accounts to hold or withdraw and wire elsewhere, taking a commission for their services –

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Crypto Week at a Glance: Consolidation with mixed results for altcoins

Investor sentiment turned bullish post September first week for the broader market though price actions remained restricted. Trade volumes across exchanges dipped in anticipation of a clear breakout on either

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Dish TV seeks to extend AGM, says requires regulatory nod for suggested changes on board

The AGM of Dish TV was scheduled to be held on September 27, 2021. Yes Bank has sent a notice for the removal as well as appointment of certain directors

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Who files ITR of the deceased, how and what happens in case of non-filing

The legal heir will have to file returns and pay taxes in respect of the estate of the deceased, which are in or may come into his possession, i.e., he/she

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European Union unveils Indo-Pacific strategy, tries to allay China fears

The EU believes the region, which stretches from India and China through Japan to Southeast Asia and eastward past New Zealand to the Pacific, is growing in importance given its

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