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PSU banks have had a rough time over the last three months, with their stocks falling as much as 12% from July to September. The Nifty PSU Bank index, which ...

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MTNL, a state-owned telecom company, is facing financial difficulties as several banks declared its loans as non-performing assets (NPA) in August. In ...

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Bharat Petroleum Corp. (BPCL) is in discussions with lenders to secure a loan of about Rs 32,000 crore ($3.8 billion). This could become the largest ...

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NARCL, which recently acquired Simplex Infrastructures' ₹9,600-crore debt from banks led by Punjab National Bank (PNB), is considering a plan to split the ...

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Tata Power Solar Systems Ltd (TPSSL) has teamed up with Bank of India (BOI) to make it easier for people to get loans for rooftop solar installations and ...

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PC Jeweller has agreed on a one-time settlement (OTS) with a group of lenders, led by the State Bank of India (SBI), to clear its debt. The company will pay ...

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The Indian stock market has been on a roll, with a 6.5% rise in June and another 2.6% in July. Positive election results, stable inflation, foreign investment ...

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The National Company Law Tribunal (NCLT) in Hyderabad has started insolvency proceedings against GVK Power & Infrastructure (GPIL) after ICICI Bank and ...

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Today, the focus in the stock market will be on shares of Bank of India, HDFC Asset Management Company Ltd, L&T Finance Ltd, and Tata Investment ...

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Bank of India has been slapped with a tax demand order amounting to Rs 1,127.72 crore by the Income Tax Department for the assessment year 2016-17.The ...

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