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| Centre tries to defuse tension with RBI with a statement The government added that its has never made public the subject matter of those consultations and has only communicated the final decision. |
| Tatas, TCS violated rules in sacking Cyrus Mistry The RTI reply said the way Mistry was removed violated provisions under the Companies Act.... |
| Tata Motors posts Rs 1,049 crore loss in Q2 Analysts in an ET NOW poll had estimated the loss figure at Rs 640 crore.... |
| Section 7 & why it is being used against RBI This specific provision in the RBI Act empowers the government to issue directions to the RBI. |
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 | |  | The tussle between the RBI and payments companies goes beyond data localisation. | | | |
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| More From our Partners MSME Pulse – comprehensive Q2 report on MSME
Vipul Mahajan is responsible for managing solutions related to all types of commercial credit in the country, ranging from a Micro loan to Large ticket corporate. |
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| MARKET NEWS |
| No Diwali firework at malls and market: Here's what explains it Urban demand for consumer durables and automobile, too, has slowdown down.... |
| The solution to India's liquidity crunch is far from home If the liquidity taps don't open soon for shadow lenders, property markets could be shaky.... |
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| FROM THE NEWSPAPER |
| Cognizant cuts guidance, takes a $28 million hit on bribery issue In its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016.... |
| RBI's PCA just baby steps before weak banks leap The government demands dilution of restrictions on lending to below 'Double A' rated borrowers, which it thinks taper... |
| RBI's Gurumurthy complains to Guv on Viral Acharya speech Gurumurthy told ET "Acharya going public on issues not discussed in or disclosed to the board which met just two days... |
| Discrepancy in probe against Rakesh Asthana by ex-CBI team Team under Superintendent Satish Dagar didn't seek custodial interrogation of Manoj Prasad, who has been accused of a... |
| NBFCs stare at Rs 50,000 cr ticking time bomb Out of Rs 50k cr of CPs coming up for redemption around Rs 5k cr were issued by a troubled HFCs.... |
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