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Transaction Advisors for IDBI Bank Stake Sale can Submit Bids till July 22

Department of investment and public asset management (DIPAM) has extended the deadline for submission by transaction advisors for strategic divestment of till July 22 from earlier date of July 13. The department Friday clarified that government and LIC of India intend to sell their full stakes, with an open

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NCDEX average daily turnover value up 126% at Rs 1,945 crore in June

Mumbai: The National Commodity and Derivatives Exchange (NCDEX) on Friday said its average daily turnover value (ADTV) has increased more than two-folds in June to Rs 1,945 crore compared to the same month in 2020. In June 2020, NCDEX had posted an ADTV of Rs 860 Crore, NCDEX said

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Stocks making the biggest moves midday: Goldman Sachs, United, Discovery and more

A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia.David Gray | ReutersCheck out the companies making headlines in midday trading.JPMorgan, Goldman Sachs, Bank of America — Bank stocks led the market comeback on Friday as bond yields rebounded. JPMorgan, Goldman Sachs and Bank of

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Wells Fargo closed your personal line of credit. Here are some other options

Smith Collection/Gado | Archive Photos | Getty ImagesWells Fargo is closing all existing personal lines of credit, CNBC reported on Thursday. Some customers are likely thinking: Now what?Fortunately, there are alternatives for clients looking for ready cash, according to financial experts.They may turn to other lenders that offer personal

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Benchmark’s Bill Gurley says SPACs are ‘remarkably cheap compared to mispriced IPOs’

Nextdoor's decision to go public through a special purpose acquisition company was largely the result of favorable pricing compared with a traditional IPO, said Bill Gurley, a partner at Benchmark and an early investor in the neighborhood social network.Gurley has been among the most vocal supporters of direct listings,

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As China leaps ahead on digital currency, a top central bank group is calling for global cooperation

LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies.The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve "interoperability" between their digital currency projects.This can be achieved through a number

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Sen. Elizabeth Warren slams Wells Fargo for causing potential credit score hit to its customers

U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021.Tom Williams | Pool | ReutersWells Fargo's decision to pull customers'

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