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Rupee Bank administrator seeks its merger with another lender

Rupee Co-operative Bank's administrator Sudhir Pandit said on Saturday that he has requested the RBI authorities to merge the city-headquartered bank with another, stronger lender. He had a meeting with Reserve Bank deputy governors Rajeshwar Rao and M P Jain in this regard, he said in a statement here. "Liquidation is

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Court takes cognisance of charge sheet against Avantha Group promoter Gautam Thapar

A Delhi court on Saturday took cognisance of a charge sheet by the Enforcement Directorate (ED) against businessman and Avantha Group of companies promoter Gautam Thapar and 20 others in connection with Rs 500 crore money laundering case. Special judge Sanjeev Aggarwal summoned the accused persons and companies on

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Stock market on comeback trail heads into what’s supposed to be another stellar earnings season

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021.Brendan McDermid | ReutersStocks proved hard to keep down this week, and the start of the earnings season next week could further bolster the comeback if

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