PAM Financial News
06.01 / 00:51
06.01 / 00:35
06.01 / 00:35
markets
Provident
Digital
Aware
Strategy
Experts
PAM
Tata Sons ends debt support for new businesses, focus on independent financing
Tata Sons has directed the management of all group companies, especially new businesses such as Tata Digital, Tata Electronics and Air India, to independently manage their debts and liabilities, discontinuing the practice of providing letters of comfort and cross-default clauses to lenders, officials aware of the development told ET.
06.01 / 00:35
05.01 / 21:39
05.01 / 21:39
05.01 / 21:39
05.01 / 21:39
markets
UPS
Digital
Strategy
Experts
PAM
Expect automotive leasing in India to account for up to 8 pc of total sales in 5-8 yrs: ORIX
ORIX Corporation India Ltd expects automobile leasing market in India to account for 7-8 per cent of the overall vehicle sales in the next 5-7 years, up from about 2 per cent currently with more younger people joining the workforce, its Managing Director and CEO Vivek Wadhera. With good traction in its business, the company expects 30-35 per cent higher profit this fiscal year compared to the last year, Wadhera told PTI in an interaction.
05.01 / 21:39
05.01 / 21:39
05.01 / 18:45
markets
Digital
Strategy
Experts
PAM
show
electronic
AI expected to be the star at CES gadget extravaganza
Consumer Electronics Show, as vendors behind the scenes will seek ways to deal with tariffs threatened by US President-elect Donald Trump.
05.01 / 18:45
05.01 / 18:45
05.01 / 18:45
05.01 / 18:45
markets
Digital
Booking
Strategy
Experts
PAM
reports
Most banks see slower loan growth amid weak demand
consumer demand, risk aversion to unsecured loans, and tepid deposit growth until late into the December quarter have meant that a majority of lenders clocked slower credit growth in the just concluded three-month period. Some banks such as HDFC Bank, which had an acute credit to deposit (C/D) ratio problem, have aggressively sold loans during the quarter, resulting in a loan growth of a mere 3% compared with a 15% deposit growth. Only IDBI Bank and IndusInd Bank reported loan growth in excess of deposits during the quarter, provisional data published by banks showed.
05.01 / 18:45
markets
Digital
Strategy
Experts
PAM
stars
mountaineering
North East back in spotlight as UltraTech buys star stake
Dalmia Bharat Group Managing Director, Puneet Dalmia, marked the formal entry of a national cement company into the Northeast when he unveiled the brand, which carries his family name, at a Guwahati indoor stadium on the eve of the winter Bihu.
05.01 / 16:37
05.01 / 16:37
markets
Digital
Strategy
Research
Healthcare
PAM
medicines
PM Modi lays foundation for ayurveda institute in Delhi, says world will soon adopt 'Heal in India'
Heal in India' as a mantra, Prime Minister Narendra Modi said on Sunday. Modi made the remarks while virtually laying the foundation for a new Central Ayurveda Research Institute building in Rohini, terming it as «Ayurveda's next big leap».
05.01 / 16:37
05.01 / 15:51
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