Top news this week: Scrapping of electoral bonds, Paytm saga, Adani firms ratings improved and more
Read more The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping deposit transactions at Paytm Payments Bank, part of One 97 Communications that runs the digital payments firm Paytm. Customers now have time till 15 March to deposit money into their accounts, wallets, FASTags, and prepaid cards.
Read more Thousands of farmers from Punjab headed for the national capital in tractors, SUVs and farm vehicles clashed with the Haryana police at the Shambhu border, where they were met with teargas, water cannons and rubber bullets. The farmers had begun their march on Tuesday morning, after the previous evening’s meeting with central ministers to press for legally guaranteed minimum support prices (MSP) for their crops failed to yield results.
Read more US-headquartered ratings firm Moody's upgraded the outlook of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. Read more Big Four accounting firm EY is conducting a forensic audit on a portion of Bandhan Bank’s loan book backed by government guarantees, two people aware of the development said.
Read more One97 Communications, on Friday, announced that Paytm has shifted its nodal account to Axis Bank (by opening an Escrow Account), the company said in an exchange filing. Read more Adani Realty has secured the contract to redevelop the 24-acre Bandra Reclamation land parcel, put up by the Maharashtra State Road Transport Corporation (MSRDC).
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