The recent under performance in Yes Bank’s (YES) stock has been triggered by concerns of worsening asset quality amid tightening regulations. We believe YES has robust resolution processes and will be able to recover the bulk of its stressed assets. The strong corporate loan growth, while opportunistic, is driven with a specific strategy in mind. In time, focus on growing granular assets would regain importance as the current opportunity subsides.

The number of casualties after violence during the Ram Navami procession in West Bengal has increased to 3. While on Sunday, one person died in Purulia, and one in Kakinara, another individual passed away after clashes in Raniganj on Monday.

A massive political conspiracy has already brewed over the attack, and both BJP and TMC have pointed fingers at each other.

Following the outrage over iron spikes installed on the pavement of an HDFC Bank branch in Mumbai, the bank on Tuesday removed them.

"We sincerely regret the inconvenience caused to the public by the installation of the spikes at our Fort Branch, as part of the recent renovation. We're having the spikes removed on priority," the bank tweeted.

It’s one of the more unusual deals in the art world. After more than a decade, an Alberta businessman has finally found a buyer for his prized collection of gold castings of Nelson Mandela’s hand. The final price? Ten million dollars -- in bitcoin.

Attempts by Malcolm Duncan, formerly of South Africa, to sell the hands back in 2007 were scuppered by controversy over provenance and a possible missing charitable donation.

Telecom regulator Trai on Monday said that "license fee" collected by it had declined from Rs 32.49 billion for the quarter ended September 2017 to Rs 31.04 billion for the quarter ended December 2017.

"The quarterly and the year-on-year growth rates of license fee are 4.46 per cent and 16.04 per cent respectively in this quarter," Trai said in the "Indian Telecom Services Performance Indicator Report" for the quarter ended December, 2017.

ArcelorMittal on Monday moved the Ahmedabad Bench of the National Company Law Tribunal (NCLT), challenging the decision to declare its bid ineligible and protect its “rights” in the face of the legal move by Numetal, the other bidder for Essar Steel.

Numetal had moved the NCLT on March 20, ahead of the meeting of the Committee of Creditors, to decide on the eligibility of the two bidders for Essar Steel. At the meeting, both ArcelorMittal and Numetal were found to be ineligible.

In the coming years, though government-owned Coal India is poised to maintain leadership in a liberalised regime for the commodity, the world’s largest coal miner is also threatened with losing its competitive edge, primarily for technical reasons.

An internal assessment by the company in formulating a vision for the year 2030 reveals the strip ratio across its major mines is increasing substantially, which would lead to increased production cost.

With a debt of Rs 1,200 billion, Vodafone and Idea will have to work harder together to turn profitable as the consolidating mobile telephony market in the country changes rapidly.

When the merger is completed, Vodafone-Idea would have the largest subscriber base, about 400 million. But it will also be the most indebted telecom company.

Audit fees public sector banks (PSBs) have paid are much higher than those shelled out by their private sector peers.

State Bank of India (SBI) and Bank of India paid over Rs 2.16 billion and Rs 896 million in 2016-17, while HDFC Bank and ICICI Bank forked out Rs 25.8 million and Rs 78.3 million, respectively.

NEW DELHI: The government has notified April 1 as the implementation date for the electronic way or e-way bill, which will be required for transporting goods valued over Rs 50,000 between states.

Besides, the Central Board of Excise and Customs (CBEC) has also notified the requirement of filing summary return GSTR-3B till June.

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