US backstops Silicon Valley Bank sale to First Citizens

[ad_1] US regulators said on Monday they would backstop a deal for regional lender First Citizens BancShares to acquire failed Silicon Valley Bank, triggering an estimated $20 billion hit to…

Valley National bidding for Silicon Valley Bank, says report

[ad_1] News Business Valley National bidding for Silicon Valley Bank, says report The FDIC which now controls the Silicon Valley Bank assets, when asked for a comment on the report…

TDS on online gaming to be applicable from Apr 1

[ad_1] News Business TDS on online gaming to be applicable from Apr 1 ‘It appears that these amendments have now been accepted. This may require gaming operators to seek an…

64 amendments in 44 mins, Bill passed with no discussion

[ad_1] News Business Economy 64 amendments in 44 mins, Bill passed with no discussion Soon after, Agrawal adjourned the House till March 27. Apart from bringing changes on taxation through…

Women entrepreneurs felicitated

[ad_1] News Business Women entrepreneurs felicitated The awards jury was led by HDFC chairman Deepak Parekh. Other members were AZB & Partners co-founder and managing partner Zia Mody, Thermax chairperson…

Mohanty is FSIB’s LIC pick

[ad_1] News Business Companies Mohanty is FSIB’s LIC pick While there was speculation that Kumar will get one more extension, the government decided to go for a new Chairperson.     …

What does ‘guillotine’ refer to in legislative parlance?

[ad_1] Amidst the ongoing stalemate in Parliament, some MPs said the government may guillotine the demands for grants and pass the Finance Bill without any discussion in the Lok Sabha…

Vijay Mallya was acquiring assets abroad before he fled: CBI

[ad_1] In a supplementary chargesheet filed by the CBI before a special court in Mumbai last year, the agency has alleged that even as the now defunct Kingfisher Airlines Limited…

Banking turmoil: Safe haven gold hits Rs 60,000 mark

[ad_1] News Business Banking and Finance Banking turmoil: Safe haven gold hits Rs 60,000 mark In view of the banking crisis and conflicting US economic statistics, the US Fed is…

‘Surveillance actions on stocks driven by non-discretionary rules’

[ad_1] News Business Market ‘Surveillance actions on stocks driven by non-discretionary rules’ The clarification comes as opposition parties have raised questions over the recent decision of the exchange to remove…