Yes Bank has chosen JC Flowers ARC as a joint venture partner to sell impaired debts worth Rs 51,000 crore.

Economy
May 20, 2022, 12:08 p.m.

Soon after the Reserve Bank of India rejected Yes Bank's plan to establish up an ARC as a subsidiary in March 2021, the bank requested bids for its troubled loans portfolio, which totaled 51,000 crore.

The broader index in India has opened with a gap-up gain of 223 points, according to SGX Nifty trends.

Economy
May 20, 2022, 12:02 p.m.

Before the market opens today, here are the top ten things you should know.

Should You Buy on Day 2 of the Paradeep Phosphates Initial Public Offering?

Economy
May 19, 2022, 12:12 p.m.

Paradeep Phosphates, India's second-largest private-sector maker of non-urea fertilisers and di-ammonium phosphates (DAP), is currently accepting subscriptions for its initial public offering. Should you subscribe on the second day?