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SAO PAULO (Reuters) - Chile's Itau Corpbanca ITAUCORP.SN is unlikely to post a profit or pay dividends in 2020 after taking a $930 million impairment charge, its chief executive, Gabriel Moura, said on Friday.The bank disclosed the charge on Thursday, saying it reflected the new fair value of cash generation for units in Chile and…
NEW YORK (AP) — A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to collectively lose roughly $700 billion, the Federal Reserve said Thursday.To bolster the banks ahead of such a potentially damaging recession, the Fed ordered them to suspend buybacks of their own stock…
Kapoor gave the example of gas meters and said there was currently not enough capacity in the country to manufacture them
Book review of Reliving the Memories of an Indian Forester: Memoir of S Shyam Sunder
Defence Minister Rajnath Singh on Monday spoke to Goa Chief Minister Pramod Sawant and enquired about the condition of Union minister Shripad Naik who was injured in a road accident earlier in the day
The developments come at a time when the deadline for payment of the first installment of AGR dues is nearing - March 31, 2021.
The Union government, through Delhi police Joint Commissioner filed an application late Monday evening in this regard.
