Public sector bank stocks, led by Corporation Bank and Punjab National Bank, tumbled up to 9.3 per cent on Tuesday after the government announced the merger of 10 state-run lenders into four. Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40, Canara Bank dropped 7.54 per cent to ...

Kerala-based Muthoot Finance Company, facing a protest by a section of employees demanding revised salary structure and other benefits, on Tuesday threatened to close some of its branches in the state. The management of the nationwide network of non-banking financial services company alleged that some vested interests had launched the strike and the frequent strikes affected the operations of some ...

On Monday, eight passengers died of drowning following a fire in the scuba diving boat ‘Conception’ off the California coast of the US, while 26 people are missing and are feared dead. Before sunrise, fire brigade personnel on board the helicopter, Coast Guard boats tried to rescue people aboard the 23-meter-long ferry but the fire was so severe that rescue ...

The CBI will file an FIR against the then Chief Minister of Uttarakhand Harish Rawat in the case of bribing MLA’s. The CBI gave this information before a single bench of High Court Justice RC Khulbe during the hearing of the case. The next hearing will now be on 20 September. According to the case, in 2016, a private channel ...