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Top News In Indostar Home Finance Today - Breaking & Trending Today

Vasai-Virar housing scam: RERA, VVMC refuse to cooperate with house-of-cards probe

Police visit municipal office, located opposite the Virar police station, two to three times a day but say they are stonewalled every time ....

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Indostar Capital Finance: IndoStar Capital sells two builder loans to Phoenix ARC, ET RealEstate

Indostar Capital Finance: Non-banking finance companies (NBFCs) categorise loans as stage 2 if the overdue period is between 30 and 60 days. Classification of borrower accounts occurs during the day-end process for the specified date. ....

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IndoStar Capital sells two builder loans to Phoenix ARC

The recovery rate is considered good given that these loans were overdue by around 60 days. "The recovery was good as the loan accounts were tagged in stage 2 and chances of recovery are strong," said a source. Non-banking finance companies (NBFCs) categorise loans as stage 2 if the overdue period is between 30 and 60 days. Classification of borrower accounts occurs during the day-end process for the specified date. ....

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Auditor sounds alarm over Indostar liabilities

The NBFC said its auditor Deloitte Haskins and Sells LLP observed that its total liabilities had exceeded total assets maturing within 12 months by ₹2,206 crore, and for certain borrowing, the gross NPA and net NPA have exceeded thresholds. ....

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India Pesticides share price: Stocks in the news: India Pesticides, Info Edge, Vodafone, HDFC and Cadila

Dr Reddy s Laboratories: The drug major expects its business growth to be volatile in the current fiscal as the coronavirus pandemic continues to bring in disruptions and impact the markets across the globe.
Info Edge (India): The market watchdog has approved to launch its Rs 7,500 crore initial public offering. According to the Economic Times reports that Zomato could launch its much-awaited IPO later in July.
ONGC: The state-owned firm said it will procure equipment and services worth over Rs 30,000 crore to support its oil and gas exploration and production operations, which will provide local entities business and support Aatmanirbhar Bharat initiative. ....

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