Business & Finance News

Have set Rs 10,000 cr as upper limit for investment in YES Bank: SBI chief


State Bank of India (SBI) chairman Rajnish Kumar on Saturday said, the bank had received the draft scheme for the reconstruction of troubled private lender YES Bank and a legal team was evaluating the plan and doing its due diligence on it. He also said that the SBI has set an upper limit of Rs 10,000 crore for investment in YES Bank.

Kumar said that an investment team is analysing the balance sheet of the troubled private lender and SBI would go to the Reserve Bank of India (RBI) by March 9.




“Plan has been received

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8 Tech Trends of 2020 That Every Digital Leader Should Embrace

More than seven years ago, Mark Andreessen, a popular American entrepreneur, trader, and software program engineer proclaimed that: “We are in the middle of a spectacular and broad technological and economic change in which software program corporations are poised to take around large swathes of the financial system.” Even though this prediction turned out to be a single of the most correct kinds for the very last 10 years, the present condition of small business technology is influencing this vision dramatically.

In 2020, digital leaders will have to have to change their tactics to provide promptly shifting buyer preferences and

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Tata Coffee launches e-commerce platform

Tata Espresso Limited, a subsidiary business of Tata Shopper Goods Ltd, introduced on Wednesday the launch of its e-commerce system, “www.coffeesonnets.com”.

The web-site debuts with three variants of luxury single origin specialty espresso named ‘The Sonnets-The voice of our estates.’

“Through this on line system, Tata Espresso aims to make its greatest estate coffees available to shoppers throughout India,” it explained in a statement.

“These single estate coffees are processed uniquely with great treatment, going through intense sensorial evaluations by pro tasters. Only the greatest and the rarest coffees are meticulously chosen to be used in The Sonnets assortment of

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Will online MBAs boost diversity in business schools?

Lizette Melendez grew up in El Paso, a person of the poorest towns in Texas, and was the to start with in her household to go to university. Now the American, who is Latina, is finding out for an MBA at a major US business enterprise university.

She is not carrying out so in the standard way. Ms Melendez is component of the to start with cohort in the [email protected], launched by Houston’s Jones Graduate College of Business at Rice College in 2018 on the 2U on the internet studying platform.

Most of the study course is shipped digitally. Adaptability

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