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There's scope for further cuts in lending rates: HDFC Bank
There's scope for further cuts in lending rates: HDFC Bank "There has been a slight pick-up (in deposit growth) and more importantly deposit growth is outpacing loan growth," HDFC Bank Deputy Managing Director Paresh Sukthankar told reporters.
30, Jul 2015 19:18:43
Fund raising via retail NCDs slumps 85% to Rs 600 crore
Fund raising via retail NCDs slumps 85% to Rs 600 crore Fund raising by Indian companies through retail issuance of non-convertible debentures (NCDs) plunged by 85 percent to around Rs 600 crore in the first four months of the current fiscal, from the year-ago level.
30, Jul 2015 19:07:26
Peripheral business districts get attractive across cities
Anuj Puri While the trend has been especially pronounced in case of Gurgaon, Mumbai’s peripheral business districts remain an exception to this trend so far
30, Jul 2015 18:54:44
Indoco Remedies to invest Rs 125 crore for biz expansion
Indoco Remedies to invest Rs 125 crore for biz expansion Indoco Remedies Ltd on Thursday said it is looking at an investment of Rs 125 crore for expansion of its sterile ophthalmic facility at Goa and for setting up a greenfield API facility at Patalganga in Maharashtra.
30, Jul 2015 18:49:47
LIC trims stake in Maruti Suzuki India to 6.22%
LIC trims stake in Maruti Suzuki India to 6.22% State-owned insurer LIC has sold over 2 percent stake in Maruti Suzuki India reducing its holding to 6.22 percent in the the country's largest car maker.
30, Jul 2015 18:34:44
Investors reposed faith in our growth prospects: Syngene
Investors reposed faith in our growth prospects: Syngene Readying to list its shares after a bumper 32-times over-subscribed IPO, biotechnology major Biocon's research arm Syngene today said the investors have reposed faith in its future growth prospects.
30, Jul 2015 18:34:05
Moody's expects RBI to cut rate to boost growth
Moody's expects RBI to cut rate to boost growth With less than a week left for the RBI's next monetary policy, Moody's on Thursday said there is room for rate cut and expressed hope that the central bank would reduce it by 0.25 percent to push growth.
30, Jul 2015 18:33:10
Triumph Motorcycles launches Tiger 800 XR at Rs 10.5 lakh
Triumph Motorcycles launches Tiger 800 XR at Rs 10.5 lakh UK-based Triumph Motorcycles on Thursday launched Tiger 800 XR bike in India priced at Rs 10.5 lakh (ex-showroom Delhi).
30, Jul 2015 18:31:26
Mangalam Seeds IPO scan by VS Fernando
VS Fernando Mangalam Seeds: Notwithstanding profitable track record since inception, steep pricing, uncertain tax liability, corporate governance issues mar near-term prospects, says VS Fernando.
30, Jul 2015 18:10:48
LT Q1 profit seen up 4.5%, power biz may see improvement
LT Q1 profit seen up 4.5%, power biz may see improvement Analysts see steady growth in services business and higher growth in developmental business. Power segment is expected to register some revival in earnings on the back of order inflows in FY15.
30, Jul 2015 18:03:58
Even hallmarked gold jewellery in India vary in purity: WGC
Even hallmarked gold jewellery in India vary in purity: WGC It may come as a shock to some, but even gold jewellery that has Hallmark certification vary in purity, the World Gold Council (WGC) on Thursday said while calling for urgent steps to improve quality standards in the world's largest gold consuming nation.
30, Jul 2015 18:03:00
Nod for additional Rs 12000cr package for PSBs likely soon
Sapna Das CNBC-TV18 learns the Finance Ministry will seek the parliament's nod tomorrow in the monsoon session to provide first tranche as additional recapitalisation of PSU Bank recap funds.
30, Jul 2015 17:58:39
Don't chase today's PSU bank bounceback: Analysts
Mehraboon Irani Top PSU banks were up close to 10 percent today. But analysts have dismissed it as a one-off move.
30, Jul 2015 17:52:58
'GM to shut its Guj project, invest Rs 6,400 crore in Pune'
'GM to shut its Guj project, invest Rs 6,400 crore in Pune' The Maharashtra government on Thursday said that automobile giant General Motors has decided to invest Rs 6,400 crore for the expansion of its existing plant in Pune and close down its project in the neighbouring Gujarat state.
30, Jul 2015 17:45:02
Gold Bond scheme may have annual cap of 500 gm/person
Gold Bond scheme may have annual cap of 500 gm/person Only Indian residents will be allowed to subscribe to the proposed Sovereign Gold Bond scheme which is likely to have an annual cap of 500 grams per person, the Finance Ministry has said.
30, Jul 2015 17:45:02