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RBI official asks rating agency to be more transparent
RBI official asks rating agency to be more transparent Rating agencies need to be more transparent in disclosures on stressed companies and assets so that both the lenders as well as asset reconstruction companies can arrive at the right valuation, a senior Reserve Bank official said today.
01, Jul 2016 18:38:05
Honda Cars sales plunge 37.93% to 11,407 units in June
Honda Cars sales plunge 37.93% to 11,407 units in June Honda Cars India Ltd (HCIL) today reported a 37.93 per cent decline in its domestic sales at 11,407 units in June.
01, Jul 2016 18:38:04
Passengers should be able to buy tickets within 5 minutes:
Passengers should be able to buy tickets within 5 minutes: Railways is focusing on improving infrastructure and augment services at stations to bring down the maximum time taken for buying a ticket at counters to five minutes.
01, Jul 2016 18:38:03
RIL, SBI sign shareholder agreement for payments bank JV
RIL, SBI sign shareholder agreement for payments bank JV The primary aim of the payments bank will to digitise payments and promote savings, where RIL will hold 70 percent of the total equity and SBI will have the remaining 30 percent.
01, Jul 2016 18:27:39
ICICI proposes SDR for JP Asso, hurdle for JP-UltraTech deal
ICICI proposes SDR for JP Asso, hurdle for JP-UltraTech deal If the company goes under SDR, it could put a cloud on the future of the UltraTech deal -- where the lenders would want to sell assets following a fresh round of competitive bidding.
01, Jul 2016 18:27:02
Foreign exchange reserves slide USD 3 bn amid Brexit turmoil
Foreign exchange reserves slide USD 3 bn amid Brexit turmoil The forex kitty, used to fight volatility in the currency market, had touched a life-time high of USD 363.826 billion at the end of the previous reporting week.
01, Jul 2016 18:22:02
Tanishq sales rise in Q1 on wedding season demand: Titan
Tanishq sales rise in Q1 on wedding season demand: Titan May started off well with Akshaya Tritiya weekend bringing in some sales growth for Tanishq, Titan said in its quarterly update to exchange BSE.
01, Jul 2016 18:20:16
EasyJet demands EU flights certificate after Brexit
EasyJet demands EU flights certificate after Brexit The carrier said in a statement that it has begun a formal procedure to obtain an air operator certificate (AOC) to keep the status quo after Britain's vote to quit the EU cast doubts over airline routes.
01, Jul 2016 18:20:15
India abstains as UN creates post on sexual orientation
India abstains as UN creates post on sexual orientation In a 23-18 vote with six abstentions, the 47-member Human Rights Council yesterday called for the creation of a three-year position for an independent expert to look into wrongdoing against gays, lesbians and transgender people.
01, Jul 2016 18:20:14
Govt checking if any blackmoney returned to India:Revenue Secy
Govt checking if any blackmoney returned to India:Revenue Secy Noting the fall in money by Indians in Swiss banks as a positive, Hasmukh said the data indicates that government's steps to recover blackmoney are in the right direction.
01, Jul 2016 18:20:03
Infra projects that will transform Mumbai’s skyline
Infra projects that will transform Mumbai’s skyline Mumbai and its surrounding areas offer a healthy mix of real estate options, which has been possible, largely due to the region’s infrastructure and connectivity. “If connectivity is improved, then it will be easy #82
01, Jul 2016 18:07:55
How to improve your credit score before applying for a home loan
How to improve your credit score before applying for a home loan It is advisable for home loan seekers to obtain a credit report, before applying for a large loan, such as a home loan. This report, which provides a person’s credit score, can be obtained #82
01, Jul 2016 18:07:25
Agricultural scientists urged to utilise govt schemes
Agricultural scientists urged to utilise govt schemes : Agriculture scientists and researchers must utilise various schemes initiated by the AIADMK government to take the state to greater heights in the agriculture sector, Agriculture Minister R Duraikannu said today.
01, Jul 2016 18:02:30
India to levy tax on investments from Cyprus from Apr'17
India to levy tax on investments from Cyprus from Apr'17 India and Cyprus have agreed to revise their tax treaty under which capital gains tax will be levied on sale of shares on investments made after April 1, 2017, thus bringing the island nation at par with Mauritius in terms of tax treatment on investments.
01, Jul 2016 18:02:29
Equitas gets final RBI nod to start small finance bank
Equitas gets final RBI nod to start small finance bank Equitas Holdings Ltd today said it has received final licence from Reserve Bank to launch a Small Finance Bank (SFB) and will commence operations in few months with a network of around 400 branches.
01, Jul 2016 18:02:28