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Latest News:

mcap

Top four companies lose Rs 26,738 cr in m-cap

NEW DELHI:  The combined market valuation of four of the top-10 most valued Indian companies declined by Rs. 26,738.39 crore last week, led by IT major TCS.

TCS, RIL, Infosys and HUL suffered losses in their market capitalisation (m-cap) for the w... Read More

JSW Steel

JSW Infrastructure plans to enter capital market by 2020

Mumbai: JSW Infrastructure Ltd is planning to enter the capital market with an IPO for funding its ports business by 2020, said Sajjan Jindal, Chairman, JSW Group.

He said that JSW Infra is fully owned by JSW Group... Read More

Suresh Prabhu

Railways aim to save Rs. 41,000 cr on energy costs: Suresh Prabhu

Hyderabad: Railway Minister Suresh Prabhu today said his ministry has drawn up a mission to save Rs. 41,000 crore on electricity energy bills over the next ten years by betting big on solar energy, even as it expects to mop-up Rs... Read More

CBEC

CBEC to be renamed, reorganised for GST regime

New Delhi: The Central Board of Excise and Customs (CBEC) will be reorganised for the implementation of the Goods and Services Tax (GST) regime and will be renamed the Central Board of Indirect Taxes and Customs (CBIC) following Parliamentary approva... Read More

RBI , govt, RBI Governor

Agency Banks, RBI offices to remain open till April 1

Mumbai: The Reserve Bank of India (RBI) has asked all agency banks -- all public sector banks and some private banks -- to remain open on all days between March 25 and April 1.

"To facilitate government receipt and payment functions, all agency banks... Read More

A staff member works inside a commercial branch of the UCO Bank in Mumbai

UCO Bank to receive capital infusion of Rs 1150 crore from GoI

Mumbai: UCO Bank has received a communication from Ministry of Finance, Government of India vide its letter dated 16 March 2017 informing inter alia capital allocation of Rs.1150 crore in the Bank as a part of turnaround linked capital infusion plan.

Banglore airport

GVK sells 33% stake in Bangalore airport to Fairfax

Bengaluru: Infrastructure major GVK Ltd on Friday announced selling 33 per cent of its 43 per cent equity stake in the Bangalore International Airport Ltd (BIAL) to Canadian investment firm Fairfax for Rs. 2,202 crore ($336 million).

"As our focus is... Read More

Term Insurance

Term insurance – A necessity for women!

The number of women in the Indian workforce is significant. The working woman today is not only financially independent but also an equal contributor towards the family’s finances.

Financial protection is a must for every working individual with re... Read More

kawasaki_1423344f[1]

Bajaj, Kawasaki end alliance in India

New Delhi: Bajaj Auto today said it has agreed with Japan's Kawasaki to end their decade-old alliance for sales and services in India from next month.

The Pune based company is focusing on its partnership with Austrian firm KTM, under which it has be... Read More

State Bank of India, Lending rate

SBI Life Plans IPO; SBI to dilute 10% stake in Insurer

New Delhi: State Bank of India (SBI) today said it plans to dilute 10 per cent of its stake in the life insurance venture SBI Life through public offer.

The Executive Committee of Central Board in its meeting held today accorded in-principle approval... Read More

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