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Latest News:

ICICI Bank, Financial results

ICICI Bank launches new ‘Money2India’ website and mobile application

Mumbai: ICICI Bank Ltd, India’s largest private sector bank by consolidated assets, announced the launch of a new website and mobile application for Money2India (M2I), the bank’s flagship online money transfer service for NRIs... Read More

Larsen and Toubro, Financial Results

L&T Q4 profit jumps 28%; announces 1:2 bonus

New Delhi: Larsen and Toubro's fourth quarter consolidated profit beat analysts' expectations on Monday, which increased sharply by 28.1 percent year-on-year to Rs 3,180.41 crore despite weak operational performance... Read More


IT minister says plan to link Aadhaar card to driving licences

New Delhi: The government plans to link driving licences to the Aadhaar card to prevent multiple licences being made by the same person, Information Technology Minister Ravi Shankar Prasad today said.

The move aims to prevent drivers, who while being... Read More

Sundaram Mutual Fund

NFO Watch: Sundaram MF seeks SEBI nod for close-ended equity fund

Mumbai: Sundaram Mutual Fund has sought the Securities and Exchange Board of India's approval for Sundaram Turnaround Fund, - Series I-II, according to a draft offer document on the regulator's website.

The close-ended equity scheme will invest at le... Read More


Fitch lowers rating on IDBI Bank; outlook stable

Mumbai: Fitch Ratings on Monday lowered IDBI Bank's long-term issuer default rating (IDR) to 'BB+' from 'BBB-' but kept the state-run lender's outlook stable. The viability rating of the lender was also cut to 'ccc[' from 'bb-'... Read More

Ford India, sales

Ford offers discounts up to Rs 30 K on EcoSport, Figo, Aspire

New Delhi: Auto maker Ford India is offering discounts of up to Rs 30,000 on its compact SUV EcoSport, sedan Aspire and hatchback Figo to pass on benefits of new tax rates under GST, to be rolled out in July... Read More

Fund raising, Preferential shares

Cess to yield Rs 55,000 cr in first 9 months of GST rollout

New Delhi: The Centre expects to mop up as much as Rs... Read More

Solar Sector, Investment, Corporate Funding

Solar panel equipment to attract 5% GST: Adhia

New Delhi: Solar panel equipment will attract the lowest tax rate of 5 per cent under the GST regime, as against the initially proposed 18 per cent, Revenue Secretary Hasmukh Adhia said.

Responding to industry queries on twitter, Adhia said, “All sol... Read More

air india

Arun Jaitley hints at privatisation of Air India

New Delhi: Finance Minister Arun Jaitley has favoured disinvestment of the loss-making Air India, saying the airlines market share is just around 14 percent whereas the debt burden is Rs 50,000 crore... Read More


Wockhardt gets GMP compliance certificate for Aurangabad plant

New Delhi: The Health Products Regulatory Authority of Ireland has granted certificate of good manufacturing practices (GMP) compliance to Wockhardt's Aurangabad facility after an inspection.

“The Health Products Regulatory Authority of Ireland (HPRA... Read More