Mahindra Finance to soon set up Asset Management
Mahindra Finance will soon set up an asset management company as it prepares to tap the rural rich, this particularly
IDBI Bank gets govt nod to raise Rs
Government has given its go-ahead to IDBI Bank to raise Rs 3,771 crore during the year, by way of Qualified
Insurance FDI cap hike sees inflow in JVs;
NEW DELHI: The long pending demand of insurance players for raising the FDI cap to 49 per cent was fulfilled
Gold rises 0.27% in futures trade on global
NEW DELHI: Gold prices rose 0.27 per cent to Rs 25,199 per 10 gram in futures trade after speculators created
India likely to grow at 7-7.5% in 2016,
Hyderabad: The Indian economy is expected to grow at 7 to 7.5 percent in 2016, World Bank chief economist Kaushik
Indian rupee ends marginally up by 1 paise
The rupee recovered from initial losses and finished marginally up by one paise at 66.39 per dollar on fag-end selling
HDFC Bank cuts base rate to 9.3%, levels
HDFC Bank, the country’s second-largest private sector lender, has reduced its base rate by 5 basis points to 9.3 per
Government sets up Rs 40,000 crore National Investment
NEW DELHI: International pension funds and sovereign wealth funds from countries such as Russia, Singapore and the UAE have evinced
BNP to swap joint venture stake for 5%
Aleasing unit of BNP Paribas SA will pick up a 5% stake in Srei Infrastructure Finance Ltd in lieu of
IDBI Bank gets Rs 2,229 crore capital infusion
NEW DELHI: Public sector lender IDBI Bank today said the government has infused Rs 2,229 crore into the bank in