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Six qualify in initial bids to manage EPFO funds; Axis AMC out

General

09 January, 2015

Six qualify in initial bids to manage EPFO funds; Axis AMC out

Six fund managers, including HSBC AMC, ICICI Prudential, Reliance Capital AMC and UTI AMC, have qualified in initial bids for ......

Car & truck sales up, motorcycles demand continues to slide in December: SIAM

Consumer

09 January, 2015

Car & truck sales up, motorcycles demand continues to slide in December: SIAM

Domestic passenger car sales rose 15.26 per cent to 1,52,743 units in December 2014 as compared to 1,32,524 units in ......

With one day to go edible oil firm NCML's IPO just halfway through

Consumer

08 January, 2015

With one day to go edible oil firm NCML's IPO just halfway through

The initial public offer (IPO) of edible oil firm NCML Industries has been subscribed 0.45 times on the second last ......

RBI issues framework for leverage ratio for banks

General

08 January, 2015

RBI issues framework for leverage ratio for banks

The Reserve Bank today issued a framework for leverage ratio in line with Basel III norms to enable banks to ......

SBI in talks to buy UTI Mutual Fund; may create largest Indian mutual fund house

General

07 January, 2015

SBI in talks to buy UTI Mutual Fund; may create largest Indian mutual fund house

PSU behemoth SBI's mutual fund arm has evinced interest in acquiring the country's oldest fund house UTI MF -- a ......

Pantaloons Fashion to raise around $160M through NCDs

Consumer

07 January, 2015

Pantaloons Fashion to raise around $160M through NCDs

Pantaloons Fashion & Retail today said it will raise Rs 1,000 crore through issue of non-convertible debentures on a private ......

Govt pushes ordinance to ease citizenship norms for PIOs, other overseas Indians

Others

07 January, 2015

Govt pushes ordinance to ease citizenship norms for PIOs, other overseas Indians

Ahead of the three-day meet of Indian diaspora in Gujarat, government on Tuesday promulgated an ordinance that seeks to merge ......

Address regulatory, tax challenges for startups & SMEs: Nasscom

TMT

07 January, 2015

Address regulatory, tax challenges for startups & SMEs: Nasscom

 IT industry body Nasscom today said the government needs to address regulatory and tax challenges for technology start-ups and SMEs, ......

Bloodbath on Dalal Street; Sensex tanks 855 pts

General

06 January, 2015

Bloodbath on Dalal Street; Sensex tanks 855 pts

The benchmark Sensex today plummeted by 855 points in its worst crash in five and a half years as stock ......

Den Networks appoints Pradeep Parameswaran as CEO

TMT

06 January, 2015

Den Networks appoints Pradeep Parameswaran as CEO

Cable television services firm Den Networks Ltd today appointed Pradeep Parameswaran as its new Chief Executive Officer. Parameswaran was earlier a ......