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Yes Bank entering asset management business

General

15 January, 2015

Yes Bank entering asset management business

India’s fifth-largest private sector lender Yes Bank Ltd is planning to set up an asset management company (AMC), primarily to ......

RBI surprises with 25 bps cut in interest rate

General

15 January, 2015

RBI surprises with 25 bps cut in interest rate

Raghuram Rajan-led RBI, which had been cautious in loosening its monetary policy stance, took a surprise decision cutting repo rate ......

Wholesale inflation inches up, but hovers around 0%

General

14 January, 2015

Wholesale inflation inches up, but hovers around 0%

The wholesale price index rose marginally to 0.11 per cent for December 2014 over the same month the previous year. ......

Persistent Systems appoints Siddhartha Chatterjee as CTO

TMT

14 January, 2015

Persistent Systems appoints Siddhartha Chatterjee as CTO

Pune-based Persistent Systems Ltd, a software product and technology services provider, has appointed Siddhartha Chatterjee as its chief technology officer ......

Network18 appoints former Radio Mirchi head A P Parigi as group CEO

TMT

14 January, 2015

Network18 appoints former Radio Mirchi head A P Parigi as group CEO

Network18 Media & Investments Ltd, now controlled by Mukesh Ambani-led Reliance Industries, has appointed A P Parigi as its new ......

Ronnie Screwvala floats online education venture, to initially invest around $16M

TMT

14 January, 2015

Ronnie Screwvala floats online education venture, to initially invest around $16M

Media industry veteran Ronnie Screwvala, who has turned into an entrepreneur cum private investor after selling UTV to Disney, is ......

Premium
Narayana Health's Viren Shetty on expansion road-map, acquisition strategy & more

Healthcare

15 January, 2015

Narayana Health's Viren Shetty on expansion road-map, acquisition strategy & more

Narayana Hrudayalaya Pvt Ltd, which operates a chain of multi-specialty and super-specialty hospitals in the country under the brand name ......

India to clock 7% rise in GDP in 2017 overtaking China in growth rate: World Bank

General

14 January, 2015

India to clock 7% rise in GDP in 2017 overtaking China in growth rate: World Bank

The World Bank lowered its global economic growth forecast for 2015 and next year due to disappointing prospects in several ......

Premium
Lilliput Kidswear under liquidation; promoter says has a stay order

Consumer

13 January, 2015

Lilliput Kidswear under liquidation; promoter says has a stay order

Kids' apparel retailer Lilliput Kidswear Ltd, the Delhi-based firm which had locked horns with its PE investors Bain Capital and ......

SEBI may relax norms for local mutual fund AMCs to manage offshore funds

General

12 January, 2015

SEBI may relax norms for local mutual fund AMCs to manage offshore funds

Capital market regulator Securities & Exchange Board of India (SEBI) has proposed to relax existing norms to address the challenges ......

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