Search Results for: banking sector

RBI announces members of oversight panel to tackle bad loans

The panel will oversee restructuring of troubled loans, as it strives to cut more than $150 billion of bad debt accumulated by banks.

Jun 22, 2017

india, india forex reserves, rbi, foreign exchange reserves, fii, fpi, fdi, modi govt, arun jaitley, india trade

Infosys, HDFC, HDFC Bank, ICICI Bank, TCS, Axis Bank are favourites among foreign investors

While foreign portfolio investors (FPIs) increased their stake in Infosys, HDFC Bank and Axis Bank between 2007 and 2017, they pared their holdings in ICICI Bank.

Jun 22, 2017

infosys, infosys share buyback, infosys share price, infosys management tussle, infosys mohandas pai, infosys vishal sikka, sikka salary

Infosys Finacle wins four international banking excellence awards

The awards were instituted by The Asian Banker.

Jun 22, 2017

nasscom summit, nasscom fy2018 projection, nasscom india leadership forum, indian it companies, h1 b visa rules, infosys, tcs, wipro

India's IT exports to grow at lower clip in FY18, shows Nasscom forecast

Nasscom president R. Chandrasekhar says Indian IT exports will grow by 7-8 percent, while domestic business will expand by 10-11 percent, creating 1.5 lakh new jobs.

Jun 22, 2017

Reliance Jio freebies proved costly for Indian telecom industry, revenues dropped by 11.7% in Q4

The growth of Reliance Jio's subscribers and the free offers the carrier offered also led to 8.5 percent quarterly decline in industry revenues.

Jun 21, 2017

air india, cbi registers case against ai ia merger, cbi to probe purchase of 111 aircraft, upa scams, modi govt, fm arun jaitley, merger of air india and indian airlines

Air India may be sold to Tata Group, Singapore Airlines: Report

Amid reports of the Modi government keen to privatise national carrier Air India, there is a buzz that it could be bought by Tata Group and Singapore Airlines.

Jun 21, 2017

Saudi Deputy Crown Prince Mohammad bin Salman

Mohammad bin Salman: Exuberant crown prince aims to assert Saudi nationalism aggressively

Salman, 31, has fast risen through the ranks of Saudi politics. He is hell-bent to make Saudi nationalism assertive and make a difference with the old guard. Will his way ultimately prevail?

Jun 21, 2017

Saudi Arabia shatters tradition; replaces crown prince with king's son Mohammad bin Salman

Thirty-one-year-old Bin Salman is a popular face in Saudi politics, serving as the country's defence minister and the deputy crown prince

Jun 21, 2017

layoffs, layoffs at it companies, it hiring, it recruitment, layoffs at wipro, layoffs at infosys, layoffs at capgemini, layoffs at cognizant, it stocks, tcs share price, h-1 b visa controversy

Karnataka sees slowdown in IT hiring amid reports of layoffs

Priyank Kharge, Karnataka's IT minister, said that hiring by IT companies stood at 52,500 in 2016-17, down from 61,500 two years ago.

Jun 20, 2017

UK Chancellor Philip Hammond mocks predecessor George Osborne

Speaking in London on 20 June, Hammond said, Business has created 3.4 million private sector jobs and that is even if we count George Osborne just once. Osborne, the former UK chancellor and MP for Tatton, came in for criticism earlier in 2017 for holding multiple jobs while serving as a member of parliament. He has since stood down from the House of Commons.

Jun 20, 2017

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SBI tops debit card transactions in April

The country's biggest lender reported debit card transactions worth Rs 11,720.73 crore in April,

Jun 19, 2017

TTD gets the nod: Tirupati laddu and human hair exempted from GST

Tirumala Tirupati Devasthanams expect an earning of Rs 220 crore from sale of tresses this fiscal, marking a growth of Rs 20 crore from the previous financial year.

Jun 19, 2017

IAF does not have enough fighter jets, says Air Chief Marshal BS Dhanoa [VIDEO]

Air Chief Marshal BS Dhanoa has said there are not enough fighter squadrons in the Indian Air Force (IAF) which could be a challenge when it comes to "dominat[ing] a two-front conflict". He said the lack of fighter jets in the IAF "is akin to a cricket team playing with seven players instead of 11."

Jun 19, 2017

Safe assets: Digging new foundations in the small towns

Retail and warehousing are being driven by availability of large tracts of land on highways outside the metros, the steadily improving infrastructure and possibility of higher yields.

Jun 19, 2017

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

List of India's top 12 defaulters who owe a mind-boggling amount to banks

The RBI's list of top 12 defaulters comprise Lanco Infratech, Bhushan Steel, Alok Industries, Monnet Ispat, Essar Steel, Era Infra, ABG Shipyard, Jaypee Infratech, Amtek Auto, Electrosteel and Jyoti Structures.

Jun 19, 2017

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Search Results for: banking sector

RBI announces members of oversight panel to tackle bad loans

Infosys, HDFC, HDFC Bank, ICICI Bank, TCS, Axis Bank are favourites among foreign investors

Infosys Finacle wins four international banking excellence awards

India's IT exports to grow at lower clip in FY18, shows Nasscom forecast

Reliance Jio freebies proved costly for Indian telecom industry, revenues dropped by 11.7% in Q4

Air India may be sold to Tata Group, Singapore Airlines: Report

Mohammad bin Salman: Exuberant crown prince aims to assert Saudi nationalism aggressively

Saudi Arabia shatters tradition; replaces crown prince with king's son Mohammad bin Salman

Karnataka sees slowdown in IT hiring amid reports of layoffs

UK Chancellor Philip Hammond mocks predecessor George Osborne

SBI tops debit card transactions in April

TTD gets the nod: Tirupati laddu and human hair exempted from GST

IAF does not have enough fighter jets, says Air Chief Marshal BS Dhanoa [VIDEO]

Safe assets: Digging new foundations in the small towns

List of India's top 12 defaulters who owe a mind-boggling amount to banks

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]