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  • p notes investment hits 3 month high in february

    P-notes investment hits 3-month high in February

    March 24, 2014 15:58 IST

    New Delhi: Investments into Indian shares through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, surged to the highest level in three months at around Rs 1.73 lakh crore (about

  • fiis invest nearly rs 9 600 crore in indian equities in

    FIIs invest nearly Rs 9,600 crore in Indian equities in March

    March 23, 2014 21:21 IST

    New Delhi: Foreign investors have poured in a whopping Rs 9,600 crore in the stock market so far this month, mainly on the hopes of a stable government in general elections starting next month. Foreign

  • sbi to sell rs.3 000 cr bad loans this fiscal

    SBI to sell Rs.3,000 cr bad loans this fiscal

    March 23, 2014 20:56 IST

    New Delhi: State Bank of India (SBI) will sell bad loans amounting to Rs.3,000 crore in the last quarter of the ongoing fiscal, chairman Arundhati Bhattacharya said here on Saturday.“We will sell bad loans of

  • roads sector to get a leg up as infra debt funds gain

    Roads sector to get a leg-up as infra debt funds gain traction

    March 23, 2014 20:41 IST

    New Delhi: Even as the economic slowdown continues to impact otherwise resilient operational road projects, infrastructure debt funds are gathering momentum given the potential of investment in the sector, experts say."There is a huge potential

  • sbi to sell bad loans of rs 3000 crore this fiscal

    SBI to sell bad loans of Rs 3000 crore this fiscal

    March 22, 2014 17:25 IST

    Jamshedpur: Country's largest lender the State Bank of India (SBI) will sell bad loans amounting to Rs 3,000 crore in the last quarter of the ongoing fiscal, the top official of the bank said here

  • rbi governor k c chakrabarty resigns

    RBI Governor K C Chakrabarty resigns

    March 20, 2014 21:49 IST

    New Delhi: In a surprise move, Reserve Bank Deputy Governor K C Chakrabarty has resigned three months before his term was to end.Chakrabarty has "requested to be relieved earlier than the scheduled (term ending June

  • 2g case ed issues fresh summons to karunanidhi s wife

    2G case: ED issues fresh summons to Karunanidhi's wife Dayalu Ammal

    March 20, 2014 20:29 IST

    New Delhi: The Enforcement Directorate (ED) has issued fresh summons to DMK chief K Karunanidhi's wife Dayalu Ammal in connection with its money laundering probe in the 2G spectrum allocation case.Ammal, 84, has been given

  • rbi yet to hear from ec on bank licences chakrabarty

    RBI yet to hear from EC on bank licences: Chakrabarty

    March 20, 2014 17:35 IST

    New Delhi: Midst reports in a section of media that the Election Commission may put a spanner on the Reserve Bank plan to issue the first few new bank licences by the month-end, senior-most deputy

  • electronic visa facility in final stage of development

    Electronic visa facility in final stage of development: Tourism ministry

    March 20, 2014 20:16 IST

    New Delhi: The electronic visa facility or e-visa initiative is in its final stage of development and is expected to be introduced this year, a tourism ministry official said Wednesday.Speaking at the "Think Tourism-Think India:

  • sebi orders ftil to sell shares in mcx sx and other bourses

    Sebi orders FTIL to sell shares in MCX-SX and other bourses

    March 20, 2014 16:33 IST

    New Delhi: The Securities and Exchange Board of India (Sebi) on Wednesday directed Jignesh Shah-led Financial Technologies India Ltd (FTIL), to sell its shares in MCX-SX and other exchanges within 90 days on the ground

  • banks to remain open on march 29 31 for tax collection

    Banks to remain open on March 29-31 for tax collection

    March 19, 2014 23:20 IST

    New Delhi: Bank branches will remain open for full day on March 29, 30 and 31 to facilitate tax collection.While March 29 is a Saturday, March 30 is Sunday and March 31 is the last

  • cbi working with crazy logic ignoring facts bhave

    CBI working with 'crazy logic', ignoring facts: Bhave

    March 19, 2014 23:13 IST

    Mumbai: Hitting back at CBI for launching an enquiry against him on the basis of an already disposed of I-T probe, former SEBI chief C B Bhave says the agency was working with a “crazy

  • growing trade imbalance cause of concern montek to china

    Growing trade imbalance cause of concern: Montek to China

    March 18, 2014 19:52 IST

    Beijing: India today raised its concerns to China over "unsustainable" trade deficit of USD 35 billion per year as their top planners worked out strategies to join hands in upgrading Indian railway tracks to operate

  • cpse etf opens government to raise rs. 3 000 crore

    CPSE ETF opens; government to raise Rs. 3,000 crore

    March 18, 2014 18:49 IST

    New Delhi: Looking to raise Rs. 3,000 crore for the government, the exchange-traded fund (ETF) of select central public sector enterprises opened today for subscription by investors.The CPSE ETF is an open-ended scheme that consists

  • italian court bars india from encashing agustawestland bank

    Italian court bars India from encashing AgustaWestland bank guarantee

    March 18, 2014 17:26 IST

    New Delhi: In a setback to India, an Italian court has barred it from encashing bank guarantees worth over Rs 2,360 crore of AgustaWestland as part of the penalties imposed after scrapping the scam-tainted Rs

  • peak power deficit for february at 3.3 cea

    Peak power deficit for February at 3.3%: CEA

    March 17, 2014 16:36 IST

    New Delhi: Total power demand outpaced the supply by 4,424 MW or 3.3 percent of the demand, across the country in the month of February.Total peak power demand last month was 1,32,507 MW, of which

  • in a first sbi to sell around rs 5000 cr npas to arcs

    In a first, SBI to sell around Rs 5000-cr NPAs to ARCs shortly

    March 17, 2014 16:24 IST

    Mumbai: For the first time in its over two centuries of history, the nation's largest lender State Bank of India, which had reported 5.73 percent of its assets as bad loans in the December quarter,

  • slowdown delays impact developers interest in ppp models

    Slowdown, delays impact developers' interest in PPP models

    March 17, 2014 16:11 IST

    Mumbai: Liquidity constraints, approval delays and the lingering slowdown have forced developers not to take up large infrastructure and road projects on PPP basis, compelling government agencies to award projects as cash-contracts, say industry experts.The

  • fiis invest rs 5 000 cr in indian equities in two weeks

    FIIs invest Rs 5,000 cr in Indian equities in two weeks

    March 16, 2014 20:10 IST

    New Delhi: Foreign investors poured in over Rs 5,000 crore in the Indian stock market in a fortnight, mainly on hopes of a strong mandate for the Government to be elected in polls starting next

  • sebi penalises karvy stock broking in ipo irregularities

    SEBI penalises Karvy Stock Broking in IPO irregularities case

    March 16, 2014 19:39 IST

    Mumbai: In a major order with regard to the IPO scam of 2003-2005, SEBI has barred Karvy Stock Broking Ltd (KSBL) from taking up any new assignment or launching new schemes for six months in

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