England bank on home support, South Africa look to shed 'chokers' tag
Jun 19, 2013
Muslim vote bank: A concept created by politicians?
Jun 18, 2013
Why do our cities collapse every monsoon?
Jun 18, 2013
Yamuna breaches danger mark in Delhi
Jun 18, 2013
Bharti ties up with J&K Bank for Airtel money
Press Trust Of India | Wednesday June 19, 2013
Bharti Airtel has joined hands with Jammu & Kashmir Bank to offer Airtel money service through the bank's 800 centres across the state.
Sensex, Nifty drop sharply; TCS, Infosys fall
Wednesday June 19, 2013
The BSE Sensex dropped 100 points on Wednesday as traders awaited the U.S. Fed decision on the possible scaling back of the bank's $85 billion monthly bond-purchase programme.
IDFC tops Nifty on bank license plans, Religare gains
Wednesday June 19, 2013
Shares in IDFC and Religare Enterprises rose on Wednesday after both companies took steps to apply for banking licenses, continuing their quest to diversify their businesses.
Carl Icahn seeks to allay fears over lack of financing for Dell bid
Tuesday June 18, 2013
Billionaire investor Carl Icahn told Dell Inc shareholders that an investment bank would help fund his offer for the PC maker as he sought to assuage concerns over his means to fund the bid.
IDFC to seek licence from Reserve Bank for setting up bank
Tuesday June 18, 2013
Infrastructure financing company IDFC said on Tuesday that its board has approved a proposal to seek licence from the Reserve Bank of India (RBI) for setting up a bank.
Reserve Bank says need to up exports to deal with high current account deficit
Tuesday June 18, 2013
With efficacy of recent steps by New Delhi to curb gold import yet to be tested, the Reserve Bank of India (RBI) said on Tuesday that the country would have to increase exports to deal with its high current account deficit.
ATM with Rs 10-15 lakh cash stolen in Bangalore
Indo-Asian News Service | Wednesday June 19, 2013
In a daring heist, a gang of six unidentified men stole an entire ATM, containing Rs.10-15 lakh, from a branch of the state-owned State Bank of India (SBI) in the city's northeast suburbs on late Tuesday night, police said.
ICICI Bank raises $106 million through bond sale
Tuesday June 18, 2013
Top private lender ICICI Bank on Tuesday raised yuan 650 million in an offshore Chinese debt market offering, merchant bankers associated with the bond sale said.
US man discovers debris from Russian Space Station
Press Trust of India | Tuesday June 18, 2013
A US man has stumbled upon a palm-sized rock which turned out to be space debris from a decommissioned Russian space station that washed up on a river bank in Amesbury.
Sensex, Nifty fall ahead of Fed meet, banks weigh
Tuesday June 18, 2013
The BSE Sensex fell on Tuesday as blue chips such as HDFC Bank declined on anxiety over potential foreign outflows should the U.S. Federal Reserve signal winding down of its bond-buying programme later this week.
Religare promoters to sell 22.75% stake to meet banking rules
Tuesday June 18, 2013
Religare is among the major contenders for new banking licences, for which the applicants are required to submit their applications to the RBI by July 1.
ICICI Bank hits Chinese bond market with $500 mn benchmark issue
Tuesday June 18, 2013
This is the third issue by ICICI Bank and makes it the second domestic lender to sell bonds to offshore Chinese investors after IDBI Bank's issue earlier on.
Sensex down over 100 points as banking stocks fall
Tuesday June 18, 2013
The BSE Sensex dropped over 130 points, while the broader Nifty came close to breaching the 5,800 mark in the closing hour on Tuesday. Global markets were nervous on account of uncertainty about the future of the U.S. monetary stimulus programme.
Yamuna breaches danger mark in Delhi as Haryana releases more water; low-lying areas being evacuated
Ketki Angre (With inputs from agencies) | Tuesday June 18, 2013
The water level in Yamuna is rising in Delhi. The eight cusecs of water released by Haryana from the Hathnikund barrage has entered Delhi, putting the lives of those living on the banks of the river at risk.
BHEL wins Rs 450 crore renovation and modernisation contract
Tuesday June 18, 2013
The World Bank-funded Rs 450 crore contract has been placed on BHEL by the Maharashtra State Power Generation Corp Ltd, the statement said.
