ICAI Bhilwara
ICAI Bhilwara
ICAI Bhilwara
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Retail lending scripts SBI turnaround story; record quarterly profit of Rs Rs 4,050 crore
State Bank of India posted a record quarterly profit on higher earnings from retail loans and a turnaround in treasury income, pushing its stock up 5...
Kumar Mangalam Birla buys 27.5% stake in Living Media Group
Kumar Mangalam Birla, chairman of Aditya Birla Group, has bought a 27.5% stake in Aroon Purie-controlled Living Media India, the publisher and owner ...
NGOs, MP Jyoti Mirdha demand wider drugs under price control
Two health groups and a parliamentarian have demanded that more medicines be brought under price control. The NGOs, Jan Swasthya Abhiyan (JSA) and Al...
Facebook IPO wealth might make many employees quit, let a hundred start-ups bloom
As the first day of trading in one of the biggest initial public offerings (IPOs) wound down on Friday, the frenzy around Facebook Inc is expected to...
Retail inflation rises to 10.4% on higher prices of vegetables; weaker rupee may worsen scenario
Pricier vegetables pushed up retail inflation into double digits in April, but core inflation remained steady, in line with the trend in wholesale in...
Wheat exports to Iran near certain; to help settle fuel import bill
The government is working out the details of wheat exports to Iran, a move that can help India settle part of its fuel import bill with the oil-rich...
PRIL transfers Future Capital stake to retail co
Kishore Biyani-owned Pantaloon Retail India (PRIL) has transferred 38.6% of its stake in financial services arm Future Capital Holdings (FCH) to its ...
Cabinet to consider aviation FDI proposal soon: Anand Sharma
Commerce and industry minister Anand Sharma said on Friday that the proposal for allowing foreign carriers to pick up 49% in Indian airlines would b...
Govt rules out any relief to bank loan defaulters
Ruling out any relief to bank loan defaulters owing R1 crore and above, government on Friday said all efforts will be made to recover the dues from s...
City Union Bank Q4 net up 40%
Kumbakonam-based City Union Bank (CUB) has posted a 40% jump in its net proft to R71.98 crore for the fourth quarter as against R51.40 crore it logge...
Tata Power on the lookout for wind farms on sale
After taking over an 18-Mw wind farm from a group company, Tata Power is planning to build its wind power portfolio through acquisitions. It is on th...
Suzlon seeks more time for FCCB repayment
Suzlon Energy on Friday said it had sought up to 45 days more for the repayment of foreign currency convertible bonds (FCCB), due on June 17.The tota...
Four Indian drug makers get US nod to launch generic version of Plavix
Four Indian drug makers ? Dr Reddy?s Laboratories Ltd, Sun Pharmaceutical Industries Ltd, Torrent Pharmaceuticals Ltd and Aurobindo Pharma Ltd ? have...
As rupee falls to lifetime low for 3rd straight day, RBI assures more action
The Reserve Bank of India (RBI) on Friday said it would continue to support the weakening rupee, by intervening in the foreign exchange markets as we...
Gold, silver see sharp rebound
Gold and silver prices have recovered smartly in the past two days, with prices here up three to four per cent. Both precious metals have recovered a...
Weak rupee raises companies' debt by Rs 80,000 crore
The depreciating rupee is exacting a heavy toll on Indian companies. A rough calculation shows that their external debt has swollen by at least Rs 80...
Deepak Fert plans to invest Rs 415 cr on expansion
Deepak Fertilisers and Petrochemicals Corp Ltd plans to invest Rs 415 crore in expanding its fertiliser capacity this year.The company proposes to in...
RBI asks banks to cut exposure to gold-loan NBFCs
The Reserve Bank of India on Friday further tightened the norms pertaining to banks exposure to non-banking finance companies predominantly in the go...
Italy industrial orders down 14.3% over a year
Italy's industrial orders were down 14.3 per cent in March on a 12-month comparison due to a slump in the domestic market but rose 3.5 per cent from ...
World stocks erase year's gain; Brent at 2012 low
World stocks erased the year's gains on Friday as investors fled risky investments for safe-haven assets on concerns about the euro zone's deepening ...
At Rs 33,000, per capita debt in India increases by 23%
The per capita income may have gone up by 14% during the last financial year, but the debt burden on every Indian - in the form of the government's d...