India News
Search Web Directory
Priyanka scoffs at rumours about assuming role in Cong
Posted on 9th August 2014
Priyanka Gandhi on Friday dismissed media speculation over her assuming an important post in the Congress as mere “conjecture” and “baseless rumours”.

In a rare impromptu statement, Priyanka noted how “at opportune moments” such conjecture was always raked up.

Sebi releases discussion paper on disclosures of securitised debt
Posted on 9th August 2014
The Securities and Exchange Board of India (Sebi) on Friday released a discussion paper on higher disclosure standards pertaining to public offer and listing of securitised debt instruments (SDI). Sebi, in the paper, has highlighted the role and responsibilities of trustees of SDI. It has proposed a trustee needs to have a net worth of at least Rs 2 crore. The duty of calling for periodic reports from sellers and ensuring the investors of SDI have been allotted debt would lie with the trustee of SDI.

State Bank net up 3.3% as bad loan pressure eases
Posted on 9th August 2014
After witnessing decline in profit for six consecutive quarters, State Bank of India (SBI), the country’s largest lender, reported 3.3 per cent net profit growth to Rs 3,349 crore for the quarter ended June, compared to Rs 3,241 crore in the corresponding period of last year.

Arundhati Bhattacharya, Chairman, SBI, said: “Pressure (on asset quality) appears to be subsiding. But we need to see a pick-up in the economy to see appreciable changes in asset quality.”

M&M stand-alone net profit down 6%
Posted on 9th August 2014
Weighed by a fall in the demand for utility vehicles (UV), Mumbai-based Mahindra & Mahindra posted six per cent dip in its stand-alone net profit to Rs 882 crore for the quarter ended June even as demand for passenger vehicles looked to pick pace again.

It beat street expectations which had pegged the net profit at Rs 833 crore for the quarter. During the quarter last year it had posted net profit of Rs 938 crore. The profit would have been higher, but for the Rs 67 crore (or 37 per cent) jump in the depreciation to Rs 248 crore. Stand-alone revenues were up two per cent year-on-year to Rs 10,096 crore in the quarter.

Maruti assures investors on Gujarat project plans
Posted on 9th August 2014
Maruti Suzuki India Limited (MSIL) on Friday said benefits of developing its Gujarat project through a wholly-owned subsidiary of Japanese parent Suzuki Motor Corporation (SMC) were being conveyed to investors by an MSIL team, led by Chairman R C Bhargava and Managing Director K Ayukawa.

Kotak Mahindra Capital and Axis Capital will facilitate the process to woo minority shareholders.

RBI proposes ‘anytime anywhere’ bill payment system
Posted on 8th August 2014
Mumbai: For the convenience of people to pay school fees and municipal taxes and utility bills through an integrated platform, the Reserve Bank on Thursday proposed setting up an “anytime anywhere” bill payment system.

Bill payment is a major component of the retail payment transactions as over 3,080 crore bills amounting to more than Rs6 trillion are generated each year in the top 20 cities in the country. Though various forms of payments are accepted, cash and cheque payments continue to be predominant, particularly at the Billers’ Own Collection Point.

Reliance Communications receives Rs 650 cr from promoter group
Posted on 8th August 2014
Reliance Communications Ltd today said it has received the first instalment of Rs 650 crore from the promoter group for preferential allotment of 8.67 crore warrants aggregating Rs 1,300 crore.

The remaining Rs 650 crore will be received by the firm before March 31, 2015, RCom said in a statement.

PM Narendra Modi sticks to failed recipe in India's food inflation fight
Posted on 8th August 2014
It's been more than a month since Nirmala bought fresh tomatoes. A fourfold rise in prices since early June has made the essential ingredient in Indian curries and sauces a luxury she can no longer afford.

"Buying tomatoes feels like buying jewellery," says the 29-year-old maid, who is struggling to make ends meet on her monthly pay of $65 as prices for fresh staples such as onions and potatoes also soar in New Delhi.

BSE Sensex plunges 274 points on Iraq, Russia tensions
Posted on 8th August 2014
Extending losses for the third straight session, the benchmark BSE Sensex fell over 274 points in early trade today on sustained selling by funds amidst weak global trend as geopolitical tensions worsened in Iraq and Russia.

Besides, fresh weakness in the rupee had negative impact.

NTPC accuses JSPL, Monnet, SEML of occupying its blocks
Posted on 8th August 2014
NEW DELHI: Public sector power producer NTPC has told the government that three private firms — Jindal Steel, Monnet Group and Sarada Energy and Minerals Ltd — are running their own operations within the demarcated areas of two coal blocks allotted to it, thwarting its plans to begin mining operations.

The two coal blocks in Odisha and Chhatisgarh are expected to fuel 4,500 MW of new power generation capacity being set up by NTPC that could be delayed if these blocks are not freed from encumbrances, NTPC.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Most Read News

PNB to raise Rs 8,600 crore through asset sale in FY19

Concor ropes in TCS to strengthen mobile app for reverse auction

Paytm Mall aims to generate $10 bn in annualised gross sales by March 2019

Infosys to go ahead with Kolkata project worth Rs 1 bn without SEZ status

HPCL Q1 net up 86% to Rs 1,719 cr

More India News

Photo Gallery

Renault Pulse(19 Images) Renault Pulse.
Bharat Ane Nenu(8 Images)
  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
About us
Link to us
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018
    All Rights Reserved
Privacy Statement