HDFC Bank, country's second largest private sector lender, is gearing up to disburse loans in nano-seconds. These loans will be offered as a top up on the existing car/two wheeler loans and will be available only for the bank customers.

"The nano second loan will be quick money for the customer. If you have a car financed by us then you get an offer from us which will flash on your cell phone also. You can log in via internet banking or mobile banking. It is a pre-populated application form so you just need to click on yes at about five places and the loan will be disbursed in nano-seconds," said a bank source who is directly involved in the process.

Calcutta, Sept 18 (PTI): The West Bengal government on Friday declassified 64 files relating to Netaji Subhas Chandra Bose that had been in the records of the state and city police, with Chief Minister Mamata Banerjee urging the Union government to release the files in its possession.

The 64 files containing 12,744 pages were declassified in the presence of his family members, who have been demanding that information on Netaji, kept confidential till now, should be made public.

Mumbai: Hindustan Petroleum Corp, India’s third-largest state-owned refiner, plans to spend as much as $300 million for a stake in an active oil and gas field through a unit, a company official said.

The unit, Prize Petroleum Co., which focuses on the upstream oil business, is considering a minority stake in Russian or Nigerian assets, said the official, who asked not to be identified because the information is confidential.

To ensure more transparency, Sebi asked listed companies to inform stock exchanges at least two working days in advance about board meetings on proposals related to buyback of securities, voluntary delisting and fund raising.

The move is aimed at bringing in greater transparency in the business affairs of the listed firms.

The benchmark Sensex surges 338.68 points to 26,305.84 points in the early morning trade on Thursday. Nifty breaches the crucial 8,000-mark, up 105.2 points to 8,004.35 points.

The rise came on the back of increased selling of dollar by exporters and banks, which resulted after Federal Federal Reserve decided against increasing interest rates.

Tata Motors stock fell over 2% in the intraday trade on Friday. At 1025 hours, the shares of the firm were at Rs 330.25, down 2.26% from its previous close.

On Friday Morning, Tata Steel, the parent company of Tata Motors, has decided to sell shares of the automaker worth up to $188 million, according to a Reuters report.

Shares of Infosys were up nearly 1% at Rs 1,112 on the Bombay Stock Exchange after the IT major in a release announced that Qantas Credit Union has selected Infosys Finacle to improve its customers's digital experience, as part of their business transformation strategy.

Qantas Credit Union is top Australian Credit Union, and implementation of Finacle will enable the company to exploit the power of digitization to unlock new revenue streams and foster customer loyalty, while enabling the bank to quickly bring new products to market, the release added.

GMR Infrastructure has gained 4.5% to Rs 12.80 on the NSE after GMR Energy's two power plants in Andhra Pradesh were awarded allocation of gas through a fresh round of e-bidding conducted by the Government of India.

GMR Energy announced that two of its gas based plants - GMR Vemagiri Power Generation (GVPGL) and GMR Rajahmundry Energy (GREL) - in Andhra Pradesh have been awarded allocation of gas through a fresh round of e-bidding conducted by the Government of India, on 15 September 2015.

NEW DELHI: As many as 11 bidders including NTPC are in the fray on Wednesday for the Rs 298 crore government subsidy on offer for plants receiving inadequate domestic natural gas.

The power plants can use the subsidy support from the government to buy expensive imported LNG to make up for the fuel deficit.

NEW DELHI: Car market leader Maruti SuzukiBSE 0.59 % India ranks highest in brand influence, followed by Hyundai Motor India and Toyota Kirloskar Motor, global market research firm JD Power said.

According to the JD Power Asia Pacific '2015 India Brand Influence and Positioning Study', Maruti Suzuki ranks highest in brand influence with a score of 839 (on a 1,000-point scale), with Hyundai coming in second (767) and Toyota third (744).

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