Is the worst over for banks in terms of bad debts? |
| 02/08/2012 03:40 AM |
| img src=http://www.moneycontrol.com/news_image_files/Sheshasdri_190_feb8.jpg alt=N Seshadri title=N Seshadri border=0 width=75 height=75 align= left hspace=5/ N Seshadri of Bank of India believes that the pressure on liquidity still remains and there is definitely a lag effect in terms of lesser capacity getting utilized and a possible slowdown in capital expenditure. |
Guj HC raps Modi govt for 'inaction' in post-Godhra riots |
| 02/08/2012 03:32 AM |
| img src=http://www.moneycontrol.com/news_image_files/n.modi_press_190.jpg alt=Guj HC raps Modi govt for 'inaction' in post-Godhra riots title=Guj HC raps Modi govt for 'inaction' in post-Godhra riots border=0 width=75 height=75 align= left hspace=5/ The Narendra Modi government was today pulled up by the Gujarat High Court for "inaction and negligence" on its part during the 2002 post-Godhra riots that led to large-scale destruction of religious structures. |
Check out: 15 top paid CEOs of India |
| 02/08/2012 02:17 AM |
| img src=http://www.moneycontrol.com/news_image_files/naveen_jindal_86594800.jpg alt=Check out: 15 top paid CEOs of India title=Check out: 15 top paid CEOs of India border=0 width=75 height=75 align= left hspace=5/ Check out: 15 top paid CEOs of India |
Mauritius hopeful of addressing DTAA issue with India |
| 02/08/2012 02:02 AM |
| img src=http://www.moneycontrol.com/news_image_files/tax4_190.jpg alt=Mauritius hopeful of addressing DTAA issue with India title=Mauritius hopeful of addressing DTAA issue with India border=0 width=75 height=75 align= left hspace=5/ Asserting that Mauritius does not want to be a route for money laundering and round tripping of funds, its Prime Minister today said a "mutually satisfactory" solution can be found about the alleged misuse of its Double Taxation Avoidance Agreement (DTAA) with India. |
No decision to stop OMOs: Subir Gokarn |
| 02/08/2012 01:18 AM |
| img src=http://www.moneycontrol.com/news_image_files/Subir-Gokarn-jan24-190.jpg alt=No decision to stop OMOs: Subir Gokarn title=No decision to stop OMOs: Subir Gokarn border=0 width=75 height=75 align= left hspace=5/ Reserve Bank of India Deputy Governor Subir Gokarn indicated the central bank will continue to buy bonds through open market operations (OMOs) and said there was no decision to stop them. |
It's too soon to talk about 2G auction, says Bharti Airtel |
| 02/08/2012 01:11 AM |
| img src=http://www.moneycontrol.com/news_image_files/Sanjay-Kapoor-Bharti-190.jpg alt=It's too soon to talk about 2G auction, says Bharti Airtel title=It's too soon to talk about 2G auction, says Bharti Airtel border=0 width=75 height=75 align= left hspace=5/ Bharti Airtel is yet to decide if it will participate in the next round of 2G bidding, said Sanjay Kapoor, CEO of the telco while announcing the December quarter earnings today. |
OMCs aiding airlines in ATF import unreasonable: BPCL |
| 02/08/2012 12:31 AM |
| img src=http://www.moneycontrol.com/news_image_files/RKSinghBPCL1-190.jpg alt=RK Singh title=RK Singh border=0 width=75 height=75 align= left hspace=5/ Although it might spell some good news for the airline industry, it is definitely adding pressure to the OMCs as the EGoM approved importing of ATF. |
EGoM decision will aid exports: Kohinoor Foods |
| 02/08/2012 12:30 AM |
| img src=http://www.moneycontrol.com/news_image_files/Gurnam_Arora_190.jpg alt=Gurnam Arora title=Gurnam Arora border=0 width=75 height=75 align= left hspace=5/ Yesterday, an Empowered Group of Ministers (EGoM) allowed export of non-basmati rice up to four million tonnes. In an interview to CNBC-TV18, Gurnam Arora, joint managing director of Kohinoor Foods says, EGoM decision will aid exports. |
Reliance in talks with airlines for fuel supply |
| 02/07/2012 11:06 PM |
| img src=http://www.moneycontrol.com/news_image_files/jr/jet_fuel_190.jpg alt=Reliance in talks with airlines for fuel supply title=Reliance in talks with airlines for fuel supply border=0 width=75 height=75 align= left hspace=5/ Reliance Industries is in talks with India's major airlines to provide jet fuel infrastructure and transport services, the company said on Wednesday, a day after a government panel approved direct fuel imports for carriers. |
Net direct tax mop-up rises 9% at Rs 3.46lk cr in Apr-Jan |
| 02/07/2012 11:32 AM |
| img src=http://www.moneycontrol.com/news_image_files/money_190.jpg alt=Net direct tax mop-up rises 9% at Rs 3.46lk cr in Apr-Jan title=Net direct tax mop-up rises 9% at Rs 3.46lk cr in Apr-Jan border=0 width=75 height=75 align= left hspace=5/ The net direct tax collection has increased by 9.28% to Rs 3.46 lakh crore in the April-January period mainly on account higher realisation of personal income tax and corporate tax. |
DoJ probe into visa issue not a criminal inquiry: Infosys |
| 02/07/2012 10:56 AM |
| img src=http://www.moneycontrol.com/news_image_files/balakrishnan_190.jpg alt=V Balakrishnan title=V Balakrishnan border=0 width=75 height=75 align= left hspace=5/ V Balakrishnan, Member of Board and CFO of Infosys on Tuesday said that the Department of Justice (DoJ) probe into the visa issue was not a 'criminal investigation'. |
RBI gives banks more power on customers' overseas loans |
| 02/07/2012 10:06 AM |
| img src=http://www.moneycontrol.com/news_image_files/RBI-Bank.jpg alt=RBI gives banks more power on customers' overseas loans title=RBI gives banks more power on customers' overseas loans border=0 width=75 height=75 align= left hspace=5/ The Reserve Bank of India has given more leeway to banks to approve changes in customers' external commercial borrowing (ECB) plans with immediate effect. |
SBI eyes higher profits in FY12, plans expansion abroad |
| 02/07/2012 09:02 AM |
| img src=http://www.moneycontrol.com/news_image_files/Pratip-Chaudhuri-190.jpg alt=SBI eyes higher profits in FY12, plans expansion abroad title=SBI eyes higher profits in FY12, plans expansion abroad border=0 width=75 height=75 align= left hspace=5/ Country's largest state-owned lender SBI today said its profit this fiscal will surpass that of last year, and announced plans to expand operations overseas through subsidiaries including one in Australia. |
Speak Asia to deposit investors money before Supreme Court |
| 02/07/2012 08:30 AM |
| img src=http://www.moneycontrol.com/news_image_files/Speak-Asia-190.jpg alt=Speak Asia to deposit investors money before Supreme Court title=Speak Asia to deposit investors money before Supreme Court border=0 width=75 height=75 align= left hspace=5/ The Supreme Court has directed the Singapore-based firm Speak Asia, accused of duping investors to the tune of Rs 1,300 crore, to deposit before it the amount payable to investors and concerned authorities. |
Temasek selling 1.4% of ICICI Bank |
| 02/07/2012 08:16 AM |
| img src=http://www.moneycontrol.com/news_image_files/jr/markets_southasia_stocks_18014507.jpg alt=Temasek selling 1.4% of ICICI Bank title=Temasek selling 1.4% of ICICI Bank border=0 width=75 height=75 align= left hspace=5/ TEMASEK-ICICIBANK:TemasekSingapore state investor Temasek Holdings is selling 1.38 percent stake in India's No. 2 lender ICICI Bank in a deal to raise up to $303 million, according to a term sheet seen by Reuters on Tuesday. selling 1.4 pct of ICICI Bank |