Posted: May 22nd, 2015, 12:17pm EDT
Drug-maker Lupin will soon replace private sector electricity producer Tata Power on the benchmark Sensex. Tata Power will cease to be a part of the Sensex from June 22.
Posted: May 22nd, 2015, 11:33am EDT
The Reserve Bank is working to bring more transparency to the joint lending forum (JLF), which was set up to revitalise distressed assets, deputy governor SS Mundra said today.
Posted: May 22nd, 2015, 10:10am EDT
The Reserve Bank should keep the interest rates steady in the near term keeping in view the upward risks to inflation such as estimated lower foodgrain production, possibility of below-normal monsoon and rise in fuel prices, says a Dun & Bradstreet report.
Posted: May 22nd, 2015, 9:59am EDT
Bank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one of the heads of the unions said on Friday.
Posted: May 22nd, 2015, 9:44am EDT
Opposing the government's decision to deduct tax at source on pre-mature PF withdrawals, trade unions today said they will ask the labour ministry to put the EPFO order in this regard on hold.
Posted: May 22nd, 2015, 9:37am EDT
Terming NPAs at 5.2 per cent as high, finance minister Arun Jaitley on Friday said it's too early to consider the improvement in the bad loan situation last quarter as a "turnaround" and was keeping his fingers crossed.
Posted: May 22nd, 2015, 9:27am EDT
Continuing its rising streak for the second straight session, the rupee today moved up by another 12 paise to close at 63.52 per dollar on sustained selling of the American currency by banks and exporters.
Posted: May 22nd, 2015, 8:31am EDT
Honda Cars India today announced expansion of its production facility in Tapukara, Rajasthan with an investment of Rs 380 crore.
Posted: May 22nd, 2015, 7:49am EDT
The finance ministry will come out with simplified Income Tax Return (ITR) forms by the next week, replacing the controversial ones that have been put on hold.
Posted: May 22nd, 2015, 7:32am EDT
The benchmark BSE sensex recovered by over 148 points today to close at one-month high of 27,957.50 on across-the-board buying by participants amid renewed hopes of a rate cut and better-than-estimated corporate earnings.