
A committee that is revisiting eligibility norms for asset management companies believes that they need to have minimum net worth…
The crisis in the euro zone has had at least one positive outcome for India. The fall in commodity prices,…
Iron ore rich Orissa, for the first time since independence, imported ore from Karnataka. Two rakes of iron ore from…
Kishore Chhabria-promoted Allied Blenders & Distillers has firmed up plans to set up a 100 kilo litre per day distillery…
Mutual fund investments by the commercial banks may have an impact even beyond June as liquidity in the market is…
The government seems poised to ride India’s next-generation airwaves to the magical Rs 1 lakh crore-mark. With broadband wireless access…
Hindalco Industries, the flagship company of the Aditya Birla Group, on Friday reported a 711% growth in its consolidated net…
Automobile major Mahindra & Mahindra and Ruia group firm Dunlop have made it to the qualified bidders’ list for South…
The country’s largest bank, State Bank of India, will fix its base rate at around 8%, bank chairman OP Bhatt…
The government announced the biggest reform in the Indian capital markets yet, mandating listed companies and those wanting to list…
Aditya Birla Group?s flagship Grasim has temporarily suspended production at its Madhya Pradesh fibre plant at Nagda due to water…
International Finance Corporation is in the process of picking up stake in urban-focused microfinance institution Swadhaar FinServe. The multilateral lending…
The business cycles of micro and small enterprises may not always coincide with the overall industry. Policies on credit and…
Banks on Friday said they borrowed Rs 18,175 crore, the largest amount on a net basis, from the Reserve Bank…
The State Bank of India may look at raising funds through an overseas bonds sale programme in the next quarter,…
With weak inflows into actively-managed equity schemes, mutual fund houses are now looking at offering low-cost products like index funds…
Indian equities rose for the second week as the domestic indices extended its gains for the third straight day on…
The government will not allow ?any strangleholds or cartels? in the domestic pharmaceutical industry, minister for commerce and industry Anand…