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IAF told to save dwindling squadrons till Rafale arrives

Defence Minister Manohar Parrikar has asked the Indian Air Force to focus on safety and conservation of available resources as he interacted with top commanders in New Delhi just days after India......

Banking foray: Tatas, Birlas, Bajajs banking on brand names

Bank aspirants like the Tatas, Birlas and Life Insurance Corp of India are expecting that using their parents’ known brand names will help them establish banks in India once the Reserve Bank......

ICICI Bank, HSBC start expanding credit card base

After almost four years, ICICI Bank and Hongkong and Shanghai Banking Corp (HSBC) have started expanding their credit card base. The duo, once the most aggressive credit card players in the......

Corp Bank, Union Bank cut rates on home, car loans

Corporation Bank has decided to slash interest rates on home, car and educational loans with effect from September 1 for a three-month period. The state-run bank has also decided to waive the......

Bank of America may fire 40,000 employees

Officials of United States financial giant Bank of America Corp have discussed slashing about 40,000 jobs under the first phase of a proposed restructuring exercise, according to a media report on......

Bank of America to axe 3,500 jobs

Bank of America Corp will slash 3,500 jobs in the current quarter and is working on broader restructuring that could eliminate thousands of additional positions, a media report says. Citing people......

Soccer sponsors dismayed by FIFA corruption allegations

World Cup sponsors are in an awkward position, experts said, because they are under pressure from consumers to distance themselves from any corruption, but such sponsorships are lucrative in the......
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Sensex crashes 351 points to fall below 27,000-mark on drought fears

Pic Courtesy: - Mumbai: The benchmark BSE Sensex Wednesday plunged by 351 points to fall below the 27,000-mark on heavy selling in realty and FMCG... ...

http://zeenews.india.com/business/news/finance/sensex-crashes-351-points-to-fall-below-27-000-mark-on-drought-fears_127989.html
Deutsche Bank to Open Three Labs to Improve Digital Capabilities

Deutsche Bank (NYSE:DB) Intraday Stock Chart Today : Wednesday 3 June 2015 By Ulrike Dauer and Eyk Henning FRANKFURT--Deutsche Bank AG (DB)... ...

http://in.advfn.com/p.php?pid=nmona&article=67134280
Alibaba to invest in China Business Network to expand finance services - China media

BEIJING/SHANGHAI Chinese e-commerce company Alibaba Group Holding Ltd will invest in financial media outlet China Business Network in a deal set... ...

http://in.reuters.com/article/2015/06/03/alibaba-china-business-news-idINKBN0OJ1LV20150603
JPMorgan's Jamie Dimon becomes billionaire ushering in era of the megabank

Under Dimon, JPMorgan has become what most analysts consider the best-run of the universal banks, which have both consumer banking and Wall Street... ...

http://www.livemint.com/Industry/dpWmoNa5QDOstumFCwtBdP/JPMorgans-Jamie-Dimon-becomes-billionaire-ushering-in-era-o.html
Sensex dives by 660.61 pts, 2-wk-low

Agencies, Mumbai The equity market tumbled today by 660.61 points to a two-week-low of 27,188.30 on the bleak forecast of weak monsoon coupled... ...

http://www.centralchronicle.com/sensex-dives-by-660-61-pts-2-wk-low.html

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