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High-profile bankers find it tough to turn around small private banks

Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents. Private sector banks, particularly the old generation......

Kotak Mahindra shares surge 4% at close on ING Vysya deal

Shares of Kotak Mahindra Bank on Friday ended nearly 4 per cent higher, after the private sector lender announced the acquisition of ING Vysya Bank in an all-stock deal valued at Rs 15,000 crore......

Bank FD scam gets bigger, 9 FIRs filed

The fixed-deposit fraud at banks is getting bigger. The economic offences wing of the Mumbai Police on Thursday said it had filed nine first information reports against several bank officials for......

Rupee falls on global cues, ends at 60.57

The rupee fell on Monday, retreating from a three-week high hit last week, as the dollar gained after US Federal Reserve chief Janet Yellen was seen as more hawkish than her European counterpart at......

Currency unlikely to plunge to Rs 68 to a dollar

RBI's  steps will prevent rupee from slipping, even if OMCs meet entire $ demand from market Despite demand for dollars from state-run oil marketing companies (OMCs) emerging in the foreign......
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ON THE OCCASION OF ONAM, SAY IT WITH FLOWERS

The members of the railway employees and their union designed a unique and traditional 'Pookalam' (floral rangoli) at the CST station, which was... ...

http://www.afternoondc.in/city-news/on-the-occasion-of-onam-say-it-with-flowers/article_147571
Indian markets ascend higher

Posted by Equitymaster After opening the day on a firm note, the Indian Indices have surged upwards in the post noon trading session. Sectoral... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/V4Mzlqcd0DE/tm.asp
EOW arrests former Dhanlaxmi Bank director

Rs 141-CR FIXED DEPOSIT SCAM K Shrikanth Reddy is accused of receiving Rs 20.11 crore as kickback from the Showman Group; in police custody till... ...

http://www.mumbaimirror.com/mumbai/crime/EOW-arrests-former-Dhanlaxmi-Bank-director/articleshow/48660361.cms
Ambuja Cements, Dhanlaxmi Bank hit new 52-week low

The NSE Nifty boomeranged in a range of 153-odd points, the index recovered from an early morning low and rallied to a high of 7,930, only to... ...

http://www.indiainfoline.com/article/news-top-story/ambuja-cements-dhanlaxmi-bank-hit-new-52-week-low-115082600471_1.html
United Spirits, Kingfisher Airlines face axe for listing violations

Kingfisher, once a premium airline operated by Vijay Mallya-led UB Group, has faced penal actions including freezing of promoter shares, for... ...

http://www.financialexpress.com/article/industry/companies/united-spirits-kingfisher-airlines-face-axe-for-listing-violations/124248/

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