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Sea-borne terror and piracy key challenges: Modi@ IFR

Prime Minister Narendra Modi on Sunday flagged the threat of sea-borne terror and piracy as two key challenges to maritime security even as he pitched for respecting freedom of navigation against......

Mhadei, helmed by all-women crew, is back in Goa

The Indian Navy's sailing vessel Mhadei, skippered and managed by an all-women crew of naval officers has reached her home port, Goa. The ship is being skippered by Lieutenant Commander Vartika......

President, PM Modi review naval fleet

President Pranab Mukherjee on Saturday embarked on Presidential Yacht ‘INS Sumitra’ and reviewed the imposing international parade of fleet at IFR-2016 where 50 countries across the......

'Today, we have a capable navy which takes care of our interests'

Ahead of the International Fleet Review, Naval chief Admiral R K Dhowan spoke of the changing perception of the navy and the many challenges it faces on the global map. Rediff.com’s Vipin......

India gears up to show off its naval might in the International Fleet Review

The five-day-long International Fleet Review kicks off on Thursday and even though unlike its inception it is not a prelude to an incoming war it is still a sign of the nation's naval might, says......

Banks may be allowed to use IFR as a cushion

There seems to be consensus between commercial banks and the Reserve Bank of India over the use of investment fluctuation reserve for setting off depreciation losses incurred in their investment......

Fraud in sight, De Beers cuts India's rough diamond allocation

‘We don’t trade with any business where we have specific concerns,’ a De Beers spokesperson said.  The world’s leading diamond mining group, De Beers, has reduced its......

Banks don't want changes in MCLR calculation: RBI

Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad Banks are opposed to the move to link marginal......

Infy beats Street; Q3 profit after tax grows 38% QoQ

Revenues for the quarter came in at Rs 17,794 crore; up 1.3 per cent QoQ and 3 per cent on YoY basis. Infosys, India's second largest IT exporter, on Friday reported 38.3 per cent growth in......

HDFC Bank plans mega fundraising exercise

If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever. The second-largest private sector lender, HDFC Bank, would be......

Manchester United to list on NY stock exchange

Manchester United has picked the New York Stock Exchange to make its stock market debut, ending months of speculation over where the world's best-supported soccer club would list. After first......
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Chinese internet firm Sina plans secondary listing in HK - sources

HONG KONG (Reuters/IFR) - Chinese web portal and social media firm Sina Corp is planning a secondary listing in Hong Kong, in what would be one of... ...

http://feeds.reuters.com/~r/reuters/INtechnologyNews/~3/NY_mWybP9ys/chinese-internet-firm-sina-plans-secondary-listing-in-hk-sources-idINKCN1IP0K3
India infrastructure trust to list via $487 million private placement - IFR

will launch a 32 billion-rupee ($487 million) private placement of new units on Thursday, IFR reported, citing a deal term sheet. A total of 323... ...

http://www.business-standard.com/article/reuters/india-infrastructure-trust-to-list-via-487-million-private-placement-ifr-118043000580_1.html
Wipro net declines 21% in Q4, 5.9% in 2017-18

Bengaluru: Global software major Wipro on Wednesday reported that its consolidated net profit declined 21 per cent annually for the fourth quarter... ...

http://www.sify.com/finance/wipro-net-declines-21-in-q4-59-in-2017-18-news-technology-sezvVdaegcbic.html
Reserve Bank of India allows banks to spread bond losses

To absorb such losses in future, the central bank instructed banks to create an Investment Fluctuation Reserve (IFR) from the start of the current... ...

http://www.business-standard.com/article/economy-policy/reserve-bank-of-india-allows-banks-to-spread-bond-losses-118040300043_1.html
Ind AS 115 to help in 'improved disclosures', says ICAI

The new accounting standard for revenue recognition help in "improved disclosures" as well as reduce the scope for interpretations on various... ...

http://www.business-standard.com/article/pti-stories/ind-as-115-to-help-in-improved-disclosures-says-icai-118040100205_1.html

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