Kalpana Pathak &Amp; Abhijit Lele In Mumbai

Stories by Kalpana Pathak &Amp; Abhijit Lele In Mumbai

Nita Ambani star at Reliance jamboree

Nita Ambani star at Reliance jamboree

Rediff.com   19 Jun 2014

Nita Ambani's appointment on the board of directors of RIL was met with thunderous applause.

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

Rediff.com   18 Jun 2014

In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.

IT sector beats financial firms in salary payouts

IT sector beats financial firms in salary payouts

Rediff.com   8 Jun 2014

Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.

B-schools reduce seats, cut fees to attract students

B-schools reduce seats, cut fees to attract students

Rediff.com   16 May 2014

The institute says more seats are putting a strain on its resources.

Oil firms to introduce lottery system for fuel dealers

Oil firms to introduce lottery system for fuel dealers

Rediff.com   11 May 2014

In Maharashtra, the oil industry had tenancy protection till 1999.

NPAs render govt banks unfit for pvt Provident Fund deposits

NPAs render govt banks unfit for pvt Provident Fund deposits

Rediff.com   6 May 2014

Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.

SBI to lend $500 mn, redeem securities worth $800 mn

SBI to lend $500 mn, redeem securities worth $800 mn

Rediff.com   23 Apr 2014

SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.

Retain talent or new banks will poach them: Job hunters

Retain talent or new banks will poach them: Job hunters

Rediff.com   3 Apr 2014

Banks should try its best to retain talent.

ONGC's non-tax dole to govt touches Rs 50,000 cr this fiscal

ONGC's non-tax dole to govt touches Rs 50,000 cr this fiscal

Rediff.com   30 Mar 2014

ONGC and Oil India bought a five per cent each of the government's stake in IOCL, yielding Rs 5,340 crore (Rs 53.4 billion) to the government.

Loan rating heat on Sahara Hospitality on tepid show

Loan rating heat on Sahara Hospitality on tepid show

Rediff.com   12 Mar 2014

The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.

Bank of Bahrain & Kuwait lays out plans for India

Bank of Bahrain & Kuwait lays out plans for India

Rediff.com   1 Mar 2014

Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.

Why SBI wants to 'charge' MTM losses to balance sheet

Why SBI wants to 'charge' MTM losses to balance sheet

Rediff.com   28 Feb 2014

The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.

SBI readies plan to improve profitability

SBI readies plan to improve profitability

Rediff.com   20 Feb 2014

NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.

RIL to increase KG block output by March 2015

RIL to increase KG block output by March 2015

Rediff.com   20 Jan 2014

The company will invest $747 mn to increase production from D1, D3 and MA fields.

White-label ATM rollout in slow lane

White-label ATM rollout in slow lane

Rediff.com   15 Jan 2014

Bankers and executives involved in ATM operations said challenges abounded in this segment.

Banks seek leeway from RBI

Banks seek leeway from RBI

Rediff.com   6 Jan 2014

Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up

Be ready to pay more for ATM transactions this year

Be ready to pay more for ATM transactions this year

Rediff.com   2 Jan 2014

At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.

RIL-BP leads the race to pick up 25% stake in Mundra terminal

RIL-BP leads the race to pick up 25% stake in Mundra terminal

Rediff.com   28 Dec 2013

BP and Reliance Industries Ltd are leading the race to pick up a 25 per cent stake in Gujarat State Petronet Corporation and the Adani group's five million tonnes per annum liquefied natural gas terminal at Mundra.

New worries for banks

New worries for banks

Rediff.com   11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

BHP Billiton may not review India exit plan

BHP Billiton may not review India exit plan

Rediff.com   5 Dec 2013

For simplification and a sharper strategic focus, BHP Billiton has been reassessing its global assets portfolio.