State Bank of India's investment kitty now includes Rs 300 crore (Rs 3 billion) worth of shares of its competitor and the second largest lender, ICICI Bank.
The National Knowledge Commission is setting up an online network that will enable college students to access study material and connect with institutions and faculty members from around the world by the year 2008.
After Reliance Industries and the Aditya Birla Group, the Tata Group is poised to become the next big name to feast on the burgeoning food retail sector.
The room rate for the presidential suite, spread over 12,000 sq ft and with an exclusive entrance and a private elevator, is exactly double that of most other expensive suites in India.
Foreign banks say they have been caught in a "conflict" situation with respect to the manner in which the Reserve Bank of India (RBI) conducts inspections at their branches.
Sahara India Pariwar, a major player in the infrastructure and housing sector, is planning to build a five-star hotel in Lucknow. The company has plans to build a hotel in each of its 217 Sahara City homes.
SBI's profits are expected to take a hit of Rs 800 crore for each of the next five years with the bank needing to make additional provision of around Rs 4,000 crore due to changes in accounting norms.
The Chartered Financial Analyst Institute's level I exams scheduled for December 2007, registrations for which began this September, might not be held in India.
The sharp rise in home loan rates of private sector banks is forcing their customers to switch loyalties.
The Chartered Financial Analyst institute has filed a petition in the Delhi high court seeking a stay on the notice, even as it has decided to give $300 (Rs 12,300) to each of its 7,000 students to write the June 3 examinations outside India.
Corporates being compelled to pay higher rates on term loans of 3 years and above, struck at fixed rates a year ago.
About 7,000 Indian students registered with the Chartered Financial Analyst institute are unlikely to appear in their examinations scheduled for June 3.
For sometime, satellite-based management education has come to the aid of senior managers who never went to a business school.
The Bill, to be called the Draft Engineers Bill, will propose setting up a separate statutory authority which will lay down specifications for competency in professional engineering practice.
Banks are considering levying a charge of Rs 50 on high-value cheques, while making local payments through real time gross settlement free.
Companies will now have to pay a charge for loans sanctioned to them but not utilised
International hospitality majors such as Four Seasons Hotels and Resorts, Starwood Hotels and Resorts, and Jumeirah International are all planning to establish their presence in the country.
Over 20 premier Indian B-schools have jointly decided to present a white paper to the All India Council for Technical Education, recommending that instead of regulating them, the governing body should facilitate the growth of management education in
The Indian Institute of Management, Bangalore, has called off its plan to start full-time operations in Singapore. Instead, it is exploring tie-ups with institutes in Singapore to offer Executive MBA (EMBA) programmes.
Tata Motors may soon set up a car manufacturing unit in Egypt, North Africa. The car major is said to have held talks with an eight-member high-level delegation from Egypt.
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