Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
The third quarter generally has more holidays.
The number of applications filed for H-1B visa this year was around 40 per cent higher than a year ago.
Rush to offload bad loans indicates a revival in asset-sale market
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'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.
TCS MD talks about demand environment, margin outlook and the growing number of its employee base.
Might end up with a smaller slice as more contracts get restructured, warn analysts.
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.
Nasscom is sending team there to check out ways of accessing markets, funding and the technology landscape.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
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.
Delays in returning money for disputed transactions have also come under RBI's scanner.
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