Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Top corporates have paid more advance tax in second quarter this year.
All shares held by SBI in the five associate banks will stand cancelled after merger.
The assets are estimated to be worth over Rs 6,000 crore.
'I want to leave behind the bank stronger and better than when I took over.'
Interview with former Reserve Bank of India governor by Duvvuri Subbarao.
This shortfall could continue to hurt loan growth in 2016-17.
Under this service, SBI will give services in person or through remote mode.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Employee integration and branch rationalisation are major challenges.
Huge margins, high custom duty and increasing demand among youngsters have led to exponential increase in smuggling of foreign cigarettes.
New SDR norms allow promoters to manage debt-laden firms.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
The enforcement agency had received queries from the Interpol to this effect in May last week.
Probe agency to set up special software to probe money trail in the case.
Mallya offered to pay Rs 4,000 crore (Rs 40 billion) as settlement.
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
I-T department is investigating 20 listed companies suspected to have falsely claimed long-term capital gains tax exemption
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances