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.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
Docomo is looking to expand its reach beyond Japan and sees India and Africa as key emerging markets.
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.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
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.
Many of the industrialists profiled in the book are no longer riding the wave of success.
Delays in returning money for disputed transactions have also come under RBI's scanner.
DFS writes to departments that haven't responded to RBI's request for information.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
Bajaj Auto fears adverse impact on its exclusive loan deal with Bajaj Finance
Have committed themselves to investing Rs 1,85,000 crore since last year.
Says licensing of new banks should be a continuous process instead of the current stop-go system
The government will get an additional revenue of 20 per cent from the auction of the 1,800 MHz and 900 MHz bands of spectrum, based on the Telecom Commission's recommendations, compared with those of the Telecom Regulatory Authority of India (Trai).
The company changes the names of its many sports channels, such as the acquired ESPN and dedicated Star Cricket, to Star Sports 1-4, that will bear out its multifarious sports strategy.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
