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Firms irked by RBI's order to store payments data in India

While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space......

Silver will fare better than gold in 2018: Goldman Sachs

The underperforming metal for 2017 expected to return 17-20% Investors have started betting big on silver amid hopes of a sharp upswing in its prices in calendar year 2018 (CY18). Despite immense......

IL&FS Financial gets India's first masala loan

The first tranche was raised a few weeks ago and the company was looking to raise more if needed. IL&FS Financial Services became the first Indian company to raise money through a masala loan, a......

New era of gold benchmarking to start with handful of pioneers

ICE Benchmark Administrator to replace gold fix on March 20 Four chairs to rotate during first 6 months - source A handful of banks will start setting gold prices electronically on Friday, sources......

RJio ties up with lenders for $1.5 billion loan

Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans. Mukesh Ambani-led......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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