Stung by the row over its application for iron ore mining leases in Orissa, the state's elite Bhubaneswar Club Ltd is likely to decide on taking back the application next week.
'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.
Collectively, the pack of 12 has posted a 50 per cent rise in profits -- Rs 25,685 crore. On a quarter-on-quarter basis (that is, September over June), the rise is 68 per cent. Public sector banks have never had such a stellar performance, explains Tamal Bandyopadhyay.
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
Bharti Airtel will start talks for "disengagement" from its partner Vodafone once the UK company decides on its future course of action in India.
Close on the heels of mega corporates and other financial sector players heading for India, Hong Kong-based Planet Yoga has firmed up plans to set up shop in the country.
Company says no project in Jharkhand without allotment of SAIL-owned Chiria mines.
Its entry will increase competition especially when WhatsApp too has received approvals to launch payment service.
