News for 'Indian Bank Aims'

Indian and Chinese armies hold 8th round of military talks

Indian and Chinese armies hold 8th round of military talks

Rediff.com6 Nov 2020

The two sides have already held seven rounds of Corps Commanders level talks to discuss the entire issue of transgressions in the Eastern Ladakh sector.

China intends to keep 'alive' boundary issue: Army chief

China intends to keep 'alive' boundary issue: Army chief

Rediff.com9 May 2022

Gen Pande also said that Indian troops are adequately deployed along the Line of Actual Control to deal with any situation and that guidance has been given to them to "remain firm and resolute" in their tasks.

Need of the hour: Reform in public sector banks will ensure growth

Need of the hour: Reform in public sector banks will ensure growth

Rediff.com13 Mar 2014

Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.

World Bank approves $600-mn loan to Power Grid

World Bank approves $600-mn loan to Power Grid

Rediff.com19 Mar 2008

"Despite a booming economy, India's growth potential is constrained by inadequate electricity services and limited power generation and supply infrastructure... The power sector has improved in recent years, albeit in an environment where demand for electricity continues to outstrip supply," the bank said. The Bank has made three direct loans to Power Grid since 1993.

'We cannot allow China to swallow our territory'

'We cannot allow China to swallow our territory'

Rediff.com16 Jun 2023

'We have to be prepared on the borders to withstand Chinese expansionist designs.'

Bharti Airtel to apply for payment bank

Bharti Airtel to apply for payment bank

Rediff.com29 Jan 2015

Kotak Mahindra Bank to have a 19.9% stake in the proposed banking venture.

Of Sudarshan Chakra, Shishupal, and PSU banks

Of Sudarshan Chakra, Shishupal, and PSU banks

Rediff.com22 Sep 2017

Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used? More importantly, what are those sins?

Three executives to join YES Bank board

Three executives to join YES Bank board

Rediff.com29 Jun 2013

No word on appointment of Shagun Kapur Gogia

March will see govt banks get Rs 46K cr as capital infusion

March will see govt banks get Rs 46K cr as capital infusion

Rediff.com9 Mar 2018

The country's largest lender State Bank of India will get the largest sum of Rs 8,800 crore as government's capital infusion.

Non-bailable warrants issued against Nirav Modi, Mehul Choksi

Non-bailable warrants issued against Nirav Modi, Mehul Choksi

Rediff.com8 Apr 2018

The issuance of NBWs by a court also opens door of seeking Red Corner notices against both of the accused from the Interpol.

India-Australia relations enter T-20 mode, says Modi on strengthening ties

India-Australia relations enter T-20 mode, says Modi on strengthening ties

Rediff.com24 May 2023

Modi and Albanese also reiterated their shared ambition for an early conclusion of the ambitious Comprehensive Economic Cooperation Agreement (CECA) that is expected to significantly expand bilateral trade ties.

Satellite shows China building new bridge in Pangong area

Satellite shows China building new bridge in Pangong area

Rediff.com18 May 2022

The people familiar with the development said the new bridge is being built in an area that is over 20 km from the Line of Actual Control (LAC).

CBI seeks Interpol's help to bring back Nirav Modi

CBI seeks Interpol's help to bring back Nirav Modi

Rediff.com11 Jun 2018

The agency has written to the Interpol to issue a Red Corner Notice which would mean that the member countries of the Lyon-based international police cooperation agency can arrest and extradite Nirav Modi

Huge difference between pre- and post-2014 India, Modi tells diaspora in Bali

Huge difference between pre- and post-2014 India, Modi tells diaspora in Bali

Rediff.com15 Nov 2022

Prime Minister Narendra Modi on Tuesday asserted that there is a "huge difference" between pre- and post-2014 India, saying the country is now moving ahead at an "unprecedented speed and scale" as he showcased the achievements of his term in power to the Indian diaspora in Indonesia.

PNB-UBI-OBC merger: Automated HR integration likely

PNB-UBI-OBC merger: Automated HR integration likely

Rediff.com29 Oct 2019

All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity.

Public banks demands remain largely unmet in Budget

Public banks demands remain largely unmet in Budget

Rediff.com1 Mar 2015

Pulbic banks have no reason to cheer Budget announcement.

Snapdeal defers Rs 1,250-cr IPO

Snapdeal defers Rs 1,250-cr IPO

Rediff.com9 Dec 2022

SoftBank-based e-commerce marketplace Snapdeal has deferred its Rs 1,250 crore IPO, joining the list of startups that have decided to shelve their initial public offering (IPO) plans this year. Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell-off in tech stocks worldwide. "Considering the prevailing market conditions, the company has decided to withdraw the DRHP. The company may reconsider an IPO in the future, depending on its need for growth capital and market conditions," a Snapdeal spokesperson said.

Collateral-Free Debt Funding For Start-Ups

Collateral-Free Debt Funding For Start-Ups

Rediff.com25 Oct 2022

The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).

LAC row: India, China hold 16th round of military talks

LAC row: India, China hold 16th round of military talks

Rediff.com17 Jul 2022

In the fresh round of talks, the Indian side is expected to press for disengagement of troops as soon as possible in all the remaining friction points besides seeking resolution of issues in Depsang Bulge and Demchok.

RBI to lower ceiling on bank loans to a single corporate group

RBI to lower ceiling on bank loans to a single corporate group

Rediff.com22 Aug 2014

Two straight years of less than 5 percent economic expansion have led to a surge in bad loans for Indian lenders.

Congress manifesto to focus on jobs, farm and banking reforms

Congress manifesto to focus on jobs, farm and banking reforms

Rediff.com13 Mar 2019

The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.

Big Tech invests $1.82 bn in Indian startups so far this year

Big Tech invests $1.82 bn in Indian startups so far this year

Rediff.com8 Nov 2021

Their startup investments number 13 so far, compared to 17 deals in 2020.

India tough place to do biz; more reforms needed, says World Bank

India tough place to do biz; more reforms needed, says World Bank

Rediff.com14 Sep 2015

India does not feature in the top 100 countries on eight of the 10 indicators of the World Bank study.

Mallya trial to hear evidence from political expert

Mallya trial to hear evidence from political expert

Rediff.com12 Dec 2017

The trial, which opened at the London court on December 4, is aimed at laying out a prima facie case of fraud against the 61-year-old embattled businessman, who has been based in the UK since March 2016.

Agnipath will make youngsters better citizens: Top commanders

Agnipath will make youngsters better citizens: Top commanders

Rediff.com15 Jun 2022

"Only time will tell us about that but I am quite sure that if a youngster who has, as you said, got brainwashed (into terrorism), joins the services under the scheme and stays with us for four years, I am sure he will be a different person and probably more of an Indian than a radical as you brought out," the air marshal told reporters.

Average wealth expectancy of affluent Indians is just Rs 3.6 cr: Report

Average wealth expectancy of affluent Indians is just Rs 3.6 cr: Report

Rediff.com18 Dec 2019

The average wealth expectancy of those in India with enough disposable income to save and invest is just Rs 3.6 crore and this would give them Rs 93,000 per month to live during retiremen. On an average, this would give the affluent class Rs 93,000 to live on per month during retirement, which is less than both their current income and wealth aspirations.

'Stock market was being sold false narrative for past few months'

'Stock market was being sold false narrative for past few months'

Rediff.com21 Apr 2022

'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.

Paying your tax will soon be as easy as swiping a card

Paying your tax will soon be as easy as swiping a card

Rediff.com25 Nov 2019

The government is planning to extend the electronic modes of tax payment to its own payments platform, Unified Payments Interface (UPI), credit cards of banks, or even a mobile wallet like Paytm.

National retail trade policy may include insurance plan for traders

National retail trade policy may include insurance plan for traders

Rediff.com10 Jan 2022

The Department for Promotion of Industry and Internal Trade (DPIIT) will soon start public consultation for a national retail trade policy, which is likely to include an insurance scheme aimed at providing financial protection against losses caused by theft, accidents or natural calamities. The policy will also spell out ways to give traders access to low-cost finance, promote digital inclusion, and create necessary infrastructure to support them, a senior government official told Business Standard. This is expected to offer relief especially to traditional traders, who are facing stiff competition from large e-commerce players.

Many firsts as Justice Chandrachud completes 100 days as CJI

Many firsts as Justice Chandrachud completes 100 days as CJI

Rediff.com16 Feb 2023

Chief Justice of India (CJI) D Y Chandrachud's first 100 days in office saw the Supreme Court take a giant leap towards reforms, especially making courts more technology-friendly, and ensuring relatively fast judicial appointments including those of eight judges to the apex court.

Venugopal Dhoot: From an industry leader to a defaulter

Venugopal Dhoot: From an industry leader to a defaulter

Rediff.com26 Dec 2022

Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of an aggressive small town businessman's pursuit to be on the top. Now arrested in connection with the ICICI Bank loan fraud case, Venugopal Dhoot during his heydays was not the one to simply sit on small achievements like Videocon becoming the largest television set manufacturer in India.

India to grow at over 7% in FY23, says CEA

India to grow at over 7% in FY23, says CEA

Rediff.com20 Sep 2022

Chief economic advisor V Anantha Nageswaran on Tuesday said Indian economy will grow at over 7 per cent, down from above 8 per cent of growth rate projected in January. He, however, said that the economic momentum and the animal spirits are "unmistakable". "India's own growth rates have come off the projections made in January down to about 7-plus per cent for the current financial year," Nageswaran said speaking at Global Fintech Fest event in Mumbai.

Home loans for NRIs

Home loans for NRIs

Rediff.com28 Dec 2009

Indians living abroad are equally eligible for housing loans from banks here but with some riders.

Ahead of mega-IPO plans, Indian unicorns eye new business

Ahead of mega-IPO plans, Indian unicorns eye new business

Rediff.com8 Oct 2020

A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.

Foreign companies' interest in India fades, shows data

Foreign companies' interest in India fades, shows data

Rediff.com19 Aug 2022

George Acland from Great Britain ran a coffee plantation in Sri Lanka and set up India's first jute mill in 1855. He raised capital and imported the machinery for the mill on the banks of the Hooghly in West Bengal. His company wasn't a great success, but his pioneering work paved the way for India to dominate the jute industry.

Sebi clearing MFs' NRI-aimed plans

Sebi clearing MFs' NRI-aimed plans

Rediff.com15 Nov 2003

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Rediff.com27 Jan 2023

Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.

BRICS Bank to keep borrowers' interest in mind, says Kamath

BRICS Bank to keep borrowers' interest in mind, says Kamath

Rediff.com9 Jul 2015

Kv Kamath has big plans as BRICS Bank chief.

Facebook's parent Meta to fire another 10,000 people

Facebook's parent Meta to fire another 10,000 people

Rediff.com14 Mar 2023

Facebook's parent company Meta announced on Tuesday it will fire another 10,000 people, implementing a second round of jobs cuts after it slashed 11,000 positions in November last year, to improve its financial performance in a "difficult environment". Meta founder Mark Zuckerberg said in a post that overall "we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven't yet hired." The company has said that in its "Year of Efficiency", the company aims to make itself "a better technology company and to improve our financial performance in a difficult environment so we can execute our long-term vision."

Sanctions may delay spares from Russia a little but no major impact: IAF

Sanctions may delay spares from Russia a little but no major impact: IAF

Rediff.com2 Mar 2022

However, the IAF will face difficulties for a month or two in getting spare parts for its defence equipment from Russia to India, he added.