Foreign investors are believed to have accounted for majority of the bids totalling over 10.5 crore (105 million) shares for MUL's maiden public offer.\n
In a bid to provide assistance to fashion designers, the Small Industries Development Bank of India will create a Rs 50 crore (Rs 500 million) corpus to lend to the sector.
GE and Bechtel have put forward a three-pronged strategy to the Indian lenders, led by the Industrial Development Bank of India, to restart Phase I and complete Phase II of the $3 billion Dabhol project.
Says Make in India could only succeed with Make in UP, given large sized population and market the state offers
M Damodaran, chairman and managing director of UTI Asset Management Company, and administrator of UTI's specified undertaking, on Wednesday assumed the office of the CMD of Industrial Development Bank of India as a temporary measure.
The aim is to raise funds to save the St John Baptist church in suburban Andheri.
The government is working on a proposal of a mega merger of country's three leading financial institutions IDBI, IFCI and IIBI.
The Small Industries Development Bank of India will soon ink a strategic tie-up agreement with a commercial bank for extending direct credit facilities to the small-scale sector.
The Industrial Development Bank of India will be merged into its subsidiary IDBI Bank, in a reverse merger on similar lines as the merger of ICICI into its subsidiary ICICI Bank.
Punjab government on Friday approved the bid made by Commonwealth Development Corporation, a wholly owned investment institution of the British government, to buy Punjab State Industrial Development Corporation's 23.49 percent share in Punjab Tractor
Indian textiles industry needs to restructure itself by evolving manufacturing and marketing strategies to take advantage of the likely addition of a $100 billion to world textiles trade, once the quota regime under WTO ends in 2004.
A total of 3,696 allottees pertaining to group housing, commercial department, industrial department, institutional department and residential plots are defaulters.
Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.
On the Digital India initiative, Pichai said India was undergoing its own revolution
The decision was taken in the meeting of the Board of Approval headed by Commerce Secretary Rajeev Kher on September 18.
The board would take a decision on these applications on February 20.
'Gandhi turned his life into a counter-intuitive experiment in old ideas like non-violence and swadeshi.' 'He offered numerous universal ideas that talk to the human condition.' 'His ability to take risks was outstanding,' says Sopan Joshi, explaining why the Mahatma's ideas are as relevant as ever.
The corporate debt restructuring programme, initiated by the Industrial Development Bank of India and 59 other banks and financial institutions in the country, has been progressing well with 29 cases being registered.
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
Four Sukhoi jets flew down from Bareilly and four Mirage 2000s from Gwalior and skimmed the six-lane highway in simulated landings, a first for any road inauguration event.
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