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November 6, 2014 7:26 AM
To prevent rising cheque-related fraud cases, the Reserve Bank of India has asked banks to alert the account holders by a phone call and contact the base branch in case of non-home cheques before clearing suspicious or high value payments. The RBI also asked banks to send an SMS alert to payer or dr...
November 6, 2014 7:00 AM
The Securities Appellate Tribunal (SAT) has allowed realty giant DLF to redeem mutual funds worth 1,806 crore rupees to meet working capital needs and service debt payments. The DLF had sought permission to redeem money locked in mutual funds after being slapped with market regulator SEBI's...
November 5, 2014 9:10 PM
In a major interim relief to DLF, the Securities Appellate Tribunal (SAT) today allowed the realty giant to redeem mutual funds worth Rs 1,806 crore to meet working capital needs and service debt payments. The DLF had sought permission to redeem money locked in mutual funds after being slapped with ...
November 5, 2014 8:53 PM
Finance Minister Arun Jaitley today said, international investors have started viewing India as a global investment destination. Speaking at a three day World Economic Forum Summit in New Delhi, he said India had fallen off global radar and now people are getting convinced that it is a place to inve...
November 5, 2014 8:28 PM
In a major interim relief to DLF, the Securities Appellate Tribunal (SAT) today allowed the real estate company to redeem mutual funds worth Rs 1,806 crore to meet working capital needs and service debt payments. DLF had sought permission to redeem money locked in mutual funds after being slapped wi...
November 5, 2014 5:44 PM
Finance Minister Arun Jaitley today said that reforms is not about one sensational idea and it will take a lot of time to rectify the economy. Speaking at World Economic Forum's India Summit in New Delhi today Mr Jaitley said that he is satisfied with the beginning the NDA government has ma...
November 5, 2014 9:37 AM
Crude oil prices have hit a four-year low after Saudi Arabia unexpectedly cut the price of oil sold to the US. Brent crude fell to near 82 dollar a barrel as worries about global growth also spooked investors. Earlier, the European Commission reduced its growth forecasts for the eurozone. Investors ...
November 5, 2014 7:06 AM
A World Bank official has said that India's ranking in the ease of doing business list will improve if it includes the best practices followed at the state level. India's position in the recent ranking had slipped to 142 among 189 countries, as against 134 last year. The latest ran...
November 5, 2014 7:02 AM
Finance Minister Arun Jaitley has said that companies are expected to pump in as much as Rs 14,000 crore for Corporate Social Responsibility activities in 2014-15. Addressing India Social Entrepreneur award ceremony in New Delhi yesterday, Mr Jaitley said the amount will increase in the subsequent y...
November 4, 2014 10:15 PM
Finance Minister Arun Jaitley has said that companies are expected to pump in as much as 14,000 crore rupees for Corporate Social Responsibility activities in 2014-15. Addressing India Social Entrepreneur award ceremony in New Delhi today, Mr Jaitley said that the amount will increase in the subsequ...
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