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Ownership norm: Existing pvt banks may get a breather
Ministry for applicability on prospective basis
IF the Government has its way, the ownership pattern of existing private sector banks might not have to undergo any major change on account of the proposed new norms on ownership pattern being framed by the RBI. The Finance Ministry feels that ...
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Europe emerges favourite for auto, pharma acquisitions
INDIA Inc is fast gaining a reputation as a global corporate raider. And domestic companies seem to have clearly identified their favourite hunting grounds. A look at major acquisitions by Indian corporates over the past two years shows the ...
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Over 400 stocks touch all-time high on BSE
THE Indian stock market seems to have entered a bullish mode as more than 400 stocks have touched their all-time high levels this year. This is almost 20 per cent of the stocks traded on the BSE regularly. What is interesting is that more than ...
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Shipping lines exempt from bank guarantees
THE Finance Ministry has exempted `shipping lines' from furnishing a bank guarantee for transhipment of export and import cargo from any of the gateway ports to feeder ports/inland container depots (ICDs)/container freight stations (CFS) and ...
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Banks lend farmers a hand to escape moneylenders' clutches
MONEYLENDERS have made the plot of many a novel and film and have been blamed for farmers' suicides in recent months. But this is a story of a knight in shining armour who has come to the rescue of farmers caught in the clutches of the village ...
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BSNL-Reliance Info spat has a security angle too
IS the Bharat Sanchar Nigam Ltd-Reliance Infocomm issue merely a bilateral one between the two parties to be settled by themselves, or is it a matter to be pursued by the Department of Telecommunications or other authorities? Officials, both ...
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