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L&T Finance sacks over 500 employees citing poor performance

02-05-2016| Source:PTI

Leading non-banking lender L&TFinance Holdings, which used to have major presence in ruralareas but has of late been scaling down exposure to thedistress in the hinterlands, has given pink slip

India can save $50 bn if logistics costs are lowered: Study

02-05-2016| Source:PTI

Growth in logistics sector would imply improved service delivery and customer satisfaction, leading to growth in exports of Indian goods and potential to create job opportunities.

Improvement in logistics to boost exports: Nitin Gadkari

30-04-2016| Source:PTI

"Reducing logistics cost can boost exports 1.5 times in the country besides leading to faster economic development," Road Transport and Highways Minister Gadkari said addressing the second

Vodafone appoints 6 investment banks for $3bn India IPO  

29-04-2016| Source:CNBC-TV18

While Bank of America Merrill Lynch (BofAML), UBS and Kotak are learnt to have been selected as global co-ordinators, Deutsche Bank, HSBC and ICICI Securities are likely to be the Book Running Lead

FIPB ups Axis Bank FPI limit to 74%; to lead to Rs 13k cr inflow  

29-04-2016| Source:CNBC-TV18

The Foreign Investment Promotion Board (FIPB) has hiked the foreign portfolio investor (FPI) limit in Axis Bank from 62 percent earlier to 74 percent.This is expected to lead to foreign

Macro economic data points to yen weakening:UBS  

28-04-2016| Source:CNBC-TV18

In view of the decisions taken by the BoJ on holding off stimulus and keeping rates unchanged, UBS' Hartmut Issel feels this may lead to a rate hike by the US Federal Reserve by September.

Freecharge appoints Fareed Jawad as VP Payments

28-04-2016| Source:PTI

In his new role, Jawad's mandate will be to build payments technologies at Freecharge. In addition, he will lead the efforts on building technologies for solving the unique payments problems in India.

Samsung holds lead in flat global smartphone market

28-04-2016| Source:PTI

market saw its slowest growth on record of 0.2 percent, with shipments totalling 334.9 million.South Korean giant Samsung maintained its lead over US-based Apple, while Chinese-based Huawei strengthened

Oil prices jump on weak dollar, strong investor appetite

27-04-2016| Source:Reuters

Beyond strong investment appetite from financial traders, analysts said crude was receiving support from a falling dollar, which has shed 5 percent in value against a basket of other leading

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