India Posts payments bank to launch by March 2017: Prasad
Mar 22, 2016 at 15:59 | Source:
New Delhi: Payments bank of Department of Posts is likely to become operational by March 2017, Communications and IT Minister Ravi Shankar Prasad said today."Very soon by March next year we are going to bring in payments bank of the Postal depar...
Wall Street flat as Fed still dominates investor sentiment| Reuters
Mar 22, 2016 at 01:15 | Source:
New York Wall Street traded flat on Monday as investors searched for fresh catalysts and grappled with mixed feelings about the U.S. Federal Reserve's dovish move last week that pushed the S&P 500 and Dow into positive territory for the year. U.S...
Marriott wins back Sheraton-owner Starwood with new offer| Reuters
Mar 22, 2016 at 00:45 | Source:
Starwood Hotels and Resorts Worldwide Inc (HOT.N), owner of the Sheraton and Westin brands, accepted a higher $13.6 billion acquisition offer from peer Marriott International Inc (MAR.O), spurning a bid from China's Anbang Insurance Group.The move dr...
Assam poll 2016: Gogoi and wife has movable assets worth Rs 99,83,739
Mar 21, 2016 at 20:57 | Source:
Guwahati: Assam Chief Minister Tarun Gogoi and his wife have movable assets worth Rs 99,83,739,while BJP chief ministerial candidate Sarbananda Sonowal, a bachelor, has movable assets worth Rs 70,44,919.Gogoi, contesting for the fourth consecutive te...
Govt likely to permit 100% FDI in 25 more segments of NBFCs
Mar 21, 2016 at 19:27 | Source:
New Delhi: Government is expected to propose 100 percent FDI in 25 more segments of NBFCs including commodity broking and infrastructure debt fund with a view to attract more foreign inflows.The proposal, according to sources, is based on the announc...
Starwood signs first U.S.-Cuba hotel deal since 1959 revolution| Reuters
Mar 20, 2016 at 11:30 | Source:
HAVANA Starwood Hotels & Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. President Barack Obama was due to visit H...
Married kin cannot be denied accident compensation, rules Madras HC
Mar 18, 2016 at 14:49 | Source:
Madurai: The Madras High Court on Fridayheld that excluding married daughters and siblings of those who succumb in motor accidents from claiming compensation for the death would be against the object of the Motor Vehicles Act.Dismissing an appeal fil...
Are you building a strong foundation for creating wealth?
Mar 18, 2016 at 12:48 | Source:
People who start saving for their future needs through investments often wonder the important things they need to do when they start investing. Interestingly, the answer lies in doing things that should precede investments in the first place. We are ...
Modi government's has a mixed record, experts tell US lawmakers
Mar 17, 2016 at 13:24 | Source:
Washington: Prime Minister Narendra Modi's government record after completion of over two years in power has been "mixed" as despite doing its best to roll out a red carpet for investors, it preferred caution over boldness, an American expe...
JPMorgan, Citi shareholders to vote on potential breakup plans| Reuters
Mar 17, 2016 at 04:15 | Source:
Shareholders of JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) will get to vote on whether their banks should consider breaking into smaller pieces.Citigroup included the question in a proxy statement it filed on Wednesday for its annual mee...