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Average Joes in the company

Oct 11, 2014 at 09:02 | Source: Calcutta Telegraph News

Mumbai, Oct. 10: N.R. Narayana Murthy and his band of four remaining Infosys co-promoters have decided to become average Joes in the company — giving up their exalted status 33 years after they established the company. The Infosys founders ...

Pre-orders for Apple iPhone 6 and iPhone 6 Plus shine on day one

Oct 08, 2014 at 09:41 | Source: Economic Times

NEW DELHI: Apple began taking pre-orders for its much-awaited iPhone 6 and iPhone 6 Plus in India on Tuesday, with confusion over pricing as well as the mode of bookings and a fierce war among largeformat retailers looking to lure potential buyers. T...

Pre-orders for Apple iPhone 6 and iPhone 6 Plus shine on Day One

Oct 08, 2014 at 03:11 | Source: Economic Times

NEW DELHI: Apple began taking pre-orders for its much-awaited iPhone 6 and iPhone 6 Plus in India on Tuesday, with confusion over pricing as well as the mode of bookings and a fierce war among largeformat retailers looking to lure potential buyers. ...

Padmanabhan figures in CBI inquiry, Sebi removes him as CVO

Sep 27, 2014 at 13:17 | Source: Economic Times

MUMBAI | NEW DELHI: Capital market regulator Securities Exchange Board of India (Sebi) on Friday removed its chief vigilance officer (CVO), RK Padmanabhan, after his name figured in a preliminary inquiry by CBI. The agency is probing his role in a S...

S P ups outlook Rating revision linked to real GDP growth

Sep 27, 2014 at 04:22 | Source: Calcutta Telegraph News

New Delhi, Sept. 26: India regained its “stable” outlook from Standard and Poor’s on Friday, more than two years after an embarrassing downgrade, in a validation of Prime Minister Narendra Modi’s ambitious agenda of economic ...

ISRO's Mars Orbiter Mission best boost for Make in India: Corporate chieftains

Sep 25, 2014 at 17:51 | Source: Economic Times

NEW DELHI: Lauding the country's successful Mars mission, India Inc today said that it is easily the best example of 'Make in India', a campaign launched by Prime Minister Narendra Modi to encourage the domestic manufacturing industry. "What better i...

State Bank splits stock into 10

Sep 25, 2014 at 04:47 | Source: Calcutta Telegraph News

Mumbai, Sept. 24: The State Bank of India today joined a growing list of companies by announcing a stock split. At a board meeting today, the country’s largest bank decided to sub-divide its share of a face value of Rs 10 each to 10 shares of ...

Coal: Banks with Rs 1 lakh crore exposure sitting on mine of worries

Sep 24, 2014 at 20:47 | Source: Economic Times

NEW DELHI: The mass cancellation of coal blocks by the Supreme Court has sent banks in a jittery mode as they have extended over Rs 1 lakh crore loans to power plants that were fed by these mines. Almost all banks including country's largest lender ...

PNB stock split move

Sep 23, 2014 at 14:17 | Source: Calcutta Telegraph News

Mumbai, Sept. 22: Punjab National Bank (PNB) today joined the list of banks announcing stock spilts in a bid to improve the liquidity of its shares. The bank proposes to split its equity shares of face value of Rs 10 each into five shares of face va...

Sensex slips over 300 points, Nifty below 8050; top 20 intraday bets

Sep 23, 2014 at 14:17 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex slipped over 300 points in intraday trade on Tuesday tracking muted trend seen in other Asian markets. The fall in the index was led by losses in L&T, M&M, ITC and ICICI Bank. Tracking the momentum, the 50-share Nifty in...

Kotak, ICICI Bank showing positive signals: Mitesh Thacker

Sep 20, 2014 at 12:22 | Source: Economic Times

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on market outlook. ET Now: What pockets do you position yourself into next week and what is the view on how the key indices do the following week? Mitesh T...

Big bank help plan for small on loan

Sep 20, 2014 at 03:01 | Source: Calcutta Telegraph News

Calcutta, Sept. 19: The management committee of the Indian Banks’ Association (IBA) is likely to deliberate on a proposal to scrutinise big-ticket loans of smaller banks by major lenders at its meeting later this month. “There will be a ...

Credit spread with bank pacts

Sep 19, 2014 at 04:22 | Source: Calcutta Telegraph News

Mumbai, Sept. 18: Three top Indian banks today entered into agreements with their Chinese counterparts to facilitate the financing of products and services from Beijing. ICICI Bank and the State Bank of India have joined hands with the Export-Import...

ET 500: Five Nifty stocks will lead stock market rally from the front

Sep 16, 2014 at 11:47 | Source: Economic Times

Indian equity markets are scaling fresh highs as investors are pouring in funds once again. After a prolonged consolidation, Nifty has been rising to new highs. Experts believe the rally is likely to continue for the next three years. Here is a look ...

Funds transfer made easier

Sep 11, 2014 at 08:37 | Source: Calcutta Telegraph News

Mumbai, Sept. 10: ICICI Bank today launched a facility that will enable customers to transfer funds to any person without a bank account but with a mobile phone. Such a beneficiary can withdraw the transferred money from ICICI ATMs even without a de...

ICICI splits stock into 5

Sep 10, 2014 at 06:07 | Source: Calcutta Telegraph News

Mumbai, Sept. 9: ICICI Bank today decided to sub-divide its shares to make them more affordable. The stock split — one share will become five, of lower face value — is the first by the bank. “The board of directors of ICICI Bank ha...

Age cap set for private bank bosses

Sep 10, 2014 at 06:07 | Source: Calcutta Telegraph News

Mumbai, Sept. 9: Managing directors and chief executives of banks can stay on their jobs till they are 70 years, the RBI said. The RBI’s decision is good news for Aditya Puri, managing director of HDFC Bank, and Ramesh Sobti, managing director...

Eight Sensex blue-chips add Rs 52,277 cr in market valuation

Sep 07, 2014 at 17:07 | Source: Economic Times

NEW DELHI: Eight of the top 10 most valued Indian firms together added Rs 52,277 crore in market valuation last week, with TCS, CIL and RIL emerging as the biggest gainers. Barring ITC and ICICI Bank, rest eight companies including ONGC, Infosys, HDF...

RBI s inflation focus means interest rates won t change for 6 months: ICICI Bank CEO Chanda Kochhar

Sep 06, 2014 at 12:11 | Source: Economic Times

ICICI Bank, the country's largest private sector lender, has built a track record of riding the wave early during an upturn and making rapid course corrections during a slowdown. Even as the banking industry struggles with stressed loans, Chanda Koc...

My success lies in being able to balance the big and small: Chanda Kochhar

Sep 05, 2014 at 11:35 | Source: Economic Times

After breaking into the all male club that was the Top 10 of the India Inc's Most Powerful CEOs listing in 2010, Chanda Kochhar has remained there for the past four years as India Inc's No.1 woman CEO. In a list dominated by promoters, she is the cou...

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