The countries where the LRs would be sent include Belgium, Hong Kong, Switzerland, the United States, the United Kingdom, Dubai, Singapore and South Africa.
India Gas Solutions is a 50:50 joint venture company of Reliance Industries Limited (RIL) and BP International Limited (BP) in the business of marketing gas and LNG in India.
The Memorandum of Understandings were a follow-up action to the meeting Reliance Industries Limited Chairman Mukesh Ambani had with Chief Minister N Chandrababu Naidu in Amaravati on February 13.
SBI chairman said that despite availability of technology at the bank the volumes were not high as sometimes these e-commerce players themselves provide funds to their lenders, which affects the volumes for the banks.
The move is aimed at meeting demands from the automotive sector, which is trying to slash the weight of cars to cut emissions.
The bank is one of the worst-affected in the private sector after the Reserve Bank’s asset quality review, which led to a huge increase in bad loans over the past two years.
Aferpi makes specialty long products for railways, bars for auto industry parts, earthmoving vehicles, among others and is the second largest steel maker in Italy.
The company expects the air conditioner (AC) segment to be a growth driver and aims to increase its overall market share in the segment to 8 percent from 5 percent at present.
Surat is considered as the world's largest diamond cutting and polishing hub and largely depends on credit for survival.
Analysis of GSTN data show that in a large number of cases, the refund claimed by an exporter is higher than the GST paid by him and consequently, the information filed by exporters is not forwarded to Customs by GSTN.
Rattled by a spate of frauds in the banking sector, lenders are now planning to increase insurance cover against delinquencies by their employees to protect their bottomlines.
Stating that the bid of Liberty House was submitted before the bids for Bhushan Power and Steel were opened, the company said that nothing unfair has happened.
According to a senior official, the government is awaiting for closure of Vodafone and Idea mobile tower sale transaction with American Tower Corporation.
In his annual letter to Berkshire shareholders, Buffett said finding things to buy at a "sensible purchase price" has become a challenge and is a major reason Berkshire is awash with $116 billion of low-yielding cash and government bonds.
A clear understanding of your cash flow requirements helps you achieve effective asset allocation for your financial goals.
SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1, in compliance with wider ring-fencing of capital requirements by the Bank of England.
The Indian industry called for better control systems to check financial frauds and also suggested gradual reduction in government holding in PSBs.
The country having close to 300 million acres of arable land faces a unique task of feeding its 1.4 billion people.
According to the global financial services major, the inflation trajectory will hold the key towards determining when the central bank will likely hike interest rates.
Berkshire Hathaway's annual shareholder meeting is akin to a pilgrimage to financial advisors and investors. It is also equally interesting for children for the lineup of cartoon characters and food to keep them entertained as their parents look forward to Warren Buffett's financial advice.
As per the latest World bank's Doing Business ranking, India's position improved by 30 places to 100th. The government wants India to figure within top 50 in the coming years.
The move, which would not just help attract foreign investment but also bring in efficiency and promote competition, follows government's decision of opening up the coal sector to commercial mining by private entities.
The company has now agreed to do just the upstream field development part, leaving the marketing of the fuel to Iran.
Tech Mahindra has set up a lab in Bengaluru in association with US chipmaker Intel as part of its preparedness for 5G services expected to be rolled out by 2019, said a top executive of the IT firm.
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