Canara Bank net profit rises 152% in Q3

Tuesday, 29 January 2019 10:48
In a regulatory filing on the BSE, the city-based bank said interest earned for the quarter (Q3) under review grew 13 per cent year-on-year (YoY) to Rs 12,189 crore from Rs 10,775 crore in the like period a year ago.…

RBI Governor takes stock of banking sector

Monday, 28 January 2019 15:47
Das said the DFS held a periodic review meeting with the banks and he attended it to get their understanding of the current situation of the banks in general and public sector banks (PSB)in particular. “DFS has a periodic meetings……

Tata Steel subsidiary signs pacts with HBIS Group

Monday, 28 January 2019 15:46
“TSGH has executed definitive agreements with HBIS Group Co Ltd controlled entity to divest its entire equity stake in NatSteel Holdings Pte Ltd (‘NSH’) and Tata Steel (Thailand) Public Company Ltd. (‘TSTH’),” the steel maker said in a regulatory filing.…

Train 18 named Vande Bharat Express: Goyal

Monday, 28 January 2019 10:33
Speaking to reporters on the sidelines of an event here, Goyal said, “We wanted it (Train 18) to have a special identity that is connected to India and is venerated by 125 crore Indians. We crowdsourced the name suggestions, and…

Tourism-savvy Goa should have flying buses: Gadkari

Monday, 28 January 2019 10:30
Gadkari, who inaugurated a third bridge across the Mandovi river named “Atal Setu” on Sunday, also said that he was exasperated that his efforts to introduce water transport systems in Goa were not panning out, despite the immense potential to…

Road projects worth Rs. 50,000 crore sanctioned around Delhi: Gadkari

Sunday, 27 January 2019 10:27
The six-lane 31.3 km corridor will connect Akshardham to the Eastern Peripheral Expressway junction on Baghpat Road, an official statement reads. The alignment of the road will be from Akshardham – Geeta Colony – Shastri Park – Khazuri Khas –…

IRCTC introduces on-the-spot food bill generation on trains

Saturday, 26 January 2019 09:58
“Now passengers will be able to get bill generated on-the-spot on-board trains from Point of Sale (POS) hand-held machines for payment made towards the purchase of food items. “This will help in not only making the passengers aware of relevant…

India poised to become world’s 5th largest economy: Modi

Saturday, 26 January 2019 09:49
He was addressing the India-South Africa Business Forum organised jointly by Indian industry chambers CII, Ficci and Assocham in the presence of visiting South African President Cyril Ramaphosa. Modi also noted that India had risen to 77th place in the…

PNB’s $45 million fraud claim dismissed by English court

Friday, 25 January 2019 09:22
Zaiwalla & Co, the London-based international law firm representing eight of the defendants, argued that the bank had not made out an arguable case in deceit, that England was not the appropriate forum for the claim, that the Bank misled…

India, Mauritius review ties, cooperation in Blue Economy

Wednesday, 23 January 2019 09:54
India and Mauritius reviewed the entire gamut of their bilateral ties and discussed ways to further expand cooperation in areas like Blue Economy during a meeting between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth on the sidelines…