SBI sends notice to Kingfisher Airlines

Wednesday 10 April '13

Kingfisher owes over Rs 7,000 crore to a consortium of 17 lenders led by SBI.

SBI sends notice to Kingfisher

Wednesday 10 April '13

State Bank of India (SBI) has sent Kingfisher Airlines a legal notice to recover its loans, bankers said on Tuesday.

Credit growth slows to 15.2% in Jan

Wednesday 13 March '13

Agriculture is the only segment where credit growth has drastically improved in the last few months.

Aurizon to buy 51% in GVK Hancock''s rail, port projects

Tuesday 12 March '13

GVK Coal Infrastructure (Singapore) or GVK Hancock, which is developing the Hancock coal project in Australia, has signed an agreement with rail freight firm Aurizon

FinMin sends IKEA''s FDI proposal to Cabinet

Thursday 28 February '13

"One proposal viz Ingka Holding Overseas BV, amounting to Rs 10,500 crore, has been recommended for the consideration of CCEA," said an FIPB statement.

Irda bans life cover with highest NAV guarantee

Tuesday 19 February '13

Insurance Regulatory and Development Authority (Irda) will ban highest net asset value (NAV) guaranteed life insurance products and put out this notification shortly

Pre-Budget consultations: FM to meet Congress leaders

Thursday 14 February '13

Finance minister P Chidambaram will hold pre-Budget consultations with Congress leaders here on Thursday amid expectations that partymen will pitch for measures

Mukund Rajan new Tata spokesperson

Thursday 7 February '13

In the first major executive changes in the Tata Group after Cyrus Mistry took over as chairman in December, Tata Sons, the group holding company

Jet''s 24% stake sale deal with Etihad today

Friday 1 February '13

Jet Airways is likely to sign a term sheet and announce a 24 per cent stake sale to Abu Dhabi''s Etihad Airways on Friday, sources said

Briefly Business: Govt sends Rs 23K cr demand to telcos for excess spectrum

Thursday 10 January '13

Govt sends Rs 23K cr demand to telcos for excess spectrum

Kingfisher staff seeks firm''s closure

Thursday 10 January '13

We want the company to spell out a payment schedule for our salary dues.

'M&M to invest over Rs 7,000 cr in four years''

Thursday 10 January '13

About $900 million (Rs 4,930 crore), will go into its South Korean subsidiary, Ssangyong.

The milky way

Sunday 30 December '12

Amul. As soon as someone mentions this name, the image that flashes through your mind''s eye is of the Amul moppet casually commenting on some issue

A friendly world

Sunday 30 December '12

At the end of the day, it is the top-of-mind recall which actually works for a brand and who knows this better than Airtel

Asset quality on the wane: RBI

Saturday 29 December '12

The report projects that bank NPAs could rise to 4 per cent by March-end and 4.4 per cent by March 2014.

Car prices to rise by up to 3% from January

Friday 7 December '12

Market leader Maruti will increase prices by a maximum of Rs 20,000 across its model range that includes seven small cars, while Toyota Kirloskar has announced a hike of up to 1-2 per cent.

Irda bars insurers from hiking renewal premium after claims

Thursday 4 October '12

Insurance companies will not be allowed to load charges on an individual medical insurance policy that is being renewed, even if the policyholder has made a claim

Briefly Business: No tax relief for restructured loans: CBDT

Tuesday 25 September '12

The Central Board of Direct Taxes on Monday clarified that the concessional 5 per cent tax on interest paid on foreign loans taken by infrastructure sector

Gold hits fresh peak of Rs 32,300 in Delhi

Friday 7 September '12

Gold prices gained 2 per cent per cent in Delhi in the past three days and 5 per cent in the last two weeks.

EGoM proposes base price for 2G auction

Tuesday 24 July '12

The inter-ministerial panel on telecom, at its meeting, proposed a base price of Rs 14,111 crore for the 5-Mhz 2G spectrum in the 1,800-Mhz band in the upcoming auctions

Exports drop 2% in Q1, says Sharma

Friday 13 July '12

Subdued demand for merchandise in Western markets led to a 2 per cent decline in India''s exports in the first quarter of the current fiscal, commerce and industry minister Anand Sharma said

Iron ore supply to ease as 8 Karnataka mines reopen this month

Thursday 5 July '12

Eight Karnataka iron ore mines will resume operations by the end of July, possibly adding around 5.5 million tonnes per annum and easing some supply constraints

Inflation to soften by end-Sept: Basu

Wednesday 4 July '12

Chief economic advisor Kaushik Basu has prescribed renewed policy measures, including infrastructure boost and less government borrowing, and allowing the private sector to play a key role in the revi...

Briefly Business: Pawar to head eGoM to decide on 2G auctions

Saturday 30 June '12

Agriculture minister Sharad Pawar will now head the empowered group of ministers tasked with deciding the modalities of the upcoming spectrum auctions

Briefly Business: Govt may announce sops today for exporters in FTP

Tuesday 5 June '12

The government may announce sops like interest subsidy for labour intensive sectors such as textiles and carpets in the Foreign Trade Policy to provide them cushion against the global slowdown