RBS looking to sell $5 billion Greek shipping loan business: Sources

Last Updated: Saturday, July 11, 2015, 09:07

For decades, RBS has been a top lender to the global shipping industry and its Greek office - with an estimated 60 staff members - has played a pivotal role.

Uber to set up biggest global office in Hyderabad with $50 mn investment

Last Updated: Monday, July 6, 2015, 18:02

Taxi-hailing app Uber will invest USD 50 million in Hyderabad over the next five years to establish a facility that will house hundreds of its employees and would be its biggest international office.

Facebook opens first Africa office

Last Updated: Monday, June 29, 2015, 23:37

Facebook announced today it had opened its first African office in Johannesburg as part of its efforts "to help people and businesses connect" on the continent.

China's top auditor warns of local government debt risk

Last Updated: Sunday, June 28, 2015, 17:28

Debt swaps, which allow local governments to convert their debt to low interest bonds, should also be carried out effectively and sensibly, Lou said, easing the debt burden without disrupting the broader economy.

Standard format for reporting bank fraud cases on anvil

Last Updated: Sunday, June 28, 2015, 15:40

"Information received from the banks are highly unstructured which makes mining of data contained in the statements very difficult. They also use different narrations for debit and credit entries which are sometimes very cryptic in nature, making it difficult to decipher the nature of transactions and hence the money trail," an official said.

Shriram Life eyes 25% new biz growth, to open 75 new offices

Last Updated: Friday, June 26, 2015, 19:18

Private insurer Shriram Life Insurance on Friday said it expects 25 percent growth in new business and plans to add around 75 new offices, most of them in western and northern India.

Prasad exhorts postal dept to aggressively market its products

Last Updated: Sunday, June 21, 2015, 20:44

Union Communications and IT Minister Ravishankar Prasad Sunday called on the postal department employees to aggressively market its products, including postal services, e-commerce, banking and insurance.

Caparo group to invest $150 mn in US commercial complex

Last Updated: Friday, June 19, 2015, 11:43

The announcement was made by Lord Paul, an NRI industrialist based in the UK, in the presence of Missouri Governor Jay Nixon.

Delhi's Connaught Place 5th most costliest prime office market in world

Last Updated: Thursday, June 18, 2015, 18:45

Delhi's Connaught Place has ranked fifth in the list of most expensive prime office markets in the world, owing to rupee depreciation.

Ambience eyes Rs 150 cr annual rent from new office building

Last Updated: Sunday, June 14, 2015, 15:24

The Delhi-based developer has constructed the tower with one million sq ft of leasable area and has already leased 2.5 lakh sq ft of office space to Panasonic India.

Air India closes its office at Kanpur

Last Updated: Thursday, June 4, 2015, 19:00

Air India has closed its office at Ahirwan airport here and transferred all employees to Lucknow, almost a year after the national carrier stopped flight services from Kanpur to New Delhi, a senior airport official said Thursday.

IT/ITeS corners lion's share of office space at 69%

Last Updated: Monday, May 25, 2015, 15:38

The property consultant said Bengaluru recorded the highest absorption at 3.77 million sq ft during the first quarter of 2015, out of 8.56 million sq ft leased in these cities.