Tata Motors to raise Rs 4,400 cr via NCDs this fiscal

Last Updated: Thursday, July 16, 2015, 22:55

Auto major Tata Motors has proposed to raise Rs 4,400 crore from Non-Convertible Debentures (NCDs) during the current fiscal to meet its expansion plan.

POSCO says to exit unprofitable businesses as weak steel demand caps profit growth

Last Updated: Wednesday, July 15, 2015, 13:53

South Korea`s POSCO said it would shut down unprofitable local and overseas businesses as part of a restructuring plan aimed at boosting profit growth in the world`s sixth-largest steelmaker as global demand for steel remains weak.

EU, IMF, ECB, eurozone chiefs to speak today on Greece

Last Updated: Friday, July 10, 2015, 16:49

Commission spokesman Margaritis Schinas told a press conference that Jean-Claude Juncker, Christine Lagarde, Mario Draghi and Jeroen Dijsselbloem would discuss the plan in a conference call at 1100 GMT.

Deadline day for 'last chance' Greece bailout plan

Last Updated: Thursday, July 9, 2015, 14:56

Prime Minister Alexis Tsipras vowed yesterday that his country's new plan asking for billions in euros would contain "concrete proposals, credible reforms, for a fair and viable solution".

Greece eyes midnight deadline for badly needed new bailout plan

Last Updated: Thursday, July 9, 2015, 09:45

Greek Prime Minister Alexis Tsipras vowed on Wednesday to present "credible" plans to seal more emergency loans from his exasperated European creditors ahead of a summit of all 28 EU leaders on the debt crisis on Sunday.

India to roll out $20 billion food welfare plan by December

Last Updated: Tuesday, July 7, 2015, 19:57

India will roll out its multi-billion dollar food welfare plan by December, the food minister said, allowing 67 percent of its 1.2 billion people access to cheap rice and wheat.

ECB set for emergency talks as `Grexit` looms

Last Updated: Sunday, June 28, 2015, 16:36

The European Central Bank was set to hold emergency talks Sunday on whether to keep or cut its financial lifeline to Athens, as France warned of a "real risk" Greece will leave the euro.

HDFC Securities to open 50 branches, add 4 lakh customers this fiscal

Last Updated: Sunday, June 28, 2015, 15:59

"With increase in distribution and expanded customer base we (will) still be able to reach 65-70 percent level through mobile and website," Relli added.

Credit-deposit ratio in Bengal rises by one percent

Last Updated: Saturday, June 27, 2015, 21:20

P. Srinivas, United Bank of India managing director and CEO and SLBC chairman in Bengal, said the agricultural disbursement under the Annual Credit Plan during 2014-15 stood at Rs.23,327 crore, which was an increase of 12.9 percent over last year.

HDFC Bank launches 10-second personal loan disbursement scheme

Last Updated: Thursday, June 18, 2015, 15:22

Country's second-largest private sector lender, HDFC Bank on Thursday launched a 10-second paperless instant loan plan for its existing customers.

NITI Aayog holds consultations on innovation, entrepreneurship

Last Updated: Wednesday, June 17, 2015, 21:32

As part of its efforts to promote innovation and entrepreneurship, NITI Aayog on Wednesday held consultations with top officials of various departments and ministries.

Adani's plan to deliver $250 million benefits to traditional owners

Last Updated: Wednesday, June 17, 2015, 14:49

India's mining giant Adani Group has launched an Indigenous Participation Plan (IPP) that could deliver benefits worth 250 million dollars over the next 30 years to the traditional owners who are opposing the company's 16.5 billion dollar project in Australia's Queensland state.