Sebi orders 4 SKIL Infra promoters to partially divest stake

Last Updated: Thursday, March 5, 2015, 18:49

Sebi today directed four promoters of Pipavav group firm, SKIL Infrastructure to partially sell their stake within three months for violating takeover norms and deposit the resulting proceeds with investor protection fund.

Educate youth on credit culture: RBI to banks, credit bureau

Last Updated: Tuesday, March 3, 2015, 19:13

Stating that bad loans from education segment are very high, Reserve Bank deputy governor R Gandhi on Tuesday asked credit information companies (CICs) and banks to 'counsel' the youth on good credit behaviour.

PSBs should look at alternatives beyond govt infusion: RBI

Last Updated: Tuesday, March 3, 2015, 13:56

Welcoming the government's move to selectively allocate capital to lenders, Reserve Bank deputy governor R Gandhi on Tuesday said PSBs will have to look at alternatives beyond the Centre's support for raising money going forward.

Industrial units shutdown hit 6,400 workers in last 3 yrs:Govt

Last Updated: Monday, March 2, 2015, 16:36

Closure of industrial units have affected over 6,400 workers in different parts of the country in the last three years, the government said today.

High attrition norm in banking: RBI

Last Updated: Friday, February 20, 2015, 11:54

High attrition norm in banking: RBI

Delhi airport ranked best in ACI award; Mumbai's in top 5

Last Updated: Tuesday, February 17, 2015, 21:33

Indira Gandhi International Airport won the annual Airport Service Quality (ASQ) award, which recognises and rewards the best airports in the world based on Geneva-based ACI's ASQ passenger satisfaction survey.

Gandhi hails new recapitalisation plan for PSBs

Last Updated: Monday, February 9, 2015, 19:07

Reserve Bank Deputy Governor R Gandhi today welcomed the government's move to give priority for well-performing banks in capitalisation, saying it is the "right message" for improving efficiency of lenders, and flagged concerns over the rising NPAs in the system.

DIAL raises $289 mn in junk bond sale at 6.12% coupon

Last Updated: Wednesday, January 28, 2015, 18:12

Delhi International Airport (DIAL), which operates the nation's largest Indira Gandhi International Airport in the national capital, has raised USD 288.75 million by selling high yielding secured bonds to international investors.

Narayana Murthy donates 200,000 pounds for UK Gandhi statue

Last Updated: Tuesday, January 27, 2015, 19:28

Infosys co-founder Narayana Murthy and his family have donated 200,000 pounds towards the statue of Mahatma Gandhi planned for Parliament Square here, helping in meeting the budget target of 750,000 pounds for the project.

RGUMY being revamped to push MSME sector growth

Last Updated: Friday, December 26, 2014, 20:15

The Rajiv Gandhi Udyami Mitra Yojana (RGUMY), which has been renamed as the Business Accelerator and Start-up Programme, is being revamped to generate more employments and speed up growth in the MSME sector.

No RTI on restructuring of corporate debt: CDR cell of RBI

Last Updated: Wednesday, December 24, 2014, 18:25

Corporate Debt Restructuring cell of Reserve Bank of India, which has eased loan repayment worth Rs 3.7 lakh crore for top-end businessmen of the country, has refused to reply to an RTI query about its operations saying transparency law does not apply on it.