Bank of India cuts lending rate by 0.25%

Last Updated: Saturday, May 2, 2015, 15:14

The new rate will come into effect from May 4.

Bank of Japan holds fire on stimulus despite tepid inflation

Last Updated: Thursday, April 30, 2015, 09:55

The BOJ left unchanged its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 80 trillion yen ($672 billion) through purchases of government bonds and risky assets.

Bank of India hints at 10-25 bps cut in base rate

Last Updated: Friday, April 24, 2015, 18:53

State-owned lender Bank of India on Friday indicated 10-25 basis points reduction in its base rate shortly.

Telecom Commission sends back spectrum sharing/trading norms to Trai

Last Updated: Wednesday, April 22, 2015, 13:18

Inter-ministerial panel Telecom Commission (TC) on Wednesday decided to send back Trai proposals on spectrum sharing and trading guidelines as it seeks more clarification on certain issues.

IDBI looking at FPO to shore up capital base

Last Updated: Tuesday, April 21, 2015, 15:58

Public sector lender IDBI Bank on Tuesday said it is awaiting correct valuation before coming out with a follow-on public offer, which will help it shore up its capital base.

IDBI looking at FPO to shore up capital base

Last Updated: Tuesday, April 21, 2015, 15:06

Public sector lender IDBI Bank on Tuesday said it is awaiting correct valuation before coming out with a follow-on public offer, which will help it shore up its capital base.

NTPC to bring uniformity in procurement process for plants

Last Updated: Friday, April 17, 2015, 19:59

State-run power major NTPC, under a new business initiative, has decided to expand vendor base and bring uniformity in procurement process of materials and services at all its plants.

No factory for old men - Hyundai Motor seeks to end seniority-based pay

Last Updated: Friday, April 17, 2015, 06:09

In a bid to curb rising domestic labour costs, Hyundai Motor Co <005380.KS> is seeking to base wages on merit not seniority in an overhaul of a decades-old salary system that puts the South Korean firm on a collision course with its activist union.

Govt infuses Rs 6,690 crore in nine PSBs in FY 2015

Last Updated: Wednesday, April 1, 2015, 18:05

The government has pumped in Rs 6,690 crore in nine public sector banks, including SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Syndicate Bank for the fiscal ended March 31, 2015 to strengthen their capital base.

Lead futures decline on subdued spot demand

Last Updated: Wednesday, March 25, 2015, 13:30

Lead prices eased by 0.78 percent to Rs 114.65 per kg in futures trade Wednesday as speculators trimmed positions on weakness in base metals overseas and subdued domestic spot demand.

MF equity folio count up by 20 lakh during Apr-Feb

Last Updated: Monday, March 16, 2015, 14:56

Equity mutual funds witnessed an addition of 20 lakh investor accounts or folios during the April-February period of the current fiscal (2014-15) on account of a sharp rally in stock markets.

State Bank of Travancore cuts base rate to 10.15 per cent

Last Updated: Monday, March 9, 2015, 14:17

State Bank of Travancore (SBT) today became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.