Last Updated: Saturday, March 28, 2015, 18:22
With an aim to reduce risk in the banking sector, RBI has proposed to limit exposure of a bank to a business group to 25 percent of its capital, down from the existing level of 55 percent.
Last Updated: Sunday, March 22, 2015, 11:36
Online retailer Myntra will introduce 5-6 new brands of apparels and accessories over the next six months as it looks to increase revenue share from the higher-margin, in-house labels.
Last Updated: Tuesday, March 3, 2015, 22:33
Facing a possible sale of its Grosvenor House hotel in London by lenders, Sahara Tuesday said it is working on a refinancing transaction to repay the loans to Bank of China and regain control of the iconic property.
Last Updated: Tuesday, March 3, 2015, 17:44
In a fresh twist to crisis-hit Sahara Group's efforts to raise funds, its iconic hotel property Grosvenor House, estimated to be worth over Rs 5,000 crore, has been put on sale by lenders.
Last Updated: Friday, February 27, 2015, 17:42
US exports registered a record $2.35 trillion last year, with Texas, California, Washington and Illinois the major exporting states, the White House announced.
Last Updated: Tuesday, February 24, 2015, 17:24
Clamping down on Vijay Mallya-led UB Group to recover loans, a 17-bank consortium led by state-run SBI on Tuesday took over possession of the prized Kingfisher House, estimated to be worth Rs 100 crore.
Last Updated: Friday, February 6, 2015, 04:49
The White House is working with a Republican congressman on the U.S. House of Representatives` leadership team and Democrats in both the House and Senate on a bill to protect data collected from students through educational apps.
Last Updated: Sunday, February 1, 2015, 21:04
President Barack Obama`s fiscal 2016 budget would impose a one-time 14 percent tax on some $2 trillion of accumulated US corporate profits earned abroad and set up a 19 percent tax on future foreign earnings, a White House official said on Sunday.
Last Updated: Tuesday, January 20, 2015, 18:49
Looking to garner funds to secure bail for its Chairman Subrata Roy, Sahara Group is in advanced stages of tying up a financial package worth nearly USD 2 billion (over Rs 12,000 crore) from US-based Mirach Capital Group.
Last Updated: Friday, January 16, 2015, 13:15
Kuwait-based Global Investment House (Global) has announced that the Mayur Hedge Fund, a growth oriented fund with a net long bias, has reported 61 per cent return for the year 2014.
Last Updated: Tuesday, January 13, 2015, 21:19
Foreign fund house Oppenheimer today offloaded more than 59 lakh shares of consumer products firm Marico Ltd for an estimated Rs 189.14 crore through the open market route.
Last Updated: Tuesday, January 6, 2015, 05:40
The US House of Representatives will vote Friday on a bill authorising construction of the Canada-to-US Keystone XL oil pipeline, currently blocked by Democrats but a priority in the new Republican Congress.
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