Deutsche Bank co-CEOs have offered to resign: Source

Last Updated: Sunday, June 7, 2015, 19:15

Deutsche Bank declined to comment on the resignation offers. Jain did not respond to a message left on his phone. Supervisory board chairman Paul Achleitner could not be reached for comment.

Despite muted growth, MFs bullish on global equity funds

Last Updated: Sunday, June 7, 2015, 16:39

"We do believe that principal reason behind international equity funds not picking up currently is the differential tax treatment," JP Morgan Asset Management managing director and chief executive Nandkumar Surti told PTI, adding, "we keep giving representation on the issue to the government seeking a level playing field.

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

Last Updated: Wednesday, June 3, 2015, 17:18

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

Myntra ties up with Dassault to cut costs

Last Updated: Wednesday, June 3, 2015, 15:42

"Dassault Systemes"`my collection for fashion` solution will help us bring exciting products faster to our consumers. We are aligned with the vision of the company for future roadmap of 3D technology for an enhanced user experience," he added.

Equity ETFs AUM soars nearly 5-fold to Rs 4210 cr since Mar'14

Last Updated: Tuesday, June 2, 2015, 19:16

Indicating growing investor interest in capital markets, the average assets under management of equity-based exchange traded funds (ETFs) on the NSE has grown nearly five times to Rs 4,210 crore in the quarter ended March over the same period last year.

PDMA: Rajan denies disconnect with Finance Ministry

Last Updated: Tuesday, June 2, 2015, 16:23

Asserting that Finance Minister Arun Jaitley is on the same page as him on creating a public debt management agency (PDMA), RBI Governor Raghuram Rajan on Tuesday said it would be unwise to move things away from the Reserve Bank without discussions and disrupt a smooth-functioning market for "hypothetical gains".

IGATE sold off domestic IMS biz before buyout by Capgemini

Last Updated: Tuesday, June 2, 2015, 11:54

Days before IGATE was acquired by French IT giant Capgemini, the US-based firm sold off its domestic infrastructure management services (IMS) operations to India's MindSquare Technologies for about USD 5 million.

Companies shifting to 'regular feedback' from annual appraisals

Last Updated: Monday, June 1, 2015, 16:20

The Performance Management Report published by the Top Employers Institute was based on a global HR Best Practices Survey among 600 companies in 99 countries.

Jalan panel on expenditure management to submit report by December

Last Updated: Thursday, May 28, 2015, 15:05

The Expenditure Management Commission set up by the government to suggest ways to rationalise subsidies will submit its final report by December 2015, its Chairman Bimal Jalan said on Thursday.

Govt in talks with RBI on public debt agency: Arun Jaitley

Last Updated: Friday, May 22, 2015, 13:12

Finance Minister Arun Jaitley said on Friday the government was in consultations with the Reserve Bank of India on setting up an independent public debt management agency (PDMA).

Deutsche Bank shifts power to co-CEO Anshu Jain in board reshuffle

Last Updated: Thursday, May 21, 2015, 09:52

Deutsche Bank reshuffled its management board late on Wednesday, consolidating restructuring authority under co-Chief Executive Anshu Jain while bidding farewell to its retail banking head Rainer Neske.