Sebi proposes joint task force to check illicit money pooling

Last Updated: Wednesday, July 29, 2015, 18:07

To check the menace of illicit money-pooling activities of small unlisted companies, Sebi has proposed a joint task force of financial regulators and intelligence agencies to bring them under regulatory ambit.

NITI Aayog suggests national PPP policy

Last Updated: Friday, July 24, 2015, 21:37

NITI Aayog has suggested that a national public-private partnership (PPP) policy be formulated regarding the objective and scope of such projects, Parliament was informed Friday.

Public sector banks can raise funds from market: Sinha

Last Updated: Friday, July 24, 2015, 17:27

With capital needs for public sector banks pegged at Rs 2.39 lakh crore over the next four years, the Finance Ministry on Friday said they have been allowed to raise funds from market to meet capital requirements.

Luxury sports car maker Ferrari files for US IPO

Last Updated: Thursday, July 23, 2015, 16:54

Fiat Chrysler Automobiles (FCA) has submitted a request to US regulators for an initial public offering of its luxury sport car maker Ferrari in New York for the last quarter of the year.

Apple rolls out iOS 9 Public Beta 2

Last Updated: Thursday, July 23, 2015, 15:39

Apple has released second iOS 9 Public Beta for everyone.The first iOS 9 public beta arrived earlier this month.

Govt extends interest subvention on crop loans for farmers

Last Updated: Tuesday, July 21, 2015, 23:14

The government on Tuesday extended the interest subvention scheme to banks to ensure availability of crop loans of up to Rs 3 lakh to farmers at 7 percent per annum.

44 corporate borrowers owed over Rs 5K crore each to five PSBs

Last Updated: Tuesday, July 21, 2015, 17:25

The government on Tuesday said as many as 44 corporate borrowers had taken loans in excess of Rs 5,000 crore each from public sector banks as of March 2015.

Financial frauds lethal parasites to economy: Jayant Sinha

Last Updated: Friday, July 17, 2015, 19:26

Terming financial sector frauds as "lethal parasite" to the economy, Union Minister Jayant Sinha on Friday asked banks to fast-track the process of reporting such instances to help the probe agencies crack these cases.

Chinese company to raise up to $2 billion in Hong Kong IPO

Last Updated: Friday, July 17, 2015, 15:52

A Chinese state-owned rail company is planning a $2 billion listing on Hong Kong`s stock exchange, a report said Friday, in what will be the first major initial public offering by a Chinese company since the nation`s stock market meltdown.

Mechanism for public offer of govt bonds to be out soon: BSE

Last Updated: Thursday, July 9, 2015, 19:07

To encourage retail participation in government bonds, top stock exchange BSE on Thursday said that a mechanism would be in place in the next 6-9 months for a 'public offer' of such debt instrument.

QIP issue proceeds drop nearly 30% to Rs 726 crore in May

Last Updated: Wednesday, July 8, 2015, 17:53

The funds raised in May are the second-lowest after Rs 225 crore mopped up in January this year.

MNREGA world's largest public works programme: World Bank

Last Updated: Wednesday, July 8, 2015, 00:26

India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 percent of the country's population, the World Bank has said.