Ambanis, Birlas, Mittal among 113 vying to be niche banks

Last Updated: Tuesday, February 3, 2015, 11:59

At least 113 entities, including top corporates such as RIL, Aditya Birla Group, Airtel, Vodafone and Future Group, have approached the RBI to seek licences for setting up payment or small finance banks.

Future Group seeks payments bank licence; IDFC to partner

Last Updated: Monday, February 2, 2015, 21:25

Kishore Biyani-promoted Future Group Monday applied for a payments banking licence and will partner in this venture with IDFC, which has already been allowed by RBI to set up a full-fledged bank.

RIL, Aditya Birla, Future Group apply for payments bank licences

Last Updated: Monday, February 2, 2015, 18:40

A few top Indian companies including Reliance Industries Ltd., Aditya Birla Nuvo Limited and Future Group Monday applied to the Reserve Bank of India (RBI) for payments bank licences.

Future Group applies for Payments Bank licence

Last Updated: Monday, February 2, 2015, 14:34

Kishore Biyani-promoted Future Group on Monday applied for Payments Bank licence with the Reserve Bank of India.

Gold prices up by Rs 250; silver soars Rs 800 per kg

Last Updated: Saturday, January 31, 2015, 15:26

After falling for two straight days, gold Saturday staged a comeback to close Rs 250 higher at Rs 28,350 per ten grams at the bullion market as jewellers made fresh buying at prevailing levels to meet wedding season demand amidst a firming global trend.

Future Lifestyle to cut guarantee amount for group firms

Last Updated: Thursday, January 29, 2015, 19:48

Future Lifestyle Fashions Ltd (FLFL), part of the Kishore Biyani-led Future group, plans to reduce the limit of guarantee amount provided for group firms to Rs 1,000 crore from Rs 4,000 crore at present.

Gold holds above $1,290 ahead of Fed decision

Last Updated: Wednesday, January 28, 2015, 10:33

Spot gold was little changed at $1,291.10 an ounce by 0321 GMT, after rising nearly 1 percent on Tuesday. Bullion hit a five-month high of $1,306.20 last week.

Gold, silver extend losses on low demand, global cues

Last Updated: Tuesday, January 27, 2015, 16:19

Gold prices fell by Rs 100 to Rs 28,300 per 10 grams at the bullion market today amid weak trend overseas and slowdown in buying by jewellers at prevailing levels.

Gold futures fall Rs 264 on weak global cues, profit-booking

Last Updated: Tuesday, January 27, 2015, 12:57

Gold prices fell sharply by Rs 264 to Rs 27,600 per tens in futures trade today amid a weak trend overseas and profit-booking by speculators.

Gold rises by Rs 101 to Rs 27,818 per 10 grams in futures trade

Last Updated: Monday, January 19, 2015, 12:04

Further, rising demand from jewellers at the domestic spot markets for the ongoing wedding season supported the upside in the precious metal prices.

Google halts sales of Google Glass

Last Updated: Friday, January 16, 2015, 15:28

The company confirmed that it will stop selling the £1,000 smart glasses next week, just months after launching in the UK.

Gold drops Rs 230, Silver Rs 520 on sluggish demand

Last Updated: Thursday, January 15, 2015, 15:07

Gold prices drifted by Rs 230 to Rs 27,320 per ten grams at the bullion market Thursday owing to slackened demand at prevailing levels amid a weak global trend.