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Indian banks opt for offbeat tactics to tackle $49 billion of bad debts

Last Updated: Thursday, July 23, 2015, 08:32

Under pressure to do more to cut a $49 billion mountain of bad debt, India`s state-owned banks are reversing years of lax recovery efforts, naming and shaming smaller borrowers and even using big TV screens at shopping malls to advertise seized assets for sale.

11 Indian companies in Forbes Asia's under-billion list

Last Updated: Thursday, June 25, 2015, 16:35

As many as 11 Indian companies including Avanti Feeds Ltd and Borosil Glass Works are ranked among top 200 Asia Pacific corporations in Forbes Asia's 'Best Under A Billion' list.

Govt's holding of US securities crosses $100 bn mark

Last Updated: Sunday, May 3, 2015, 11:34

Logging fresh one-year high, India's exposure to US government securities reached USD 101.7 billion as the country purchased nearly USD 10 billion worth bonds in just one month.

Capgemini to buy IGATE Corp in $4-billion cash deal

Last Updated: Monday, April 27, 2015, 11:49

French IT services company Capgemini will buy IGATE Corp -- a US-based company with a large presence in India -- for USD 4 billion in cash to create an entity with a combined revenue of USD 14 billion to take on rivals like IBM.

RBI snaps up $49.2 bn in Apr-Feb, highest in 7 years

Last Updated: Sunday, April 19, 2015, 19:18

The central bank net purchased the currency from the spot market in April 2014-February 2015, according to the central bank data, which comes with a lag of two months.

ECB raises emergency funding cap to Greek banks to 68.3 billion euros: Source

Last Updated: Thursday, February 19, 2015, 02:43

The European Central Bank agreed on Wednesday to raise the emergency funding available to Greek banks to 68.3 billion euros ($78 billion), a slight increase on the previous limit, a person familiar with the ECB talks said.

JLS` final single to release in November

Last Updated: Saturday, September 28, 2013, 08:43

Boy band JLS will be releasing their last ever single on November 10.

Multi-billion scam accused pays Rs 1,000 to flee

Last Updated: Friday, July 12, 2013, 19:20

How much does it take for a Pakistani, accused in a multi-billion rupee scam, to escape the country? It takes a sum of just Rs 1000.

One-billion-year-old water `saltier than seawater`

Last Updated: Wednesday, June 19, 2013, 10:05

University of Toronto scientists have found pockets of water that had been sitting 2.4 kilometres underneath the Earth`s surface for more than a billion years.

2.7-bn-yr-old water may hold clues to life on Earth, Mars

Last Updated: Thursday, May 16, 2013, 12:53

A team of scientists from UK and Canada has discovered ancient pockets of water, which have been isolated deep underground for billions of years and contain abundant chemicals known to support life.

Films influence society: Farhan Akhtar

Last Updated: Friday, February 15, 2013, 19:34

Filmmaker and actor Farhan Akhtar admits films influence the general public, but says more than the sleazy item songs, what impacts is the way the hero romances his on-screen love interest.

Wake up Delhi, sing flash mobs for `One Billion Rising`

Last Updated: Thursday, February 14, 2013, 21:03

Crossing their arms, shuffling their feet and singing "Wake up Delhi! End violence against women!", hundreds of people took part in flash mobs across Delhi to mark the global `One Billion Rising` campaign Thursday.