RBI cancels Sahara India's para-banking license

Last Updated: Tuesday, September 8, 2015, 13:57

The notice cancelling its license to conduction financial business has been sent to the Kapurthala head quarter of the Sahara India.

Sun TV down 3.5%; shares extend losses for 6th straight day

Last Updated: Monday, June 29, 2015, 18:54

Shares of Sun TV Network on Monday fell by 3.5 percent , extending downfall for the sixth straight session, after the Union Home Ministry clarified last week that it will not give security clearance to the Kalanithi Maran-owned company.

BlackBerry, Cisco ink patent cross-licensing agreement

Last Updated: Tuesday, June 23, 2015, 21:46

With the agreement in place, BlackBerry and Cisco can focus on innovation and continued technical cooperation, allowing companies more freedom to create products and services for customers without the potential for patent disputes, he added.

Security clearance to Sun TV may compromise economic security

Last Updated: Friday, June 19, 2015, 20:40

Attorney General Mukul Rohatgi's opinion favouring security clearance to Sun TV has raised concerns among Home Ministry officials as they fear it might compromise the country's "economic security".

AG supports grant to security clearance to SUN TV Network

Last Updated: Friday, June 19, 2015, 16:58

Attorney General Mukul Rohatgi has supported grant of security clearance to 33 channels of Kalanithi Maran-promoted Sun TV Network, saying the corruption cases being investigated against the network's promoter cannot be ground to deny it.

Bandhan gets bank licence from RBI; to launch ops on August 23

Last Updated: Wednesday, June 17, 2015, 16:09

Micro lender Bandhan on Wednesday said it has received licence from RBI to start a full-fledged bank and will debut in August with up to 600 branches focusing on retail and small businesses segments.

Nokia faces lengthy arbitration over LG patent royalty payments

Last Updated: Tuesday, June 16, 2015, 18:48

Nokia said on Tuesday that South Korea`s LG Electronics has agreed a deal to use the Finnish company`s smartphone patent license but royalty payments will be settled in a lengthy arbitration process.

No communication from any ministry, says Sun TV

Last Updated: Monday, June 8, 2015, 15:08

Sun Television Network on Monday clarified that it has not received any communication from any ministry and all its channels continued to be on air.

Sun TV crashes nearly 28%, at 52-week low

Last Updated: Monday, June 8, 2015, 13:17

The stock tumbled as much as 27.59 percent to Rs 258 -- its 52-week low on BSE.

Sun TV channels may go off air as MHA denies clearance

Last Updated: Monday, June 8, 2015, 10:27

The Sun TV Network is one of India's largest media groups whose TV channels reach more than 95 million households in India.

Banking, securities cos' IT spends to rise 15% to Rs 53,600 cr

Last Updated: Tuesday, May 19, 2015, 17:12

IT spends by domestic banking and securities companies may grow by 15 percent to Rs 53,600 crore this year and rise further on expectations of more companies using RBI's 'on-tap' bank licensing, global technology consultancy Gartner said Tuesday.

Rajan says must avoid excessive checks, balances on govt functions

Last Updated: Friday, February 20, 2015, 18:11

India must strengthen government and regulatory capabilities but must also resist implementing "layers and layers of checks and balances" that impede on necessary government functions, Reserve Bank of India Governor Raghuram Rajan said on Friday.