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Yes Bank plans to raise up to Rs 3,000 crore by Sept

Last Updated: Tuesday, January 13, 2015, 00:50

Private sector lender Yes Bank plans to raise up to Rs 3,000 crore in tier-II or non-equity capital by September this year, a top official said on Monday.

Vibrant Gujarat Summit: Companies sign 21,000 MoUs to invest Rs 25 lakh crore

Last Updated: Monday, January 12, 2015, 22:18

This is more than double the investment amount committed during the last edition of the Summit in 2013 at Rs 12 lakh crore (with 17,000 MoUs) and is over ten-times the investment committments announced at the recently held West Bengal Global Business Summit.

BofAML sees $100 billion forex debt raising by India Inc in 2 years

Last Updated: Monday, January 12, 2015, 21:25

Bank of America Merrill Lync (BofAML) India head has predicted a five-fold rise in forex debt raising by domestic corporates to a record USD 100 billion over the next two years.

'25% of Tata's power generation can be from renewable sources'

Last Updated: Monday, January 12, 2015, 21:08

Identifying renewable energy as critical for national infrastructure strength, Tata Group Chairman Cyrus Mistry Monday said up to 25 percent of the conglomerate's power generation could be from renewable resources.

Economy needs $800 billion annually for 7% growth: Adia

Last Updated: Monday, January 12, 2015, 20:48

India needs USD 800 billion (Rs 50 lakh crore) annually if the economy is to grow at 7 percent, Financial Services Secretary Hasmukh Adia said Monday.

Significant investment pick-up soon; reverse flow checked: FM Jaitley

Last Updated: Monday, January 12, 2015, 20:42

Jaitley also took a dig at the opposition parties for criticising the government on its "quick decisions", referring to the Ordinance route adopted for passage of key reforms.

'Indo-Polish trade potential at $10 billion'

Last Updated: Monday, January 12, 2015, 20:41

Considering a growth of 16 percent in Indo-Polish trade over the last year, it could potentially grow from the current level of USD 2 billion to USD 5 to 10 billion in near future.

Chandigarh may be the first Indian smart city

Last Updated: Monday, January 12, 2015, 19:44

Chandigarh could be the first Indian smart city as the government moves to create many hi-tech cities in the country.

LIC will consider all investment options

Last Updated: Monday, January 12, 2015, 19:27

Ahead of major disinvestments expected in the comping days, country's largest investor LIC Monday said it will consider all investment offers that come its way and take advantage of opportunities.

Rio Tinto to invest $500 mn in MP diamond project

Last Updated: Monday, January 12, 2015, 19:00

He said the company is waiting for environment approvals from the the government for the project.

Adani to invest Rs 20,000 crore in Gujarat ports in next 5 years

Last Updated: Monday, January 12, 2015, 18:59

Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tonnes per annum by 2020.

SBI chief for innovative lending to contain NPAs

Last Updated: Monday, January 12, 2015, 17:42

With non-performing assets from large corporates at worryingly high levels, State Bank of India Chairperson Arundhati Bhattacharya Monday said lenders should be innovative in tailoring their products.