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Rating agencies give thumbs up to RBI's new corporate and masala bond norms

General

26 August, 2016

Rating agencies give thumbs up to RBI's new corporate and masala bond norms

RBI's move to allow banks to issue masala bonds will remove obstacles for lenders in accessing additional tier I (AT1) ......

RBI retains 'too big to fail' tag for SBI, ICICI Bank

General

25 August, 2016

RBI retains 'too big to fail' tag for SBI, ICICI Bank

RBI today retained 'too big to fail' tag for the state-owned SBI and private lender ICICI Bank for the second ......

Union Cabinet clears revised tax treaty with Cyprus

General

24 August, 2016

Union Cabinet clears revised tax treaty with Cyprus

In another major step in fight against tax evasion, the Cabinet today gave its approval to the revised DTAA between ......

BSE may file papers for $120 mn IPO next month

General

24 August, 2016

BSE may file papers for $120 mn IPO next month

Leading bourse BSE is targeting to file draft papers with capital markets regulator Sebi for its much-awaited initial public offer ......

Lenders cut reserve price for auction of Kingfisher brand by a tenth to $50 mn

Infrastructure

24 August, 2016

Lenders cut reserve price for auction of Kingfisher brand by a tenth to $50 mn

In their second attempt at recovering a part of the dues of over Rs 9,000 crore from now defunct Kingfisher ......

Godrej group scouts for more acquisitions

Consumer

20 August, 2016

Godrej group scouts for more acquisitions

The Godrej group, with three companies in its fold, is looking for acquisitions in developing countries of Asia, Africa and ......

China's Tidfore to invest up to $150 mn in Miglanis' owned Uttam Galva Metallics

Manufacturing

19 August, 2016

China's Tidfore to invest up to $150 mn in Miglanis' owned Uttam Galva Metallics

Uttam Group today said it has signed an investment agreement of up to USD 150 million with Chinese firm Tidfore ......

PE, VC firms must have dispute settlement mechanism, says SEBI

General

18 August, 2016

PE, VC firms must have dispute settlement mechanism, says SEBI

Alternate Investment Funds (AIFs) need to put in place a mechanism for resolution of disputes through arbitration or any other ......

SBI approves merger of three associate banks, Bharatiya Mahila Bank with itself

General

18 August, 2016

SBI approves merger of three associate banks, Bharatiya Mahila Bank with itself

State Bank of India's board today approved merger of three associate lenders and Bharatiya Mahila Bank (BMBL) with SBI, a ......

Cairn starts arbitration against India in retrospective tax row

Manufacturing

16 August, 2016

Cairn starts arbitration against India in retrospective tax row

British explorer Cairn Energy plc today said it has initiated an international arbitration to seek USD 5.6 billion in compensation ......