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SEBI floats consultation paper to ease norms for offshore fund managers

General

21 June, 2016

SEBI floats consultation paper to ease norms for offshore fund managers

To make it easier for foreign fund managers keen on relocating to India, markets regulator Sebi today proposed norms to ......

Vijay Mallya resigns as chairman of Bayer CropScience

Manufacturing

21 June, 2016

Vijay Mallya resigns as chairman of Bayer CropScience

Embattled businessman Vijay Mallya is quitting as the Chairman of Bayer CropScience Ltd after over 12 years of holding the ......

Markets dance to FDI tune but Rexit makes rupee weak on the knees

General

20 June, 2016

Markets dance to FDI tune but Rexit makes rupee weak on the knees

Stocks and rupee today opened with an early morning plunge but equities bounced back to score a 241-point rally as ......

Competition watchdog clears Blackstone's Mphasis acquisition

TMT

20 June, 2016

Competition watchdog clears Blackstone's Mphasis acquisition

Competition Commission has cleared private equity major Blackstone's multi-billion dollar deal to buy over 50 per cent stake in Mphasis ......

Brigade Enterprises to hive off hotel biz into separate arm

Infrastructure

17 June, 2016

Brigade Enterprises to hive off hotel biz into separate arm

Realty firm Brigade Enterprises today announced plans to hive off its hospitality businss, which includes hotels with 500 keys, into ......

RBI eases registration process for new NBFCs

General

17 June, 2016

RBI eases registration process for new NBFCs

The Reserve Bank today simplified the process of registration of new NBFCS by reducing the application form and the checklist ......

State Bank of India floats startup fund with $30 mn corpus

General

16 June, 2016

State Bank of India floats startup fund with $30 mn corpus

In order to fund start-ups in the financial technology (fintech) space, country's largest lender SBI has set up a Rs ......

Deutsche Bank Asia Pacific CEO Gunit Chadha quits

General

14 June, 2016

Deutsche Bank Asia Pacific CEO Gunit Chadha quits

German lender Deutsche Bank today said Asia Pacific chief executive and former head of Indian operations Gunit Chadha has quit.John ......

Spike in vegetable prices pushes wholesale price inflation to 0.79% in May

General

14 June, 2016

Spike in vegetable prices pushes wholesale price inflation to 0.79% in May

A double-digit spike in vegetable prices pushed the wholesale price-based inflation to 0.79 per cent in May, prompting the industry ......

All states support GST, barring Tamil Nadu: Jaitley

General

14 June, 2016

All states support GST, barring Tamil Nadu: Jaitley

Virtually all states have supported the idea of GST except the southeastern Indian state of Tamil Nadu which has "some ......