NEW DELHI: Fifteen years after it first hatched plans to convert to a bank, IFCI is now looking at forming a holding company which will apply for
a banking licence by April, a senior official of the company said.
The country’s oldest development finance institution will soon start looking for a partner for its banking business as [...]
Reuters
New Delhi: Nandan Nilekani, co-chairman of Infosys Technologies Ltd, India’s No 2 outsourcer, has resigned from the company’s board to join the government, the company said on Thursday.
Nilekani, one of the founders of Infosys, has been invited by Prime Minister Manmohan Singh to head government agency Unique Identification Authority of India in the rank of [...]
New Delhi: India attracted USD 2.34 billion of foreign investments in April, a rise of 19.3 per cent over the previous month, signaling confidence in the country’s economy by foreign investors amid the global financial crisis.
However, as compared to April last year, foreign direct investment (FDI) in the first month of the fiscal 2009-10, was [...]
Click Above Link for A Detail Summery :
SensexAfter a dismal performance in the last two days, the Sensex today ended on a bouyant note. The index has shed nearly 700 points in the last two trading sessions.
Tata Steel and Larsen & Toubro surged nearly 6% each at Rs 411.75 and Rs 1,496 respectively.
Tata Motors and [...]
Weak global cues weighed on investor sentiment today as the key benchmark indices tumbled in the last one hour of trade recording their steepest drop in seven weeks. Index heavyweight Reliance Industries (RIL) declined sharply. Heavy selling was also witnessed in realty, metal and capital goods stocks. The BSE 30-share Sensex plunged 435.07 points, or [...]