PNB fraud fallout: RBI scraps Letters of Undertaking system

Mumbai: LoUs are bank guarantees through which a bank allows customers to raise money from another Indian bank’s f...
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March 14, 2018

SBI slashes minimum balance bank charges once again

New Delhi: Proving that the customer’s grievances don’t fall on deaf years, SBI in a move that would benefit...
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March 13, 2018

Unencumbered assets of Unitech will be auctioned: SC

New Delhi: The Supreme Court on Monday said it will get auctioned the unencumbered properties of real estate major Unite...
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March 13, 2018

January factory production up 7.5%, inflation eases in Febru...

New Delhi: As manufacturing picked up pace, India’s factory production growth in January at 7.5 per cent doubled o...
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March 13, 2018

Infosys to delist shares from Paris, London stock exchanges

Bengaluru: Software major Infosys on Monday said it would delist its American Depository Shares (ADS) from Euronext Pari...
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March 13, 2018

Macron announces 700mn euros to solar-power at ISA

New Delhi: Announcing an additional 700 million euros investment for solar-energy, French President Emmanuel Macron, at ...
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March 11, 2018

India needs more angel investors: Infosys co-founder

Gandhinagar: Unlike in developed countries, start ups in India do not grow due to lack of enthusiasm from angel investor...
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March 11, 2018

GST Council extends tax exemptions for exporters

New Delhi: The Goods and Services Tax (GST) Council on Saturday extended the tax exemptions available to exporters on im...
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March 11, 2018

Boom time for helmet industry as non-ISI helmets face ban?

New Delhi/Bangalore: ISI Helmet Manufacture Association (ISIHMA) welcomed the move based on the information provide...
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March 10, 2018

Govt makes passport details must for bank loans above Rs 50 ...

New Delhi: Passport details of borrowers taking loans of Rs 50 crore and more have been mandatory to ensure a swift acti...
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March 10, 2018

Nationwide rollout of inter-state e-Way Bill from April 1: J...

New Delhi: The Goods and Services Tax (GST) Council finalised April 1, 2018 as the date for the nationwide mandatory rol...
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March 10, 2018
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