Skip to main content

April 2016

NSE nominates new chairman, sources say

April 30, 2016 by shekarm

The National Stock Exchange (NSE) has nominated Ashok Chawla, the former head of the Competition Commission of India, to become its new chairman, three sources close to the matter told Reuters.

Tags |

Govt rolls back decision to lower EPF rate

April 30, 2016 by shekarm

Bowing to employee protests for the third time in two months, the Indian government on Friday rolled back its decision of lower interest rate on provident fund deposits to 8.7 per cent for 2015-16 and agreed to fix it at 8.8 per cent as decided by retirement fund body EPFO.

The roll back comes on the heels of government havin

Tags |

Market snaps two week gains, falls 232 points

April 30, 2016 by shekarm

Stocks: The market snapped its two week gaining streak, falling 231.52 points to 25,606.62 in a volatile trading sessions swayed by global and domestic factors.

The monthly derivative expiry week also riddled by domestic earning results, US Fed and Bank of Japan meetings impacting the sentiments.
Tags |

Lenders begin auction of brand Kingfisher, trademarks

April 30, 2016 by shekarm

Seeking to recover their dues from beleaguered businessman Vijay Mallya, lenders today initiated an auction of various brands and trademarks of the long-grounded Kingfisher Airlines, including its once-famous tagline 'Fly The Goodtimes', but bidders were hard to come by.

The auction began at 11:30 am and will continue for the

Tags |

Govt rolls back decision to lower EPF rate

April 30, 2016 by shekarm

  • Govt rolls back decision to lower EPF rate

Nissan recalls 3.8 million cars over faulty airbags

April 30, 2016 by shekarm

  • Nissan recalls 3.8 million cars over faulty airbags

EU announces additional 38 mn euros in aid for Haiti

April 30, 2016 by shekarm

  • EU announces additional 38 mn euros in aid for Haiti

Market snaps two week gains, falls 232 points

April 30, 2016 by shekarm

  • Market snaps two week gains, falls 232 points

Lenders begin auction of brand Kingfisher, trademarks

April 30, 2016 by shekarm

  • Lenders begin auction of brand Kingfisher, trademarks

Indian banks' loans rose 10.4 percent in two weeks to April 15

April 29, 2016 by shekarm

Indian banks' loans rose 10.4 percent in the two weeks to April 15 from a year earlier, while deposits rose 10.1 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

This site is best viewed in Internet Explorer 7 and above, Google Chrome 16.x and above, Mozilla Firefox 8.x and above.