LiveRBI has allowed banks to shift, merge or close branches in urban areas
The Reserve Bank of India (RBI) has given the permission to banks to shift, merge or close all branches except rural branches and sole semi-urban...
Category : Latest News
Postal department set to help farmers for selling their product online
The postal department of India is set to launch a pilot programme which will help the farmers to sell their produce over the Internet without...
Oracle reports decline in net profit of Q1, falls 16.50 percent to Rs 329.33 crore
On Thursday, the IT firm Oracle Finance Services Software has reported a fall of 16.50 percent in its consolidated net profit at Rs 329.33 crore...
CIL is going to invest Rs 13,900 crore to raise output to 908 MT
Coal India is going to invest Rs 13,900 crore for the purpose of taking its production to 908 million tonnes (MT) by 2019-20, on Thursday...
Bharti Airtel has launched 4G services, data packs at Rs 25
Bharti Airtel has commercially launched 4G services across 296 towns in India. In April, 2012, the company had first launched the 4G network in Kolkata...
Snapdeal has appointed Amitava Ghosh as VP-engineering
Amitava Ghosh has been appointed as the vice president engineering by Snapdeal. Amitava Ghosh has over 17 years of experience in building web-based products and...
Ambit Alpha Fund has crossed Rs 500 crore milestone
On Wednesday, Ambit Alpha Fund (AAF), an alternate investment fund (AIF) said that it has crossed the milestone of Rs 500 crore of assets under...
Aviva Investors opposed Vedanta takeover bid for Cairn India
On Wednesday, Aviva Investors said that it opposed a $2.3 billion plan by Vedanta to buy out minority shareholders in Cairn India because the deal...
Punjab National Bank lowers fixed deposit rate by up to 0.50 percent
On Wednesday, the state owned Punjab National Bank has reduced interest rate on fixed deposits on select maturities by up to 0.50 percent. PNB said...
Doormint has raised $3 million from Helion Ventures, Kalaari Capital
On Wednesday the home services provider Doormint said that it has raised about USD 3 million (Rs 19.1 Crore) from Helion Ventures and Kalaari Capital....