Tag: business
BoB Issues Shares To Vijaya, Dena Bank Shareholders
Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.....
Muted Growth Prompts RBI To Cut Key Lending Rate To 6%
Muted growth and subdued inflation prompted the Reserve Bank of India (RBI) on Thursday to lower its key lending rate for commercial banks by 25 basis points (bps) to 6 per cent. ....
Air India To Offer 'special Fares' For Stranded Jet Flyers
Air India will offer "special" fares to Jet Airways passengers stranded at international stations, informed sources told IANS on Thursday.....
Government Fooling People On GDP Data: Chidambaram
Congress leader P. Chidambaram on Wednesday alleged that the BJP-led government had tried to fool people that the GDP growth is much higher than that of UPA and it was a scam.....
BJP Leading In All Seven Seats In Delhi
The BJP on Thursday looked set to repeat its 2014 performance in Delhi as it was leading in all the seven Lok Sabha seats here.....
Finanace Ministry Positive On RBI Decsion, Change In Stance
The Finance Ministry is positive on the RBI monetary policy panel's decision to cut the repo rate by 25 basis points (effecting a third consecutive reduction in 2019 and the all important change in its stance from "neutral to accomodative"), which would pave the way for consideration by RBI for any further rate cut. ....
PNB Case: ED Attaches Nirav's, Sister's Bank Accounts
The Enforcement Directorate on Thursday said it has attached four Swiss bank accounts of fugitive businessman Nirav Modi and his sister Purvi with a balance of Rs 283 crore in its investigation into the Rs 13,500 crore Punjab National Bank (PNB) fraud.....
GST Council Slashes Tax On EVs And EV Chargers
Close on the heels of Union Budget providing tax relief for buying electric vehicles, the GST Council in its 36th meeting on Saturday cut the tax on electric vehicles (EV) from 12 per cent to 5 per cent effective August 1, 2019.....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
Jio GigaFiber's Commercial Services Start September 5
Reliance Industries (RIL) Chairman Mukesh Ambani on Monday announced the launch of Jio GigaFiber and said that the services would be available commercially from September 5.....
