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16 January, 2018 1:34 PM ADB invests $50 mn in True North to support mid-market biz

The ADB today said it has invested USD 50 million in True North VI LLP (True North VI) to provide equity capital to middle-market companies in India embarking on their next phase of growth. True North was established in 1999 (as India Value Fund) with a view to investing in mid-sized, India-centric businesses. "Through its investment in True North VI, ADB will support 22

16 January, 2018 1:31 PM IBPS RRB, PO MT, Clerk, SO Online Exams' Dates Released; Check IBPS Calendar 2018 Here

New Delhi: Institute of Banking Personnel Selection (IBPS) has released the tentative calendar for the recruitment exams to be conducted for various Regional Rural Banks (RRB) examinations and Public Sector Banks (PSB) exams for year 2018. According to the IBPS 2018 calendar released today, IBPS RRB CWE VII preliminary examinations for Officer Scale 32

16 January, 2018 10:24 AM Flipkart announces Republic Day sale to rival Amazon Great Indian sale: Offers, key dates and more

New Delhi: Online retailer Flipkart has announced its Republic Day Sale just a day after e-commerce giant Amazon announced its Great Indian Sale. Flipkart sale will kick off on the same day as Amazon's sale (January 21). While Flipkart sale will get over on January 23, Amazon sale will end on January 24. Flipkart is offering a host of products such as smartphones 38

16 January, 2018 2:24 AM Stocks in the news: TCS, Binani Cement, Essar Steel, Tech Mahindra, Kotak Mahindra Bank, Lupin, Merck

TCS | Binani Cements | Essar Steel | Tech Mahindra | Kotak Mahindra Bank | Lupin | IndiGrid | Max Ventures | Blue Star | Axis Bank | IOC | Speciality Restaurants | BSE | PVR | Bank of India | SBI and Shriram Transport Finance are stocks, which are in news today. The Bank has allotted 74,150 equity shares of Rs. 2/- each on 15.01.2018, pursuant to exercise 31

15 January, 2018 6:32 PM India vs South Africa: Feels Like We Are Bowling In India, Says Morne Morkel On Centurion Pitch

South African seamer Morne Morkel on Monday lashed out at the Centurion track which was unusually slow in nature and compared it with pitches in India. Morkel was the pick of the bowlers for South Africa in the first innings as he returned with figures of 4 for 60 that helped South Africa bowl out India for 307, giving the Proteas a lead of 28 runs. The hosts 21

15 January, 2018 2:27 PM Exports rise 12.36 percent to $27 bn in Dec

Exports rose 12.36 per cent in December to USD 27.03 billion year-on-year on account of strong performance by sectors like engineering goods and petroleum products. Imports surged significantly to USD 41.91 billion, up 21.12 per cent, on increased inbound shipments of crude oil and gold. As per the data released by the commerce ministry, the trade deficit 28

15 January, 2018 11:39 AM Xiaomi mandates Citic Securities, Morgan Stanley, Goldman Sachs for IPO

The smartphone maker last month told bankers that it would beat its 2017 sales targets by up to 18 percent. Hong Knog: Chinese smartphone maker Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, IFR reported. The initial public offering could be the world’s biggest tech float this year - valuing 37

15 January, 2018 11:25 AM Federal Bank Q3 net rises 26% to Rs 260 crore

The Federal Bank today posted a 26.43 percent rise in net profit at Rs 260.01 crore for the third quarter ended December 31, 2017. The private sector lender had recorded a net profit of Rs 205.65 crore in the same quarter previous fiscal. Total income of the lender grew to Rs 2,729.83 crore during the quarter from Rs 2,556.83 crore in the year-ago period 29

15 January, 2018 9:56 AM Prevalent Force claims South India Derby stakes

Mr. Rienzie M. K. Edwards & Mrs. P.P.M. Edwards’s Prevalent Force (Srinath astride), claimed the South India Derby stakes, the stellar attractions of the races here on Sunday (Jan. 14). Darius trains the winner. 1. DR. M.A. CHIDAMBARAM GOLD CUP (1,200m), maiden 3-y-o only (Terms): MY OPINION (Akshay Kumar) 1, One O Eight (Hesnain) 2, Lady’s Secret (Umesh) 18

15 January, 2018 8:03 AM Bank of India postpones Rs 3,000 cr QIP plan

New Delhi: State-owned Bank of India (BoI) has deferred the Rs 3,000-crore capital raising plan through private placement of equity shares after the government's move to infuse Rs 2,257 crore capital into it, a top official said. "We have postponed the QIP (Qualified Institutional Placement) as the government decided to infuse Rs 2,257 crore capital 26