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9 December, 2017 3:28 PM 1,300 SBI Branches Get New Name, IFSC Codes

SBI customers have been informed about the change in IFSC codes, but internally also the bank has mapped them to the new codes, said top official. Mumbai: Post the merger of its five associates, State Bank of India has changed names and IFSC codes of nearly 1,300 of its branches. The country's largest lender has changed the names and IFSC codes of branches 42

23 November, 2017 9:21 AM Oil, gas PSU mergers exempt from CCI approval

New Delhi: Merger and acquisition deals involving public sector oil and gas companies have been exempted from seeking the Competition Commission approval, says a notification. The corporate affairs ministry's decision to exempt such deals from the ambit of the Competition Commission of India (CCI) comes against the backdrop of the proposed consolidation 41

13 November, 2017 4:58 AM Idea, Vodafone India to sell tower business to ATC Telecom Infrastructure

Vodafone India and Idea Cellular have separately agreed to sell their standalone tower businesses to ATC Telecom Infrastructure for an enterprise value on Rs. 78.5 billion. Through a BSE filing on Monday, Idea and Vodafone stated the pan-Indian telecom tower business comprising 20,000 towers with c combined tenanct ratio of 1:1.65 will be sold to ATC, formerly 30

12 November, 2017 1:35 PM President's Daughter Moved To Ground Duties At Air India Due To Security Reasons

New Delhi: President Ram Nath Kovind's daughter Swati, who was an air hostess with national carrier Air India, has been assigned ground duties because of security reasons, according to the airline's spokesperson. Ms Swati, who doesn't use a surname, was a cabin crew on Air India's long-haul Boeing 787 and Boeing 777 flights, but for nearly a month now she has been deputed 44

11 November, 2017 12:45 AM Government Sets Up New Division To Check Radicalisation

New Delhi: The Union Home Ministry, as part of an administrative rejig, has formed two new divisions to exclusively deal with emerging security challenges such as radicalisation and cyber crime, an official said on Friday. The two divisions called Counter-Terrorism and Counter-Radicalisation (CTCR) and Cyber and Information Security (CIS) also encompass 51

1 November, 2017 4:52 PM ‘Aim to complete HPCL acquisition by end of FY18’

Exploring funding options, says ONGC; net profit rises 3.1% ONGC CMD Shashi Shanker on Wednesday said the company was looking to complete the acquisition of HPCL by the end of financial year 2017-18. The company announced 3.1% rise in the second quarter profit to ₹5,131 crore compared with a year earlier. Profit for the first half of the financial year stood 45

1 November, 2017 4:41 AM Market Live: Nifty extends rally; Sensex jumps 300 pts as WB ups India ranking

11:19 am Auto sales: Eicher Motors said Royal Enfield's sales increased 18 percent to 69,492 units in October, year-on-year. 11:05 am Rupee trade:Â The rupee today positively reacted to India's jump on Ease of Doing Business ranking by rising 15 paise to 64.59 against the dollar. The World Bank's list was released yesterday. Banks and exporters liquidated 44

31 October, 2017 6:59 AM No proper recognition of Patels contribution in unifying the

New Delhi, Oct 31 (PTI) Vice President M Venkaiah Naidu today said Sardar Vallabhbhai Patel was both the architect and unifier of modern India but his "monumental contribution" had not got proper recognition. Patel was a selfless leader who shaped India?s destiny with single-minded devotion, the vice president said at an event to commemorate the 142nd birth 37

30 October, 2017 11:35 AM IDFC, Shriram call off merger talks

The agreement was aimed at merging some of Shriram Group's listed companies with IDFC Group. IDFC Group said on Monday that talks to acquire some of Shriram Group's financial services businesses have been called off. “The companies were not been able to reach common ground on a mutually acceptable swap ratio for the merger,” IDFC Group said in a stock 17

28 October, 2017 11:08 PM Talk of talks in Kashmir

Posted at: Oct 29, 2017, 1:44 AM; last updated: Oct 29, 2017, 2:04 AM (IST) Azhar Qadri in Srinagar & Amir Karim Tantray in Jammu In politics silence can imperil reconciliation and pull governments further away from people. In Kashmir, the pause has been allowed to continue far too long, eclipsing a wide shade of opinion with a cloak of secrecy and dangerous 117