New Delhi, (IANS) : Economic Affairs Secretary Shaktikanta Das on Thursday questioned the decision of Moody's for a ratings review of India in two years' time, and said the agency's exercise must consider all aspects of reforms being undertaken by the country with a...
Mumbai, (IANS) : The initial public offering (IPO) of ICICI Prudential Life Insurance on Wednesday was oversubscribed 10.5 times the issue offer, according to data from stock exchanges. As of 5 p.m. Wednesday, the data showed that the IPO issue received applications...
Chennai, (IANS) : The way to bridge the capital shortfall by Indian public sector banks is to slow down the growth of their loan book to single digits, said global credit rating agency Moody's Investors Service on Monday. Moody's also said the Indian banking system is...
Mumbai, (IANS) : Reliance Jio on Sunday welcomed Bharti Airtel's decision to provide better interconnection for its calls. But it also said the number of such points proposed remained substantially less than actual requirement -- and these won't be able to address the...
Mumbai, (IANS) : The Mazagaon Dock Shipbuilders Ltd (MDL)'s second Visakhapatnam Class-destroyer, with more than 60 per cent indigenization and increased stealth power, was launched ahead of its schedule here on Saturday, officials said. The Guided Missile Destroyer...
New Delhi, (IANS) : Finance Minister Arun Jaitley is undertaking a quarterly performance review of state-run banks here on Friday not just to see the progress of various financial inclusion schemes, but also look at the overall health of the banking system, officials...
By Biswajit Choudhury, New Delhi, (IANS) : The Russian-built Kudankulam Nuclear Power Project (KNPP) in Tamil Nadu could, in the near future, be operating on the newer generation TVS-2M fuel assembly, which offers increased uranium capacity, improved heat reliability...
New Delhi, (IANS) : Cab aggregator applications company Uber on Thursday announced the launch of UberSHAAN, an initiative aimed at creating 1 million livelihood opportunities as micro-entrepreneurs in India by 2018. The UberSHAAN will focus at expanding economic...
Hyderabad, (IANS) : Low-cost carrier AirAsia India on Wednesday announced induction of an eighth A320 aircraft and said it plans to take the fleet strength to 20 by the end of 2018. AirAsia India CEO Amar Abrol told reporters here that the airline will operate daily...
Chennai, (IANS) : Credit rating agency Moody's Investors Service on Wednesday said the State Bank of India's (SBI) issuance of additional tier 1 (AT1), Basel III compliance securities would set the pricing benchmark for other issuers. Moody's said the SBI's issue...