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RBI's fin inclusion push: Rules that work that don't
28 Nov 2014 at 8:44am
The RBI's latest move to improve financial inclusion through small finance banks and payment banks has been welcomed by most analysts and players. However there are still a few areas that need clarity, reports Ekta Batra and Arvind Sukumar.

India a key market for British Airways: Keith Williams
28 Nov 2014 at 8:43am
India is the second largest market in terms of frequencies and seats for British Airways. The airline has been flying here for 90 years, which is pretty much all the years it has been in existence. Keith Williams, executive chairman of British Airways, spoke to CNBC-TV18 about British Airways' plans for India.

Foreign telcos may not benefit much from payment bank rules
28 Nov 2014 at 8:22am
Rules prohibit foreign players from applying for a license as standalone entities. So these players will need an Indian JV partner who holds at least a 24 percent stake in the venture to be eligible.

Voda moves court against DoT
28 Nov 2014 at 8:12am
Court has issued a notice to the Department of Telecommunications. Vodafone's licence expires in December next year.

New DRs opens door for new pool of foreign cap
28 Nov 2014 at 8:12am
In a bold new step for the Indian capital markets, the depository receipts scheme, 2014, permits listed and unlisted Indian companies and their security holders to issue new kinds of depository receipts.

Persuade governor Rajan to lower rates: Chidu to new govt
28 Nov 2014 at 8:02am
According to Chidambaram, the problems were identified in 2012, corrective measures were taken, and momentum was built up in sectors such as electricity, coal, agriculture and stalled projects were revived.

Rakesh Jhunjhunwala buys 1.4% stake in SpiceJet
28 Nov 2014 at 7:27am
According to block deal data, Jhunjhunwala bought 75 lakh shares of SpiceJet on Friday.

Govt nod to 15 FDI plans; CCEA to consider HDFC Bk proposal
28 Nov 2014 at 7:27am
The proposals were cleared by Foreign Investment Promotion Board (FIPB) headed by the Economic Affairs Secretary in its meeting held earlier this month.

2G case: India Cements paid Rs 60 Cr to KTV, says witness
28 Nov 2014 at 7:27am
Owner of IPL's Chennai Super Kings franchise, India Cements Limited, had paid Rs 60 crore in 2011 to Kalaignar TV Pvt Ltd, an accused firm facing trial in a 2G scam related money laundering case, for advertising its products, a prosecution witness today told a Delhi court.

Monte Carlo to foray in e-retail post its IPO
28 Nov 2014 at 7:25am
As per the current FDI policy, companies having foreign investment are not allowed any business to consumer (B2C) activities in e-tailing.

Sebi wants cash-rich cos to have dividend distribution plan
28 Nov 2014 at 7:16am
With many big corporates sitting on huge cash piles, regulator Sebi today said it wants listed companies to have a dividend distribution policy and hoarding of cash should be discouraged.

ONGC lines up $3 bn investment in Mozambique
28 Nov 2014 at 7:08am
ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), and Oil India Ltd (OIL) have already spent USD 5 billion in taking 20 percent stake in Area-1 gas field.

Voda, Airtel fined most for tariff and MNP rules violations
28 Nov 2014 at 7:02am
Country's second largest telecom operator Vodafone has been penalised over Rs 6 lakhs for charging customers on new tariff without informing regulator TRAI in time, as per details presented in a written reply to a Rajya Sabha question.

Agriculture, govt spending prop up Q2 GDP; can it sustain?
28 Nov 2014 at 6:55am
The Indian economy grew at a modest 5.3 percent in the July-September quarter and it is better than street expectations. But manufacturing remained anemic with a 0.1 percent growth and electricity, which was growing at double digits in the past couple of quarters, grew at a modest 8.7 percent.

Silver Oak India's board meeting on Dec 06, 2014
28 Nov 2014 at 6:39am
Silver Oak India board meeting will be held on December 06, 2014, to consider, appointment of CEO and calling of Extra Ordinary General Meeting.


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