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Abu Dhabi"s oil firm to help fill India"s strategic reserve, says Pradhan

It would take three very large crude carriers (VLCCs) to fill 5.86 million barrels or 0.75 million tonnes of space it has taken in Mangaluru.....»»

Category: topSource: business-standardFeb 13th, 2018

India to fill Mangalore strategic reserve with UAE oil

As the country needs massive investments in some key sectors, particularly infrastructure.....»»

Category: topSource: business-standardJan 25th, 2017

Air India stake sale: Govt allows 49% foreign ownership in national carrier

No major Indian corporation from outside of aviation will invest in such a complex project without an experienced strategic partner, says aviation consultancy firm CAPA.....»»

Category: topSource: business-standardJan 10th, 2018

Budget increases incentives to make India a global hub for electronics

Government aims to take strategic crude oil reserve capacity to 15.33 MMT with two new facilities.....»»

Category: topSource: business-standardFeb 1st, 2017

India hopes to seal oil deal with UAE today to fill Mangalore reserves

Abu Dhabi's Crown Prince Sheikh Mohamed bin Zayed al-Nahyan is the guest of honour on Republic Day.....»»

Category: topSource: business-standardJan 24th, 2017

Cabinet clears sale of India"s first pharma firm

The strategic sale approval of Bengal Chemicals and Pharmaceuticals is the second in over 12 years.....»»

Category: topSource: business-standardDec 28th, 2016

NSDC, Rise India to set up driving skill centre in Chhapra

The National Skill Development Corporation (NSDC) and Rise India, a strategic investment firm, have tied up to launch the first centre to impart driving skills in Chhapra, Bihar. The centre will be ........»»

Category: topSource: thehindubusinesslineOct 14th, 2016

India"s second strategic reserve in Mangalore receives first crude parcel

The crude is being pumped into the underground Mangalore cavern for testing the facilities.....»»

Category: topSource: business-standardOct 12th, 2016

Lypsa Gems and Jewellery to raise Rs 17 cr for retail foray

Firm sees to sell 2.1 mn equity shares to a strategic investor at Rs 81 a share, to set up retail chain across India.....»»

Category: topSource: business-standardSep 21st, 2016

Billion dollar diamond fraud case puts India"s state banks in focus

The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical center of one of the world's fastest growing major economies......»»

Category: topSource: moneycentral2 hr. 48 min. ago

PNB fraud case: Assocham appeals govt to reduce 50% stake in PSBs

He called upon the Reserve Bank of India to take a lead and engage with the industry in finding ways to do clean business in the entire financial sector.....»»

Category: topSource: business-standard10 hr. 3 min. ago

Global cues, funds movement, crude prices to impact equity market next week

A massive sell-off in the banking sector stocks was triggered last week after the Reserve Bank of India (RBI) announced new norms to deal with non-performing assets.....»»

Category: topSource: business-standard10 hr. 3 min. ago

Banks relied on India Ratings" A- outlook to lend to this Nirav Modi firm

This, despite Firestar International suffering from a high-leverage, off-balance-sheet exposure.....»»

Category: topSource: business-standardFeb 17th, 2018

Walmart could buy 40 percent of India's Flipkart

Walmart is in talks to buy a stake of at least 40 percent in Indian e-commerce firm Flipkart, in a direct challenge to Amazon.com Inc in Asia’s third-largest economy. Silvia Antonioli reports.       .....»»

Category: topSource: usatodayFeb 16th, 2018

Coal India"s foreign dreams lose steam in bid to fuel domestic demand

With Coal India now prioritising availability of thermal coal to the power plants by streamlining both its road and rail supply network, its plans of acquiring a 20-25 per cent stake in an Australian firm which could have ensured .....»»

Category: topSource: business-standardFeb 16th, 2018

Walmart could buy 40 percent of India"s Flipkart - sources

Walmart is in talks to buy a stake of at least 40 percent in Indian e-commerce firm Flipkart, in a direct challenge to Amazon.com Inc in Asia’s third-largest economy. Silvia Antonioli reports......»»

Category: videoSource: reutersFeb 16th, 2018

Walmart is reportedly in talks to buy over 40% of one of India"s largest e-commerce platforms (WMT, AMZN)

Reuters/Ray StubblebineWalmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia’s thir.....»»

Category: topSource: businessinsiderFeb 16th, 2018

Unpublished Reserve Bank data shows fraud problems extend far beyond PNB

In India, loan frauds typically refer to cases where the borrower intentionally tries to deceive the lending bank and does not repay the loan.....»»

Category: topSource: business-standardFeb 16th, 2018

Exclusive: Walmart in talks to buy more than 40 percent of India"s Flipkart - sources

MUMBAI (Reuters) - Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday......»»

Category: topSource: reutersFeb 16th, 2018

Why has Citibank banned use of cards to purchase cryptocurrencies?

In December, the finance ministry had likened virtual currencies to Ponzi schemes. The Reserve Bank of India, too, has issued repeated warnings.....»»

Category: topSource: business-standardFeb 14th, 2018

RBI"s measures are good; be selective in buying PSU banks, say analysts

Banking stocks came under selling pressure on Wednesday after the Reserve Bank of India (RBI) unveiled new norms for dealing with non-performing assets (NPAs) on Monday. Nifty PSU Bank was the worst performing index, falling over 3.....»»

Category: topSource: business-standardFeb 14th, 2018