Banks Board Bureau has done well with support of RBI and govt: Vinod Rai

The former CAG said that the coordination was to the extent that the finance minister himself took him into confidence even when there was change of guard at the two large public sector banks in 2017.....»»

Category: topSource: business-standardMar 26th, 2018

State’s biotech IPO class of 2017 gets mixed reviews from investors

In 2017, the Massachusetts biotech sector produced 12 new public companies, which raised over $1 billion combined by listing their shares on the Nasdaq. That was the most IPOs — and the most money raised — for local life sciences firms since 20.....»»

Category: topSource: bizjournalsMar 6th, 2018

Letter to BS: Who wants public sector bank reforms, anyway?

Who is preventing a wholesale overhaul of public sector banks (PSB) to bring them on par with the best among the world-class commercial banks?.....»»

Category: topSource: business-standardMar 5th, 2018

PSBs write off Rs 5.16-bn NPAs of 38 wilful defaulters in H1FY18

State Bank of India accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters as of March 2017.....»»

Category: topSource: business-standardMar 4th, 2018

Gitanjali Gems was a partner for Vibrant Gujarat Summit 2017: Congress

New Delhi, 23 FebruaryThe Congress party on Friday alleged the bank fraud involving jewellers Nirav Modi and Mehul Choksi not only siphoned Rs 213 billion from public sector banks, but also cheated India's middle class of Rs 50 bill.....»»

Category: topSource: business-standardFeb 23rd, 2018

Niti making new list of sick PSUs for divestment: Amitabh Kant

The 2017-18 Budget had set the target of disinvestment in public sector units at Rs 725 billion.....»»

Category: topSource: business-standardFeb 21st, 2018

Allahabad Bank reports net loss of Rs 12.64 bn in Q3 as bad loans rise

Public sector lender Allahabad Bank posted a net loss of Rs. 12.64 billion for the quarter ended December 31, 2017 as compared to a net profit of Rs. 0.75 billion in the corresponding quarter of the previous fiscal year on account .....»»

Category: topSource: business-standardFeb 14th, 2018

PM Modi to inaugurate Hyderabad Metro Rail project today

Prime Minister Narendra Modi will tomorrow inaugurate the Hyderabad Metro Rail project, touted as the world's largest public-private partnership (PPP) in the sector. Commercial operations of the Metro project will begin Novem.....»»

Category: topSource: business-standardNov 27th, 2017

FinMin asks banks to prevent defaulters from buying stressed assets

NPAs of public sector banks increased to Rs 7.33 lakh cr by June 2017.....»»

Category: topSource: business-standardNov 19th, 2017

e-commerce drives construction hike

Commercial construction spending in the second quarter of 2017 increased 13 percent from the same period last year and office construction rose 11 percent, according to the latest Marcum Comme.....»»

Category: realestateSource: realestateweeklyAug 25th, 2017

Optical component makers PCL, TrueLight report mixed results for 1H17

Optical communication component makers PCL Technologies and TrueLight have reported mixed results for the first half of 2017, but both are eyeing demand from the data center sector to drive sales growths in the second half......»»

Category: topSource: digitimesAug 15th, 2017

Public Sector Mergers In India: Does Size Bring Synergies?

In June 2017, the $23 billion Vodafone-Idea Cellular merger got the go ahead from the Competition Commission of India. A few days later, the government announced a .....»»

Category: blogSource: valuewalkAug 12th, 2017

PSU banks wrote off Rs 2.49 lakh cr of loans in 5 years: Finance ministry

The gross NPA of public sector banks was 12.47 per cent of gross advances as on March 31, 2017.....»»

Category: topSource: business-standardAug 7th, 2017

Nonresidential Construction Spending falls in June, driven by public sector

Nonresidential construction spending fell by 2% on a monthly basis in June 2017, totaling $697 billion on a seasonally adju.....»»

Category: realestateSource: bdcnetworkAug 2nd, 2017

IBPS MT/PO 2017: Prelim, Main Exam and Interview Details

IBPS is set to undertake the recruitment programs for (MT)/(PO) in 20 public sector banks.....»»

Category: topSource: business-standardJul 4th, 2017

Odisha turns to payments banks, SFBs to tap unbanked areas

Commercial banks in Odisha, especially the public sector lenders are battling alarming NPAs.....»»

Category: topSource: business-standardJul 1st, 2017

Online privacy myths, exposed

Just because everyone uses public Wi-Fi doesn't mean you should. And you need to go the extra mile to wipe hard drives. Columnist Marc Saltzman has tips for making your surfing safer.     &#.....»»

Category: topSource: usatoday2 hr. 35 min. ago

Here Are The Hedge Funds Speaking At Today"s Ira Sohn Conf, And How Their 2017 Ideas Did

While the days when hedge funds could make or break stocks with a single whisper of a ticker at various public venues are long gone, now that the h.....»»

Category: blogSource: zerohedge10 hr. 50 min. ago

Goa Shipyard to go public next year; eyes Rs 50-bn revenue in 5 years: CMD

The value of production increased to Rs 13.71 billion in 2017-18 from Rs 5 billion in 2013-14.....»»

Category: topSource: business-standardApr 22nd, 2018

Why PPP projects fail

The private sector can only take up the risks of project construction whereas the ability to manage the regulatory risk is that of the public sector.....»»

Category: topSource: business-standardApr 19th, 2018