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State Bank of India Chairman Rajnish Kumar had, on Monday, suggested that while the bank has linked home loans and cash credit facilities to the repo rate, deposits too should have floating rates.
Floating rates for bulk deposits on the cards?
Sangeetha G
21 Aug 2019 1:11 AM

About 35 per cent of bank liabilities are savings bank (SB) deposit.

Such investments give an opportunity to infrastructure developers to monetize part of their holdings and free up capital for funding greenfield infrastructure development and deleveraging.
PE/VC infra deals this year beat 7-year total
Sangeetha G
20 Aug 2019 2:48 AM

The infrastructure has been witnessing the private equity and venture capital investments going up since 2012.

During the past few months, the price of platinum too had fallen significantly. From a recent high of $912 per ounce in mid-April prices had come down to $786 an ounce in the end of May.
High platinum imports mystify industry, experts
Sangeetha G
16 Aug 2019 2:12 AM

During June and July, platinum worth Rs 247 crore was imported into the country against Rs 51 crore in the same period last year.

Prime Minister Narendra Modi addressing the nation on Independence Day.
Tourism players say time to walk the talk
Sangeetha G
16 Aug 2019 2:03 AM

According to the UN World Tourism Organisation's predictions, 50 million Indians will travel overseas in 2019, up from 23 million in 2017.

Global Village is a 4 million-sqft office space located on a 120-acre campus with clients like Mphasis, Accenture and Mindtree.
Coffee Day to sell tech park to Blackstone
Sangeetha G
15 Aug 2019 2:09 AM

The company has entered into a non-binding letter of intent with Blackstone.

Comex gold too gained $28 initially and lost $55 per ounce during the course of the session.
Gold seen at Rs 40,000 before Diwali
Sangeetha G
14 Aug 2019 4:15 AM

However, analysts still believe gold will resume the bull-run and touch Rs 40,000 in the Indian market before Diwali.

Amazon (Photo: ANI)
Amazon closer to buying stake in Future Retail
Sangeetha G
14 Aug 2019 4:15 AM

Amazon had been in talks with Future Retail for stake purchase a few months back.

Mukesh Ambani
Reliance Retail may get global partner
Sangeetha G
13 Aug 2019 4:54 AM

Reliance Retail has crossed Rs 130,000-crore turnover and is four times larger than the second largest retail player.

V G Siddhartha
Ernst and Young to investigate Coffee Day incidents
Sangeetha G
09 Aug 2019 1:14 AM

EY will investigate the circumstances that led to the statements made in the purported letter by Siddhartha dated July 27.

Rakesh Biyani
Future’s small stores to turn profitable in a year
Sangeetha G
09 Aug 2019 1:13 AM

Future Retail had made a few acquisitions in the past to build its small store neighbourhood format.

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