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New Delhi :: India | 1 day ago

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State-owned United Bank of India today said it has raised Rs 300 crore by selling shares on preferential basis to LIC. The bank has received Rs 299.99 crore from Life Insurance Corporation of India (LIC) and completed the preferential allotment of 8.

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Mumbai :: India | 5 days ago

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Friday reported a 14 per cent decline in its June quarter net profit at Rs 312.90 crore due to a jump in provisioning for bad assets. The company had posted post tax net of Rs 366.27 crore in the corresponding period last fiscal. Total income grew to

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Mumbai :: India | 6 days ago

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The Rubber Board has submitted a proposal to the Union government to promote rubber cultivation in Maoist-affected areas of States such as Jharkhand, Chhattisgarh and Odisha. In a chat with presspersons on the sidelines of a meeting of rubber growers

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Mumbai :: India | 6 days ago

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Credit pick-up continued to inch up for the second fortnight in a row rising 13.67 per cent to Rs 61,21,418 crore for the fortnight ended July 11 as against Rs 53,85,033 crore in the same period last year. According to the latest Reserve Bank data,

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Mumbai :: India | 7 days ago

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Private sector lender Yes Bank on Wednesday said it has reported a 9.6 per cent jump in its net profit at Rs...Profits were higher, driven by a 13 per cent increase in net interest income, Yes Bank chief financial officer Rajat Monga told reporters

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Mumbai :: India | 7 days ago

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NewsApp  NewsApp (Free) Read news as it happens Available on   Rediff News   All News  I ndian banks, particularly those owned by the government and facing an urgent need to raise capital, could get some relief. The finance ministry has written to

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New Delhi :: India | 7 days ago

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IST Share More Indian markets are expected to trade in a range. Here is a list of fifteen stocks which are likely to be in focus today. Indian markets are expected to trade in a range on Wednesday, tracking positive trend seen in other Asian markets

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Mumbai :: India | 8 days ago

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The Hindu Consumers in the Thiruvananthapuram region will have to shell out Rs.36 per litre (an increase of Rs.4) for the Smart brand of double-toned milk...As per the revised rates, the price per litre has gone up by Rs.3. Consumers in the

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Mumbai :: India | 12 days ago

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Bank employees union today claimed that bad loans under litigations have gone up by 10 per cent to Rs 77,000 crore...With an outstanding of Rs 2,673 crore (of the total Rs 7,500 crore in dues to 17 banks) stuck in litigation, Kingfisher Airlines

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Mumbai :: India | 12 days ago

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The decision to raise the price, Rs.3 a litre on an average for different varieties, was taken considering the mounting production cost for dairy farmers, said Milma chairman P.T...As much as 80 per cent of the hike will go to farmers and the rest

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