Sensex closes 128 points down, BHEL, ICICI Bank shares hit (Roundup)
September 5th, 2012 - 7:16 pm ICT by IANS
Mumbai, Sep 5 (IANS) A benchmark index of Indian equities markets Wednesday closed 128 points down in line with weak global bourses. Metal, capital goods and banking stocks were ... Read more...
Posted in Business |
926 bank branches to accept advance income tax
August 22nd, 2012 - 8:47 pm ICT by IANS
Mumbai, Aug 22 (IANS) In a bid to make tax filing easier, the Reserve Bank of India (RBI) Wednesday directed 926 branches of public and private sector banks in Mumbai ... Read more...
Posted in Uncategorized |
Axis Bank quarterly net profit rises 22 percent
July 17th, 2012 - 6:10 pm ICT by IANS
Mumbai, July 17 (IANS) Axis Bank Tuesday reported a 22.4 percent rise in its net profit at Rs.1,153.5 crore during the quarter ended June 30 against Rs.942.35 crore in ... Read more...
Posted in Business |
Over Rs.1 crore stolen from Axis Bank ATMs in Allahabad
July 15th, 2012 - 12:53 am ICT by IANS
Allahabad, July 14 (IANS) In a sensational incident, over Rs.1 crore was stolen Saturday from different ATMs of Axis bank in Allahabad, police said Saturday.The matter came to light Saturday ... Read more...
Posted in Uncategorized |
Bankers ask RBI to ease liquidity
July 9th, 2012 - 6:17 pm ICT by IANS
Mumbai, July 9 (IANS) Top bankers Monday urged the Reserve Bank of India (RBI) to ease liquidity in the banking system to help revive industrial growth.Executives of leading lenders ... Read more...
Posted in Business |
Fitch cuts SBI, PNB, ICICI Bank outlook to negative (Lead)
June 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, June 20 (IANS) Global ratings agency Fitch Wednesday cut its outlook on leading Indian financial institutions, including State Bank of India (SBI), ICICI Bank and Punjab National Bank ... Read more...
Posted in Business |
Fitch revises ratings for 11 Indian financial institutions
June 20th, 2012 - 4:23 pm ICT by IANS
Chennai, June 20 (IANS) Credit rating agency Fitch Ratings Wednesday announced the revision of the Outlook on the 'BBB-' Long-Term (LT) Foreign Currency (FC) Issuer Default Rating (IDR) of ... Read more...
Posted in Business |
Airtel, Axis Bank join hands for mobile banking
May 16th, 2012 - 9:56 pm ICT by IANS
New Delhi, May 16 (IANS) Telecom company Bharti Airtel Wednesday said its subsidiary, Airtel mCommerce Services, and Axis Bank have partnered to offer banking and payment services, especially to India's ... Read more...
Posted in Sci-Tech |
Moody’s downgrades ICICI Bank, HDFC Bank, Axis Bank
May 14th, 2012 - 5:17 pm ICT by IANS
New Delhi, May 14 (IANS) Credit ratings agency Moody's Monday downgraded India's three top private sector lenders -- ICICI Bank, HDFC Bank and Axis Bank -- on growing concerns over ... Read more...
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Banking stocks fall on concern new norms may hit profits
May 3rd, 2012 - 4:17 pm ICT by IANS
Mumbai, May 3 (IANS) The share price of banking stocks fell sharply Thursday, a day after the Reserve Bank of India (RBI) announced guidelines for implementing Basel III norms ... Read more...
Posted in Business |
Moody’s may downgrade India’s three top private lenders
April 30th, 2012 - 3:23 pm ICT by IANS
Mumbai, April 30 (IANS) Global ratings agency Moody's Investors Service said Monday it has placed on review India's three top private sector lenders ICICI Bank, HDFC Bank and Axis ... Read more...
Posted in Business |
S&P; lowers outlook on SBI, ICICI and HDFC Bank
April 25th, 2012 - 9:18 pm ICT by IANS
Mumbai, April 25 (IANS) Global ratings agency Standard & Poor's Wednesday cut its outlook to negative from stable on 11 financial institutions, including the top three banks State Bank ... Read more...
Posted in Business |
Rs.33 lakh looted from bank van (Lead, changing dateline)
March 31st, 2012 - 8:51 pm ICT by IANS
Meerut, March 31 (IANS) At least six car-borne robbers Saturday looted Rs.33 lakh from a cash van of Axis Bank when its employees were about to load money into an ... Read more...
Posted in Uncategorized |
Rs.33 lakh looted from bank van
March 31st, 2012 - 5:45 pm ICT by IANS
Lucknow, March 31 (IANS) Four car-borne robbers Saturday looted Rs.33 lakh from a cash van of Axis Bank when its employee was about to load money into an ATM in ... Read more...
Posted in Business |
Nine Indians among Asia’s most powerful businesswomen to watch
March 1st, 2012 - 9:25 pm ICT by IANS
Washington, March 1 (IANS) Nine Indians figure among "50 dynamic women" in Forbes magazine's inaugural list of "Asia's most powerful businesswomen to watch" who have proved "game-changers" and inspired ... Read more...
Posted in World |
Award is recognition for team work: M.V. Subbiah
January 26th, 2012 - 2:15 am ICT by IANS
Chennai, Jan 26 (IANS) M.V. Subbiah, former chairman of the city based $3.8 billion Murugappa group and chairman of National Skill Development Corporation (NSDC) Wednesday dedicated the award of ... Read more...
Posted in Business |
Declare 2012 as year of ‘Proud to be Skilled Indian’ (Comment)
December 25th, 2011 - 11:30 am ICT by IANS
Never before in the history of any country has human capital development been such a key focus area as 2011 was for India, marking the beginning of exciting times. Determined ... Read more...
Posted in Business |
Credit offtake to pick up next year: Axis Bank
December 9th, 2011 - 7:32 pm ICT by IANS
Kolkata, Dec 9 (IANS) Credit growth will start picking up in 2012, Shikha Sharma, managing director and chief executive officer of Axis Bank, said Friday."Credit growth is directly linked to ... Read more...
Posted in Business |
RBI, 926 branches of banks to accept advance income tax
November 10th, 2011 - 2:04 pm ICT by IANS
Mumbai, Nov 10 (IANS) The Reserve Bank of India (RBI) and 926 computerised branches of public and private sector banks will receive advance income tax in Mumbai in a bid ... Read more...
Posted in Business |
Banks’ downgrade pushes Sensex 207 points down
November 9th, 2011 - 7:27 pm ICT by IANS
Mumbai, Nov 9 (IANS) Indian equities fell sharply in afternoon trade Wednesday with a benchmark index closing 218 points lower as credit agency Moody's downgraded the rating of Indian ... Read more...
Posted in Business |
Axis Bank’s net profit up 25.18 percent
October 22nd, 2011 - 6:45 pm ICT by IANS
Mumbai, Oct 22 (IANS) Private lender Axis Bank Saturday reported an increase of 25.18 percent in its net profit for the second quarter of the current fiscal at Rs.920.32 crore, ... Read more...
Posted in Business |
Left walks out of Kerala assembly
October 19th, 2011 - 3:48 pm ICT by IANS
Thiruvananthapuram, Oct 19 (IANS) The Left opposition Wednesday walked out of the Kerala assembly protesting the state government's decision to disburse salaries and pensions to its employees through three private ... Read more...
Posted in Politics |
Cash, jewellery seized from Reddy kin’s bank lockers, driver
September 17th, 2011 - 9:01 pm ICT by IANS
Bellary (Karnataka)/Hyderabad, Sep 17 (IANS) Cash, documents and gold jewellery were Saturday found in several bank lockers of B. Srinivasa Reddy, managing director of arrested mining baron G. Janardhana Reddy's ... Read more...
Posted in Uncategorized |
CBI takes Janardhana Reddy’s kin to Bellary
September 17th, 2011 - 11:55 am ICT by IANS
Hyderabad, Sep 17 (IANS) Obulapuram Mining Company (OMC) managing director B.V. Srinivasa Reddy, who is under CBI custody, was Saturday taken from Hyderabad to Karnataka's Bellary for probe in connection ... Read more...
Posted in Politics |
Axis Bank begins skill training scheme in Bengal
August 13th, 2011 - 8:51 pm ICT by IANS
Kolkata, Aug 13 (IANS) Axis Bank and micro finance institution Bandhan Saturday jointly launched a Rs.100 crore initiative for providing skill training and assets to marginalised and excluded people in ... Read more...
Posted in Business |
GMR secures funding for its Singapore power project
July 15th, 2011 - 7:55 pm ICT by IANS
Singapore, July 15 (IANS) GMR Infrastructure Ltd's Singapore-based energy subsidiary Friday said it has secured funds for its 800 MW power project from a consortium of six banks."The financing structures ... Read more...
Posted in Business |
Indian firms in Forbes Global 2000 list (To go with 57 Indian firms in Forbes Global 2000 list)
April 23rd, 2011 - 4:33 pm ICT by IANS
Washington, April 23 (IANS) Here is the list of Indian companies and their sales with their world ranking in brackets:1.. (121) Reliance Industries ... Read more...
Posted in Business |
Some of the top Indian women bankers (Sidebar)
March 6th, 2011 - 3:47 pm ICT by IANS
New Delhi, March 6 (IANS) A list of banks and financial institutions with Indian women at the helm:- ICICI Bank: Chanda Kochhar- ICICI Venture: Lalita D. Gupte- ICICI Securities: Madhabi ... Read more...
Posted in Uncategorized |
In India, women bankers have broken glass ceiling (March 8 is International Women’s Day)
March 6th, 2011 - 3:47 pm ICT by IANS
New Delhi, March 6 (IANS) As the world celebrates Women's Day Tuesday, a striking facet in the otherwise male-dominated corporate world in India has been the representation of women in ... Read more...
Posted in Business |
‘No glass ceiling for women in India’
February 7th, 2011 - 1:37 pm ICT by IANS
By Arun Kumar
Washington, Feb 7 (IANS) Succesful Indian women believe there is no glass ceiling for women in India though Indian men still struggle to be supportive of their aspirations and women ... Read more...
Posted in Health Science |
Gang of credit card cheats busted
January 28th, 2011 - 1:00 am ICT by IANS
New Delhi, Jan 27 (IANS) A gang allegedly involved in duping people by using cloned credit and debit cards of different international banks and data of international customers has been busted with ... Read more...
Posted in Uncategorized |
Delhi road rage: Cops await victim’s autopsy report
January 13th, 2011 - 11:35 pm ICT by IANS
New Delhi, Jan 13 (IANS) The autopsy of restaurant manager Rajiv Jolly, who was killed in a road rage incident here two days ago, was conducted Thursday and police said they hoped ... Read more...
Posted in Uncategorized |
Delhi road rage: Jet Airways pilot granted bail (Lead)
January 12th, 2011 - 12:28 pm ICT by IANS
New Delhi, Jan 12 (IANS) Jet Airways pilot Vikas Agarwal was granted bail Wednesday morning, a day after he allegedly ran his car over another driver in a case of road rage ... Read more...
Posted in Uncategorized |
Capital rage: Airline pilot crushes man in Khan Market (Night Lead)
January 12th, 2011 - 12:12 am ICT by IANS
New Delhi, Jan 11 (IANS) A slight collision between their cars and a heated argument led a Jet Airways pilot to crush the other driver under the wheels of his vehicle in ... Read more...
Posted in Uncategorized |
Capital rage: Airlines pilot crushes man in Delhi’s Khan Market (Third Lead)
January 11th, 2011 - 10:07 pm ICT by IANS
New Delhi, Jan 11 (IANS) A slight collision between their cars and a heated argument led a Jet Airways pilot to mow down the other driver in the upscale Khan Market in ... Read more...
Posted in Uncategorized |