Page 856 - Bs Reporter

GE Healthcare takes big leap in Make in India journey

Launches India designed CT Scanner for India and world markets

RBI approves ING Vysya-Kotak Mahindra merger

Acquisition will make Kotak Mahindra fourth largest private sector lender in the country, with a total business of Rs 2.25 lakh crore

Central bank scraps ceiling on buyer's credit for project exports

The step has been taken to further liberalising the procedures for export of goods and services

Banking units in IFSC must have capital of at least $20 mn

An International Financial Services Centre is being set up at Gandhinagar, Gujarat as part of an SEZ

RBI mandates 100% provisioning for fraud cases

The entire amount due to the bank, for which the bank is liable, is to be provided for over a period not exceeding four quarters

Bank credit growth likely to fall to 20-year low

Meanwhile, for the fortnight ended March 20, deposits grew 11.42% y-o-y

ICICI Bank to remain open in most states today

New norms to appoint PSB non-official directors

Any director in non-official capacity will be appointed for up to six years or two terms

SC stays summons to Manmohan Singh, KM Birla, PC Parakh

The former PM had last week challenged the summons issued by a CBI court asking him to appear as an accused

Sustainable Agro-commercial Finance raises Rs 112 cr

BJP National Executive resolution to laud Modi govt

Giriraj Singh's racist remark against Sonia Gandhi sparks row

Nigerian High Commission demands apology from minister

Bombay HC allows collecting info on outstanding from NSEL investors

Court has set up 3-member committee to recommend recovery of outstanding amount from NSEL defalulters

Banks, rate-sensitives drive markets ahead of RBI policy

The Sensex surges 302 points; logs first weekly gain in three weeks. The Nifty rises 95 points

Amaravathi is the name of Andhra'new capital city

State govt had collected 33,000 acres of land from local farmers for constructing the city

Andhra Pradesh unveils new industrial policy

Separate set of incentives for textile, biotech, auto sectors

BEL turnover up 8 per cent to Rs 6,671 crore in FY15

The defence PSU also achieves exports worth $58 mn in 2014-15, up 38% over the previous year

Gold shipments into Gujarat register highest rise in last four years: GSECL

The official added that rise in import of gold is a sign that the economy is recovering slowly

CNG, PNG gas prices slashed in Gujarat

Gujarat energy minister Saurabh Patel stated that the central govt has been supplying natural gas to meet demands for domestic gas and CNG

Power tariff hiked by 2.47% in Gujarat

Effective from April 1, 2015, the new tariff will put an additional burden of Rs 781 cr annually on the consumers of the four discoms