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DBS Bank opens new wholly owned subsidiary in India

Principle activity of the Asia Hub 2 will be to provide technology related services to the DBS Group

Gross enrolment ratio in higher education zooms

Increases to 23.6%; minister confident 30% target will be achieved by 2020

Lending rate guidelines to help policy transmission: ICRA

New MCLR, effective April 1, will impact the new borrowers immediately, while some old borrowers with better credit profile would want to shift to the new regime

Rajya Sabha passes 3 Bills, Lok Sabha passes 1

More Bills might be taken up, to clear the backlog

Bankruptcy Bill introduced in Lok Sabha as a money Bill

The Bill is one of the steps that Finance Minister Arun Jaitley has identified as crucial for India to improve ease of doing business

Moody's lowers Union Bank of India's credit assessment

Moody's said baseline credit assessment of "ba3" reflects the bank's poor asset quality and weak earnings performance

RBI plans to monitor peer-to-peer lending

Several online portals have sprung up in India to facilitate such lending, some even getting private funding from investors

Kishore Biyani, Venu Srinivasan, Kiran Shaw advise Karnataka to attract more investments

Udyog Mitra aims to provide easy clearance and complete assistance to investment projects worth Rs 15 cr and more

Bandhan Bank plans to boost rural transport, start-ups

Will finance rickshaw-pullers who want to buy mechanised or battery-powered rickshaws

NBFCs are here to stay, says BCG

Says the sector is mastering use of digital surrogate data, in the absence of income proof documents, to improve credit penetration in India

Govt pulled up for 'Nairobi surrender'

Experts say India could have done more at WTO ministerial

Narayana Hrudayalaya's IPO sails through on bourses

Issue was subscribed 8.5 times, with bids received for 145 mn shares

BSE forms advisory group to fast-track startup platform

Sebi had cleared alternate fund-raising platform for startups in June this year

IIMB, Apollo Medskills launch management programme for health care professionals

The year-long certificate programme will commence in June 2016

Arbitration law would unlock the capital flow in construction sector: Assocham

Almost Rs 5 lakh crore has been stuck in arbitration involving the EPC projects mostly awarded by the Centre and the state govts

Murugappa, TVS groups invest in Industrybuying, a B2B online marketplace for industrial material

Corresponding to the trend of Individuals from Family Businesses emerging as New Age Investors

Godrej Agrovet acquires 25% additional stake in Creamline Dairy at Rs 150 cr

Agrovet has close to 20% market share in the organized cattle feed market

Hydro power projects default on capacity utilisation, recovering dues: CAG

The cumulative outstanding dues of Rs 4,112 cr remained unrecovered from five beneficiaries by CPSEs as of 31 March, 2015

Lenders to consider restructuring DCHL: Sunil Kanoria

Srei is the single largest share-holder in Deccan Chronicle Holdings

RCom sells 150 flats in Navi Mumbai for Rs 330 cr

The sale is part of the company's overall strategy to monetise its real estate assets to reduce debt