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NDA's first oil auction to see road shows in US, Canada this week

Govt oil brass to promote Discovered Small Fields Bid Round

Telangana government to set up NRI department

The department will create a database of overseas migrant workers, provide skill training and help secure a job Visa for those who aspire to go to these countries in search of work

EPC player Fabtech bags orders Rs 734 cr

The company eyes Rs 2,000 cr turnover in the next five years

Royalty from minor minerals to accrue to environment fund

The funds would be utilized for environmental conservation, restoration & regeneration activities

IndusInd Bank opens international banking unit at GIFT City

Bank will be able to actively offer products such as ECBs to customers in an area where it had limited capabilities so far

Citi India FY16 net down 5% at Rs 3,233 cr

Capital adequacy at 15.8% up from 15.3% a year ago; net NPA at 0.5% compared to 0.4% as on March 31, 2015

Edelweiss Financial Services to enter general insurance

Edelweiss General Insurance will be EFS' wholly-owned subsidiary

L&T Infotech IPO fully subscribed on Day 1

The 12.25-million share offering attracted 14.65 million bids - 1.2 times shares on offer

WhatsApp co-founder funds Gurgaon-based connected car start-up Trak N Tell

The start-up offers a product that allows car owners to track and immobilise vehicles in case of theft, via their smartphones

Altico Capital invests Rs 180 crore in Pune's Pharande Group

Funding in tranches; proceeds to used by developer for refinancing existing lender and for project construction

Delhi High Court issues restraining orders on bank strike

From going on strike against the proposed merger of associate banks with State Bank of India

Indian MNCs fare better than EM peers on corporate disclosures: Report

However, EM firms, on an overall basis, show low levels of transparency; Nearly 1/3rd of firms post a score less than 5 out of ten in transparency tests

Zydus gets FDA nod for diabetes drug

The company today informed in a statement that it has received the nod from the US drug regulator to market the drug in strengths of 60 mg and 120 mg

Exide Life launches term plans with return of premium

The company is discontinuing its existing regular term plan and replacing it with the ROP as there is more demand for ROP plans

Vedanta will expand business in Africa

Group will sign two MoUs with South African firms when Anil Agarwal visits country as part of Modi's team on 8 July

DRT rejects KFA's plea against banks

The airline said the banks did not lend money on time for projects that could have helped in revival of the airline

Sebi proposes valuation norms for InvITs

Sebi wants mandatory disclosure in valuation report including adequate info on valuation and other aspects of underlying assets

Hindujas-owned Houghton buys Wallover Enterprises in US

This acquisition marks Houghton's latest strategic investment in the specialty metalworking and industrial fluids segment

Progress Software gives its staff one day a month for ideation

The programme was rolled out in four Progress labs, including its development center in Hyderabad