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The government has asked PNB and probe agencies to share details of the Rs 13,000 crore scam with chartered accountants apex body ICAI, which is looking into the systemic issues related to the fraud, an official said.Business
Govt asks Punjab National Bank to share scam details with ICAI

The govt has asked PNB and probe agencies to share details of the Rs 13,000 crore scam with ICAI.

3 April 2018 6:59 PM IST

For the period between April 2014 and March 2017, the overall bank PV loans grew at a compounded annual growth rate (CAGR) of 18 per cent.Business
PV finance may grow at 16-17 per cent to hit Rs 6.5 trillion

The expansion in credit will be driven by passenger vehicle (PV) sales volume and passenger vehicle realisation growth.

3 April 2018 6:50 PM IST

Private lender IndusInd Bank on Tuesday announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.Business
IndusInd Bank to pilot WhatsApp enterprise solution

The integration with WhatsApp will allow IndusInd Bank to start appearing as a verified account when it communicates...

3 April 2018 6:38 PM IST

In the beta form, users can generate their Virtual ID and use it to update address in Aadhaar online for the time being, according to UIDAI which announced the Virtual ID concept earlier this year to address privacy concerns.Business
UIDAI unveils Virtual ID in beta form; service providers to use VID...

In the beta form, users can generate their Virtual ID and use it to update address in Aadhaar online.

3 April 2018 6:24 PM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
Yes Bank wants to become a technology firm

It has inducted Raj Ahuja, who comes with an experience in fintech, telecom and technology sectors.

3 April 2018 6:10 PM IST

ICICI Bank MD and CEO Chanda Kochhar has pulled out of the annual session of FICCI Ladies Organisation (FLO).Business
Chanda Kochhar pulls out of President Ram Nath Kovind's event

Kochhar was to be the Guest of Honour at the April 5 event and flyers sent out last month mentioned her name...

3 April 2018 5:35 PM IST

Correct position is captured through counting of lane km, Gadkari said.Business
India to adopt global norms for highway construction calculations

A record 9,829 km of highways were constructed in 2017-18 which comes to 26.92 km of roads per day.

3 April 2018 5:22 PM IST

George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.Business
Muthoot Finance to sell Rs 3000 cr debt

Muthoot Finance said it will raise up to Rs 3,000 crore in debt, to help it to expand its loan book.

3 April 2018 5:09 PM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.Business
IGL provides record 1.5 lakh cooking gas connections

A large number of innovative customer-centric schemes have been launched to achieve the objective.

3 April 2018 4:54 PM IST

The companys new products such as the fifth-generation all-new Land Rover Discovery and the New Range Rover Velar have been received very well in the market.Business
Jaguar Land Rover India posts 83 per cent rise in FY18 sales

JLR India completed 2017-18 with a total sales of 4,609 units against 2,514 units in the previous fiscal.

3 April 2018 4:54 PM IST

UIDAI on Tuesday said it does not have information about bank accounts, health records, or financial and property details of Aadhaar holders.Business
Database has minimal information on Aadhaar holders: UIDAI

The move comes at a time when the Constitution Bench of the Supreme Court is hearing a clutch of petitions challenging...

3 April 2018 4:41 PM IST

Niche bike maker Royal Enfield on Tuesday said it has earmarked Rs 800 crore capex for the current fiscal for various activities.Business
Royal Enfield lines up Rs 800 cr capex for current fiscal

It has also decided to set up wholly-owned subsidiaries in Indonesia and Thailand.

3 April 2018 4:33 PM IST

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