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hai\. The issue has got more complicated with a former French president weighing in about who chose Reliance Defence as partner.Business
Sky's not the limit for India in defence, aerospace tech

India's aerospace & defence market could reach $23 billion by 2024.

22 Feb 2019 1:48 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.Business
Insurers asked to focus on governance

The high-level meeting was the first of its kind.

22 Feb 2019 1:48 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.Business
Banks unwilling to reduce loan rate despite RBI's call

The RBI cut the repo rate by 25 basis points to 6.25 per cent in its monetary policy review earlier this month.

22 Feb 2019 1:48 AM IST

IT stocks declined up to 6% on Friday due to concerns over tightening of H1-B visa norms. Shares of Infosys dropped 3.11%, TCS fell by 0.55% on the BSE.Business
Promoters pledge shares worth more than Rs 2 lakh crore

As of December 2018, the value of outstanding pledged shares were at Rs 1.96 lakh crore.

22 Feb 2019 1:48 AM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)Business
RCap seeks to sell entire RNAM stake

The company said it would make further announcements at the appropriate time.

22 Feb 2019 1:47 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.Business
Rupee drops 13 paise to 71.24 against dollar as crude rises

At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.06 and rose to 70.91.

21 Feb 2019 6:20 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)Business
Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20:...

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

21 Feb 2019 6:02 PM IST

Moodys is a global rating agencyBusiness
Despite massive capital infusion, full turnaround is still away for...

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and...

21 Feb 2019 5:51 PM IST

The settlement is for four years from April 1, 2018, to March 31, 2022, and it will benefit around 20,000 employees in the Indian cement industry.Business
CMA inks wage settlement pact with trade unions

A total of 21 cement companies, consisting major players which cover 60 per cent of the country's total cement capacity.

21 Feb 2019 5:42 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.Business
ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

21 Feb 2019 5:29 PM IST

The initiative will enhance the financial performance of the commercial banks, and will assist them to cope with RBIs prompt corrective action (PCA) plan. (Photo: Linkedin)Business
CARE Ratings to government: From where will you get the recap funds...

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

21 Feb 2019 5:19 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.Business
EPFO finalises 8.65 per cent interest for 2018-19: Gangwar

The interest rate is credited into the subscribers account after the Finance Ministry's approval.

21 Feb 2019 5:05 PM IST

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