Bank of India sees subdued growth in corporate loans The Times Of India MUMBAI: State-run lender Bank of India expects a subdued growth for its corporate loan book in the coming quarters and will be cautious about lending to risky sectors, senior officials said, as increased provisions due to debt restructuring and credit losses hurt the bank in October-December. | Corp...
'Bank of India sees subdued growth on corporate loans' The Times Of India MUMBAI: State-run Bank of India sees subdued growth on corporate loans going forward, while rising debt restructuring by corporates is exerting stress on the bank's assets, executive director N. Seshadri said on Friday. | He said stress is evident in the loans given to textile, aviation, steel and p...
DoT for a one-time fee for spectrum beyond 6.2 MHz The Times Of India NEW DELHI: The Telecom Commission, the highest decision making body of DoT, has decided to charge a one-time fee for extra spectrum beyond the contracted limit of 6.2 MHz, a move that may put huge financial burden on old GSM operators. | According to...
Ibobi banks on gratitude The Hindu The battle royal of the Assembly elections in Manipur, scheduled for Saturday, will be fought in the Thoubal constituency, where Chief Minister Okram Ibobi Singh is locked in a three-cornered contest with Indira Oinam of the BJP and A. Manglemjao of ...
Losses in Europe and Asia hurt Ford's fourth-quarter profits The Los Angeles Times Ford Motor Co. reported a giant annual profit, but much of the gain came from a special tax allowance, and the company said its operating earnings were hurt by losses in Europe and Asia and rising commodity prices. | The automaker reported an annual ...
Lok Ayukta slams Delhi finance dept DNA India | Delhi's Lok Ayukta today came down heavily on the city government's finance department, accusing it of trying to "scuttle" an inquiry into a whistleblower's complaint alleging a Rs129-crore scam involing tax liability against Reliance Energy Ltd. |...
Suspension of FDI in retail a pause, India assures Walmart DNA India | India today assured global retail giants Walmart and Metro that its reforms agenda is well on course and the decision to put on hold FDI in multi-brand retail is "just a pause", forced by compulsions of coalition politics. | This assurance was give...
Waiting Out China's Next Growth Spurt US News Strategist: It may be time for investors to hold rather than add, unless they’re brave | The compromised buying power of Europe and the United States will have a lot of pull on China's 2012 economic and stock-market fate. There's little Chinese off...
WN / Priya Dashini
Twitter may censor tweets in individual countries The Guardian | MICHAEL LIEDTKE | AP Technology Writer= SAN FRANCISCO (AP) — Twitter has refined its technology so it can censor messages on a country-by-country basis. | The additional flexib...
Exporters drive Nikkei to 3-month closing high Zeenews Tokyo: Japan's Nikkei average scaled a new three-month high on Wednesday, boosted by gains in exporters such as Toyota Motor and Canon as the yen weakened following data showing To...
Retailers may target 'fitness' consumers, hints survey DNA India | "There is an opportunity for food manufacturers and retailers to be a solution-provider to the weight-conscious Indian consumer," says Adrian Terron, executive director, retailer...
Banks to be held responsible for fake notes in ATMs The Times Of India CHENNAI: Banks are responsible for any fake notes dispensed by their automatic teller machines (ATMs) and should compensate customers for the loss when fraudsters withdraw money from their accounts using stolen data. | This was the view that emerged ...
Employees interested in Football tournament asked to report Sports Council GroundReport | Jammu, January 27 (Scoop News) – All India Civil Services Football Tournament is being organized by the Central Services Cultural and Sports Board at Banglore, Karnataka from February 22, in which among other states, J&K has...
MGNREGA enhanced financial inclusion of farmers: WEF Report DNA India | Allegations of fund leakages notwithstanding, the MGNREGA scheme has improved access to financial services for farmers and holds a great scope for further agricultural and economic growth of the country, a World Economic Forum report said today. | ...
Nintendo triples its loss forecast as sales lag San Francisco Chronicle | Nintendo Co. more than tripled its full-year loss forecast Thursday as the success of Apple Inc. devices erodes demand for the company's 3DS handheld player. | The net loss in the year ending in March may be $838 million, compared with an earlier forecast for a loss of $258 million, the company said. | President Satoru Iwata, who cut 3DS prices b...
