Last Updated: Friday, July 25, 2014, 20:55
ICICI Bank, Axis Bank, Canara Bank, IDBI Bank, Yes Bank and seven other banks have been penalised in the case of Deccan Chronicle Holdings, the RBI said today.
Last Updated: Tuesday, July 22, 2014, 11:36
Tech Mahindra will have 51 percent ownership while Midad will own 49 percent stake in the joint venture.
Last Updated: Monday, July 21, 2014, 17:54
Shares of Multi Commodity Exchange of India Monday settled nearly 8 percent higher after Jignesh Shah-led FTIL signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
Last Updated: Monday, July 21, 2014, 13:09
The bank on Sunday said it has entered into a Share Purchase Agreement to purchase 15 percent equity stake in MCX from FTIL for a consideration of Rs 459 crore.
Last Updated: Sunday, July 20, 2014, 22:31
Jignesh Shah-led Financial Technologies on Sunday said it has signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
Last Updated: Sunday, July 20, 2014, 14:40
Bajaj Finance has decided to walk out of the construction equipment (CE) financing business due to muted profitability prospects, a top official has said.
Last Updated: Friday, July 18, 2014, 20:35
The RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.
Last Updated: Friday, July 18, 2014, 20:31
Mahindra First Choice Wheels Ltd, a leading multi-brand certified used car company, on Friday said it would touch 500 outlets in the next two years from the present 368 dealerships.
Last Updated: Friday, July 18, 2014, 18:20
Mahindra Two Wheelers plans introduce up to four new products, including a scooter, a bike in entry level segment and variants of existing products, this year as it looks to scale up presence in the market.
Last Updated: Friday, July 18, 2014, 13:44
India's Mahindra Aerospace and GE Aviation have signed a pact for co-operation in manufacturing of aerostructures.
Last Updated: Thursday, July 17, 2014, 12:31
Country's fifth largest software services firm Tech Mahindra has inked a pact with US-based Wichita State University (WSU) to collaborate in the areas of aerospace engineering, certification, information technology and automotive testing.
Last Updated: Wednesday, July 16, 2014, 20:04
Private-sector lender Kotak Mahindra Bank on Wednesday reported a tepid 7 percent rise in net profit at Rs 430 crore in the three months to June, driven down by Rs 50-crore write-back of provisions on investments and struggling auto sector advances.
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