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US private job growth jumps in June

Last Updated: Wednesday, July 02, 2014, 18:58

The private sector added 281,000 jobs in June, surging higher from a lackluster 179,000 in May.

ICICI to open branches in Australia, SA, Mauritius: Kochhar

Last Updated: Monday, June 30, 2014, 20:06

ICICI has the largest overseas network among Indian private sector banks.

IndusInd Bank launches tractor and farm equipment division

Last Updated: Monday, June 30, 2014, 18:04

The bank will also ensure quick processing where the loan will be processed to farmers within four working days.

HDFC Life expects premium growth of 10-15% in FY'15

Last Updated: Tuesday, June 24, 2014, 17:36

The company's total premium witnessed 7 percent growth at Rs 12,063 crore in 2013-14, compared to Rs 11,323 crore in the previous fiscal.

'Asset quality risks from power sector weaknesses to continue'

Last Updated: Wednesday, June 18, 2014, 19:01

India's power sector will continue to be a source of asset quality risk for banks if the poor financial profiles of state electricity board distribution companies (discoms) do not improve through further structural reforms, Moody's Investors Service said.

Kotak Bank scouting for acquisition to trim promoter's stake

Last Updated: Sunday, June 01, 2014, 12:12

Under pressure from the Reserve Bank to reduce its promoter holding, private sector lender Kotak Mahindra Bank will "prefer" paring the stake through an acquisition route rather than a sale to investors, a senior official has said.

No decision on HDFC Bank FDI proposal yet: Puri

Last Updated: Wednesday, May 28, 2014, 22:50

Amidst uncertainties over the HDFC Bank FDI proposal, the private sector bank managing director Aditya Puri on Wednesday said the government is yet to decide on the issue.

Private sector activity in emerging markets stagnate for 2nd month:HSBC

Last Updated: Thursday, May 08, 2014, 12:37

During April, the HSBC composite index for India and China, stood at 49.5, while for Brazil it was 49.9 and Russia (47.6).

EPFO decides to fine PF trust flouting investment rules

Last Updated: Wednesday, May 07, 2014, 17:39

Retirement fund body EPFO has decided to impose surcharge (penalty) on private PF trusts for any violation of investment rules and may withdraw exemptions in case of serious lapse.

If elected, Congress may form panel to study need for reservation in pvt sector

Last Updated: Tuesday, April 15, 2014, 00:53

Congress will consider setting up of a committee to examine the need for reservations for SC, ST and OBCs in private sector if it forms the next government at the Centre.

Private sector can help turn wheel of economic growth: Hinduja

Last Updated: Friday, April 11, 2014, 14:31

With the gap between the rich and poor widening, the private sector can help turn the "wheel of economic growth" by dedicating its resources towards improving education, health and basic infrastructure, Hinduja Foundation US Chairperson has said.

Private sector feels India is a 'difficult place' for business: WB

Last Updated: Thursday, April 10, 2014, 09:28

The private sector strongly feels that India is a difficult place to do business due to many regulations, World Bank President Jim Young Kim said on Wednesday, calling for necessary reform to create a better environment and spur growth.