New Delhi [India], Oct 21 (ANI): The ASSOCHAM lauded the Reserve Bank of India's (RBI) move to incentivise banks which are enhancing credit lending facilities to non-banking financial companies (NBFCs) by easing liquidity norms and increasing the ceiling for lending to a single NBFC until De
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
Colombo [Sri Lanka], Oct 17 (ANI): Dismissing media reports that claimed Sri Lankan President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe had a showdown at the Cabinet meeting on Tuesday over a proposal to develop the East Container Terminal of the Colombo Port as an Indi
Washington D.C. [U.S.A.], Oct 16 (ANI): The United States on Tuesday announced the imposition of fresh sanctions on Iran targeting banks and investment companies.
Hyderabad (Telangana) [India], Oct16 (ANI): Hyderabad police on Tuesday announced the arrest of Nowhera Shaik, Managing Director of Heera Group of Companies and National president of Mahila Empowerment Party (MEP) Party, in a case of cheating by large deposits in name of investment.
New Delhi [India], Oct 16 (ANI): The Central Vigilance Commission (CVC) during an analysis of 100 top bank frauds identified several loop holes and modus operandi of the companies involved in such frauds. The analysis was conducted of top 100 bank frauds that took place in India up to March
Sivakasi (Tamil Nadu) [India], Oct 14 (ANI): Despite onset of the festive season, Sony Fireworks, a firecracker company in Tamil Nadu's Sivakasi, is facing 'huge uncertainty' with regard to sales as there has been a big decline in the demand of firecrackers.
New Delhi [India], Oct 12 (ANI): Evidence of shell companies have been reportedly found in the Income Tax raid conducted at the residences of close relatives of Telugu Desam Party's MP C.M. Ramesh on Friday.
New Delhi [India], Oct 11 (ANI): The Supreme Court on Thursday sent Amrapali group CMD Anil Sharma and two other directors to police custody for 15 days to ensure that all the documents related to 46 companies are provided to the forensic auditors.
New Delhi [ India], Oct 11 (BusinessWire-India): More than 200 leading construction companies from 10 countries, including Germany, USA, China, and Canada, will come together to discuss the USD 170 billion Engineering Process Outsourcing opportunity at India Construction Festival on October
Washington D.C. [USA], Oct 11 (ANI/Sputnik): The US Department of Defense awarded contracts worth USD 1.05 billion to three companies, namely United Launch Services, ATK Launch Systems Inc. and SpaceX for launch system and rocket propulsion prototypes on Wednesday, according to a press relea
New Delhi [India], Oct 11 (ANI): In a major relief to airline companies, the Centre on Wednesday slashed excise duty on Aviation Turbine Fuel (ATF) to 11 per cent from 14 per cent.