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Merger message for PSU banks

The government will nudge banks to consider mergers and infuse more capital into banks that have been performing well.   | Read..
 

Broad agreement masks tension

After agreeing earlier this week to formally adopt inflation targeting as a guiding star for monetary policy, the government and the central bank remain at odds over how...   | Read..
 

Prop for affordable housing

The Reserve Bank of India has allowed banks to include stamp duty and registration charges to the cost of a property worth up to Rs 10 lakh while calculating the...   | Read..
 

United Spirits closes Serampore plant

United Spirits has shut down a bottling plant in Bengal citing space constraints for further capacity expansion.   | Read..
 

Move afoot to fill up first crude vault

The oil ministry plans to fill up the country's first crude storage facility in this fiscal itself, utilising the Rs 2,400 crore allocated by the government in the budget.   | Read..
 

Mercedes priority to feature-rich models

Mercedes Benz plans to grow in India by introducing existing models that are rich in features along with the latest crop of cars.   | Read..
 
Merger message for PSU banks
 


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