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Cyrus Mistry, Tata Group

Former Tata executives dismiss Cyrus Mistry's claims

While FC Kohli said there never was any plan to sell TCS, B Muthuraman called Mistry's comments about Corus acquisition speculative. Nov 24, 2016
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

Demonetisation: State Bank of India slashes bulk deposit rate by up to 190 basis points

The new rates will be effective from November 24, according to the State Bank of India website. Nov 24, 2016
Tokyo Stock Exchange

Asia stocks slip on spectre of higher US rates, dollar "a freight train"

The dollar bull run continued as US bond yields hovered near-multi year highs. Nov 24, 2016
Gas pump refuelling

Oil prices static on uncertainty over planned production cut

Traders said market activity was low due to the US holiday, and there was a reluctance to take on big price directional bets. Nov 24, 2016
india spices export trade pepper ginger nirmala modi govt

India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

The government said it is addressing concerns of the trade in other ways but ruled out the formation of additional boards to promote the export of spices. Nov 23, 2016
indian stock markets bse nse gainers losers pharma stocks rally fii selling buying sun pharma aurobindo lupin metal stocks aviation realty sobha prestige

Pharma, realty, metal stocks lead stock market rally; Lupin top Sensex gainer

Value buying lifts BSE Sensex and NSE Nifty on Wednesday; Lupin leads index rally. Nov 23, 2016
cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

This bank pays handsome bonus shares, liberal dividend and now seeks to appoint new CEO

Low shareholder base enables this Indian bank to pay unbelievable bonus shares and dividend to shareholders. Nov 23, 2016
Infosys

Infosys invests in Stellaris Venture Partners

The IT services firm will pump in Rs 31.6 crore in this early-stage venture fund, making it company's second such investment. Nov 23, 2016
Bharti Airtel office

Airtel Payments Bank offers hefty interest rate on savings bank deposits

It became the first payment bank to launch operations Wednesday post issuance of licences by RBI in August, 2015. Nov 23, 2016
Reliance Communications

Zee Entertainment acquires TV business of Reliance Capital

Proceeds from the sale will help Reliance Capital reduce its debt by Rs 1,900 crore. Nov 23, 2016
pharmacy

39 Indian drug companies blacklisted by Vietnam

A similar ban imposed by Vietnam imposed on 45 Indian companies in 2014 caused a significant dip in export of Indian pharmaceutical products to Vietnamese market. Nov 23, 2016
Facebook looking to get back into China?

Will new censorship tool from Facebook pave way for its entry into Chinese markets?

Technology companies have to comply with Chinese Internet censorship laws if they want to operate from China. Nov 23, 2016
demonetisation icici bank mdr debit cards credit cards digital india banks cash crunch modi govt hdfc bank india rupay npci trupay sbi canara bank

ICICI Bank waives MDR on debit cards to blunt demonetisation effect, boost digital payments

Merchant discount rate (MDR) on debit cards won't be charged from November 23 to December 31 2016, says ICICI Bank. Nov 23, 2016
World Crude Oil

Subhash Chandra, Dilip Shanghvi in race for oil blocks

Auction of small oil and gas blocks held on Monday witnessed huge interest from domestic firms. Nov 23, 2016
Sun Pharma

Sun Pharma to acquire Russian firm Biosintez for $60 million

The proposed acquisition is part of the Indian company's renewed focus on emerging markets with high potential for future growth. Nov 23, 2016
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