Harish Revanna

Articles by Harish Revanna

Email : editor@ibtimes.co.in

SC sends notice to Mallya on false asset disclosure, seeks reply on contempt of court plea

Mallya has not complied fully with the court's orders and hid some details about his assets, says the Attorney General of India.

Jul 25, 2016

India mulling proposal to create one oil giant by merging state-run firms

If the idea materializes, the new entity could make several global oil giants appear as small fry and also compete with other larger conglomerates.

Jul 25, 2016

How creditworthy are you? CIBIL to release annual credit score for free, says RBI Chief

Most Indians are unaware of such a rating and are also unmindful of any discrepancies, if existing, in their reports

Jul 23, 2016

Top G20 nations need to spend more for global growth: IMF

Large infrastructure projects have the power to boost short-term demand directly and catalyse private investment.

Jul 23, 2016

Arundhati Bhattacharaya, SBI chairman, SBI, SBI merger

Now you can buy train tickets through SBI mobile-wallet

State Bank of India has also tied up with Aditya Birla Fashion and Retail to help its Buddy users buy brands across 1,200 stores.

Jul 23, 2016

800 Indian exporters suspected of hoarding black money overseas

Nearly Rs. 100 crore in export earnings have been hoarded abroad by each of these exporters.

Jul 22, 2016

India's financial inclusion may not mean well-being of its citizenry

Though India's growth rate was strong, it was slightly less effective in converting growth into well being measured by income levels.

Jul 22, 2016

Fortune 500: Rajesh Exports replaces ONGC among 7 Indian firms with highest revenues

Based on 2015 data, the collective revenue of all the Fortune 500 companies stood at $27.6 trillion, while their profits were $1.5 trillion.

Jul 21, 2016

Iconic 'Michelin Man' to debut in India's TV commercial

The 118 year-old Michelin Man will debut on Indian television channels in a video themed "safely ahead".

Jul 21, 2016

Are stressed asset funds the pill to cure India's bad loans?

Such funds will invest in stressed-assets of banks and asset reconstruction companies to help them revive to good financial health.

Jul 21, 2016

HDFC Bank's Q1 net profit up 20% on higher interest and fee income

HDFC's net profit was Rs. 3,239 crore in the first quarter of financial year 2017 against Rs. 2,695 crore in the year-earlier quarter.

Jul 21, 2016

SBI-Brookfield create Fund to tackle India's bad loan problem

The Brookfield-SBI fund may entice other banks to join the corpus or create new funds to invest in the India's stressed assets.

Jul 20, 2016

Govt turns down hiking foreign direct investment in print media to 49%

In November 2015, the government raised the limit for FDI in TV News to 49 percent.

Jul 20, 2016

India Inc's merger and acquisition deals hit $15.7 billion in H1 2016

The inbound transactions, however, hit a 6-year low as implications from global polity and Brexit referendum loomed large.

Jul 20, 2016

Global Funds buy a record $921 million rupee-bonds in 8 days of July: Report

India's growth profile and macro stability increases risk appetite among foreign investors to invest in emerging market assets.

Jul 19, 2016

Wipro's Q1 net profit falls 6%; sets services revenue target of $1.95 billion for Q2

Total revenues of the company increased 11 percent to $2.0 billion, of which IT Services segment contributed $1.93 billion.

Jul 19, 2016

Govt infuses Rs. 23,000 crore in PSU banks; SBI gets Rs. 7,575 crore

Under the Indradhanush road map, the government will infuse Rs. 70,000 crore over 4 years, while banks will raise Rs. 1.1 lakh crore from markets.

Jul 19, 2016

Pokemon GO: Share price surge doubles Nintendo's market cap, but profit avenues remain unclear

A Japanese fund manager justified the gains in share prices as he estimated the sales from PokÃ©mon GO and related business could bolster net profits by $471 million.

Jul 19, 2016

Kerala govt passes resolution opposing merger of State Bank of Travancore with SBI

With 846 branches and Rs. 8,000 crore in deposits, State Bank of Travancore is Kerala's key bank transacting government businesses.

Jul 18, 2016

Employees' provident fund investment into indexed equities to remain at 5%

The central board of trustees agreed to continue with only 5 percent investments into exchange traded funds (ETFs).

Jul 18, 2016

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Articles by Harish Revanna

SC sends notice to Mallya on false asset disclosure, seeks reply on contempt of court plea

India mulling proposal to create one oil giant by merging state-run firms

How creditworthy are you? CIBIL to release annual credit score for free, says RBI Chief

Top G20 nations need to spend more for global growth: IMF

Now you can buy train tickets through SBI mobile-wallet

800 Indian exporters suspected of hoarding black money overseas

India's financial inclusion may not mean well-being of its citizenry

Fortune 500: Rajesh Exports replaces ONGC among 7 Indian firms with highest revenues

Iconic 'Michelin Man' to debut in India's TV commercial

Are stressed asset funds the pill to cure India's bad loans?

HDFC Bank's Q1 net profit up 20% on higher interest and fee income

SBI-Brookfield create Fund to tackle India's bad loan problem

Govt turns down hiking foreign direct investment in print media to 49%

India Inc's merger and acquisition deals hit $15.7 billion in H1 2016

Global Funds buy a record $921 million rupee-bonds in 8 days of July: Report

Wipro's Q1 net profit falls 6%; sets services revenue target of $1.95 billion for Q2

Govt infuses Rs. 23,000 crore in PSU banks; SBI gets Rs. 7,575 crore

Pokemon GO: Share price surge doubles Nintendo's market cap, but profit avenues remain unclear

Kerala govt passes resolution opposing merger of State Bank of Travancore with SBI

Employees' provident fund investment into indexed equities to remain at 5%

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'