Home Page- Standard Chartered Bank to lay off about 200 employees in IndiaIt has around 7,000 staffers in this country, being the largest international bank in India, with 100 branches in 43 cities
- News digest: Loan recast norms, Trai's predatory pricing rule, and moreThey discussed liquidity in the system, credit growth, financial support to micro, MSMEs, and the state of finance companies
- France plans Renault CEO hunt as board frays over Carlos Ghosn : ReportNissan fired Ghosn as chairman three days after his detention, but Renault has resisted pressure to dismiss him
- Confidence vote scare: May survives Brexit coup, but won't contest in 2022In the secret vote held Wednesday night, May secured 63 per cent votes with 200 in favour of her and 117 against, out of a total of 317 of her Conservative Party MPs
- Congress opts for experience over youth, picks Kamal Nath as CM in MPAshok Gehlot front-runner in Rajasthan
- Walt Disney appoints Uday Shankar as president of Asia Pacific unitDiego Lerner, who currently serves as president, Walt Disney Latin America, will maintain oversight of that region
- Trai amends MNP regulations to ease, quicken the process of portabilityTRAI also shortened the validity period of Unique Porting Code (UPC) to four days from the previous period of 15 days
- Govt forms 7-member panel under BBB to select MD for PSU insurance firmsThe panel would be headed by Banks Board Bureau (BBB) chairman B P Sharma
- TDSAT quashes Trai's predatory pricing rule, analysts say it's too lateIn March, Bharti Airtel, Vodafone and Idea Cellular (now Vodafone Idea) had challenged the amendment made by the Trai in the Telecommunication Tariff Order
- PSBs seek easing of loan recast rules in first meet with new RBI GovernorThe RBI has injected durable liquidity through open market operations of Rs 1.36 trillion in the current financial year
- Paytm Payments Bank posts Rs 207-mn loss in FY18; income rises to Rs 7.2 bnPaytm Payments Bank's total income grew to Rs 7.21 billion in the financial year ended March 31, 2018
- Sri Lanka emerges the largest sugar importer from India; UAE distant secondFaced with supply glut pressurising sugar prices regularly, the Indian government has visited a number of countries to shell out some of the extra stocks
- Liquidity constraints faced by NBFIs will tighten credit supply: Moody'sWeaker nominal GDP growth over a prolonged period would weigh on India's financial year strength
- YES Bank to submit list of CEO names to RBI after board meet on January 9YES Bank said it had finalised its recommendation for the role of a non-executive part-time chairman in its meeting
- Jaitley admits to 2-3 areas of differences between Centre and RBIJaitley said the differences with RBI included credit flow in the economy and liquidity support, and added that the government had initiated a "discussion" to convey its concerns
- Jaitley admits to 2-3 areas of differences between Centre and RBIJaitley said the differences with RBI included credit flow in the economy and liquidity support, and added that the government had initiated a "discussion" to convey its concerns
- SC to pronounce verdict on pleas seeking probe into Rafale deal on FridaySupreme Court had reserved its verdict on a batch of pleas seeking probe into Rafale fighter jet deal with France on November 14
- RCom stares at insolvency as SC rejects plea for more time on Ericsson duesApex court had asked RCom to clear Ericsson dues by Dec 15, while RCom sought two more weeks
- Ikea to invest Rs 50 bn in UP over the next few years to expand footprintThe multinational will sign MoU with UP government for opening retail stores
- IOC to buy back shares for Rs 44 bn as govt looks to meet budget deficitThe government, which holds a 54.06 per cent stake in the company, is expected to participate in the share buyback
- Standard Chartered Bank to lay off about 200 employees in India
