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Nippon Life hikes stake in Reliance MF to 35 percent

Nippon Life hikes stake in Reliance MF to 35 percent

27 Feb 2015

Mumbai: Japanese financial services giant Nippon Life has completed its acquisition of 9 percent additional stake in Reliance Capital Asset Management (RCAM) for Rs 657 crore, taking its total equity to 35 percent.

Japanese financial services,   Nippon Life,   Reliance Capital Asset Management,   RCAM,   Reliance Group,  
Banks, NBFCs need RBI, SEBI nod to act as investment advisers

Banks, NBFCs need RBI, SEBI nod to act as investment advisers

25 Feb 2015

Mumbai: Banks and Non-Banking Financial Companies (NBFCs) planning to provide investment advisory services have to obtain approvals from both the RBI and the SEBI.

Non Banking Financial Companies,   Banks,   capital market regulator,   SEBI,   NBFC ,  
BSNL invests Rs 11,000 crore to improve <strong>services</strong>: Ravi Shankar Prasad

BSNL invests Rs 11,000 crore to improve services: Ravi Shankar Prasad

25 Feb 2015

New Delhi: State-run telecom company BSNL is investing an over Rs 11,000 crore to improve its all-round services including strengthening network, modernising telephone exchanges and installing mobile towers in the naxal-dominated areas, Parliament was informed on Wednesday.

Budget Session,   Budget 2015,   Ravi Shankar Prasad,   BSNL,   MTNL ,   State run telecom company,   improving telecom network,  
IBM partners with Tech Mahindra on hybrid cloud <strong>services</strong>

IBM partners with Tech Mahindra on hybrid cloud services

24 Feb 2015

New Delhi: Tech giant Tech Mahindra on Tuesday said it has signed an agreement with IT services major IBM to build a platform for the development of cloud-based apps for its clients on Bluemix to increase hybrid services adoption.

IBM,   Tech Mahindra,   hybrid cloud services,   IBM and Tech Mahindra,   Bluemix,  
Only 13 percent Indian subscribers on 3G/4G networks: Facebook

Only 13 percent Indian subscribers on 3G/4G networks: Facebook

26 Feb 2015

New Delhi: Only 13 percent of subscribers in India are using 3G and 4G networks even as high speed mobile data services are being around for over two years, a study by Facebook-led internet.org said.

Mobile subscribers,   3G,   4G,   High speed internet,   Mobile data services,   Facebook,  
HSBC's India headcount up by 1,000; US staff size down

HSBC's India headcount up by 1,000; US staff size down

24 Feb 2015

London: At the centre of a probe into black money allegedly stashed by Indians in Swiss banks, global banking giant HSBC increased its headcount in India by 1,000 last year to 32,000 -- the second highest after the UK.

HSBC,   US staff,   global banking giant,   Swiss banks,   black money,  
Steel demand in India to grow in single digit: Moody's

Steel demand in India to grow in single digit: Moody's

25 Feb 2015

New Delhi: Steel demand in India will grow in single digit in 2015 buoyed by government's infrastructure spending, rating agency  Moody's Investor Services said on Wednesday.

Steel demand India,   Steel India,   Moodys,   Moodys Investor Services,  
Rail Budget 2015: NDA Government to embark on investment splurge thanks to cheap oil

Rail Budget 2015: NDA Government to embark on investment splurge thanks to cheap oil

25 Feb 2015

New Delhi: India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to over USD 9 billion, funded solely by falling fuel costs, according to officials familiar with a Railway Budget set to be unveiled on Thursday.

Indian Railways,   Rail budget,   Train services,   Railway investment,   Fuel costs,   Railway Budget ,  
RBI asks banks to adopt easy norms for m-<strong>banking</strong> registration

RBI asks banks to adopt easy norms for m-banking registration

04 Dec 2014

Mumbai: The RBI on Thursday asked banks to make registration process for mobile banking services easy and activate services at the earliest to expand the reach of mobile banking in the country.

RBI,   Banks,   Registration,   Mobile banking services,   Banking services,   Mobile banking,  
Lenovo looks to cash in on high-speed data <strong>services</strong> with A6000 4G smartphone

Lenovo looks to cash in on high-speed data services with A6000 4G smartphone

23 Feb 2015

New Delhi: Chinese tech giant Lenovo recently unveiled the 'most affordable' 4G LTE smartphone, priced at Rs 6,999. With the launch, the company looks to cash in on the booming demand for high-speed data services.

Lenovo,   Lenovo A6000,   Lenovo A6000 price,   Lenovo A6000 launch,   Lenovo A6000 specs,   4G smartphone,  

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