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NTPC raises about Rs 3,100 crore through bonds in global markets

NTPC raises about Rs 3,100 crore through bonds in global markets

20 Nov 2014

New Delhi: The country's largest power generating company NTPC on Thursday announced raising USD 500 million (about Rs 3,100 crore) through medium term bonds offering in the international ma

country's largest power generating company,   NTPC,   medium term bonds offering,   international markets,   bond transaction with an initial price guidance,   US Treasuries,   Arup Roy Choudhury,   Kulamani Biswal,   Barclays,   Citigroup,   Deutsche Bank,   HSBC,   SBI Capital Markets,   acted as joint book-runners,   lead managers,   ,  
Kotak Mahindra <strong>Bank</strong> to acquire ING Vysya <strong>Bank</strong>

Kotak Mahindra Bank to acquire ING Vysya Bank

20 Nov 2014

New Delhi: Kotak Mahindra Bank on Thursday decided to acquire mid-sized lender ING Vysya Bank in an all-share transaction to strengthen its position ahead of entry of new players.

Kotak Mahindra Bank,   ING Vysya Bank,   Uday Kotak,   Competition Commission,   RBI,   BSE,   NSE,  
Will focus on building ties with <strong>India</strong>: Nikki Haley

Will focus on building ties with India: Nikki Haley

20 Nov 2014

Mumbai: Indian-origin Governor of the US state of South Carolina, Nikki Haley on Thursday said she is very optimistic about India and will focus on building ties between the two countries.

Indian-origin Governor of the US state,   South Carolina,   Nikki Haley,   focus on building ties between the two countries,   initiated talks with industries,   pharmaceuticals,   manufacturing,   Information Technology,   agriculture,   ,  
<strong>SBI</strong> shares hit 52-week high, up over 4 percent post healthy earnings

SBI shares hit 52-week high, up over 4 percent post healthy earnings

17 Nov 2014

Mumbai: Shares of country's largest lender State Bank of India on Monday rose by over 4 percent to touch its 52-week high level on the back of the company reporting 31 percent jump in its net profit in the September quarter and improvement in the asset quality.

State Bank of India,   NSE,   SBI Chairman,   Arundhati Bhattacharya,   Sensex,   Nifty ,  
RBI unlikely to cut rate in next policy review: <strong>SBI</strong> chief

RBI unlikely to cut rate in next policy review: SBI chief

20 Nov 2014

New Delhi: Ahead of the monetary policy review, SBI Chairperson Arundhati Bhattacharya on Thursday said RBI may leave interest rate unchanged in the next review but could soften its stance by end of the current fiscal.

monetary policy review,   RBI will cut interest rate,   SBI Chairperson,   Arundhati Bhattacharya,   leave interest rate unchanged,   fall in inflation,   RBI Governor,   Raghuram Rajan,   ,  
 RBI allows FIIs to buy equity in Yes <strong>Bank</strong>

RBI allows FIIs to buy equity in Yes Bank

20 Nov 2014

Mumbai: The Reserve Bank on Thursday said FIIs can buy equity shares in private lender Yes Bank as shareholding by foreign investors has gone below the prescribed limit.

RBI,   FII,   equity in Yes Bank,   Yes bank,   Indian economy,   ,  
Fadnavis asks Maharashtra MPs to pursue <strong>state</strong> issues with Centre

Fadnavis asks Maharashtra MPs to pursue state issues with Centre

20 Nov 2014

Mumbai: Maharashtra MPs should take up development-related issues with the Centre, Chief Minister Devendra Fadnavis said here on Thursday. Fadnavis, who addressed a meeting of MPs from all parties from the state ahead of Parliament session beginning from November 24, said the state government will soon operationalise a mechanism at Delhi and in the state to ensure follow up of Maharashtra-related issues at the Central level.

Chief Minister,   Devendra Fadnavis,   Maharashtra,   Mps,   Centre,   state government,   Delhi,  
Royal <strong>Bank</strong> of Scotland fined for IT failure: Regulator

Royal Bank of Scotland fined for IT failure: Regulator

20 Nov 2014

London: British financial regulators have fined state-owned Royal Bank of Scotland a combined 56 million pounds for a series of IT failures that left customers unable to access services, they said on Thursday. The fines, worth the equivalent of USD 87.6 million or 70 million euros, occurred in June 2012 for failures at also RBS units NatWest bank and Ulster Bank.

Royal Bank of Scotland,   RBS fined,   IT failure,   Regulator,   Pound 56 million,   NatWest bank,   Ulster Bank,  
Australia asks <strong>India</strong> to promote SMEs

Australia asks India to promote SMEs

19 Nov 2014

Melbourne: The small and medium enterprises (SME) sector can play a key role in further strengthening trade ties between Australia and India, Australian treasurer said on Wednesday and asked Prime Minister Narendra Modi to look into promoting this untouched area. Joe Hockey's remarks came during the last leg of the roundtable CEO meet held on Tuesday.

Australia,   India,   India to promote SMEs,   business,   small business,   ,  
Wholesale Price Index inflation to remain range bound at 1.8-2 percent during Nov: Dun & Bradstreet

Wholesale Price Index inflation to remain range bound at 1.8-2 percent during Nov: Dun & Bradstreet

20 Nov 2014

New Delhi: The broad based slowdown in inflation trajectory is likely to continue amid decliningglobal oil prices and the headline WPI inflation is expected to remain range bound at 1.8-2 percent during November, says a report.

Wholesale Price Index inflation,   broad based slowdown in inflation trajectory,   likely to continue amid declining global oil prices,   remain range bound at 1.8-2 percent,   downward spiral in global crude oil prices,   ushering in fiscal discipline,   creating an environment conducive to business,   inflationary pressures in some items may increase,   Dun & Bradstreet,   India Senior Economist Arun Singh,   ,  

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