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RBI imposes penalty of Rs 1 crore on State Bank of <strong>Travancore</strong>

RBI imposes penalty of Rs 1 crore on State Bank of Travancore

04 Jan 2016

Mumbai: The Reserve Bank has imposed a penalty of Rs 1 crore on an SBI associate bank, State Bank of Travancore, for violation of some of its instructions.

RBI,   Reserve Bank of India,   RBI imposes penalty,   State Bank of Travancore,   RBI fines State Bank of Travancore,   Latest Business news,  
Infosys appoints Punita Sinha as Independent Director; faces criticism on Twitter

Infosys appoints Punita Sinha as Independent Director; faces criticism on Twitter

15 Jan 2016

New Delhi: Infosys yesterday appointed Punita Kumar Sinha, wife of Union Minister Jayant Sinha, as an Independent Director on its Board, drawing criticism on social media.

Infosys,   Infosys director,   Punita Sinha,   Punita Sinha faces criticism,   Infosys board of directors,   Latest Business News,  
Yahoo <strong>board</strong> to discuss sale of core business: Report

Yahoo board to discuss sale of core business: Report

02 Dec 2015

San Francisco: Yahoo's board will meet to discuss whether it should sell its core business instead of its Alibaba stake, according to a report in The Wall Street Journal.

Yahoo,   Yahoo board meeting,   Yahoo on assets,   Yahoo core business,   Latest Business News,  
Yahoo shares rise as <strong>board</strong> meets and considers sale of web business

Yahoo shares rise as board meets and considers sale of web business

03 Dec 2015

New York: Plans by Yahoo Inc's board to consider selling its struggling Internet business sent the company's shares up nearly 6 percent yesterday, as investors cheered a potential new way to separate Yahoo's traditional services from its valuable investment in Chinese Web merchant Alibaba.

Yahoo shares,   Yahoo Marissa Mayer,   Sale of Yahoo,   Yahoo Web business,   Yahoo board meeting,   Latest Business News,  
Arun Jaitley extends time for comments on PoEM guidelines till January 9

Arun Jaitley extends time for comments on PoEM guidelines till January 9

01 Jan 2016

New Delhi: The Finance Ministry today extended the deadline by a week till January 7 for receiving public comments on rules for determining the place of effective management of a company.

Finance Minister,   Finance Minister in India,   Finance Minister on PoEM,   Central Board of Direct Taxes,   Latest Business news,  
State Bank of <strong>Travancore</strong> cuts base rate to 10.15 percent

State Bank of Travancore cuts base rate to 10.15 percent

09 Mar 2015

New Delhi: State Bank of Travancore (SBT) on Monday became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.

State Bank of Travancore,   SBT,   SBT base rate,   SBT lending rate,   RBI policy rate,  
Canada's Pension Fund invests Rs 1,000 crore in L&T's infra arm

Canada's Pension Fund invests Rs 1,000 crore in L&T's infra arm

15 Dec 2015

New Delhi: Engineering major Larsen & Toubro (L&T) today said Canada Pension Plan Investment Board (CPPIB) has invested Rs 1,000 crore in its infrastructure arm L&T IDPL.

Canada Pension Fund,   Canada investment,   Larsen and Toubro,   Canada Pension Plan Investment Board,   Latest Business News ,  
Kesoram Industries to raise Rs 650 crore through issuing securities

Kesoram Industries to raise Rs 650 crore through issuing securities

21 Dec 2015

New Delhi: B K Birla group firm Kesoram Industries said its board has approved a proposal for raising up to Rs 650 crore through issue of securities.

Kesoram industries,   Kesoram Industries board,   BK Birla group,   Kesoram Industries share,   Kesoram net profits,   Latest Business News ,  
Nation-wide bank strike on 24th June

Nation-wide bank strike on 24th June

30 May 2015

Vadodara: The All India Bank Employees Association (AIBEA) today called for a nation-wide strike on June 24 in support of various demands of the State Sector Bank Employees Association (SSBEA).

Bank Strike,   AIBEA,   SBI,   SBBJ,   State Bank of Travancore,   Latest Business News ,  
Maruti <strong>board</strong> approves pact with Suzuki arm for Gujarat plant

Maruti board approves pact with Suzuki arm for Gujarat plant

03 Oct 2015

New Delhi: The country's largest carmaker Maruti Suzuki India's board has approved a contract manufacturing agreement for a period of up to 30 years proposed to be signed with an arm of parent Suzuki Motor Corp (SMC) for the upcoming plant in Gujarat.

Maruti approves deal with Suzuki,   Maruti Suzuki pact with Suzuki Motors,   Maruti plant in Gujarat,   Latest Business News,  

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