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New checks to ringfence markets <strong>from</strong> defaults, systemic risks

New checks to ringfence markets from defaults, systemic risks

26 Nov 2014

Mumbai: To safeguard stock markets from any systemic risks arising out of trade and payment defaults, regulator SEBI is bringing in a new regulatory regime next week to ensure timely payment settlements and to keep the systems robust by way of daily 'stress tests'.

ringfence market,   systemic risks,   SEBI,   Settlement Guarantee Fund,   Settlement Guarantee Fund,   SGF,  
Banks collect Rs 6,000 crore in deposits <strong>from</strong> PMJDY accounts

Banks collect Rs 6,000 crore in deposits from PMJDY accounts

25 Nov 2014

New Delhi: Banks have collected over Rs 6,000 crore by opening 7.9 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY), said a senior Finance Ministry official.

Bank collection from Jan Dhan,   Jan Dhan deposits,   PMJDY accounts,   Pradhan Mantri Jan Dhan Yojana,   RuPay Debit Cards,   accidental insurance,  
EITS to help Indian cos develop business in <strong>Western</strong> Europe

EITS to help Indian cos develop business in Western Europe

04 Nov 2014

Mumbai: Nearly 100 Indian companies are expected to participate in the Euro-Indian Technology Sourcing (EITS) 2014 business summit to be held at Metz in France between December 9-11 this year.

EITS,   Indian companies,   develop business,   Western Europe,   business,   market,   IT,  
Adani Power stops <strong>supply</strong> to <strong>Haryana</strong> power utilities

Adani Power stops supply to Haryana power utilities

29 Aug 2014

Chandigarh: Adani Power has stopped supplying power to Haryana with effect from August 27, forcing Haryana power utilities to make alternate arrangements to protect the interest of electricity consumers, an official release said.

Adani Power,   Haryana power utilities,   Adani Power,   Appellate Tribunal for Electricity,   APTEL,  
Sensex retreats <strong>from</strong> record high on profit-booking

Sensex retreats from record high on profit-booking

17 Nov 2014

Mumbai: The benchmark BSE Sensex retreated from record high to trade 44 points lower in morning trade on Monday on emergence of profit-booking, mainly in healthcare, IT, banking, capital goods and oil and gas sector stocks amid weak Asian cues.

Sensex,   profit-booking,   BSE Sensex,   NSE Nifty,   Hang Seng,   Nikkei Index,  
Wilful defaulters to face curbs on fund mop-up <strong>from</strong> capital markets: Sebi

Wilful defaulters to face curbs on fund mop-up from capital markets: Sebi

19 Nov 2014

Mumbai: To sternly deal with wilful defaulters, Sebi on Wednesday decided to impose restrictions on such entities with respect to raising funds from capital markets.

Wilful defaulters,   Sebi,   Entities,   Raising funds,   Capital markets,  
Railways earnings increase by over 12 percent

Railways earnings increase by over 12 percent

11 Nov 2014

New Delhi: The railways have earned Rs 865,95.04 crore during April-October 2014 as compared to Rs 772,73.88 crore during the same period last year, registering an increase of 12.06 percent.

Railways,   Railways earning,   Indian Railway,   earning from Railways,  
IBM wins USD 1.25 billion 7-year IT outsourcing deal <strong>from</strong> Lufthansa

IBM wins USD 1.25 billion 7-year IT outsourcing deal from Lufthansa

19 Nov 2014

New York: Tech major IBM announced that it has signed a seven-year 1 billion Euro (about USD 1.25 billion) outsourcing contract to deliver IT infrastructure services for Deutsche Lufthansa AG and its group companies.

IBM,   USD 1.25 billion,   outsourcing deal,   Lufthansa,   business,   ,  
DLF shares slump on <strong>Haryana</strong> probe concerns

DLF shares slump on Haryana probe concerns

27 Oct 2014

Mumbai: Shares of realty giant DLF slumped nearly eight percent on Monday on concerns that the company may face probe by the new government in Haryana.

DLF,   Haryana,   SEBI,   Robert Vadra land deal,   Robert Vadra ,   Congress,   ,  
Wipro secures USD 143 million outsourcing deal <strong>from</strong> Levi Strauss

Wipro secures USD 143 million outsourcing deal from Levi Strauss

13 Nov 2014

New York/New Delhi: IT services major Wipro has bagged a USD 143 million 5-year outsourcing deal from Levi Strauss as the US-based denim apparel maker looks to cut 500 jobs in a restructuring exercise. The move, first announced in March 2014, is expected to generate net annualised cost savings of USD 175-200 million once fully implemented.

Wipro,   Levi Strauss,   outsourcing deal,   denim apparel maker,   Levi Strauss & Co,   Master Services Agreement ,  

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