NEW DELHI: The government is exploring ways to appoint top officials in two major public sector banks after existing officials were divested of their charge pending investigations into their involvement with financial irregularities, a top finance ministry official in the know said. The managing director for Allahabad Bank was divested ...
NEW DELHI: India will soon engage with European nations on measures to keep banking channels operative in order to protect Indian import of Iranian oil following the US decision to abandon the nuclear deal with the Islamic republic and reimpose sanctions.An Indian delegation, comprising senior officials from the ministries of ...
By Reghu BalakrishnanMUMBAI: Warburg Pincus LLC has acquired 26% stake in IndiaFirst Life Insurance Co Ltd from by existing investor Legal & General Group Plc for Rs 710 crore, people aware of the development said. The board of IndiaFirst Life has approved the transaction and an announcement is likely on ...
NEW DELHI: Five years after Sam Pitroda asked for a manpower audit of Prasar Bharati, Broadcast Engineering Consultants India, an institution under the I&B ministry, on Tuesday issued a tender again to scout for an agency that can carry out a “scientific and rational manpower audit to critically assess the ...
NEW DELHI: The government may ask state-owned Oil and Natural Gas Corp (ONGC) to bear fuel subsidy to help cut petrol and diesel prices, sources said today.The government does not want to cut excise duty and is looking at alternative means to reduce petrol and diesel prices that had on ...
HYDERABAD: India is becoming a major manufacturing hub of mobile phones with the number of handset factories in the country going up to 120, Union Minister for Law and Justice and Electronics and Information Technology Ravi Shankar Prasad saidhere today."When our government came, there were just two mobile factories in ...