NEW DELHI: Life Insurance Corporation (LIC), the largest life insurer in India, has finalised a deal with IDBI Bank, which will eventually pave way for infusion of Rs 13,000 crore in the NPA-mired state-run bank, ETNow reported. The lender will make preferential allotment of shares to LIC, the report said.Post ...
The Government of India has junked its Bad Bank plan to avoid getting future generations of tax payers on the hook for the sins of current generation. A noble thought.If this extraordinary wisdom is extended to insurance policy holders, Prime Minister Narendra Modi's government can avoid ruining the retired lives ...
BENGALURU: Gold prices edged up early Friday after slipping to a more than six-month low in the previous session, as the dollar softened from recent highs, but the yellow metal was headed for its worst monthly performance since November 2016.FUNDAMENTALSSpot gold was up 0.1 per cent at $1,248.64 an ounce, ...
The 38-year-old man suspected of killing five people at the offices of a Maryland newspaper group on Thursday had a long-running feud with the Capital Gazette, attacking the Annapolis-based family of publications in the courts and on social media.
NEW DELHI: Even as parties on both sides of the political spectrum weigh their prospects for the 2019 Lok Sabha elections and try to strike new alliances, the biggest hurdle they could be face would be in sharing seats.While BJP has expanded its footprints even in states where it was ...
LINDAU, GERMANY: A newly launched tuberculosis drug for the treatment of multi drug resistant TB (MDRTB) might not be without side effects and governments should be cautious while administering the drug, Nobel Laureate Sir John Walker told ETin an interview.The 1997 Nobel winner in chemistry, who was one of the ...
Mumbai: On a January morning in 2013, there was a sudden wave of panic in the offices of Winsome group. The word was out that the Income Tax department was about to carry out a massive raid. It was a time when Winsome was one of the top diamond houses ...
BENGALURU: Accenture has raised its full-year revenue forecast to 9.5-10% from 7-9%, reaping benefits from consulting-led investments in digital and cloud services that analysts say would pressurise Indian IT firms to perform better.The company has been growing faster than Indian IT companies on a larger base — $ 10.3 billion ...