ICICI bank officials summoned for irregularities in housi

Infosys, which brought in co-founder and former CEO N R Narayana Murthy to lead it through hard times on Saturday, went to the extent of increasing its age limit for the position of executive chairman in order to facilitate Murthy's return. A company ...

Infosys Ltd, having fallen from its position as the premier example of India's success in information technology in the past few decades, is bringing back the man mostly credited with building it up in the first place -- N.R. Narayana Murthy -- to ...

International News: Bangalore: The 66-year-old Narayana Murthy has been reappointed executive chairman of the Infosys Ltd board, after the team led by ICICI Bank Ltd chairman K.V. Kamath that was put in place in August 2011 failed to help the ...

Singapore: Country's largest lender State Bank of India (SBI) would like a 0.75-1 percentage point cut in cash reserve ratio (CRR) by the Reserve Bank to boost liquidity in the system and spur growth, a top bank official said. "This is my wish ...

Banks are unlikely to immediately cut their deposit and lending rates in response to the Reserve Bank of India cutting the repo rate (the interest rate it which banks borrow short-term funds from RBI) by 25 basis points. The cuts are likely to ...

Tags: Power Finance Corporation | PFC | Bank | Banking licence | NBFCs Power Finance Corporation(PFC), the largest nonbanking finance institution (NBFC) in the country in terms of net worth, first voiced its intention of setting up a bank nearly ...

Mukesh Ambani, 55 Chairman, Reliance Industries Rank \\'12: 12 WHY In 2012, he held on to his position as the worlds richest Indian for the fifth year in a row, despite his net worth slipping by $1.6 billion to $21 billion. High cash generation from ...

How important is the success saga of a realtor in today's India? Is his success a part of Bangalore's growth story? How did he manage to overcome two recession periods? Through his book Sushil Mantri-Big Bets, Big Rewards, Sushil Mantri, chairman ...

Business process outsourcing company Aegis is executing a plan to improve its profitability under a new chief executive, marking a shift in strategy after a low margin profile scuppered attempts to win attractive valuations from financial investors.