The Central Crime Branch (CCB) in Chennai arrested two persons for allegedly stealing and encashing a Rs. 16.5 lakh cheque issued by the central bank to a private agency through the railway department in Coimbatore.A CCB team led by Inspector

ICICI, India's largest private sector lender, expects Rs. 1300 crore monthly in saving accounts from all its branches across the country. The bank is expected to set up 580 branches this fiscal.The bank has been concentrating on increasing its share

A distinctive education loan scheme was introduced in Dharmapuri district for the benefit of weaker sections of society. The scheme provides a subsidy of Rs. 25,000 for the poor.The scheme was initiated by P Amutha, District Collector, through the Socio

The eight team owners of the Indian Premier League (IPL) are all set to lock horns with the Board of Control for Cricket in India (BCCI) by refusing to pay their next instalment of the franchisee fee which is due

Airtel, Vodafone-Essar favour delinking; Reliance, Tata oppose.

Outlets of telecom companies such as Airtel and Vodafone may soon double as bank kiosks for financial services like funds transfer or bill payment, especially in parts of the country where there are very few banks or none at all.

Volatility in investments concern for RBI.

In a startling disclosure, the Municipal Corporation of Delhi on Wednesday said it has found 22,853 'ghost employees' on its payrolls, an administration lapse that has been costing the civic body a whopping Rs 17 crore (Rs 170 million) every

a documentary film directed by journalist and academic Paranjoy Guha Thakurta and produced by the Public Service Broadcasting Trust, looks at the blurring of lines between editorial and advertising in Indian news media.

Stumbling blocks for resolving the gas row between the Ambani brothers can be removed by putting together the family MoU and the demerger scheme, Anil Ambani-led RNRL told the Supreme Court on Wednesday.

Reserve Bank of India Governor D Subbarao on Wednesday contested the idea of "making banking boring" to bring back economic stability, mooted by Nobel laureate Paul Krugman in the wake of global financial meltdown.

Leading telecom operators including Bharti Airtel, BSNL, Vodafone and the Tatas are understood to have been slapped penalty for non-verification of subscribers in the J & K and Assam circles.

India's largest sugar company Bajaj Hindusthan Ltd on Wednesday announced its diversification into power business with plans to set up five plants having a total capacity of 400 MW at an investment of Rs 1,600 crore (Rs 16 billion).

This comes on the heels of the department of telecom appointing private auditors to look into the books of telcos after it was detected that some of the operators were diverting revenues in segments which attracted lower licence fee.

The scrip ended today's trade at Rs 90.55, down by 10.92 per cent from its previous close on the BSE.

The government in 2007-08 had announced tax holiday scheme of five years for two-star, three-star and four-star hotels, besides convention centres in NCR.

Participating in the debate on the Workmen's Compensation (Amendment) Bill, 2009, Arjun Ram Meghwal of the Bharatiya Janata Party said the proposal was to increase the compensation in case of death from the existing Rs 90,000 to Rs 1,40,000.