HDFC Bank to cut lending rate by March: Aditya Puri
Having cut its deposit offering by up to 0.50 %, the country’s second-largest private sector lender HDFC Bank will be cutting its lending rate by March, a top official said on Friday. “Now I’ve reduced my fixed deposit rates, and you will see by March or so base rate will come... read more »
Vishal Sikka’s New Mantra for Infosys Wows Analysts
Infosys organised an investor meet at its Pune campus on Thursday, where analysts who track the company got a chance to speak to CEO Vishal Sikka and get an insight into the thinking of the new management. This was the first analyst meet the 47-year old Dr Sikka addressed since taking over as CEO... read more »
Give Rs 15,500 to get Rs 5.50 crore: Scamsters posing as Raghuram Rajan
Taking bank lottery scam to a new level, scamsters are using the name and picture of RBI chief Raghuram Rajan to lure gullible people into making a cash deposit of Rs 15,500 to get a winning amount of Rs 5.50 crore. The ‘lottery’ amount that they promise to credit into the account of those... read more »
China media: Obama chided for remarks on Xi Jinping
US President Barack Obama faces criticism in China after he said President Xi Jinping had consolidated power at an unprecedented rate. In remarks to top US executives on Thursday, Mr Obama went on to criticise Mr Xi on human rights and accused him of worrying China’s neighbours by tapping... read more »
Saina Nehwal, Parupalli Kashyap, K Srikanth enter quarters of China Open
Fuzhou (China): London Olympic bronze medallist Saina Nehwal and top Indian male shuttlers Parupalli Kashyap and K Srikanth entered the quarter-finals of the China Open Super Series Premier... read more »
ICC awards: Mitchell Johnson wins top two accolades
Australia fast bowler Mitchell Johnson has been named both the cricketer of the year and Test cricketer of the year by the International Cricket Council. Johnson, 33, also won cricketer of... read more »
Inflation drops to 5-year low of 1.77% in October
Continuing decline in food prices, including vegetables, pulled wholesale price inflation to a five year low of 1.77% in October. The Wholesale Price Index (WPI) based inflation was at... read more »
Delhi Electricity Regulatory Commission Withdraws Power Tariff Hike
The Delhi Electricity Regulatory Commission or DERC has withdrawn the power tariff hike of up to seven per cent in the national capital which was announced last night, according to the... read more »
Reliance Infra exits Mumbai Metro Phase II, blames govt for not m...
Mumbai: Blaming the Maharashtra government for “non-fulfilment of certain critical obligations”, Reliance Infrastructure (RInfra) today walked out of the contract to develop the Rs... read more »
