assocham

 

RBI policy on expected lines, hope to see rate cut soon: India Inc

Apr 05 2018

India Inc today said the RBI's decision to keep policy rates unchanged was on expected lines, even as it hoped the central bank would soon cut interest to boost demand.

PSBs have a role, needed to push infra growth: BBB Chief

Apr 01 2018

Brushing aside clamour for privatisation of state-owned lenders, BBB chief Vinod Rai said PSBs still have a role specially in the creation of infra in the country.

PNB fraud fallout: Survey shows drop in diamond demand

Mar 16 2018

The demand for diamond jewellery seems to have decreased by 10-15 percent within two months, Assocham said.

Overreaction may cause huge loss of confidence: Assocham

Mar 11 2018

Assocham cautioned that overreaction by banks and the investigative agencies, in the backdrop of the PNB fraud, could hurt essential credit disbursement to the industry.

Relax deadline for linking bank accounts with Aadhar: Assocham

Mar 04 2018

Assocham urged the government to relax the deadline for linking bank accounts, particularly those in the PSBs to Aadhaar.

India's luxury market to cross $30 bn by year-end: Assocham

Feb 28 2018

Assocham said India's luxury market is set to grow to USD 30 bn from USD 23.8 bn by the year-end on back of growing exposure of international brands amongst Indians.

Demanding targets make employees sleep less than 6 hours : Assocham

Feb 26 2018

Nearly 56 pc of corporate employees in India sleep less than six hours a day due to high stress levels that arise out of tough targets set by their employers.

PNB fraud case: Assocham calls for privatising PSBs

Feb 18 2018

In light of PNB fraud case, Assocham said that the govt should surrender its majority control of banks, which should be allowed to function like private sector lenders.

'Workplaces need to be prepared for machine learning disruptions'

Feb 17 2018

Automation, artificial intelligence and micro-innovation are the three 'megatrends' that will sweep the world beyond 2020, Satya Pal said.

'PNB incident shows vulnerability of Indian banking system'

Feb 16 2018

"The PNB incident should open our eyes to the malaise and a huge gap that exists in building a foolproof risk detection and management."

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Global Markets

 

Stocks In News

 

SCRAP POLICY

Steel Ministry To Announce Scrap Policy This Year

Draft Scrappage Policy Allows Benefits For Vehicles Older Than 20 Yrs

Steel Secy Arun Sharma Says Policy Will Be Out By December 2018

Scheme Will Come In Effect From April 2020

Mint Reports

BHARTI AIRTEL

Telenor India Eyes Bankruptcy Filing, Merger Plan With Airtel May Take Hit

Legal Tussle Over Bank Guarantee Could Also Delay Govt Approval

Economic Times Reports

ESSAR STEEL

Lenders To Meet Today To Decide On Essar Steel

CoC May Give Time To Arcelor And Numetal To Rectify Bids

Business Standard Reports

ICICI SECURITIES

IPO under SEBI scanner

SEBI has sought details of investment made by ICICI Prudential MF

Had to cut its IPO Size To Rs 3,520 Cr from original target of Rs 4,017 Cr

A large chunk was bought by ICICI MF

ICICI MF is ICICI Securities largest public shareholder with 3.82% stake

Mint Reports

THOMAS COOK

Board approves proposal for corporate restructuring

Move aimed at simplifying & clarifying structure & holdings

To focus on travel, forex, destination mgmt & portfolio investments

Restructuring will consolidate HR services into Quess Corp

Shareholders will receive 1,889 shares of Quess for every 10,000 Shares Held in Co

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