HDFC’s board of directors has approved the merger of HDFC Bank, India’s largest private sector bank with HDFC (Housing Development Finance Corporation), India’s largest housing finance firm. Overview:...
The Reserve Bank of India recently announced a Government Security Acquisition Programme, GSAP 1.0. Under the programme, the central bank will purchase government bonds of worth Rs 1...
The Sakhalin oil field in Russia is a prolific oil producing field like Bombay High. Exxon Mobil, Rosneft, Japanese SODECO and ONGC Videsh are the partners in this...
The Supreme Court (SC) has recently upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the Department of Telecommunications (DoT). As per SC ruling, the...
The ICICI Bank has launched a new Fixed Deposit (FD) scheme – FD Health that provides the customer a complimentary critical illness cover of Rs 1 lakh from...
The State Bank of India (SBI) has opened its Melbourne office & became the first Indian bank to have a branch in the Australian state of Victoria. The...
What are the ancient proofs of presence of banking system? Traces of information regarding existing of banking and financial system are found in India right from Vedic era...
Infosys has won the prestigious United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category. With this feat, Infosys has become the only corporate from India...
Tata Motors has announced new electric vehicle technology ZIPTRON to power a range of aspirational Tata Electric Cars. Ziptron Technology The Ziptron technology which will drive the electric...
In Bengaluru, the National Centre for Clean Coal Research and Development (NCCCR&D) has been launched at the Indian Institute of Science (IISc.) by the Department of Science &...