On 20 Nov, the Union Cabinet approved the sale of government’s stake in Bharat Petroleum Corporation Limited (BPCL), Shipping Corporation of India (SCI) and freight-linked container corporation of...
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...
Government of India has accorded ‘Maharatna’ status to public sector undertaking’s (PSU’s) Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Two separate orders to this effect were...
SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20. He succeeded Sunil Mehta, who was the MD & CEO...
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...
K Satish Reddy, Chairman of Dr Reddy’s, has been appointed as President of the Indian Pharmaceutical Alliance (IPA) for 2019-2021. The IPA represents research-based National Pharmaceutical Companies.
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...