CDC bats for Shivanand Nimbargi for its renewable venture in South AsiaThe development finance institution plans to invest $100 million in its solar energy platform aimed at catering to Indian, other South Asia...
Hospital fire: Trustee Manoj Ranjan Nayak surrenders"Manoj Nayak surrenders at Khandagiri Police Station. He is arrested and under interrogation," Commissioner of Police, Y B Khurania told re...
Final norms for on tap bank licences this fiscal: RBIThe Reserve Bank had earlier issued draft guidelines for payment and small banks and is in the process of finalising the final norms.
Government rejects P J Nayak panel view of cutting stake below 50%The government is considering issues related to greater autonomy to bank including raising tenure of Chairman and Managing Directors (CMDs)...
Larsen and Toubro Construction and Mining Machinery sets up facility in Tamil NaduFormer Larsen and Toubro Board Member J P Nayak inaugurated the facility at the town, about 50 km from here yesterday.
Reject Nayak panel report on PSU banks, demands bank unionA bank employees' union has asked the govt to reject Nayak committee recommendations on bank privatisation saying the report would not be a...
Banks to stage nationwide demonstrations on May 23Unhappy with the report suggesting privatisation of public sector banks, five bank employees unions decided to stage nationwide demonstrati...
Bank unions issue strike call on May 23 against P J Nayak Committee reportLast week, an RBI working committee had suggested the government to cut its holding in public sector banks to below 50 per cent level.
P J Nayak panel Committee report recommendations retrograde: CPIExtending support to the union's call, the CPI said since bank nationalisation in 1969, their branches have grown from 8000 to 80,000 and n...
Bank Nationalisation Act primitive today: P J NayakAccording to Nayak, one of the perspectives that guided the panel was that there should be only one kind of bank licence irrespective of ow...
- Portfolio review is an ongoing exercise: J P Nayak, Larsen & Toubro
J P Nayak, whole-time director and president (machinery & industrial products) at Larsen & Toubro, explains the company's strategy to ET.
- Top bankers, regulators & legal experts to assist Sri Krishna in FSLRC
An eclectic mix of bankers, former fin regulators & legal experts have been named members of the Financial Sector Legislative Reforms Commi...
KKR, L&T officials meet Satyam Board in Mumbai todayThe meeting assumes significance as Satyam board is expected to invite the financial bids by next Thursday. Top Accounting scandals | Five ...
- L&T eyes 30 per cent rise in sales next fiscal
With a healthy Rs 68,000 crore order-book, the construction major L&T on Friday said it expects to maintain 30 per cent growth rate in sale...
- L&T plans to enter nuclear power sector
Engineering and construction major Larsen and Toubro (L&T) is planning to enter the nuclear power sector, a top company official has said.
- UTI bank likely to raise debt in overseas mkts
UTI Bank is likely to raise debt in overseas market to fund expansion of its operations in Singapore.
- 'Suminfra2006' to deliberate on PPP in infrastructure
India needs Rs 27,60,000 crore of infrastructure investment over the next 10 years and the money for it has to come from the private sector...