IFFCO warns public against fake firm Fertilizer Frenchie offering dealership, franchiseFertilizer Frenchie, which is falsely claiming to be a branch of IFFCO (Indian Farmers Fertiliser Cooperative Ltd), is dishonestly and frau...
13 May, 2021, 05.39 PM IST
Paytm logs in to Forex, to start offering foreign exchange services soonBesides Paytm, other payments banks like Airtel Payments Bank and Jio Payments Bank have also received the licence, as mentioned by RBI.
16 Apr, 2018, 06.31 PM IST
91 Uttar Pradesh petrol pumps’ licences cancelledIndian Oil (IOC) owns 47 of the terminated dealerships, Hindustan Petroleum (HPCL) has 27 and Bharat Petroleum (BPCL), 17.
22 Aug, 2017, 11.17 PM IST
Uttar Pradesh tops list of states where petrol outlets rig fuelUP, Rajasthan, TN, Punjab, Maharashtra topped the list of states where oil retail outlets were involved in malpractices such as under-measu...
27 Jul, 2015, 05.15 PM IST
French company Total in talks with state-run MRPL for fuel retailing joint venture in IndiaIf the deal goes through, it will mark the entry of the second major multinational company, after Shell, into India’s petrol pump business ...
25 May, 2015, 05.58 PM IST
Tata Sons planning to raise Rs 300 crore in a bond saleTata Sons, the holding company of the Tata Group, is planning to raise Rs 300 crore in a bond sale.
08 Jan, 2014, 11.05 PM IST
- NBFCs will need 150-cr net-owned funds for PD entry
The Reserve Bank of India has said non-banking finance companies (NBFCs), who intend to get into primary dealership business, should have m...
05 May, 2011, 07.30 AM IST
Demand for Indian debt to stay high: Tarun Jotwani, NomuraTarun Jotwani feels leveraging the capabilities & infrastructure acquired from Lehman Bros will help shore up Nomura's business.
03 Apr, 2010, 05.06 AM IST
- 'We may offer retail banking service for HNIs'
Merrill Lynch has decided to forego its primary dealership licence and transfer resources in this division to Bank of America, as it kicks ...
01 Jul, 2009, 01.42 AM IST
- It's business as usual for Morgan Stanley & Goldman in India
Both the firms have been investing heavily in India. Goldman has invested $2 bn while Morgan Stanley has invested $750 mn. Global icons cra...
23 Sep, 2008, 09.00 AM IST
- Morgan Stanley, Goldman Sachs keen on entering debt market
With interest rate situation stabilising and given that rates may soften going forward, business of setting up bond houses has attracted a ...
08 Feb, 2008, 07.30 AM IST
- RBI eases NBFC norms for foreign banks
The Reserve Bank of India appears to have relaxed its policy on granting licences to foreign banks for setting up non-banking finance compa...
02 Oct, 2007, 04.39 AM IST
- Lehman seen close to buying 51% in Brics Sec
Lehman Brothers, one of the biggest global financial services providers, is in advanced stages of picking up a 51% controlling stake in loc...
06 Jul, 2007, 04.46 AM IST
- MNC banks’ fund run faces a hurdle
The Reserve Bank of India is unlikely to give foreign banks a free hand in using their erstwhile primary dealership (essentially an NBFC) t...
25 Sep, 2006, 02.12 AM IST
- Banks rejig PD business as rate concerns loom
With the spectre of a further rise in interest rates, banks are on course to restructure their primary dealership (PD) business.
28 Jul, 2006, 12.35 AM IST
- MNC banks look at amalgamating PDs with self
Most multinationals are looking at amalgamating their primary dealership arms within their banking outfit.
20 Jul, 2006, 01.57 AM IST
- Satellite dealers for gilts to be shown the door
Having recognised the failure of the Satellite Dealers to generate retail interest in the secondary market for government securities, the R...
30 Apr, 2002, 02.33 AM IST