SHCIL unit folded into parent - HT The Stock Holding Corporation of India Ltd (SHCIL) has acquired the controversial Singapore-based subsidiary of its associate SHCIL Services Ltd, Unitec Value Solutions, according to SHCIL's director RK Bansal.
Private banks may cut home loan rates - HT High liquidity and an inflation rate that has remained below 5 per cent for six weeks in a row have raised banks' hopes that they can lower home loan rates after the credit policy review on July 31. But it is unlikely to be a broad-based reduction, with state-owned banks preferring to hold rates. Private banks, which effected severe hikes over the last few months, however, may slash them.
IFCI to put off stake sale - HT IFCI, the oldest financial institution in the country, is re-examining a move to sell a 26 per cent stake to a strategic partner. After turning profitable in the last quarter, the company is learnt to have decided first to build a robust business model and then go in for an equity sale.
L and T eyeing submarine project - HT Larsen and Toubro, the diversified engineering conglomerate, is planning to build submarines as part of its defence projects venture. The company is also planning to demerge the defence division into a separate firm.
Money is passe, loyalty for the birds - HT The game of opportunity has never been so infectious in the country as it is now. Backed by an economy growing at nine per cent, sunrise sectors are furiously providing employment opportunities in bulk.
Headhunters turn vegetarians - HT
When rolling stones gather the moss... - HT
Novartis set back over patent - HT
Nath is FT FDI personality of the year - HT
We need to improve energy efficiency - HT
Residential upswing - HT
Financial services drive salaries north - HT
Stung by rupee, TCS, Infy raise manpower utilisation - HT
Deferred annuity - HT
Biocon to sell enzymes unit - HT
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment