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Friday, May 12, 2006
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MONEY & BANKING

LIFE INSURANCE


Max New York opens M 'lore branch
Max New York Life, a private sector life insurance company, has opened a branch in Mangalore. Addressing presspersons on the occasion, Mr Rajesh Sud, Executive Director (Agency, Bancassurance and Direct Sales Distribution), ... More

GENERAL INSURANCE


IRDA for 20 pc cap on motor premium changes
Insurers' views sought ahead of de-tariffing from 2007 More

GOVT BONDS


RBI to promote retail trade in g-secs
The apex bank's view is in line with that of SEBI. More

CORPORATE BONDS


SBI to raise Rs 500 cr thru bonds
State Bank of India (SBI) has announced that it would be raising Rs 500 crore through an issue of bonds. The bank informed the Bombay Stock Exchange that the Executive Committee of the SBI central board had approved the raising ... More

CREDIT MARKET


Fed fund rate hike makes ECBs dearer
Interest servicing costs may go up More

BoI to grow corporate credit portfolio by 25 pc
Exclusive branch in Delhi for big ticket clients More

EVENTS


FMs in contrast
At the recent Asian Development Bank (ADB) meet in Hyderabad, one saw contrasting approaches between the Master of Ceremonies — the Finance Minister, Mr P. Chidambaram, and the host Andhra Pradesh Finance Minister, Mr K. Rosaiah. While the ... More

INVESTOR PROTECTION


Unclaimed dividend: Panel pitches for bonafide shareholders
The Standing Committee on Finance has recommended that the Government provide legitimate space to bonafide claimants of dividend amounts from nationalised banks even after a seven-year limitation period. In its report on the Banking Companies ... More

PEOPLE


Sitaramam takes over as MD of SBT
Mr K. Sitaramam has taken over as Managing Director of State Bank of Travancore (SBT). Mr Sitaramam began his banking career in 1971 as a probationary officer with State Bank of India. He has since held various positions as Chief ... More
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Top Stories
Dishman Pharma close to formalising another acquisition in Switzerland


Ircon to build rail link for Mittal Steel in Liberia

IRDA for 20 pc cap on motor premium changes

Centre plans to implement $ 50-b highway projects

Wheat prices gain despite 30 lakh t import tender

Policy on import of genetically modified food flawed

Reliance Petro debuts on BSE at 70 pc premium

Praxair bags order to build DSP oxygen plant

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 30-May. 6
Forex reserves rise $2 b on RBI mop-up

ICICI Bank subsidiaries post higher profit

Indian Bank, IOB to decide on rate revision soon

Yields harden on high oil prices, profit-booking

RBI cool to SFCs' plea for stressed assets fund

Standard Life stake sale to Citi okayed

Oriental Bank looking at insurance

Non-life insurers active in bulk deposit, CBLO markets

`India less vulnerable to global imbalances'

Life insurance sector grows 35 pc

Deficit reduction on track: S&P



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