APN News

  • Saturday, May, 2024| Today's Market | Current Time: 04:18:57
  • BloombergUTV launches the yourmoneysite.com Alarm Application for BlackBerry PlayBook

    Mumbai:  BloombergUTV – India’s premier business news channel, today announced the launch of a unique Alarm Clock Application for BlackBerry® PlayBook™ Tablets developed by www.yourmoneysite.com, the channel’s online business. The application tells its user what the market outlook for the day is by simply flashing a green or red light as the alarm rings. Beyond the […]

    For Second Year In A Row, American Express Offers A Gift Card Created Especially For Diwali

    Hyderabad: For the second year in a row, American Express is offering a Gift Card designed exclusively for the festive occasion of Diwali. The Diwali Gift Card from American Express can be used to substitute a cash gift, included with the traditional mithai box, or added as a special touch to any Diwali gift. “We’re […]

    HDFC Q2 net up 20 pc at Rs 971 cr

    Housing mortgage lender HDFC has reported a 20 percent increase in its net profit to Rs 971 crore for the second quarter ended 30th Sep vis-a-vis the corresponding period last fiscal. Housing Development Finance Corporation (HDFC) had posted a net profit of Rs 807.54 crore for the July-September quarter of 2010-11. The company’s total income […]

    RBI raises per transaction limit to 3,000 USD for exporters

    The Reserve Bank of India (RBI) enhanced the limit for retaining foreign currency abroad to 3,000 USD per transaction for exporters against the existing 500 USD. RBI in a statement issued in Mumbai yesterday said the decision has been taken for export related remittances received through Online Payment Gateway Service Providers (OPGSPS). This facility is […]

    CBI signs MoU with Maruti Suzuki

    by NR INDRAN / INT In a ceremony organized at Delhi Central Bank of India entered into an MoU with Maruti Suzuki India Ltd for financing of Maruti Car. Shri B N S Ratnakar, General Manager, on behalf of the Bank and Shri R S Kalsi, Exeucitve Director on behalf of the Maruti Suzuki India […]

    Federal Bank signs an MOU with NSIC (National Small Industries Corporation Ltd)

    by NR INDRAN / INT Federal Bank, the Kerala-based private bank has signed an MOU with NSIC (National Small Industries Corporation Ltd) last week, with the ob-jective of facilitating smooth credit flow to the MSME (Micro, Small and Medium Enterprises) sector. NSIC is a Central Government agency under Ministry of MSME, engaged in promotion and […]

    Bank of Baroda offers 25 bps concession in housing loan and car loan

    by NR INDRAN / INT Festive Offer : Bank of Baroda offers 25 bps concession in housing loan and car loan & 100% waiver in processing charges In order to make the retail loan products more competitive, during the festival season, Bank of Baroda is offering 25 basis point concession across all the slabs and […]

    Pranab to press for sharing of banking, tax info at G-20

    Finance Minister Pranab Mukherjee will press for automatic sharing of banking and tax-related information among nations to check the menace of black money and terror funding at the two-day G-20 meeting of finance ministers and central bank governors beginning on Friday at Paris. “Tax evasion and illicit flows have posed serious challenges to the world […]


    by NR INDRAN / INT Mumbai : HDFC Bank, the second largest private bank in India, and Diners Club International® Ltd., a business unit of Discover, today announced a strategic alliance whereby HDFC Bank will issue Diners Club International credit cards in India. The Bank will also provide merchant acquiring services, thereby creating more acceptance […]

    RBI serious on problem of fake currency & Banks: D Subbarao

    The Governor of Reserve Bank of India D Subbarao said that RBI is serious about problem of fake currency and Banks and Police have been directed to take strict action in such cases and to ensure prevention of fake currency. Addressing a meeting of Rajasthan Chamber of Commerce in Jaipur today Mr Subbarao said that […]