APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 08:48:58
  • ICICI Bank launches ‘ICICI Bank Global Banking-Hello Canada’

    Mumbai: ICICI Bank Limited, India’s largest private sector bank, announced the launch of ‘ICICI Bank Global Banking-Hello Canada’, a convenient banking service for Indians migrated or migrating to Canada. This service offers a customer the convenience of opening a Canadian Dollar (CAD) Account with ICICI Bank Canada along with an NRI (Non Resident Indian) savings […]

    Govt setting up Tech centres to support MSMEs

    Government has launched Technology Centre Systems Programme by establishing 15 new Technology Centres and upgrading existing one to expand the network for providing better support to the Micro, Small and Medium Enterprises (MSME). MSME Minister Kalraj Mishra told Lok Sabha on Wednesday that the objective of the programme is to facilitate improved access to manufacturing […]

    India’s exports up 10.22% to USD 26.4 bn in June

    India’s exports grew by 10.22 per cent to USD 26.4 billion in June this year while imports stood at USD 38.24 billion, up by 8.33 per cent, leaving a trade deficit of USD 11.76 billion, according to the Ministry of Commerce and Industry’s data. Country’s exports stood at USD 24 billion in June last year […]

    ICICI Bank inaugurates a new Branch in Lankelapalem, Visakhapatnam

    ICICI Bank Ltd, India’s largest private sector bank, inaugurated a new branch at CHR Plaza, Lankelapalem, Visakhapatnam. Mr. C.N.Rao, Senior General Manager, Laurus Labs Ltd. inaugurated the branch, which is the 9th branch of the Bank in Visakhapatnam. This branch will remain open for customers from 9:00 am to 6:00 pm from Monday to Friday […]

    Sensex up 149 pts after RBI eases infra financing norms

    The benchmark BSE Sensex gained over 149 points in early trade on Wednesday on increased buying by funds and retail investors after the RBI relaxed financing norms for infrastructure development and affordable housing. The 30-share barometer gained 149.34 points, or 0.59 per cent, to 25,377.99 with stocks of realty, banking, infrastructure sectors leading the rise, […]

    Satyam case: Sebi bans Raju, others for 14 yrs;seeks Rs 1,849cr

    Closing five-and-a-half year long probe into the country’s biggest corporate fraud, Sebi on Tuesday barred erstwhile Satyam Computer’s founder B Ramalinga Raju and four others from markets for 14 years and asked them to return Rs 1,849 crore worth of unlawful gains with interest. The money needs to be deposited with Sebi within 45 days, […]

    Bank of Maharashtra allots Rs.988 Crores worth shares on preferential basis to Govt. of India and LIC of India

    Bank of Maharashtra held its Board Meeting on 11.07.2014 for approving allotment of 13,33,63,574 equity shares on preferential basis to Govt. of India and 9,07,23,520 shares to LIC of India and its Schemes at a price of Rs.44.09 per Share. The Bank will get an equity capital of Rs.588 Crores from Government of India and […]

    RBI eases financing norms for infra, affordable housing

    In order to encourage infrastructure development and affordable housing, RBI on Tuesday exempted long term bonds from mandatory regulatory norms like CRR and SLR if the money raised is used for funding of such projects. “Banks can issue long-term bonds with a minimum maturity of seven years to raise resources for lending to (i) long […]

    PMG facilitates clearance of 155 projects worth Rs 5.5 lakh cr

    The Prime Minister’s Project Monitoring Group has facilitated clearances of 155 projects, which entail an investment of around Rs 5.5 lakh crore. “The group has so far managed to facilitate clearances of 155 projects entailing an investment of Rs 5.5 lakh crore,” Project Monitoring Group (PMG) Chairman Anil Swarup said today. Speaking at PHD Chamber […]

    Sensex snaps five-day fall, soars 220 pts

    Snapping five-session losing streak, the benchmark BSE Sensex on Tuesday surged by 221 points with rate sensitive stocks attracting buying support in the aftermath of retail inflation easing to 30-month low of 7.31 per cent. Brokers said softening of inflation has sparked off hope that the Reserve Bank will cut interest rate at its policy […]