APN News

  • Friday, April, 2024| Today's Market | Current Time: 07:04:33

    • Business

    INMEX India 2013 To Be Held at Mumbai from 8th to 10th Oct

     Informa Exhibitions India, part of the UK based Informa plc is organizing the 8th Edition of INMEX India 2013, South Asia’s largest maritime event at the Bombay Exhibition Centre (Goregaon East, Mumbai) from 8th October 2013 to 10th October 2013. This trade event will have over 600 participating companies from 35 Countries including 7 Country […]

    Business

    Former Indian Bank CMD and six other former top officials sentenced to one-year rigorous imprisonment by a CBI court

    Former Indian Bank Chairman and Managing Director, M Gopalakrishnan and six other former top bank officials have been sentenced to one year rigorous imprisonment by a CBI court in Chennai for allegedly causing a loss of 31.75 crore rupees by granting loans without proper security between 1992-96. Principal Judge for CBI cases, S Malathy held […]

    Currency

    RBI issues norms for currency swap window

    RBI has issued norms for currency swap window. In a notification issued from Mumbai on Friday, RBI has said that swap facility will be available to scheduled commercial banks for fresh foreign currency non-resident bank – FCNR(B) deposits mobilized for a minimum tenor of three years.   RBI has said that the deposits raised may […]

    Business

    Vodafone receives setback in the Bombay High Court

    Telecom major Vodafone received a setback in the Bombay High Court on Friday, as its petition challenging the jurisdiction of the Income Tax Department to pass 8,500 crore rupee transfer pricing order was dismissed by the court. Dismissing the petition, the bench headed by Justice S F Vazifdar said since an alternate remedy was available […]

    Markets

    SEBI bars 34 entities from capital market for fraudulent dealings in the shares of 12 companies

    SEBI has barred 34 entities from the capital market for fraudulent dealings in the shares of 12 companies. It has also restrained the main conspirator of the alleged manipulative trades, Sunil Mehta from accessing the securities market for a period of seven years. In a statement issued in Mumbai, SEBI said that 13 entities have […]

    Banking

    ICICI Bank launches Branch on Wheels in Maharashtra

    Maharashtra: ICICI Bank Limited, India’s largest private sector bank, today announced the launch of its“ Branch on Wheels” as part of its financial inclusion plan that aims at providing banking services in villages which are so far devoid of banking facilities. The “Branch on Wheels“, the first of its kind initiative by any private sector […]

    Business

    Seven-day Exhibition of Handicrafts from Shantiniketan

    Hyderabad : Seven-day Exhibition of Handicrafts from Shantiniketan, West Bengal organized by Swayambhar NARI (Non-formal Action Research Institute), a Kolkata-based Voluntary Organisation kicked off here at YWCA, West Marredpally Road, Secunderabad today. The exhibition was formally inaugurated by Ms. Chandana Khan, IAS, Special Chief Secretary, Tourism & Culture, Government of Andhra Pradesh. Open for all […]

    Business

    India hails G20 stand on taxation of multinational companies

    India on Friday said the stand taken by the G20 nations that profits of multinational companies should be taxed where economic activities deriving the profits are performed and where value is created is an “important landmark” and it validates the country’s position. Acknowledging that effective taxation of mobile income is a key challenge, the G20 […]

    Markets

    China, Russia warn against US fiscal stimulus withdrawal

    Echoing the position articulated by Prime Minister Manmohan Singh, China and Russia today warned that imminent withdrawal of fiscal stimulus by the US could have an adverse impact on the global economy and cautioned the Obama administration against it. Ahead of the summit of the Group of 20 industrialised and major emerging economies, Prime Minister […]

    Business

    Coal block auctions likely by Dec-Jan: Govt

    The government on Friday said the auction of explored coal blocks may take place either by December or the beginning of the next year. “The auction of explored coal blocks is likely to be undertaken in December or by January 2014,” Coal Secretary S K Srivastava said at a CII conference in New Delhi on […]

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