The company said its annual general meeting is scheduled to be held on 18 September, to consider various proposals, including revising borrowing limits, alterations to the Articles of Association of the company, and private placement of non-convertible debentures or other debt securities.
Rupee has not depreciated to a worrying level: Rajan
The rupee on 16 August had slumped to a life-time low of 70.32 on strong demand for the US dollar.
Improve governance practices or perish: RBI to UCBs
The Reserve Bank has asked urban cooperative banks, which have been facing a steady decline in their market share for over a decade now, to improve their management and governance practices so that customers repose their trust in them and the banks can remain relevant.
Sundaram Finance Q1 net profit up 25.9% to Rs 140.72 cr
Disbursements grew 19 per cent to Rs 4,062 crore from Rs 3,420 crore registered in Q1 of the previous year.
After Amazon & Walmart, Alibaba headed towards India: Report
There are reports of Chinese e-commerce behemoth Alibaba being in talks with Reliance Retail to set up one of the biggest retail joint ventures in the country.
Gracenote has the potential to change the Indian music game: Top man
The global music industry revenue right now is close to $9 billion and in India, the industry is growing at a massive rate, with revenues crossing Rs 750 crore this past year, a growth of over 37 per cent.
DMDK chief ‘Captain’ Vijayakant celebrates his birthday today
Vijayakanth’s career, both in film and politics, is like the film ‘Ramana’ – a surprise hit. No one thought he had the looks, character or the skills to become a hero. But he did. He acted in 155 films and delivered numerous hits!
Three dates that will decide DMK’s future
Will these three dates uphold or damage the three principles of the DMK – Kadamai, Kanniyam, Kattupaadu?
Onam becomes day of rehabilitation for flood-hit Keralites
Chennai: Standing in solidarity with lakhs of flood victims in Kerala, ‘Onam’ was not celebrated officially in the State.
CBSE, parents blame each other for kids homework rule
According to CBSE affiliation bylaws, schools affiliated to the board must satisfy its advisory saying no school bag and no homework for students up to class two. However, allegations were raised against schools that they are not abiding by the rules.