Tuesday, June 30, 2015
Monday, June 29, 2015
UNITED Bank of India has the rare distinction as the public sector lender with maximum bad loans including restructured assets as a percentage of total advances.
United Bank of India's 21.5 percent assets are either bad or have been restructured to save them from turning non-performing assets (NPAs), shows data provided...
Saturday, June 27, 2015
AT A time when the governnent is mulling to shut down three units of HMT: HMT Watches, HMT Chinar Watches and HMT Bearing, another HMT unit Hindustan Machine Tools’ Kalamassery unit has posted net profit of over Rs. 2 crore during 2014-15.
The PSU unit also looks strong for the next financial year.
It may be mentioned that keeping the momentum of good show, the PSU has recorded profit for the fifth successive year.
The PSU unit has also...
Friday, June 26, 2015
|PM Modi with young ISRO scientists|
INDIAN Space Research Organization (ISRO), the premier space agency in the country that reports to the Prime Minister and works under the Department of Space is inviting applications for the posts of Scientist/Engineer 'SC’ (Electronics), Scientist/Engineer 'SC’ (Mechanical) and Scientist/Engineer 'SC' (Computer Science).
The eligible candidates...
Thursday, June 25, 2015
GIVING a boost to the solar energy segment, the government on June 24 paved the way for birth of a star player in the sunrise sector. The move underlined PM Narendra Modi's focus on green and clean energy.
The Union Cabinet chaired by the Prime Minister Narendra Modi on June 24 gave its approval to the Solar Energy Corporation of India (SECI) to apply to the...
Wednesday, June 24, 2015
IN A bid to revive the public sector banks that are now facing pressure due to mounting bad loans and a host of other issues, the NDA government may infuse Rs 19000 crore in the current financial year.
The government may take the bank investment company (BIC) route - an omnibus holding company model proposed by the P J Nayak committee set up to...
Tuesday, June 23, 2015
IT MAY aptly be called a hi-tech tie up. At a time when the Narendra Modi-led NDA Government is gearing up for launching hi-tech super-fast trains in the country, the Indian Institute of Technology, Kharagpur, has signed a pact with BEML Ltd to collaborate in areas of bogie design, propulsion system controls and alternative car body material.
The MoU is likely...
Monday, June 22, 2015
|RBI Governor Rajan|
A PANEL headed by RBI Governor Raghuram Rajan has shortlisted 11 candidates for the posts of CEOs and MDs of five large public sector banks, including PNB, BoB and Canara Bank.
The Cabinet may finalise names of five successful candidates in a month or so, after requisite procedures are fulfilled, media reports said.
These shortlisted names have been sent to the finance ministry and would be subsequently forwarded to the Appointments Committee of the Cabinet (ACC) after vigilance and other necessary clearances.
All the shortlisted candidates are...