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Government IT spending to grow 9.5% in 2017: Gartner Government IT spending to grow 9.5% in 2017: Gartner

Led by growth in business process outsourcing, the Indian government is set to spend $7.8 billion on IT in 2017 - an increase of 9.5 per cent over 2016, market research firm Gartner said on Monday. ....


Coal India\ Coal India's net profit falls 20.25% in Q3

Coal India Ltd (CIL) on Saturday reported a 20.25 percent fall in consolidated net profit to Rs 2,884.47 crore in the quarter ended December 31, 2016 against Rs 3,617.18 crore in the corresponding quarter last year. ....


Bank employee commits suicide over note exchange allegations Bank employee commits suicide over note exchange allegations

A bank employee, who says he was wrongly accused in a case of exchanging old currency notes, has committed suicide in West Bengal's Howrah district, Government Railway Police (GRP) officials said on Saturday. ....


RBI to declare \ RBI to declare 'verified' figure on post-demonetisation deposits

The Reserve Bank of India on Saturday said it needs to be careful on divulging the post-demonetisation deposit amount as the figure needs to be verified first and should not be just an estimate. ....


HM unions sore at Ambassador brand sale HM unions sore at Ambassador brand sale

Trade union leaders at the ailing Hindustan Motors (HM) on Saturday expressed disappointment over the management's decision to sell the iconic Ambassador brand to French auto major Peugeot SA. ....


Governor to wait for SC verdict before calling Sasikala to stake claim Governor to wait for SC verdict before calling Sasikala to stake claim

Tamil Nadu Governor C. Vidyasagar Rao may wait till the Supreme Court delivers its judgement in the DA case against AIADMK General Secretary V.K. Sasikala, among others, before calling her to form the government, according to reports. ....


SBI net profit up 134% in Q3 on stake sale in subsidiary SBI net profit up 134% in Q3 on stake sale in subsidiary

India's largest public sector lender State Bank of India (SBI) on Friday reported a 134.01 per cent increase in its standalone net profit to Rs 2,610 crore in the 2016-17 fiscal's third quarter ended December 31, on low provisioning for bad loans and stake sale in SBI Life Insurance. ....


Centre appoints 3 directors to RBI local boards Centre appoints 3 directors to RBI local boards

The central government has appointed three members on the local boards of the Reserve Bank of India, the apex bank announced on Friday. ....


RBI to keep watch on long-term data for rate cuts: HDFC CEO RBI to keep watch on long-term data for rate cuts: HDFC CEO

The Reserve Bank of India (RBI) will keep a close watch on certain data like crude oil prices, US economic data and monsoon, to consider a future cut in its lending rates, Vice Chairman and Chief Executive Officer of HDFC Keki Mistry said. ....


Air India\ Air India's balance sheet needs to be restructured: Minister

National passenger carrier Air Indias balance sheet needs to be restructured as part of its financial transformation, Minister of State for Civil Aviation Jayant Sinha said on Thursday. ....




Weird n' Wonderful
A first-of-its-kind journey along India and Pakistan border

What binds the two most talked about nations - India and Pakistan together? What makes the

 
 
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