As expected the Reserve Bank of India (RBI) has kept key policy rates unchanged, reducing only the statutory liquidity ratio (SLR) to 23% by 100 basis points (bps). This reduction is aimed at ensuring free flow of credit growth through enough liquidity in the system.
07:00 19 Jun 2013 from
Moneycontrol
Indian Hotels' offer to buy Orient Express may lapse: Srcs
Indian Hotels offer for acquiring US-based Orient Express may lapse as the Indian company did not modify offer price within stipulated time, reports CNBC-TV18 quoting sources. In November, US-listed Orient-Express, which owns the Hotel Cipriani in...
06:59 19 Jun 2013 from
Moneycontrol
Expect boost in mkt position post upgrades: Tata Motors
Karl Slym, MD of Tata Motors, in an interview to CNBC-TV18, talked about the company's slew of upgrades for existing models. He expects improvement in the position with these launches. The company has chosen...
06:59 19 Jun 2013 from
IBNLive
Uttarakhand: PM announces Rs 145 cr as immediate relief
Dehradun: Prime Minister Manmohan Singh, along with Congress President Sonia Gandhi, conducted aerial survey of Uttarakhand on Wednesday to asses the damage that has been caused due to torrential rains, which have led to massive landslides...
