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Mumbai, December 19, 2012
A day after Lok Sabha passed the Banking Laws (Amendment) Bill, RBI Deputy Governor K C Chakrabarty on Wednesday said the process for issuing new banking licences will be expedited.

K.R. Balasubramanyam
December 19, 2012
Speaking to Business Today, GMR Airports CFO Sidharath Kapur says the company had won the project in an \"open and transparent\" bidding process supervised by the International Finance Corporation, a World Bank affiliate.

BT Online Bureau
New Delhi, December 18, 2012
Four bank employees unions have threatened to go on strike on Thursday to protest against the proposed Banking Laws (Amendment) Bill and mergers of the banks.

New Delhi, December 18, 2012
The PSUs -- Indian Oil, Oil & Natural Gas Corp, Bharat Petroleum and GAIL India -- had previously evinced interest in buying the ADB stake but the Oil Ministry blocked the move as it would have turned Petronet into a public sector company.

New Delhi, December 17, 2012
The government has approved the first tranche of Rs 12,000 crore fund infusion in state-owned banks, a moved aimed at enhancing their capital base, a senior official said.

Prof. M.S. Sriram
December 24, 2012
Company boards have to be more vigilant for good corporate governance in India.

Gurcharan Das
December 25, 2012
Former P&G India CEO Gurcharan Das says the growing middle class will bring about a defining change in Indian politics.
December 18, 2012
Gram Tarang trains young people from backward and Naxal hit corners of Orissa.

Mail Today Bureau
New Delhi, December 15, 2012
The government is set to rake in about Rs 20,000 crore from the second round of telecom spectrum auction of 1,800 MHz and 900 MHz band, which will go under the hammer during the ongoing financial year, ending on March 31, 2013.
December 18, 2012
It is not quite apocalypse yet, but there is less and less of water available to India's fast-expanding cities. The water table in urban India is dropping scarily as water is sucked out from the ground by apartment blocks, and at a bigger scale by industrial consumers.
December 18, 2012
In a country with a poor track record of implementing government schemes, the Bill's noble intentions will fall flat if there are no systemic corrections - the public distribution system (PDS) and ICDS have been widely exploited by racketeers.

New Delhi, December 14, 2012
Two major bank employee unions -- AIBEA and Bank Employees Federation of India (BEFI) -- have threatened to go on strike on December 20 to protest against the proposed Banking Laws (Amendment) Bill.

New Delhi, December 11, 2012
Retaining India's sovereign rating at the lowest investment grade, global agency S&P on Tuesday warned that a downgrade is likely for the country if its political climate worsens and pace of fiscal reforms slows down.

Chennai, December 10, 2012
Attracting strong interest from private equity funds, the healthcare industry in India is expected to reach $155 billion in terms of revenues by 2017.

BT Online Bureau
Mumbai, December 10, 2012
Tata group's outgoing chairman Ratan Tata has indicated that the group is unlikely to get into the civil aviation sector because of \"destructive competition\".

Arun Kejriwal
December 10, 2012
The second driver would be that having won the foreign direct investment (FDI) vote in both houses of Parliament, the government would continue to push reforms.

Hyderabad, December 7, 2012
SKS Microfinance Ltd is raising Rs 54.48 crore by securitising receivables from 64,579 micro loans extended to rural women.

New Delhi, December 6, 2012
The government says it has decided to divest stake in 10 companies, including Oil India, SAIL and Hindustan Aeronautics.

E. Kumar Sharma
December 11, 2012
The health-care sector is changing. Lifestyle diseases such as diabetes are on the rise, and the growing spread of health insurance has made costly health-care facilities affordable. In the face of new market realities, Apollo Hospitals is focusing on no-frills hospitals in Tier II and III cities and on specialised clinics.

BT Online Bureau
New York, December 5, 2012
Social networking giant Facebook Inc is all set to replace Indian software major Infosys to become a part of the Nasdaq 100 index from December 12.

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