Yes Bank appoints Brahm Dutt as non-executive part-time chairman

Yes Bank appoints Brahm Dutt as non-executive part-time chairman

Saturday, 12 January 2019 | PTI | New Delhi

Yes Bank, India's fourth largest private sector bank, Saturday said it has appointed Brahm Dutt as non-executive part-time chairman to the board. "The Reserve Bank of India, pursuant to the provisions of the Banking Regulation Act, 1949, and basis Mr Brahm Dutt's outstanding credentials and experience, has approved his appointment...Up till...

Ghosn hit with more charges, release unlikely

Saturday, 12 January 2019 | AFP | Tokyo

Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon. Lawyers for the former jet-setting executive filed a bail application hours later, but have acknowledged that he will probably be detained...

Assocham meets RBI Governor on NBFC, HFC crisis

Saturday, 12 January 2019 | PTI | Mumbai

Industry lobby Assocham Friday met Reserve Bank governor Shaktikanta Das and discussed the liquidity issues being faced by non-banking financial companies and housing finance players, and suggested some steps to ease the crisis. Since taking charge on December 12, Das has met banks, both public and private sector and also NBFCs...

Infosys announces Rs 8,260-cr buyback

Saturday, 12 January 2019 | PTI | New Delhi

Infosys on Friday said it will buyback shares worth up to Rs 8,260 crore and offer shareholders a special dividend of Rs 4 per share as part of the company’s Rs 13,000 crore-capital allocation policy. The board has also approved the re-appointment of Kiran Mazumdar Shaw as the Lead Independent Director...

Paper consumption doubles in 10 years, cheaper imports threating investments: IPMA

Saturday, 12 January 2019 | PNS | new Delhi

India has emerged as the fastest growing paper market amongst large economies in the world. In the last 10 years, the domestic demand has almost doubled from around 9 million tonnes in FY 2007-08 to over 17 million tonnes in 2017-18. The Industry estimates the overall paper demand to grow at...

Young Army launched for the youth keen to join Army

Saturday, 12 January 2019 | PNS | new delhi

Young Army platform launched digitally for the youth who plays a prominent role in the Society. The prime objective of Young Army is - Future of Youth & Equality in Society. Anyone interested in joining Young Army can visit our website www.youngarmy.org Or give a Missed call to 9989566666. You...

Tata Motors group global sales dipped 14 pc in December

Saturday, 12 January 2019 | PTI | New Delhi

Tata Motors on Friday reported 13.9 per cent decline in group global wholesales, including that of Jaguar Land Rover (JLR), at 1,00,551 units in December 2018. Tata Motors’ group global wholesales in December 2017 stood at 1,16,677 units. Global wholesales of all Tata passenger vehicles last month stood at 59,898 units,...

Industrial growth fell to 17-mth low of 0.5 pc in Nov

Saturday, 12 January 2019 | PTI | New Delhi

(PTI): Industrial output growth dropped to a 17-month low of 0.5% in November on account of contraction in manufacturing sector, particularly consumer and capital goods. Factory output as measured in terms of the Index of Industrial Production (IIP) had grown by 8.5% in November 2017, as per data released by...

Sunday Edition

Globe Trotting

20 January 2019 | Agencies | Sunday Pioneer

Sharif not completely well, says special medical board

20 January 2019 | PTI | Sunday Pioneer

Bangladesh PM Hasina says Govt will work for all

20 January 2019 | PTI | Sunday Pioneer