Foreign insurance brokers to be allowed 49% stake in JVs
The Insurance Regulatory and Development Authority (IRDA) is planning to restrict foreign insurance brokers to a minority stake of upto 49% in domestic joint ventures.

Centre asks Oman Oil to stay on in Bina project
The Centre has asked the Sultanate of Oman to consider an investment by Oman Oil Company in the Rs 7,500-crore Bina refinery being promoted by Bharat Petroleum Corporation.

Dhanalakshmi Bank shifts global banking wing to city
In a bid to facilitate its dealers to operate from a competitive environment, the Thrissur-based Dhanalakshmi Bank has shifted its international banking division (IBD) to Mumbai. The Dhanalakshmi bank's IBD was hitherto located at Kochi.


  Executive Briefing
  Dresdner scraps merger with Deutsche Bank AG
  100% divestment in MSTC cleared
  Sinha upset over damage control plan
  SSIs' credit guarantee fund to hold Rs 2,500 cr corpus
  Looking beyond the next fiscal
  RITES bags locos order in Bangladesh