Icra puts Apple Fin, Alpic Fin fixed deposits on rating watch
Credit rating agency ICRA has placed the rating of fixed deposit programme of Apple Finance Ltd (AFL) and Alpic Finance on a rating watch with developing implications, following the proposed merger of Alpic Finance, AFL, Apple Credit Ltd and Srei International Finance.

Centre to announce reinsurance norms for insurance firms soon
The Government is likely to ask all insurance companies including private players to reinsure 20% of the sum assured on each insurance policy written in the country with a Indian reinsurer.

IIBI revamp complete, says CMD
The Industrial Investment Bank of India has restructured itself and set three strategic objectives for the long-term, according to its newly-appointed chairman Basudeb Sen. The changes in the organisational structure have been implemented on August 1.


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  Reborn Shinsei may forgive Japan Hazama's debt
  Market round-up
  Federal Bank in talks with Amex for co-branded card
  Crisil assigns A(SO) rating to APPFC
  Briefing
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  IOC consortium to float five Joint venture firms for AP project
  Labour ministry puts its footdown on Contract Labour Bill
  Divestment panel secretary wants greater powers
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  Tight monetary regime is the only solution for a stronger Rupee
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  Shareholders okay Cochin airport equity rejig
  Maharashtra slaps 10 paise power duty; exempts MSEB
  Raids on cricketers net Rs 3.75 crore
  Higher tobacco taxes effective in cutting consumption
  Jewellery exporters flay harassment by customs officials
  Re's downhill trek continues
  Executive briefing