Financial Express - India's leading business newspaper from the Indian Express Group

RBI norms for consolidated PSU bank accounts on anvil

Reserve Bank of India (RBI) has moved to get public sector banks to consolidate their accounts with those of their subsidiaries and other outfits where they hold substantial stakes.

Kuwait Petro to pick 8% in RPL

Corporate India is about to witness one of the largest stake sale deals in the coming days. Reliance Industries Ltd (RIL) is all set to offer eight per cent of its equity stake in the country's largest private sector grassroots refinery.

MSEB pays DPC's November arrears

Maharashtra State Electricity Board (MSEB) on Monday paid Rs 64 crore in arrears for the November 2000 bill to DPC. The arrears payment has obviated the need for the invocation of the Centre's counter-guarantee.

Govt lines up 36 bills for Budget session

Government has lined up 36 important bills for parliament's approval when it meets for the Budget session of parliament starting February 19.

We were hit too, say other Gujarat talukas

Eversince the quake ripped Gujarat, all kinds of stories have been doing the rounds. Tales of courage. Tales of persistence. tales of despair. But it's the stories that are not being told that are clamouring for attention now.