GCETMBA.com - Business News Update


Bajaj Auto Finance announces its new brand identity as Bajaj Finserv Lending.
Bajaj Auto Finance has renamed its brand identity as Bajaj Finserv Lending. Bajaj Finserv's current business lines include Protection through Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance and Lending through Bajaj Auto Finance.
IDBI Fortis enters the Cultural Capital of Kerala
IDBI Fortis Life Insurance formally launched its branch at Thrissur today. The branch is located on the First floor, Trichur Trade Centre at Kuruppan Road.
Mahindra Finance Q1 PAT UP by 86%
Mahindra Finance Quarter 1 Profit Summary after Tax.
Srei BNP Paribas goes bullish in Gujarat, targets Rs. 1,100 crore disbursement this fiscal, opens 5th office in the State at Gandhidham
Srei BNP Paribas, industry leader in the infrastructure and construction equipment financing, is targeting to disburse over Rs. 1,100 crore in Gujarat and has opened 5th office in the state at Gandhidham today towards its aggressive growth plans in the State.
Mr.Siddharth Shankar comments on the latest Food Inflation numbers
Mr. Siddharth Shankar is a leading Economist & Financial Expert. He is associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant.
Shriram announces two new initiatives for Truckers at Hyderabad
Shriram Automall India Ltd announced two initiatives - 1. Shriram One Stop 2. Shriram Newlook - These value added services will benefit every stakeholder in the transport industry and will facilitate faster replacement and better quality used vehicles on Indian roads
Bank of India and Gupta Equities Pvt. Ltd. sign MOU for Online Share Trading
Bank of India signs MOU with Gupta Equities Private Limited on 25.6.2010 for offering Online Share Trading facility to the customers of the Bank.
Vimal Stocks ties up with UK-based Spread Co
Ahmedabad-based Vimal Stocks Ltd has joined hands with UK-based Spread Co to form a new entity called Vimal Trade, which will provide a trading platform to high net worth individuals (HNIs) in India to invest in global markets.
Shriram announces two new initiatives for Truckers
Shriram Automall India Ltd., a subsidiary of Shriram Transport Finance Co. Ltd., the largest asset financing company in the country, launched two new initiatives that will provide organized trading facilities to the small truck operator for the first time ever to motivate him to replace his old truck faster.
Standard Chartered launches online remittance facility
TimesofMoney ties up with Standard Chartered to power their remittance service, Transfer2Home
IFC Helps India's Andhra Pradesh State Expand Affordable Health Care Services through PPPs
IFC, a member of the World Bank Group, has successfully completed its advisory work with the Indian State of Andhra Pradesh to help four public hospitals offer advanced diagnostics services to low- and middle-income people.
Citi appoints Pankaj Vaish as Head of Markets, for South Asia - India, Bangladesh and Sri Lanka
Citi has appointed Pankaj Vaish as Head of Markets for Citi in India, Bangladesh and Sri Lanka, with responsibilities for the fixed income, currencies, credit, commodities and equities businesses. Pankaj will report to Rodrigo Zorilla, Head of Global Markets at Citi Asia Pacific and to Pramit Jhaveri, CEO at Citi India.
Australian Market Report of July 14, 2010
The Australian sharemarket Wednesday opened higher with gains across all sectors, as Wall Street significantly surged overnight, inspired by the upbeat corporate earnings for the second quarter. Today The S&P/ASX 200 index jumped approximately 1.7 per cent shortly after the opening bell.
Barclays Shared Services announces appointment of new Chief Executive
Barclays Shared Services (BSS), a 100% subsidiary of Barclays Bank PLC, announced the appointment of Sameer Chadha, currently Chief Operating Officer, as the company's Chief Executive Officer.
ING Life launches an industry first: 'Pick Ur Advisor' in Madurai, Salem and Trichy
ING Life India, part of the ING Group, announced the launch of 'Pick Ur Advisor', a new online initiative that helps customers pick a financial advisor based on their preferences for the cities of Madurai, Salem and Trichy.Customers can now choose their preferred financial advisor online at www.pickuradvisor.com
clairfield Partners EXPANDS TO INDIA
clairfield Partners EXPANDS TO INDIA Equirus Capital joins the Clairfield international partnership Mumbai, July 09, 2010 : Equirus Capital ( www.equirus.com) is pleased to announce its partnership with Clairfield Partners (www.clairfield.com) - a international network of investment banks present in 13 countries. The partnership will enhance Equirus M&A capability and coverage across Europe, US, Asia and Australia.
2nd Annual Customer Retention, Satisfaction and Loyalty 2010 Conference to be addressed by Mr.O.P.Aggarwal, Banking Ombudsman/CGM, RBI
Customer retention is a key priority for any organization looking to maximize revenue. In the current economic climate, the importance of retaining customers has become vital. With rigorous cost cutting measures and customers curbing their service usage, financial institutions are faced with a difficult balancing act when competing and retaining customers.
Muthoot Fincorp receives Crisil P1+ rating
Muthoot Fincorp Ltd., the flagship company of the Rs.20,000 Crore Muthoot Pappachan Group, has been elevated by Crisil to 'P1+' rating in the short term segment, the highest rating possible. Muthoot Fincorp's long term rating also has been upgraded by Crisil to 'A+' with Stable Outlook.
Investors' Awareness Programme at Chennai on 14.07.10,Wednesday,T.Nagar,Chennai-17
To be Addressed by Mr.K.N.Vaidyanathan, Executive Director, SEBI on Recent Regulatory Changes on Mutual Funds
IFC Helps Mobilize Mizuho Corporate Bank's Financing for Transmission Project in India
IFC, a member of the World Bank Group, is helping Mizuho Corporate Bank finance a power transmission line project that operates transmission links between East and Northeast India and power-deficit North India.
G20's four pillars for agenda reform built on uneven foundations, says ACCA
Stability is crucial ahead of the next meeting in Seoul later in the year and there is a real risk that complacency could plunge the global economy back into danger
QuIC Financial Technologies Announces Success of CVA Summit
Summit Achieves Record Attendance, Drawing Participation From 15 of the Top 25 Banks(i)
ACCA global virtual conference set to attract more than 2000 participants
Participants to include corporate governance guru Professor Mervyn King from South Africa, and Alan Teixeira, Director of Technical Activities of the International Accounting Standards Board
Talent Management for finance professionals gains traction, but there is further work to do, ACCA survey reveals
'Talent Management in 2010 'report shows talent development programmes were hit hard in downturn
R. Seetharaman honoured with "Outstanding Contribution to the Industry" award
Mr. Seetharaman, the only Indian CEO in the banking industry in the Middle East, was bestowed with the honour for his invaluable contributions to trade investment banking in the Middle East. The banking industry veteran was also recognized for his role as a philanthropist and his contributions to global economics, supporting for years the common cause to address the global warming and climate change issues, creating sustainable economies and work towards achieving Millennium Development Goals.
Aditya Puri among "Asian Captains of Finance 2010": The only Indian banker in the list
Mr. Aditya Puri, Managing Director of HDFC Bank Limited has been nominated an "Asian Captain of Finance" in a poll among analysts conducted by the Institutional Investor Magazine. There are two Indians on the list and Mr. Puri is the only Indian banker. Reliance Capital's CEO Sam Ghosh is the other Indian. Mr. Puri was among the 7 business leaders who analysts rated highest.
Punjab National Bank Chakan Branch Inaugurated.
Executive Director of the Punjab National Bank (PNB) Mr. Mohan Tanksale inaugurated the Pune Circle's 48th branch and Pune city's 18th branch in the industrial suburb of Chakan alongwith an ATM on Sinhagad Road today .
Motilal Oswal Mutual Fund launches MOSt Shares M50 - India's 1st Fundamentally weighted ETF based on Nifty
Motilal Oswal Asset Management Company Ltd. has announced the launch of Motilal Oswal MOSt Shares M50 ETF, an open ended Exchange Traded Fund focusing on investing in a fundamentally weighted basket of stocks that comprise the S&P CNX Nifty Index (Nifty). This will be India's 1st Fundamentally weighted ETF based on Nifty and will extend the ETF product set towards a new paradigm.
How well can the Indian Government juggle between oil prices, inflation and its fiscal condition?
A key insight of the skills required by the Government of India to sucessfully juggle with precision and perfection between these dangerous death knells - inflation, oil prices and fiscal condition.