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L&T Finance to offer wealth management, hires EFG brass
L&T Finance is actively looking to enhance its product line and is looking to foray into a business that many foreign players are struggling to sustain --wealth management.
www.business-standard.com
Judge in 2G case agrees on some points with finance ministry note
The CBI special court hearing the 2G case on Saturday refused to prosecute Chidambaram but almost agreed with some of the key contentions of the finance ministry note.
timesofindia.feedsportal.com
Manappuram Finance shares tank after RBI warning
The RBI action in warning Manappuram Finance Ltd (MFL) that any acceptance of public deposit either by it or by group company Manappuram Agro Farms was punishable has set off frenzied trading in the counter in both the BSE and NSE with the stock shedding substantial value.
www.thehindubusinessline.com
Islamic finance training comes to India
Ethica Institute of Islamic Finance, a leading Islamic finance training and certification institute, has granted Infinity Consultants, an India-based advisory firm, rights to exclusively market and sell Ethica training across India.
www.thehindubusinessline.com
Finance Ministry urged to grant more funds to MSMEs
The Micro, Small and Medium Enterprises Ministry has asked the Finance Ministry to take steps to increase lending and reduce cost of funds for the small scale industry.
www.thehindubusinessline.com
Manappuram Finance can't accept deposits - RBI
MUMBAI (Reuters) - Manappuram Finance Ltd , which provides loans using gold as collateral, is not allowed to accept or renew deposits from the public, the Reserve Bank of India said, noting the firm gave up its licence to take deposits in March 2011. The RBI said on its website that Manappuram Finance had been accepting deposits from the public and had been issuing deposit receipts in the name ...
in.news.yahoo.com
Finance Ministry to meet stock exchanges' officials on Feb 7
The Finance Ministry will meet representatives of stock exchanges here on February 7. This meeting assumes significance as it comes weeks before general Budget for 2012-13 is to be presented.
www.thehindubusinessline.com
Pranab to present 2012-13 budget on March 16
New Delhi, Feb 7 (IANS) Finance Minister Pranab Mukherjee will present the budget for 2012-13 on March 16, the government announced Tuesday.
in.news.yahoo.com
Manappuram to discuss RBI notice on Feb 10; shares plunge
REUTERS - Manappuram Finance Ltd , which provides loans using gold as collateral, said on Tuesday its board will meet on February 10 to discuss a Reserve Bank of India (RBI) notice that prohibited it from accepting or renewing deposits from the public. The board will also discuss measures to improve its corporate governance at the meeting, the company said in a statement. Acceptance of deposits ...
in.news.yahoo.com
Manappuram Finance shares tank 20% on RBI warning
Shares of Manappuram Finance tumbled by 20% to their lowest permissible limit for the day today, amid concerns over Reserve Bank of India warning the company against accepting public deposits.
www.business-standard.com
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