BHEL open to collaboration with Chinese companies
Asia Bizz: India's state-owned engineering and manufacturing company Bharat Heavy Electricals Limited (BHEL) said that it is open for collaboration with the Chinese equipment...
Service tax increased to 12 % -Effective from April 1
Asia Bizz: The budgetary proposal of raising the service tax to 12 % has come in to affect from April 1, 2012 in India....
RBI Bans Muthoot Fincorp From Taking Deposits
Asia Bizz: India's gold finance company Muthoot Fincorp has recently received a ban by the Reserve Bank of India (RBI) from taking deposits from...
Tata Motors to Invest Rs 600 crores Towards FICV in India
Asia Bizz: Indian auto giant Tata Motors revealed on March 29, 2012 that it might invest about Rs 600 crores in the development of...
Hang Seng Bank to Open branches in Mainland China
Asia Bizz: Popular Hang Seng Bank, which is considered as one of the largest banks in Hong Kong, will soon be opening additional branches...
Yuan Centre Opened by Bank Of China
Asia Bizz: On March 20, 2012, Bank of China unveiled trading headquarters in Shanghai, which will be responsible for the bank’s yuan asset trading...
Dhanlaxmi Bank’s Plea for Priority Sector Waiver Rejected by RBI
Asia Bizz: Dhanlaxmi Bank’s plea for a one time waiver of priority sector lending target has recently been rejected by the Reserve Bank Of...
ING Vysya Increases Short-Term Deposit Interest Rates
Asia Bizz: Bangalore-based retail and commercial bank ING Vysya announced on March 20, 2012 that it has increased the short term deposit interest rates...
Bank Of Baroda Fixed Deposit Rates Increased Up to 0.25 Percent
Asia Bizz: Bank of Baroda (BoB) increased fixed deposit rates of select maturities by up to 0.25 percentage points on March 19, 2012. The...
Indian Union Budget 2012 Highlights
Asia Bizz: On March 16, the Indian finance minister Pranab Mukherjee started off his 2012 Union Budget speech with many promises, but at the...
