India will offer incentives for chickpea exports for three months, as prices have plunged in the past six months on expectations of a record production this year.
CBA said the Federal Court of Australia has referred civil penalty proceedings initiated by AUSTRAC against the bank for mediation at the request of both the parties.
Rio Tinto agreed to sell its 75% stake to Whitehaven for $200 million, as part of a strategic decision to exit coal and focus on growth in iron ore.
Westpac auto-finance business approved applications that contained no expense information, an inquiry into Australia’s financial sector heard.
Israeli defence firm Elbit Systems, which is in the final stages of buying state-owned rival IMI Systems, is already on the hunt for more acquisitions, its CEO said.
CBA sold credit card insurance to about 64,000 customers who were not eligible to claim against it, an inquiry into Australia’s financial sector heard.
Association of Southeast Asian Nations and Australia said they held “grave concerns” about escalating tensions caused by North Korea’s nuclear and missile programmes.
“You don’t grow stronger by closing the door to other markets. Protectionism is a dead end," Turnbull said.
The US dollar rose to 0.9516 Swiss franc from 0.9448 Swiss franc, and it was up to 1.3057 Canadian dollars from 1.2941 Canadian dollars.
NAB system of bonuses and incentives encouraged bankers to engage in fraudulent lending practices to boost their incomes.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months