Business

This paves the way for corporate houses like Anil Dhirubhai Ambani Group, L&T and Tatas to enter the banking business.

Maintaining hygiene in trains and stations, providing quality linen are some of the measures likely to be announced by Pawan Bansal.

Forex dealers said euro's gains against the American currency in the overseas market also supported the rupee.

Official sources said the Chief Minister has sought funding in the ratio 75:25 for the Bhanupalli-Beri project.

Nifty advanced 10.80 points or 0.18 per cent to 5,898.20, after touching the day's high of 5,911.

A government source said earlier this month Etihad was in talks to pick up a 24 per cent stake in Jet for up to $330 million.

Kingfisher, which has been stripped of its flying licence, owes an estimated $2.5 billion to banks, staff, airports and oil companies.

Patent expiry opportunities, coupled with efforts to contain healthcare spends, are likely to drive the generic market in developed countries.

CNBC-TV18's Banking Editor Latha Venkatesh joined IBNLive readers for an interaction on RBI's recent credit policy changes.

Citigroup is one of the most international US banks, serving consumers in 40 countries.

Kohli, a company veteran, currently heads Bharti Airtel's international operations as its chief executive officer.

Air India plans to sell all its 27 Dreamliner aircraft to a lessor and lease them back to operate by paying monthly rentals.

While the government expects the economy to grow by 5.7 per cent, the RBI had projected a growth rate of 5.8 per cent.

Finnair has been rated as the world's safest airline, followed by Air New Zealand, Cathay Pacific and Emirates.

Nath, a key player in pushing FDI reforms in Parliament, noted that government needs to play a role in regulations.

The price increases come as mobile phone carriers face billions of dollars in airwave surcharges.,