India Became World’s Top Market In A Minute Due To High Sensex
Before Monday, the sensex had gained 26% in 2009. But the one-minute bull blitz leading to the unprecedented gain turned out to be the game-changer for the open slot of the best performing market this year. Marketmen expect India to turn into one of the lowest risk, highest growth investment destinations globally.
India could outperform emerging [...]
Bank Customer Care Number, Complete Phone Number of PSU, Private and Foreign Banks
Few months back I had applied for my HSBC Bank Credit card.I received my credit card but could n’t get my Pin Number.I thought to talk with the customer care people of HSBC bank,When i tried call to HSBC customer care,I was stunned to see that the number provided by HSBC bank to me was [...]
List Of Banks Operating in India PSU, Private and Foreign Banks
You are at right place,if you are looking for the link of any banks operating in India.
Below is the consolidated list of Public,Private and Foreign banks.
State Bank of India & 7 Associates
State Bank of India
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State [...]
Tech Mahindra Buys Satyam in Rs 2850 Crores With 51% Share
Tech Mahindra, which on Monday agreed to acquire a controlling stake in Satyam Computer Services, admitted the crisis-ridden IT firm’s liabilities would add to the challenges usually associated with an acquisition.
The Satyam board has selected Venturbay Consultants, a subsidiary of Tech Mahindra as the highest bidder to acquire a controlling stake in the [...]
America’s Top Paid CEO Earn $104 Million in A year, is an Indian !!
America’s top earning business head, mobile phone maker Motorola’s co-CEO Sanjay Jha, who got a package of $104 million in 2008, happens to be an India-born person.
In comparison, India’s top-paid business chief, Mukesh Ambani of Reliance Industries, got a total remuneration of Rs 44.02 crore in 2007-08
Ambani’s package is just about one-fifth of [...]
ATM Invention, History of ATM In Banking Industry
Forty years ago an ATM was known as a ’mini-bank’, some even dubbed it a ‘robot cashier’ and the British nicknamed it “the hole in the wall”.
Today ATMs are something we just cannot do without. They have changed our approach to banking and made life for all of us a lot easier.
From fewer than 800 [...]
ATM Cash Withdraw From Any Bank is Free Now From Ist April
However, experts say that the direct impact on the revenues would be minimal.Besides, experts feel that smaller banks may be forced to rethink their ATM expansion plans, as the cost of setting up an ATM machine is around Rs 7-8 lakh. These banks may prefer paying the transaction fee than spending on an ATM. Currently, [...]
$6 bn in a Week, Loss To US Listed Indian Companies
Indian companies listed on the American bourses lost nearly six billion dollars in just one week, with the market value of HDFC Bank eroding as much as $1.38 billion, amid worsening financial turmoil and scour corporate news battering world markets.
The 16 Indian firms in the New York Stock Exchange and Nasdaq collectively lost [...]
22 US Banks Bankrupt in One Year, Collapsed List in 2008
Total of 22 American banks have collapsed this year so far, and uncertainty over banking giant Citigroup, struggled this week to save itself from becoming number 23 in this fast growing long list , on Friday, three US banks collapsed with two of them being in California and the third one in Georgia.
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ICICI Bank Q2 Results, Net up 31% at Rs 580 cr
After the Bad Phase and Rumor of ICICI bankruptcy , Country’s top private sector lender ICICI Bank on Monday said its second quarter profit after tax rose to Rs 1,014 crore, up by a modest 1.1 per cent on a year-on- year basis.
The PAT figure for the latest quarter represented a 39 per [...]
