Tag archive for ‘Says’
By Loknath Das On Saturday, June 17th, 2017

Donald Trump Owes $ 315 Million to Multiple Lenders, Says Ethics Office

  Washington: President Donald Trump had personal liabilities of at least $315.6 million to German, US and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday More...

By Loknath Das On Saturday, June 10th, 2017

SBI says won’t need govt funds for 2 years after Rs15,000 crore QIP

SBI chief Arundhati Bhattacharya says in 2017-18 the bank will be focusing on listing its life insurance arm. Photo: S. Kumar/Mint Mumbai: State Bank of India (SBI) on Friday said it will not require any capital More...

By Loknath Das On Thursday, June 8th, 2017

State Bank of India $2.3 billion share sale probably to qualified investors, Bhattacharya says

The State Bank of India expects to complete a planned share sale by year-end, probably through a qualified institutional placement (QIP), bank Chairman Arundhati Bhattacharya said on Friday. SBI, India’s biggest More...

By Loknath Das On Friday, June 2nd, 2017

SBI Chief Says Essar-Rosneft Deal To Close In June

St Petersburg, Russia: A $13 billion takeover by Russian oil major Rosneft of India’s Essar Oil should close this month after delays caused by debts to Indian lenders, the head of State Bank of India (SBI) More...

By Loknath Das On Wednesday, May 31st, 2017

Now Link Aadhaar With PAN Using SMS, Says Income Tax Department

New Delhi: The Income Tax Department today urged taxpayers to link their Aadhaar with their PAN, using an SMS-based facility. The department issued advertisements in leading national dailies and described how both More...

By Loknath Das On Friday, May 19th, 2017

GDP Numbers Likely To Be Revised Higher, Says Nomura

New Delhi: The new series for industrial production and wholesale prices suggest that the GDP numbers for financial year 2016-17 could be revised up from 6.7 per cent to 7.4 per cent, says a Nomura report. The More...

By Loknath Das On Wednesday, May 17th, 2017

Time Of Reckoning For Those Who Evade Tax, Says Arun Jaitley

New Delhi: Finance Minister Arun Jaitley on Tuesday said post-demonetisation cash transaction through tax-evaded money is no longer easy, as detection has become very efficient, thanks to digitisation. “After More...

By subhadip On Friday, February 3rd, 2017

Apple to start making iPhones in India, says state government

Apple is to start making iPhones in the southern Indian state of Karnataka, the state’s government has said. Ministers said Apple would start an initial manufacturing operation in the state, whose capital More...

By subhadip On Thursday, January 19th, 2017

London will remain ‘financial lungs’ of Europe, says Jes Staley

London can breathe easy – it will continue to be the financial lungs of Europe, according to Barclays chief executive Jes Staley. While he admits the bank may have to move some activities to bases in Dublin More...

By subhadip On Thursday, January 19th, 2017

Blockchain can help investment banks save $8bn per year, Accenture says

Accenture and operations benchmarking consultancy firm McLagan evaluate the applications of distributed ledger technology (DLT) in investment banking operations in the “Banking on Blockchain” report. For the More...