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Doha Bank launches India Operations

Doha Bank, one of the largest commercial banks in the State of Qatar, started its India operations recently in the Financial Capital of India – Mumbai. Doha Bank is the first Qatari Bank to establish its full scale banking operations in India. Doha Bank was represented by H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman, H.E. Sheikh Abdul ... Read More »

Nokia Corporation: Interim Report for Q1 2015

Strong year-on-year sales growth; Weak Nokia Networks profitability compensated by good performance in Nokia Technologies and HERE This is a summary of the Nokia Corporation interim report for first quarter 2015 published today. The complete first quarter 2015 interim report with tables is available at http://company.nokia.com/en/financials. Investors should not rely on summaries of our interim reports only, but should review the ... Read More »

TRIPLE BOTTOM LINE AND ITS SIGNIFICANCE

The triple bottom line refers to an extension of the criteria used to measure organisational success. Traditionally, business success (or failure) is measured in terms of its economic performance. A business is considered to be successful if it has generated a sufficient financial return from its investments, financing activities and operating activities. The triple bottom line takes into account three ... Read More »

Indiabulls Housing Finance Ltd. reduces its home loan rate by 20 bps to 9.90%

–          Tenure up to 30 years –          Applicable for salaried & Self Employed Mumbai, April 14, 2015:  Indiabulls Housing Finance Ltd (IBHFL), country’s second largest private housing finance company has reduced the interest rates of their home loans to 9.90%, a reduction of 20 basis points from its existing rate of 10.10%. The reduced rates will be applicable from 14th April’ 2015 onwards.  Mr. ... Read More »

Fueling Innovations for the Next Billion

Shri Nitin Gadkari, Shri Harsh Vardhan, Shri Rajeev Pratap Rudy and other key ministerial dignitaries, join India Inc’s Naina Lal Kidwai, Harsh Mariwala, Harpal Singh among many others for the 7th edition of the Global Sankalp Summit April 9-10, 2015, Vigyan Bhawan, New Delhi  8 April, 2015: Sankalp Forum, an Intellecap initiative, plans to bring together over 1,000 delegates from across the ... Read More »

Monthly update from Royal Enfield – March 2015

Sales performance  Royal Enfield continues 2015 with a strong sales performance and posted sales of 33,679 units in combined domestic wholesale and exports in March2015,recording agrowth of 42% over same period last year. Vehicle sales MARCH’15 YTD-MARCH’15 2015 2014 Growth 2015 2014 Growth DOMESTIC 32,854 23,170 42% 90502 62818 44% EXPORTS 825 523 58% 1973 1450 36% TOTAL BUSINESS 33,679 23,693 42% 92475 ... Read More »

Volkswagen sales up 22% in March 2015

–          At 4,577 units, Volkswagen India’s sales in March 2015 are up 22% as compared to March 2014 Mumbai, April 03, 2015: Volkswagen, Europe’s largest carmaker, has announced a 22% increase in sales in March 2015, at 4,577 units. The Volkswagen Polo, which comes fitted with dual front airbags on all variants and is one of the safest hatchbacks in the India, ... Read More »

CREDAI chief hails rate cut

 India, March 4, 2015: Describing the RBI’s announcement of repo rate cut by 25 basis points as “an excellent move”, realtors apex bodyCREDAI Chairman Mr. Lalit Kumar Jain said, this should help the industry and business in general to tackle liquidity crisis. In fact, there is further scope to ease the credit policy, said Mr. Jain, who is also the CMD of ... Read More »

Quote on RBI repo rate cut – Mr. Gagan Banga, Indiabulls Housing Finance Ltd.

Mr. Gagan Banga – Vice Chairman & MD, Indiabulls Housing Finance Limitedcommented on the RBI repo rate cut this morning, as below; “RBI repo cut is clearly a thumbs up for the path of fiscal consolidation which the government has chosen to follow. With inflation targeting mandate for RBI , now getting formalized, the repo cut is a clear statement ... Read More »

Fiscal deficit target of 3.9% by FY16

Fiscal Arithmetic for FY16 The government has recalibrated its medium term fiscal deficit target in view of higher devolution to states as well as to provide for higher allocation to public investment to uplift the domestic growth. The new framework slates achieving a fiscal deficit target of 3.9% by FY16, 3.5% by FY17 and 3.0% by FY18. Moreover, it should ... Read More »

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