Mumbai: The National Stock Exchange of India Ltd (NSE) informed shareholders that it has submitted a proposal to the capital markets regulator on restructuring its business to comply with listing norms for exchanges.

Mumbai: The National Stock Exchange of India Ltd (NSE) informed shareholders that it has submitted a proposal to the capital markets regulator on restructuring its business to comply with listing norms for exchanges.

"Suzuki Motor Co. will celebrate its centenary in 2020 and from now till then we will launch 20 all new products of which a majority will be produced in India," so said Toshihiro Suzuki, President of Suzuki Motor Co. while speaking to a select group of Indian journalists on the sidelines of the Frankfurt Motor Show.

Kicking off this 20-model onslaught at Frankfurt was the all-new Baleno, totally made in India for the domestic as well as the global markets.

State Bank of India (SBI) on Friday said that there is a space for rate cut by the Reserve Bank of India (RBI) at its next policy later in the month as the possibility of food prices going up in coming months is negligible.

"I do still believe that there is a space for rate cut in India. How much is difficult to state at this point of time," SBI chairperson Arundhati Bhattacharya said on the sidelines of an investor conference here.

Batting strongly for Aadhaar cards, RBI Governor Raghuram Rajan today sought greater clarity on the apex court ruling on the matter, saying its usage can help a deserving person get credit, avoid overborrowing by individuals and plug leakages.

"We need greater clarity on the matter, especially after the recent Supreme Court ruling which says having Aadhaar card is not mandatory for availing of benefits," Rajan said, stressing that the apex court is not intending to stand in the way of voluntary usage of the cards.

HDFC Bank, country's second largest private sector lender, is gearing up to disburse loans in nano-seconds. These loans will be offered as a top up on the existing car/two wheeler loans and will be available only for the bank customers.

"The nano second loan will be quick money for the customer. If you have a car financed by us then you get an offer from us which will flash on your cell phone also. You can log in via internet banking or mobile banking. It is a pre-populated application form so you just need to click on yes at about five places and the loan will be disbursed in nano-seconds," said a bank source who is directly involved in the process.

Calcutta, Sept 18 (PTI): The West Bengal government on Friday declassified 64 files relating to Netaji Subhas Chandra Bose that had been in the records of the state and city police, with Chief Minister Mamata Banerjee urging the Union government to release the files in its possession.

The 64 files containing 12,744 pages were declassified in the presence of his family members, who have been demanding that information on Netaji, kept confidential till now, should be made public.

Mumbai: Hindustan Petroleum Corp, India’s third-largest state-owned refiner, plans to spend as much as $300 million for a stake in an active oil and gas field through a unit, a company official said.

The unit, Prize Petroleum Co., which focuses on the upstream oil business, is considering a minority stake in Russian or Nigerian assets, said the official, who asked not to be identified because the information is confidential.

To ensure more transparency, Sebi asked listed companies to inform stock exchanges at least two working days in advance about board meetings on proposals related to buyback of securities, voluntary delisting and fund raising.

The move is aimed at bringing in greater transparency in the business affairs of the listed firms.

The benchmark Sensex surges 338.68 points to 26,305.84 points in the early morning trade on Thursday. Nifty breaches the crucial 8,000-mark, up 105.2 points to 8,004.35 points.

The rise came on the back of increased selling of dollar by exporters and banks, which resulted after Federal Federal Reserve decided against increasing interest rates.

Tata Motors stock fell over 2% in the intraday trade on Friday. At 1025 hours, the shares of the firm were at Rs 330.25, down 2.26% from its previous close.

On Friday Morning, Tata Steel, the parent company of Tata Motors, has decided to sell shares of the automaker worth up to $188 million, according to a Reuters report.

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