Finance News

South Indian Bank aims Rs 230 cr net profit this fiscal
Thrissur-based South Indian Bank is aiming for a net profit of Rs 230 crore by the end of this financial year, by systematically repricing deposits and increasing fee-based income. More »
ICICI Bk CEO: To Soon Name Partner For Point-Of-Sale Business
MUMBAI (Dow Jones)--India's ICICI Bank Ltd. (532174.BY) is close to finalizing a partner for its point-of-sale terminal business, Chief Executive Chanda Kochhar said Friday. "We are coming close to finalization (of the partner) anMore »
Emerging market recovery to be weak: World Bank
LONDON (Reuters) � The recovery in emerging markets is likely to be weak and growth will remain limited, a senior World Bank official said on Thursday.More »
Oracle software sales miss target
BOSTON/SAN FRANCISCO (Reuters) � Oracle Corp's (ORCL.O) quarterly software sales came in shMore »
Stock futures point to slightly higher open
More »
Retailer Kingfisher's first-half profits jump
LONDON (AFP) � Kingfisher, the biggest home-improvements retailer in More »
Oil hovers near $72.50 after 5 percent rise
LONDON (Reuters) � Oil prices hovered around $72.50 a barrel on Thursday after rising more tMore »
RBI asks banks to be proactive in monitoring frauds
MUMBAI: Expressing concern over increasing incidence of frauds in banks, particularly in housing and More »
China to see double-digit growth in Q4: Analyst
SHANGHAI: China's economy may regain double-digit annual growth in the fourth quarter of this year, potentially bringing tightening closer to the horizon, a senior government economist said on Thursday. Economic daMore »
Arcelormittal sees China steel drop as temporary
LONDON: Arcelormittal, the world's top steelmaker, said on Wednesday the recent drop in Chinese steel prices would prove temporary as the real economy in the world's top steel consumer remained strong. &nMore »