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Riding up the sweepstakes
Union Bank is on a restructuring drive to become the country’s top nationalised bank.

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Usage of IPO proceeds not monitored by Sebi: Govt
The government today said market regulator Sebi does not monitor usage of proceeds of any initial public offers (IPOs) and it is not contemplating any change in the current regulatory framework.

News of the day

Textiles Ministry demands change in Drugs and Cosmetics Act
The Textiles Ministry is pushing for amendments in the Drugs and Cosmetics Act to ensure that quality standards are set for new medical textiles used in products like baby diapers, contact lenses and surgical gloves to promote their sales.
Small Business

Hero Honda appoints Anand Burman as non-executive director

Hero Honda has appointed Anand Burman, chairman, Dabur, as non-executive and independent director, the company said in a statement to the stock exchanges. This is with effect from January 13.


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