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  • Eurozone urges Tsipras to restart bailout talks as Greek banks remain shut

    Financial Services Industry News.Net

    ATHENS/BRUSSELS The European Central Bank turned down a request from Greece to provide more emergency funding for its banks even as France and Germany urged Greece to come up with "serious" ...

  • Greece has Not Asked Russia for Financial Help says Russian Minister

    Financial Services Industry News.Net

    MOSCOW - Athens has not asked Moscow for financial help though the two have discussed joint investments, Russian Economy Minister Alexei Ulyukayev said on Tuesday. "Greece has not asked for any ...

  • Greek Finance Minister Resigns Following No Vote

    Financial Services Industry News.Net

    Greek Finance Minister Yanis Varoufakis resigned Monday, a day after Greek voters overwhelmingly rejected a demand by the country's lenders to impose more austerity measures on the country in ...

  • Rajasthan approves seven investment projects

    Financial Services Industry News.Net

    The Rajasthan government on Tuesday approved setting up of seven investment projects worth nearly Rs.4,000 crore. This was decided at a cabinet meeting chaired by Chief Minister Vasundhara Raje ...

  • Five agreements inked between Indian Kazakh biz firms

    Financial Services Industry News.Net

    Five agreements, including a MoU in the railway sector between a Kazakh company and SEZ Adani Ports, were inked during the India-Kazakhstan Business Forum, which was addressed by Prime Minister ...

  • Music streaming service provider Saavn raises $100 mn

    Financial Services Industry News.Net

    Saavn, one of India's early music streaming service providing companies, on Tuesday said that Tiger Global Management is investing $100 million into the company as a part of its Series C funding. ...

  • Indian American gets six years jail for ponzi scheme

    Financial Services Industry News.Net

    A US court has sentenced the former Indian American head of a Chicago investment firm to six years in prison for stealing more than $9 million in a ponzi scheme, a media report said Tuesday. "I'm a ...

  • 175000 MW renewable power by 2022 a mission Goyal

    Financial Services Industry News.Net

    Power and New and Renewable Energy Minister Piyush Goyal on Tuesday said that the target of generating 175,000 MW of renewable energy by 2022 should be taken up as a mission. He was speaking at the ...

  • BRICS central banks sign operating agreement on currency reserve pool

    Financial Services Industry News.Net

    The chiefs of BRICS central banks have signed an operating agreement on the currency reserve pool, Russia's central bank said on Tuesday. The BRICS member-countries are Brazil, Russia, India, China ...

  • Three Indians held in Nepal for false quake help

    Financial Services Industry News.Net

    Nepal Police on Tuesday arrested three Indian nationals allegedly involved in defrauding the public with fake promises of help to earthquake survivors from Rautahat district of southern Nepal. The ...

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  • Financial bungling in Vyapam pre-dates Shivraj reveals RTI

    Financial Services Industry News.Net

    An RTI reply reveals that financial irregularities in the Madhya Pradesh professional examination board, better known as Vyapam, pre-date the Shivraj Singh Chouhan government in the state. In fact, ...

  • Eurogroup meeting kicks off with pressure on Greek proposals

    Financial Services Industry News.Net

    The finance ministers of eurozone countries gathered here on Tuesday seeking to fix the Greek debt crisis after Greeks voted "No" to the creditors' bailout offer in a referendum on Sunday. Eurogroup ...

  • Greek proposals need to be credible Eurogroup head

    Financial Services Industry News.Net

    Eurogroup President Jeroen Dijsselbloem on Tuesday said Greek proposals need to be "credible" to seek a way out after Greeks on Sunday voted "No" to the creditors' bailout offer. Dijsselbloem made ...

  • Scores of Indian corporations investing in Ireland

    Financial Services Industry News.Net

    With an open, globalised economy and only 12.5 percent corporate tax, Ireland is looking at investments from India, especially in hi-tech areas, both for the domestic market and as a gateway to ...

  • Greek banks closed till Wednesday

    Financial Services Industry News.Net

    The Greek government extended the week-long bank holiday that started on June 29 till Wednesday, while its latest proposal for a debt deal was to be presented to an emergency Eurogroup meeting on ...

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