Business

Canara Bank issues bonds from London branch to raise up to USD 400 million

State owned Canara Bank Friday said it has launched a bond issuance programme through its London branch to raise up to USD 400 million (about Rs 2,750 crore).

"Canara Bank launched an issuance of 5-year senior unsecured bonds (Medium Term Notes) to the extent of USD 400 million under Medium Term Note (MTN) programme, through its London branch on 21st March 2019 value date 28th March 2019,' the bank said in a regulatory filing.

Jet employees' union opposes allocation of slots to other airlines

A Jet Airways employees' union has asked aviation regulator DGCA to stop allocation of the airline's slots to other carriers till the bidding process ...

Sensex crashes over 495 points as crude woes resurface

Market benchmark Sensex Monday nosedived 495 points to end at 38,645 owing to intense sell-offs in energy and financial stocks as investors weighed so...

India must focus towards labour intensive sectors to create jobs: Arvind Panagariya

India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give "serious thought" to privatising the publi...

TCS revamps 1.5 lakh post offices under multi-year deal with India Post

The partnership was aimed at equipping India Post with modern technologies and systems to enable it to offer more services to the customers in an effe...