Briefly Business: Govt extends term of Walmart probe panel till May

The Centre-appointed panel,which is looking into Walmart’s lobbying with US lawmakers for facilitating India entry,has got a 1-month extension in its tenure till May-end

Published: April 19, 2013 1:33 am

Govt extends term of Walmart probe panel till May

New Delhi: The Centre-appointed panel,which is looking into Walmart’s lobbying with US lawmakers for facilitating India entry,has got a 1-month extension in its tenure till May-end. PTI

‘RBI audit report finds aberrations in 3 banks’

Mumbai: An RBI audit report has found certain “aberrations” at ICICI Bank,HDFC Bank and Axis Bank,which were accused of money-laundering by an online portal,but no risk of systemic failure was discovered,banking secretary Rajiv Takru said. PTI

‘Quantitative controls effective in short term’

New Delhi: Quantitative capital controls have been more effective for India in the short term but such limits can also be distorting,inefficient and inequitable,RBI Governor D Subbarao said. Reuters

Anandan takes over as IAMAI chairman

New Delhi: Google India MD Rajan Anandan is the new chairman of Internet and Mobile Association of India. He would be taking over from InfoEdge chief Hitesh Oberoi. ENS

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