ED attaches properties worth Rs 21 cr in NH-74 case

New Delhi, Nov 19 (IANS) The Enforcement Directorate (ED) on Tuesday said that it has attached properties to the tune of Rs 21.96 crore belonging to a Special Land Acquisition officer and... Read more »

Scrap deposit insurance: AIBEA tells FM

Chennai, Nov 19 (IANS) Even as the government is mulling increasing the insurance cover for bank deposits, the All India Bank Employees’ Association (AIBEA) has demanded scrapping of such insurance cover for... Read more »

NBFCs can go for insolvency resolution post MCA notification

New Delhi, Nov 19 (IANS) The Reserve Bank can now direct resolution of non-banking financial companies (NBFCs) for with assets worth at least Rs 500 crore under the insolvency law to help... Read more »

Saudi Aramco still undecided on BPCL stake purchase

By Subhash Narayan New Delhi, Nov 19 (IANS) World’s largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum... Read more »

Anand Bhawan gets Rs 4.35 crore tax notice

Prayagraj, Nov 19 (IANS) The iconic Anand Bhawan, Swaraj Bhawan and Jawahar Planetarium in Prayagraj, have been served a notice of Rs 4.35 crore as house tax by the Prayagraj Municipal Corporation... Read more »

To the brink & back: Vodafone-Idea stocks jump 25%

Mumbai, Nov 18 (IANS) Vodafone-Idea Ltd (VIL), on Monday which had hinted at not being able to remain as a going concern if relief does not come for the sector, advanced nearly... Read more »

FM “India still projected as fastest growing economy”

New Delhi, Nov 18 (IANS) Finance Minister Nirmala Sitharaman on Monday said in the Lok Sabha that growth has decelerated, but there is no slump and India is still projected to be... Read more »

Xiaomi “99% of our phones sold in India made in the country”

By Gokul BhagabatiĀ  Sri City (Andhra Pradesh), Nov 18 (IANS) Almost all of the phones that Chinese smartphone maker Xiaomi sells in India are made in the country, a top company executive... Read more »

Auditors raise doubts over NDTV’s ability to continue as going concern

New Delhi, Nov 18 (IANS) NDTV’s auditors are of the view that there is a significant doubt on the ability of the company to continue as a going concern. The report was... Read more »

Social investment by mining cos dates back to pre DMF era

New Delhi, Nov 15 (IANS) The legacy in mining companies is still surviving no matter how much social and economic development mining companies in India bring. Mining is perhaps one of the... Read more »

China lifts nearly 5-year ban on US poultry import

Beijing, Nov 15 (IANS) China has lifted import restrictions on poultry products from the US after nearly five years, the General Administration of Customs and the Ministry of Agriculture said on Friday.... Read more »

70% of mining welfare funds DMF unutilized

New Delhi, Nov 15 (IANS) Federation of Indian Mineral Industries (FIMI), an apex body of mining companies in India have said that not even 30 per cent of the District Mineral Foundation... Read more »

Quora appoints Gurmit Singh as India GM to boost presence

New Delhi, Nov 15 (IANS) Leading knowledge sharing platform Quora on Friday announced it has hired Gurmit Singh as its India GM to lead business growth in the market which has over... Read more »

SBI, PNB, IDBI set for recovery from bankrupt Essar Steel

New Delhi, Nov 15 (IANS) The big win for lenders of bankrupt Essar Steel following the Supreme Court order on Friday has opened the doors for state-run banks like SBI, PNB, and... Read more »

India’s Oct wholesale price inflation eases to 0.16%

New Delhi, Nov 14 (IANS) India’s annual rate of inflation based on wholesale prices eased to 0.16 per cent in October from 0.33 per cent in September, official data showed on Thursday.... Read more »

Ousted CG Power CFO claims ‘loopholes’ in Vaish report

New Delhi, Nov 14 (IANS) In a scathing rebuttal to the Vaish report which suggested a fraud by former CG Power and Industrial Solutions executives, including its erstwhile Chairman Gautam Thapar, V.R.... Read more »

Govt initiates safeguard probe in SMOF imports

New Delhi, Nov 14 (IANS) The Directorate General of Trade Remedies under the Commerce Ministry has initiated a safeguard investigation concerning imports of “Single Mode Optical Fibre” into India. The investigation was... Read more »

Mindtree sale brews Coffee Day net in Q1

Bengaluru, Nov 14 (IANS) Coffee Day Enterprise Ltd (CDEL) on Wednesday reported Rs 1,509 crore net profit for the first quarter (Q1) of fiscal 2019-20, on the back of Rs 1,659 crore-gain... Read more »

Vodafone Idea crashes 20%, Bharti Airtel down 5%

Mumbai, Nov 14 (IANS) Vodafone Idea on Thursday lost over 20 per cent during the early trade on Thursday on reports that the Department of Telecommunications asked the telecom firms to pay... Read more »

Modi “BRICS nations accelerated economic growth”

Brasilia, Nov 14 (IANS) Prime Minister Narendra Modi on Thursday said that despite the global economic recession, the BRICS countries — Brazil, Russia, India, China and South Africa — contributed to economic... Read more »