PM inaugurates 750-MW solar power project in MP’s Rewa

The Rs 4,000-crore project has three units of 250 MW each at a solar park spread over 1,500 hectares developed by Rewa Ultra Mega... Read more »

Union Bank of India cuts MCLR by 20bps across tenors

"One year MCLR now stands at 7.40 per cent, down from 7.60 per cent. Revised MCLR will be effective from 11th Jul 2020. This... Read more »

PNB reports Rs 3,688 cr borrowal fraud by DHFL

"A fraud of Rs 3,688.58 crore is being reported by the bank to RBI in the accounts of the company (DHFL). Bank has already... Read more »

Economic road to recovery rocky with steady increase of Covid-19 cases

As per KIE's Covid-19 Tracker, the road to recovery remains rocky with a rise in new Covid cases. Electricity consumption gap remains large for... Read more »

Sterling Biotech: ED questions Ahmed Patel for 4th time

A team of ED officials, including the Investigating Officer and two others, reached Patel's 23, Mother Teresa Crescent residence in central Delhi around 11... Read more »

The Oberoi reopens hotels in Mumbai

Invoices are made available to guests on their personal devices through e-mail along with a digital payment link to minimise contact in the check-out... Read more »

Google Cloud democratising, reinventing Cloud for all in India

The Indian government aims to create world-class desi apps and platforms and Google Cloud is right here to help them on their digital journey... Read more »

Petrol and diesel prices again go a momentary pause

After keeping priced unchanged for previous seven days the oil companies had increased the price of diesel by 25 paisa. A litre in Delhi... Read more »

Yes Bank’s Rs 15K cr further public offering opens on July 15

"In continuation to our letter dated July 7, 2020, we wish to inform you that the bank has filed a red herring prospectus dated... Read more »

Access all Oracle Cloud services on-premises, starting from $500K a month

Called ‘Oracle Dedicated Region Cloud@Customer', the new service brings second-generation cloud services, including Autonomous Database and Oracle Cloud applications, to customer data centres. Read more »

TN CM “Pvt franchisees in power sector will lead to cherry-picking”

In a letter to R.K. Singh, Union Minister of State (Independent Charge) for Power and New and Reweable Energy, Palaniswami said some of the... Read more »

Cabinet okays Rs 12,450 cr recap of 3 PSU general insurance cos

In the last budget on February 1, the government had set aside Rs 6,950 crore for recapitalisation of the three public sector general insurance... Read more »

CAIT plans drive to boycott Chinese goods during festive season

The CAIT, in a message, advised traders to ensure that Indian goods related to each festival be made available in abundance during forthcoming season... Read more »

Wadhwani Foundation pledges Rs 200 crore to help distressed SMEs

Wadhwani Foundation on Wednesday said it is building an ecosystem of partners, including government ministries and agencies, banks, and consulting firms, to help operationalise... Read more »

Amid volatility equity indices shed gains to turn flat

The drop in the Indian stocks from the initial highs comes amidst a mixed trend in the Asian markets. Read more »

Instagram brings TikTok-like short videos to India with ‘Reels’

"With the rise in video consumption overall and videos making up over a third of posts on Instagram in India, Instagram has a big... Read more »

Temporary relief for Zee as HC admits appeal against selling of shares worth Rs 740M

A division bench of the high court presided by Justices Rajiv Sahai Endlaw and Asha Menon admitted the appeal challenging the order passed by... Read more »

SBI reduces MCLR by 5-10 bps in shorter tenors

Following the latest revision, SBI's MCLR up to three months tenor comes down to 6.65 per cent per annum which is on par with... Read more »

Consumers may soon get to chose piped gas suppliers

"We have finalised regulations on allowing competition in CGD areas that will be notified in next seven to 10 days," Petroleum and Natural Gas... Read more »

Maruti Suzuki “No economic logic now for diesel cars”

In an interview with IANS, Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India Limited said that under BS VI, the differential between... Read more »