NEW DELHI: A day after the CBI named banking doyen K V Kamath and virtual who’s who of the sector for questioning in the alleged fraud case against former ICICI Bank CEO Chanda Kochhar, union minister Arun Jaitley Friday advised investigating agency to avoid “adventurism” and concentrate only on the bull’s eye. Jaitley, who is […]
NEW DELHI: The Supreme Court of India on Friday sought RBI’s response on two pleas seeking contempt proceedings against the central bank and its former Governor Urjit Patel for non-disclosure of information under RTI about some banks. A bench headed by Justice L N Rao issued the notice to the Reserve Bank of India (RBI) […]
NEW DELHI: The Competition Commission of India (CCI) has given go-ahead to Mukesh Ambani-led Reliance Industries Ltd (RIL) to acquire majority stakes in DEN Networks and Hathway Cable & Datacom for a total of Rs 5,230 crore. RIL earlier said it will acquire 66 per cent stake in DEN Networks for Rs 2,290 crore and […]
NEW DELHI: Seaplanes will fly on 18 air routes among the 235 routes awarded on Friday under the government’s ambitious regional connectivity scheme that will also connect 16 unserved airports and six water aerodromes. Announcing the awards of the third round of regional air connectivity scheme or UDAN, Civil Aviation Minister Suresh Prabhu said as […]
NEW DELHI: Oil-to-telecom conglomerate Reliance Industries is evolving from an integrated energy company into a consumer giant like China’s Alibaba and potentially could rival likes of Amazon and Walmart, says a report on Thursday. India’s No1 oil refining and petrochemical company plans to roll out its online shopping platform that will combine its retail arm’s […]
NEW DELHI: The government of India will soon announce a package for farmers to boost their income, Minister of State for Agriculture Parshottam Rupala said on Thursday amid speculations that the Centre is considering various measures to address distress in the farm sector. The minister, however, did not clarify whether the relief package would be […]
NEW DELHI: Sebi has ordered release of demat account of Alchemist Infra Realty, the firm allegedly involved in raising over Rs 1,900 crore through unregistered collective investment scheme (CIS). The release order is passed in compliance with the directions passed by Calcutta High Court in December 2018 wherein it had directed to defreeze the demat […]
NEW DELHI: The much-awaited metro rail linking the twin-cities of Noida and Greater Noida in Gautam Buddh Nagar was opened for the public on Friday by Uttar Pradesh Chief Minister Yogi Adityanath. The rail corridor, also known as the Aqua Line, would run between Sector 71 station in Noida and the Depot Station in Greater […]
NEW DELHI: Market regulator Sebi said it has lined up as many as 17 properties of the West Bengal-based MPS Group of companies for an online auction next month at a total reserve price of about Rs 65 crore. This sale is in addition to over 30 properties of the group auctioned in June 2017 […]
NEW DELHI: India’s Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari will inaugurate the newly built, 5.1 km long, four-lane, cable stayed bridge over river Mandovi in Goa on Sunday, the 27th of January. The bridge will support and sustain burgeoning traffic in Panjim. It will facilitate routing […]
By Lalit K Jha WASHINGTON: First Indian-origin Senator Kamala Harris, who recently announced her presidential bid for 2020, has sought an end to the unprecedented government shutdown and asked for earliest reopening of the federal government. The Democratic Party leader from California said that the senate will vote on a clean bill to fund the […]
NEW DELHI: Bharti Airtel Chairman Sunil Bharti Mittal joined hands on Thursday with several other global business leaders to pledge support to a ‘Digital Declaration” at the WEF (World Economic Forum) Annual Meeting here, committing to act ethically and responsibly in the digital age. The declaration was launched by GSMA, an industry body of mobile […]
NEW DELHI: High Street Essentials Pvt Ltd (HSE) announced the launch of their sixth exclusive Indya outlet in New Delhi, India. The overwhelming love and support received by the brand in Delhi, Mumbai, Chennai, Bangalore, Chandigarh and Pune has led to the arrival of the brand’s sixteenth store in V3S Mall Laxmi Nagar, G-25, Ground […]
NEW DELHI: India’s Road Transport & Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari will lay the foundation stone for the development of a six-lane, access controlled corridor from Akshardham in East Delhi to the Eastern Peripheral Expressway junction on Baghpat Road on the 26th of January . The function […]
NEW DELHI: Aviation veteran Ronojoy Dutta has been appointed as Chief Executive Officer (CEO) of IndiGo for a period of five years as it plans a major international expansion this year, the low-cost airline announced Thursday. M Damodaran, former Chairman of Securities Exchange Board of India (SEBI), has been appointed as chairman of the Indigo’s […]
NEW DELHI: PNB Housing Finance on Thursday reported a 32 per cent rise in consolidated net profit at Rs 303 crore in the third quarter ended December 2018. Its net profit was Rs 229.5 crore in the corresponding quarter a year ago, PNB Housing Finance said in a statement. Total income of the housing finance […]
