Business Corner

Wednesday, 25 Apr 2018 | Pioneer

HAL holds FIRE SERVICE WEEK To inculcate the feeling of Security Awareness & Fire Prevention amongst the cross section of executives and employees, the Security Awareness & Fire Service Week was observed at HAL (Nasik Division) from April 14 to April 20, 2018. Various Events like – Competition for Fire Fighting...

TDSAT stays TRAI’s revised SMP definition, reporting requirement on segmented offers

Wednesday, 25 Apr 2018 | PTI | New Delhi

In a relief to old operators, telecom tribunal TDSAT on Tuesday put an interim stay on reporting requirement of ‘segmented offers’ and the new definition for ascertaining ‘significant market power’ for predatory pricing by Trai. The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) in its interim order today, however, placed a...

Energy stocks fuel market rally; Nifty tops 10,600-mark

Wednesday, 25 Apr 2018 | PNS | Mumbai

Benchmarks closed higher for the second straight day on Tuesday, propelled by a burst of buying in energy stocks even as crude oil prices soared to over three-year highs. Reliance Industries was the top gainer in the Sensex pack, surging 3.70 per cent, while the BSE Energy index outperformed all other...

TCS first Indian company to touch $100-bn in market cap

Tuesday, 24 Apr 2018 | PNS | New Delhi

With the robust quarterly earnings, IT bellwether Tata Consultancy Services (TCS) created history on Monday by emerging as the first Indian listed technology firm to cross the $100-billion mark in terms of market capitalisation (m-cap). TCS also beat US-listed rival Accenture's market capitalisation of $98 billion and placed itself with $101...

‘TCS keen to join hands with Govt for emergency services to accident victims'

Tuesday, 24 Apr 2018 | PNS | New Delhi

Tata Group arm TCS is keen to join hands with the Government in an initiative to harvest organs from road crash victims as well as facilitate emergency services for the injured using helicopters, Union Minister Nitin Gadkari said on Monday. Battling high incidence of road crashes in India, the Government is...

Consider Liberty House bid: NCLT to Bhushan Steel

Tuesday, 24 Apr 2018 | PNS | New Delhi

The National Company Law Tribunal (NCLT) on Monday asked the lenders of Bhushan Power & Steel, led by PNB, to consider the bid submitted by UK-based Liberty House for the debt-ridden company. Allowing the plea of Liberty House, the tribunal has directed the committee of creditors (CoC) to complete its resolution proceedings...

NCLAT adjourns hearing on Reliance Infratel asset sale to May 2

Tuesday, 24 Apr 2018 | PNS | New Delhi

The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned to May 2 its hearing on the Reliance Infratel petition seeking permission to sell its tower and fibre assets. Counsel appearing in the matter sought the adjournment following which a NCLAT bench headed by Justice SJ Mukhopadhaya directed it to...

Tata Sons appoints ex-foreign secy Jaishankar as global corp affairs head

Tuesday, 24 Apr 2018 | PTI | New Delhi

Tata Group on Monday announced the appointment of former Indian foreign secretary S Jaishankar as its president, Global Corporate Affairs, within three months of his retirement from Government service. "In his new role, he will be responsible for the Tata group's global corporate affairs and international strategy development and Tata Sons'...

Business Corner

Tuesday, 24 Apr 2018 | Agencies

Dr Sarat Kumar, CMD NLC India conferred with Seva Rathna Award Dr Sarat Kumar Acharya ,CMD NLC India Ltd. has been conferred with the ‘Seva Rathna Award’ jointly instituted by the Mylai Thiruvalluvar Tamil Sangam(MTS), Nehru Yuvakendra,GOI, Bharatiya Vidya Bhavan and Sri Sairam Institutions, Chennai in recognition of significant...

Infra lending may take a back seat as RBI refuses to budge on new NPA rules

Tuesday, 24 Apr 2018 | PTI | Mumbai

With the Reserve Bank giving no relaxation to its February 12 framework on resolution of stressed assets, banks are likely to become more cautious and risk-averse to long-term funding, especially to the infrastructure sector, say lenders. On February 12, the central bank had come out with revised framework for resolution of...


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Quake measuring 3.7 on Richter scale felt in south Gujarat

22 Apr 2018 | PTI | Ahmedabad

A mild tremor measuring 3.7 on the Richter scale was felt in parts of south Gujarat, including Bharuch and Surat districts, though no damage was reported, officials said...

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Shelter homes for passengers soon at Khadgada terminal

26 Apr 2018 | ADREESH BHATTACHARYA | Ranchi

The Birsa Munda Bus Terminal at Khadgada from which numerous long route buses, including daily services to Delhi, Bhubaneshwar and Kolkata, operate will soon get shelter homes for the ease of passengers boarding and getting off in the wee hours. The Ranchi Municipal Corporation (RMC) has elaborate plans to make the inter-state bus terminal even more passengers centric so that this state of the art bus terminal can operate on...

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