LIC offers Rs 1.25 lakh cr line of credit by 2024 to fund highway projects: Gadkari
As part of innovative modes of financing to meet India's huge infrastructure appetite, insurance giant LIC has agreed to offer Rs 1.25 lakh crore line of credit by 2024, to fund highway projects, Union Minister Nitin Gadkari said. Keen on timely execution of the Rs 8.41 lakh crore ambitious Bharatmala project...
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FPIs withdraw Rs 7,712 cr from stocks in July so far
21 July 2019 | PTI -
China seeks India's help in fighting protectionism
21 July 2019 | PTI -
Audit flags ‘favours, pressure, threats' among tactics used for good ratings’
21 July 2019 | PTI -
India Ratings defends rating process, says Fitch Singapore executive no longer employed
21 July 2019 | PTI -
Business Corner
21 July 2019 | PNS -
Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in row
21 July 2019 | PTI -
IndiGo to seek shareholders' nod for board expansion
21 July 2019 | PTI
No blanket crypto trading ban yet in India
Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the Government has clarified. Responding to questions in the Rajya Sabha on whether the Government has prohibited cryptocurrency in the country, Minister of State for Finance...
Jet Airways RP invites expressions of interest by August 3
The resolution professional (RP) of Jet Airways Saturday called for expressions of interest (EoIs) to sell the grounded airline's meager assets by August 3. In an advertisement posted on the airline's website and in newspapers, the RP, Ashish Chhawchharia, appointed by Jet Airways' lenders, has set a deadline of August 3...
China asks New Delhi to joint fight against unilateralism, protectionism amid trade war with US
China has said it values India's concerns on the bilateral trade imbalance and is willing to discuss new approaches to address the issue and asked New Delhi to join Beijing in its fight against "unilateralism and protectionism" amidst a bruising trade war with the US. India for long has been pressing...
Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a row
Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot. Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum. This is at...
IL&FS bribed Real Madrid tickets for high ratings
From tickets for a Real Madrid football match and hefty discounts on a luxurious villa to a Fitbit watch and shirts, a probe into the high-profile IL&FS scam has found numerous cases of favours and gifts extended by the erstwhile top management to senior officials of rating agencies and their...
NSPCL orgnises operation & maintenance meet
The 7th NSPCL Operation & Maintenance Meet was held on 13th July 2019 at Bhilai Niwas. The theme for this year was O&M Challenges for Reliable Operation of Old Thermal Power Plants. Professional from across the power sector like NTPC, DVC, CESC Ltd, ACB India Group, BALCO etc. and all...
Rural telephone subscribers fall in May, urban user base rises: Trai
The number of telephone subscribers in rural areas fell 0.86 per cent while those in the urban areas rose 0.57 per cent in May 2019, according to official data. The overall teledensity in the country slipped to 89.92 per cent at the end of May 2019 from 90.05 per cent at...
