Digital financing literacy training workshop hosted

Digital financing literacy training workshop hosted

Tuesday, 12 March 2019 | PNS | New Delhi

As part of a joint initiative undertaken by Satya MicroCapital, an Indian MFI company, and Sa-Dhan (Self-Regulatory Organisation), supported by HSBC, the Digital Financing Literacy Training was hosted. Multiple workshops were held across five locations, namely Sangrur, Dhuri, Bhawanigarh Mandi, Sunam Mandi and Chintawala regions of Punjab, and attended by...

NCLAT pulls up RCom lenders over Rs 37,000 cr asset sale 'golden outlook'

NCLAT pulls up RCom lenders over Rs 37,000 cr asset sale 'golden outlook'

Monday, 11 March 2019 | PTI | New Delhi

The National Company Law Appellate Tribunal (NCLAT) Monday pulled up SBI, the lead lender of debt-ridden Reliance Communications, along with others for giving a 'false impression' to monetise Rs 37,000 crore from asset sales of the telecom company to Reliance Jio. A two-member bench headed by Chairman Justice S J Mukhopadhaya...

DGCA to conduct safety assessment of B737 MAX planes operational in India: Prabhu

DGCA to conduct safety assessment of B737 MAX planes operational in India: Prabhu

Monday, 11 March 2019 | PTI | New Delhi

Civil Aviation Minister Suresh Prabhu has asked aviation watchdog DGCA to undertake safety assessment of Boeing 737 MAX planes operated by domestic airlines. Besides, the regulator is undertaking a detailed technical evaluation and consulting with safety regulators around the world. The latest moves come a day after a 737 MAX aircraft, operated...

Tata Motors bags orders for over 2,500 CVs

Tata Motors bags orders for over 2,500 CVs

Monday, 11 March 2019 | PTI | New Delhi

Tata Motors Monday said it has bagged orders for over 2,500 commercial passenger transportation vehicles (CVs) from various institutional customers and it is in the process of delivering these units. The company has bagged order for 1,045 buses from Gujarat State Roadways Transport Corporation (GSRTC) and 1,000 Winger ambulances from National...

Jet Airways shares jump over 4 pc

Jet Airways shares jump over 4 pc

Monday, 11 March 2019 | PTI | New Delhi

Shares of Jet Airways gained over 4 per cent Monday amid reports that the cash-strapped airline has secured a loan worth over Rs 2,000 crore from Punjab National Bank (PNB). Intra-day, the stock rose 4.68 per cent to a high of Rs 254.50 on BSE. Similarly, on NSE, the scrip rose to...

Govt seeks Saudi investment in strategic oil storage

Govt seeks Saudi investment in strategic oil storage

Monday, 11 March 2019 | PTI | New Delhi

India has invited Saudi Arabia to invest in its strategic oil storage even as it looks to resurrect a $44 billion (Rs3.08 lakh crore) refinery project with the world’s largest oil producer after the BJP-ruled Maharashtra government denied land at the initial site. Saudi Oil Minister Khalid Al Falih, on his...

Need lower higher outlays on health, education: CII

Monday, 11 March 2019 | IANS | New Delhi

nMaking suggestions for drawing up election manifestoes for the upcoming polls, industry chamber CII on Sunday said the next government should lower the corporate tax to 18 per cent and increase the public expenditure on healthcare and education. A statement by the Confederation of Indian Industry (CII) said their “suggested election...

EPF transfer on job change to become automated from next fiscal

Monday, 11 March 2019 | PTI | New Delhi

Subscribers of retirement fund body EPFO would not require to file employee provident fund (EPF) transfer claims on changing jobs from the next fiscal as the process would be made automated, according to a labour ministry official. At present, the subscribers of the Employees Provident Fund Organisation (EPFO) are required...