Domestic pharma players eye Bharat Serums acquisition

The two funds together hold a 23% stake and the remainder is with the Daftary family. Read more »

Government unlikely to invoke section 7 to direct RBI on power companies

Policymakers not keen on setting a precedent on use of the Section of RBI Act on such an issue. Read more »

Bharti Airtel shareholders approve merger proposal with Tata Teleservices

The filing detailed out the "voting results of the meeting of equity shareholders of Bharti Airtel" convened on August 28 as per the directions of the Principal Bench of the NCLT in... Read more »

Jet Airways to start 28 new flights next month

In a release today, the airline said it would commence flight operations between Chandigarh and Lucknow, Ahmedabad and Jodhpur as well as Vadodara and Jaipur. Read more »

Indian Oil earmarks Rs 22,000-crore capex for FY19

Sanjiv Singh, the chairman of the nation's largest oil marketing company, said the board has approved a capex plan of Rs 22,000 crore for FY19, of which around Rs 6,000 crore will... Read more »

JLR India registers 83% growth in 2017-18: MD

We grew 83 per cent in the domestic market and over 50 per cent in Rajasthan during 2017-18, Rohit Suri, president and MD of JLR India, said while launching a new retail... Read more »

Air India to connect Mumbai with New York, resume Frankfurt services

The winter schedule of airlines in the country starts from the last Sunday of October and remains in force till the last week of March, after which, the summer schedule comes into... Read more »

India Post Payments Bank to be launched in Telangana on September 1

The nationwide launch would take place in 650 branches and 3,250 access points on September 1. Prime Minister Narendra Modi would launch IPPB in Delhi. Read more »

Petrol, diesel at new high; government hopes it is temporary

In Delhi, where the fuel is cheapest in all metros and most state capitals due to lower sales tax or VAT, a litre of petrol now comes for Rs 78.18 as against... Read more »

Air India disinvestment will not happen in near future: Government official tells parliamentary panel

A Turnaround Plan (TAP) as well as a Financial Restructuring Plan (FRP) were approved for Air India by the previous UPA regime in 2012. Read more »
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