Banks charged Rs 26 crore for collecting life certificate of retired Coal India employees

CMPFO is in the process of doing away with this costly affair of collecting life certificates through banks after seeding Aadhaar with every Account Number. Read more »

Jet Airways facing acute shortage of pilots?

A number of Jet Airways flights have got delayed in the recent past as the airline has failed to provide pilots due to paucity of the flight crew, they said. Read more »

SBI cuts home loan rate; ICICI offers overdraft

SBI has further slashed interest rates by 0.15 per cent for its home loans up to Rs 75 lakh, while ICICI Bank is offering overdraft facility along with home loan. Read more »

Ajanta Pharma launches BP lowering tablets in US

Ajanta Pharma's Amlodipine + Olmesartan Medoxomil tablets are a generic version of Daiichi Sankyo Inc's Azor tablets​ Read more »

Lanco alleges overpayment of $382 million for Australian mine

When contacted, T Adi Babu, the Chief Operating Officer of Lanco Infratech, refused to comment on the subject saying that it is sub-judice. Read more »

Honda Cars sales decline 23% to 15,567 units in October

HCIL last month sold 535 units of small car Brio, 3,011 units of premium hatchback Jazz, 4,009 units of compact sedan Amaze, 498 units of MPV Mobilio and 6,378 units of mid-sized... Read more »

Parle enters luxury chocolate segment with Friberg brand

The bar format comes in three different Swiss chocolate flavours which include Lait Suisse Chocolat, Noir Suisse Chocolat and Lait Caramel Chocolat. Read more »

Centre favours use of drones to check illegal mining

Most of these state-run companies either are in the mining sector or have captive mines, and drones can help them in checking illegal mining as well as loss of raw material, the... Read more »

After a year of surplus, coal stocks start to show signs of scarcity

For a pit-head power plant, a critical stock position is attained when coal stacked at its yard is adequate only for four days. Read more »

Met all legal norms for Mundra UMPP: Tata Power

The company further said that the Mundra project was approved by the board after considering all business aspects including associated risk. Read more »