Piyush Goyal says no value in splitting Coal India

Reuters reported on Wednesday that according to a presentation by senior government officials, a proposal has been mooted to break up of the country's Coal India monopoly into seven different companies. Read more »

SBI in final stages of divesting stake in SBI Life

SBI said it would sell up to 5% of its stake and is in talks with global sovereign wealth funds and strategic investors. Read more »

Indian sportswomen pip netas, Bollywood stars on web search: Yahoo

Even cricketers Sachin Tendulkar, M S Dhoni and Virat Kohli play second fiddle to Olympians P V Sindhu and Dipa Karmakar Read more »

Expect challenging times ahead for India steel players: ICRA

Domestic steel demand remained largely stagnant in Q1 2016-17, with consumption growing by just 0.4 per cent year-on-year (y-o-y) during this period, ICRA said. Read more »

Fertiliser Ministry seeks funds for setting up 11 new CIPET centres

The Centre has approved setting of up of 11 new centres including an Advanced Polymer Design and Development Research Laboratory of CIPET, Minister of State for Fertilisers Mansuk L Mandaviya said. Read more »

Dena Bank reduces MCLR by 10 bps to 9.30% for 1-yr tenor

The interest on loans for three months period has been fixed at 9.20 per cent while for six months period the rate has been fixed at 9.25. Read more »

MasterCard, Visa and RuPay to take Rs 1,000-crore revenue hit as they help push digital payments

This loss is because the merchant discount rate (MDR) on the usage of debit cards at PoS (point of sale) transactions has been waived till December 31. Read more »

Airtel Payments Bank offers talktime with new savings accounts

This benefit is applicable on first time deposits only, Airtel said. Read more »

Big jolt on rural low cost warm clothing market in Himalayan foothills

“This entire trade with its unique character is under jeopardy,” said K. Bhujel, a trader from Indo-Bhutan border area of Dooars in Jalpaiguri district. Read more »

Digital banking may eat into ATM business

ATMs are cash-vending machines and operators are paid on a per transaction basis. Read more »