ArcelorMittal undervaluing Essar Steel, say Ruias

Following CoC's approval of ArcelorMittal's bid, the promoters of Essar Steel had submitted a higher bid of more than Rs 54,000 crore seeking withdrawal from the insolvency proceedings. Read more »

Maruti Suzuki calls for reduction in taxes on automobiles

Currently, automobiles attract peak GST rate of 28 per cent with additional cess ranging from 1 per cent to 15 per cent depending on length, engine size and type. Read more »

Top US institutions to help revamp 10 state universities

High-level discussions with all stakeholders were held last week in New Delhi to finalise the modalities ahead of the 2019-20 academic session, when the international partnership will roll out. Read more »

Some want IBC not to be implemented: ArcelorMittal

"It appears there are certain parties in India who would like that the Insolvency and Bankruptcy Code (IBC) not be implemented according to the law," ArcelorMittal India said. Read more »

Unconditional cash transfer to farmer better option: SBI Report

Many countries have found that UBI does not address the structural problems and is at best a solution in interregnum. Read more »

JNPT becomes India’s only port to be ranked among world’s top 30

The JNPT, India's premiere container port got listed amongst the top 30 container ports globally, as per the latest Lloyds Report. Read more »

Govt notifies new dedicated testing track for railways in Rajasthan, gives it status of special project

Once completed, India will enter the league of countries like the United States, Germany, China and Australia that have dedicated tracks for train trials. Read more »

Amul launches camel milk in select markets

To be initially sourced from Gujarat's desert district of Kutch, the milk will be available in a 500 ml PET bottle and is priced at Rs 50. Read more »

Yes Bank partners with Maharashtra government for electronic PDS

Under the partnership, Yes Bank will empower more than 20,000 ration shops which can offer last mile basic banking services to more than seven lakh beneficiaries. Read more »

At 13.89 crore, number of flyers on domestic routes registers 18.6% growth: DGCA

he DGCA data shows that the passenger load factor for SpiceJet was 92.7 per cent in December 2018 in comparison to 91.1 per cent in November 2018 Read more »