Railways to produce metro rail coaches under Make In India initiative

For the first time, Indian Railways will manufacture metro rail coaches at its Rae Bareilly based factory under the Make In India scheme, an official said Thursday. Read more »

IL&FS Transportation: Vineet Nayyar, Rajan not yet appointed on board

It can be noted that following a string of defaults, and the resultant market mayhem, the government earlier this month took over the company and appointed a new six-member board. Read more »

ONGC says finances are sound; no issues with salary payments

Congress had earlier stated that ONGC has to resort to avail overdraft facility in order to discharge the salary obligation of employees. Read more »

E-car sales plunge 40% in FY18, but e-bikes volume soars 138%

E-car sales plunged 40 per cent to a low of 1,200 units in FY18 over FY17. Read more »

NTPC to raise $150 mn in foreign currency loan

NTPC invited offers for arranging of a term loan in Japanese yen for an aggregate amount of $150 mn. Read more »

Small savers come to the rescue of Air India’s Maharaja

The government has given the cash-strapped airline Rs 1,000 crore from the National Small Savings Fund. Read more »

Zydus Cadila gets USFDA nod for generic gout attacks drug

The company has received the tentative approval from the USFDA to market Colchicine tablets USP in the strength of 0.6 mg, Zydus Cadila said in a statement. Read more »

Ayushman Bharat: Private players to get a role in running district hospitals

As per the Aayog's guidelines, the private players will be chosen on the basis of transparent, competitive bidding. Read more »

How affordable over-the-top streaming has made entertainment a malaise

With 85% leap in time spent on video apps comes evil of binge watching, when entertainment becomes a malaise. Read more »

NTPC may bid for 8-9 stressed private power companies

NTPC looks to invest in 8,000-10,000 MW of projects once they are moved to bankruptcy court. Read more »