The company defaulted on about Rs 120 crore to a group of lenders led by Indian Overseas Bank. Read more »

Industry body COAI, meanwhile, said the telecom department must give clear directions to telcos on KYC norms to be adopted by telcos. Read more »

Network utilization and the viable business model remains a critical aspect and the government, according to Sinha, was already looking to address it. Read more »

The government plans to bring in the Cape Town Convention Act which will help reduce risks related to asset-based financing and leasing transactions in the civil aviation space. Read more »

Rajasekharan, who comes from Suzuki Motorcycle India where he was executive vice-president for sales and marketing from July 2016, will be based in Gurgaon where the company is headquartered. Read more »

The Union government on October 4 slashed the petrol and diesel price by Rs 2.50 by reducing excise duty and asking state-owned oil firms to bear subsidy. Read more »

The decision was taken after plastic bags, sanitary napkins, bottles were found stuck in toilets. Read more »

Pune was selected in NITI Aayog and RMI’s ‘Grand Challenge’ as India’s first Lighthouse City for mobility solutions. Read more »

Saudi committed to meet any shortfall in India that may arise due to Iran sanctions, its energy minister said. Read more »