Losing appetite: Top restaurants, cafes in a pickle in FY18

While 16 restaurant biz expanded their combined sales by 17% to Rs 4,740 cr,13 of them were still in the red. Read more »

Lucas TVS in talks with e-bikes maker for supply of motors

The 55-year-old TVS Group company will use the e-two-wheeler project as an evaluation opportunity for further production of electric motors for two-wheelers. Read more »

Chinese steelmaker Tsingshan Holding Group to invest $3 billion in Dholera for en electric battery plant

Within a year of signing the MOU, the company began the construction of the first phase of the project which is slated to be completed in a record time of 14 months. Read more »

CRRC Nanjing Puzhen to invest Rs 400 crore in Dholera to manufacture metro rolling stocks

DICDL had been in discussion with CRRC Nanjing Puzhen Co. Ltd to understand and assess the business of manufacturing of Metro Rolling Stocks that it manufactures. Read more »

NCLT allows ex-brass of IL&FS to withdraw Rs 2 lakh per month

On January 16, these former directors had approached NCLT seeking clarification on its earlier order that restrained them from disposing of or creating any third-party rights on their properties. Read more »

RBI approves appointment of V Vaidyanathan as MD, CEO of IDFC First Bank

Following the merger, the board of IDFC First Bank approved the appointment of Vaidyanathan as MD and CEO of the new entity. Read more »

Complexity of Indian financial system warrants robust corp governance in banks: Shaktikanta Das

Speaking at the 9th Vibrant Gujarat Global Summit 2019, the RBI chief said the central bank is committed to play its role as the monetary authority for maintaining mandated price stability objective... Read more »

Apeejay Surrendra Park Hotels launches ‘Zone by The Park’ in Kolkata

Zone by The Park Kolkata will have 117 rooms and is situated adjacent to the Biswa Bangla Convention Centre. Average tariffs for the hotel will range from Rs 3500-5500. Read more »

Number of countries express interest to import Train 18 set, reveal senior rail officials

Train 18 which has run at a maximum speed of 180 kmph during its trial run will have its debut journey from Varanasi to Delhi. Read more »

Program to provide telephony service across China border may start soon

The official added that the Centre recognises the need in the region and is committed to providing mobile connectivity across the Northeast. Read more »