COAI to examine implications of Supreme Court verdict on Aadhaar linkage with mobile connections

BankBazaar.com CEO Adhil Shetty also said clarifications are needed to figure out the exact impact of the judgement on the existing eKYC processes for opening a bank account. Read more »

Nestle forays in small appliances category

Nestle is in the process of rolling out app-based coffee machines, which it will sell through non-FMCG distribution channels as well. Read more »

Centre approves construction of nearly 6.28 lakh houses for urban poor

The ministry has also advised the Kerala government that it may submit project proposals as soon as possible for construction of houses under PMAY(U). Read more »

Indian Steel Association partners Messe Frankfurt Trade Fairs India to organise the first International Steel Conclave

"The steady growth of the industry and the strong initiatives taken by the government gives us the perfect opportunity to host the International Steel Conclave in India," Raj Manek, managing director at... Read more »

Dharmendra Pradhan says tax cuts cannot keep oil prices low for long

Petrol prices have crossed Rs 90 a litre in many states while diesel is selling at over Rs 80 a litre, due to high VAT rates. Read more »

Jet defaults on salary payment to its employees again

The first 50% of this month’s salary was paid to staff on Sept 11 and the rest was to be paid today. Read more »

Coal India pushes back 1 billion tonnes output target by 6 years to 2026

The goal will be achieved by 2025-26 because of changes in the country’s carbon emission targets, sluggish industrial growth, changing energy mix and environmental challenges. Read more »

Fuel stations upgrade dispensers to display three-digit rates

Petrol price rose to Rs 90.22 a litre and diesel Rs 78.69 in Mumbai on Monday. In Delhi, petrol and diesel were sold for Rs 82.86 and Rs 74.12 a litre, respectively. Read more »

Haier, Blackstone, Goldman Sachs eyeing Videocon’s $2-billion electronics business

A formal auction process for sale of the electronics business, which is distributed between as many as fifteen legal entities of Videocon group, was formally launched on Tuesday. Read more »

Clean energy bids with high tariffs will be cancelled: RK Singh

The government and the private sector have recently been at odds following the former’s decision to cap solar tariffs at Rs 2.5 per unit for... Read more »