SBI not right candidate to take over more banks: Chairman

"We are not the right candidate to take over more banks," SBI Chairman Rajnish Kumar has said. Read more »

Launching EVs in India not a viable business case right now: Mercedes

Presently with no framework and incentives the company does not find a viable business case for EVs. Read more »

Hero Enterprise enters insurance broking business

After the mew license, insurance business of Sunil Kant Munjal-promoted Hero Enterprise, currently carried out by Hero Corporate will migrate to Hero Broking. Read more »

Government to soon bring Indian standardisation for medical devices: senior official

NITI Aayog member V K Paul, in his address at a conference here, said the standardisation is expected to be completed in the next two months. Read more »

No deadline for 100% electrification of vehicles: Ananth Geete

Ananth G Geete, minister of Heavy Industry and Public Sector Enterprises added that no developed country has achieved even 30% electric mobility. Read more »

NCLAT wrongly allowed ArcelorMittal to pay dues after bidding for Essar Steel: NuMetal to Supreme Court

The Appeal is on limited grounds as the NCLAT has committed "a fundamental error" in interpreting the provisions of the Code and allowed time to pay the dues to the tune of... Read more »

CCI probe finds unfair practices by three drug companies

The competition regulator has started hearing the matter and a verdict is likely to be out soon, the official said. After the hearing, the watchdog may also order further probe. Read more »

Alpesh Shah new MD of BCG India

During the transition period, Aggarwal and Janmejaya Sinha, who earlier stepped down from the Asia Pacific role, were looking after the India practice. Read more »

Foreign ecommerce companies rush to register for GST in all states

Under the provisions, notified entities have to deduct up to 1% state GST and 1% central GST on intrastate supplies of over Rs 2.5 lakh. Read more »

Pay daily or we’ll turn off fuel supply: Oil companies to Air India

Air India buys fuel worth about Rs 20 crore daily, which the carrier has not been able to pay in full. Read more »