Telecom gear from Europe as safe or unsafe as China’s, says 5G panel head

Huawei is competing with Finland’s Nokia and Sweden’s Ericsson, besides smaller Chinese rival ZTE, for 5G network deals in India. Read more »

JSW Steel unlikely to bid for Uttam Value, Galva Metaliks

JSW Steel has been categorical about not exceeding its net debt to EBITDA ratio beyond 3.75x. Read more »

Government unveils national air cargo policy

As per the document, the potential in the new markets needs to be explored with long-term infrastructure creation in order to sustain cargo growth in the next 10-15 years at least. Read more »

Fortis completes acquisition of RHT assets

The transaction was approved by an overwhelming majority of Fortis shareholders with a voting in favour of the transaction in excess of 99 pert cent, the company said. Read more »

Provident funds face crores in losses from IL&FS

While there are no precise numbers available, experts say that the amount may be as high as Rs. 20,000 crores. Read more »

CCI fines Godrej & Boyce, officials Rs 1 crore for cartelisation

The CCI suo motu initiated the investigation after it received an application filed by Panasonic Japan over the issue. Read more »

Baba Ramdev may head vedic university

The issue was discussed between Union Human Resource Development Minister Prakash Javadekar and representatives of Baba Ramdev last week, according to informed sources. Read more »

CCI dismisses Snapdeal’s complaint against KAFF on minimum resale price

The fair trade regulator dismissed the complaint by Jasper Infotech Pvt Ltd, which owns and operates e-commerce platform Snapdeal. Read more »

Civil aviation ministry moots corridor for flying drones

Coming out with a draft policy note on Tuesday, the civil aviation ministry has also proposed constructing droneports to facilitate take-off and landing of drones and a stricter regulatory framework, including features... Read more »

Syndicate Bank creates vertical to recover Rs 27,000 crore NPAs

The senior official said the PSU bank is now focusing more on giving loans to MSME and retail sector rather than large corporates. Read more »