Discom losses down 70% to Rs 17K cr, says report

According to the Deutsche Bank Market Research report, UDAY scheme has also helped discoms cut aggregate technical and commercial losses by 5 per cent. Read more »

Piramal Capital sanctions Rs 200 crore funding to Chennai’s Appaswamy Group

The structured equity funding will enable the acquisition of 3.34 acre land in Chennai’s Kotturpuram locality, the Piramal Group company said in a release. Read more »

Leaders of Tomorrow kick-starts with Whitney Johnson & Brand Capital

Entrepreneurship is gathering momentum in India. Ambitious entrepreneurs are bringing in innovations and disrupting the Indian market. Leading English News C... Read more »

Bullet train extremely essential for country: Railway Board chief

According to Ashwani Lohani the advent of bullet train will unleash technology-driven transportation. Read more »

HPCL to introduce cashless payment service at select outlets

The mechanism provides for automatic vehicle identification (AVI) using the RFID technology to identify cars. Read more »

NBFCs face higher borrowing costs, narrower funding options in FY19

Banks’ funding to NBFCs increased 27% during FY2018, while the banking system credit growth remained muted at 8% for the period. Read more »

Railways clocks 7.5 per cent rise in April-May freight earnings

The maximum increase in the first two months came from coal, they said. “Out of the total 200 million tonnes of loading, around 100 million... Read more »

NHPS package rates too low: IMA

Niti Aayog and the Indian Council of Medical Research (ICMR) are “most likely” to help conduct this study over the next few months as the... Read more »

Aircel, RCom yet to clear dues, allege distributors

An Aircel official, who did not want to be named, has said the settlement amount given to distributors was indeed the final one. Read more »

More individuals under CBI lens for AirAsia lobbying

Under the 5/20 rule, carriers needed to have been operational for five years and have 20 planes to be eligible to fly overseas. Read more »