Now, rail passengers to pay six-time penalty for carrying excess luggage

Railways has decided to strictly enforce its over-three-decades-old baggage allowance rules, which allows railways to penalise travelers with six times ​penalty. Read more »

Department of Telecommunications clears 100% FDI in Idea, paves way for Voda merger

The house expects 75% of guided synergies to come though, and hence estimates the FY19-24 operating margins to grow at a CAGR of 14%, to 39.4% from 21.8% in FY18. Read more »

Conditions for auctions of next few blocks in Odisha could keep Tata Steel out

The move comes in the wake of a court order staying auction proceeding of two iron ore deposit that the steelmaker had bid for in April. Read more »

Vodafone-Idea merged entity won’t succumb to debt pressure: Citi

Vodafone and Idea have been steadily raising money in the past few months through equity infusions, stake sales and sale of captive towers among other avenues, in a bid to pare combined... Read more »

PM Narendra Modi pulls up Gujarat, Maharashtra & UP for freight corridor delay

A 190-km leg of the project between Ateli in Haryana and Phulera in Rajasthan will be made operational from August 15, after the PM’s orders... Read more »

Former AirAsia India CEO says he was falsely implicated at behest of Fernandes

AirAsia India Ltd. has filed a criminal complaint against its former CEO, Mittu Chandilya. The matter is presently being investigated, a spokesperson said. Read more »

Railways may cut down on quantity to serve quality food in trains

IRCTC is making significant losses on its onboard catering services as it gets Rs 112 per passenger meal, while the actual cost stands at over Rs 150 per plate. Read more »

IBM rolls out STEM programme for girls

The ‘STEM Education for Girls’ programme will be spread across Karnataka, Telangana, National Capital Region and Mumbai/Pune in the first batch. Read more »

Trai moots steps on new disaster relief network

Currently, relief agencies and emergency services rely on narrow-band digital trunking technology or old analogue systems, which are primarily meant for voice communication in the field. Read more »

J&K to host first-ever ‘global investor meet’ on hydro-power in July

A total of 3,263.46 MW has been harnessed on three western rivers from Jehlum, Chenab and Indus through state, central and public private partnership mode of execution. Read more »