BLS E-Services acquires Starfin India for an undisclosed amount

Starfin has a network of Customer Service Centres (CSCs) across 11 states through which it caters to banking services to millions of customers. Read more »

Operation of wide-body aircraft from Calicut to commence soon: Suresh Prabhu

For sometime in the past, DGCA discovered that Calicut needs to be upgraded to conforms to international safety standards, Civil Aviation Minister Suresh Prabhu told reporters here. Read more »

GoAir to start international operations in October; connect Kannur with Dammam

According to sources, the Civil Aviation Ministry is in discussions with the Finance Ministry for a Rs 11,000-crore bailout package for the ailing airline. Read more »

ONGC, and not the government, is the promoter of Hindustan Petroleum Corp: Dharmendra Pradhan

ONGC paid Rs 37,000 crore to buy the government’s entire 51.11% stake in HPCL earlier this year but the latter has refused to recognize the... Read more »

Realty sector gets Rs 24,011 cr investment in H1: Report

"In the first half of 2018, total investments in the sector stood at USD 3,616 million or around Rs 24,011 crore," the report said. Read more »

Bhushan Steel former promoter Neeraj Singhal arrested for alleged fraud

He is accused of siphoning off around Rs 2000 cr from the loans availed by Bhushan using more than 80 cos. Read more »

COAI urges TRAI Chief to outline priorities for 2 years; seeks predictable, stable regulatory regime

"We would want TRAI to clarify some of the challenges we are facing on implementation of pesky call rules. We want to discuss the outstanding issues with TRAI," Mathews said. Read more »

Why no completion report for 78 projects commissioned 24 years ago: Parliamentary panel to railways

The PAC said that the engineering code stipulates that completion reports have to be prepared in order to compare the cost of work actually incurred with that provided in the sanctioned estimate. Read more »

Target to shed 11,000 railway posts, create posts in maintenance, operations: Government

Northern Railway and Southern Railway top the list with 1,500 posts each to be surrendered. Read more »

Govt says Rs 268 cr collected as UDAN levy from airlines

The government today said an amount of Rs 268.10 crore has been collected as levy from various airlines towards regional air connectivity scheme. Read more »