India offers Rs 1 lakh crore of oil, gas resources in DSF-II round

The bidding for 59 fields will begin in the first week of September and will close on Dec. 18. The contracts will be awarded in January, oil minister Dharmendra Pradhan said. Read more »

Digital citizen payments take off as banks lend a hand

Services will include direct benefit transfers, tax and fee collections and payments for public transport. Read more »

India Inc’s festive ad spend could hit Rs 25,000 crore

With the season contributing 40% of annual sales, companies spend heavily on promotions to make the best use of the biggest shopping opportunity of the year. Read more »

India a long-term investment for us, says IKEA global CEO Jesper Brodin

Brodin’s take is different from foreign retailers who are wary about the govt’s latest draft ecomm policy. Read more »

India’s proposed ecommerce policy biased, favours local companies: USISPF

The policy proposes to restrict online marketplaces from not directly or indirectly influencing price of goods and services to their group companies. Read more »

DoT issues direction for licence amendment to implement net neutrality

A licence amendment note of DoT directing its various licensing division said that the government is committed to the fundamental principles and concepts of net neutrality. Read more »

Railways announces 9 exam special trains

Nearly 48 lakh candidates will appear for the first set of the computer-based tests for 66,502 vacancies of assistant loco-pilots (ALP) and technicians. Read more »

CCI gives nod to Tata Steel-Bhushan Power & Steel deal

According to the notice submitted to the CCI, the proposed combination involves the acquisition by Tata Steel, either directly or through a wholly owned subsidiary, of up to 100 per cent of... Read more »

Benelli to roll out 12 bikes in India by 2019

Benelli had earlier also partnered with Pune-based DSK Motowheels of DSK group for marketing its bikes in the country with engine capacities in 250cc to 1,200cc range. Read more »

Nissan drives in updated Micra at Rs 5.03 lakh

New Delhi, Aug 8 () Nissan India today launched an updated version of its compact hatchback Micra with price starting at Rs 5.03 lakh (ex-showroom Delhi). Read more »