SBI to DoT: Cancellation of RCom’s spectrum will ‘jeopardise’ dues recovery by lenders

The move assumes significance as the debt-ridden RCom is under a temporary reprieve from telecom tribunal TDSAT till August 10 on licence and spectrum cancellation showcause notice served by DoT. Read more »

Vedanta’s smelter closure has hurt companies, put people out of jobs: Executive

The Tamil Nadu state government ordered a permanent closure of the plant in May following protests over alleged environmental violations. Read more »

Government spent over Rs 1,600 cr on advertisements in last three fiscal years: I&B

​​The objective of undertaking publicity campaigns of government programmes and schemes was to enable the intended beneficiaries to become aware of them and utilise the... Read more »

Government to develop 17 road-cum-airstrips, says Gadkari

Projects for constructing 6,320 km of road have been awarded under the first phase of the Bharatmala project, with the financial implication estimated to be Rs 1.44 lakh crore, he said. Read more »

Truckers’ strike hits auto industry, affects production

According to industry sources, Tata Motors has undertaken block closures of its Pune and Sanand plants by advancing weekend holidays and compensating for it later on. Read more »

Indian truckers’ strike hits cotton trade, essential commodity supplies

Supply of vegetables like onions and potatoes has fallen in big cities including the financial capital Mumbai and national capital Delhi. Read more »

Convert aged coaches into restaurants: Railway Board

Citing the example of the Shan-e-Bhopal -- India's first multi-cuisine rail-coach restaurant located in Bhopal -- Nath said such eateries were popular among tourists and the general public. Read more »

Ship owners fear easing of norms for foreign companies

The INSA and bodies representing seafarers have requested the government not to waive licencing requirements for foreign vessel owners as this would impact the local industry. Read more »

Solar developers ask government to rethink on manufacturing-linked tenders

Risks involved in setting up of power projects and venturing into manufacturing of equipment are not comparable either, as the power sector is highly regulated while manufacturing business is largely market driven. Read more »

NCLAT dismisses cement makers’ plea against Rs 6,300 cr CCI penalty for cartelisation

Some cement makers as Ambuja Cement, Ramco, JK Cement and UltraTech said they are consulting with their legal teams and intend to challenge the order before the Supreme Court. Read more »