Government asks RBI to suggest on PSU Bank merger

The minister in a written reply to the Rajya Sabha said that there is no timeline has been fixed for merger of the public sector banks. Read more »

Nearly 2.67 lakh more houses sanctioned for urban poor in 10 states under PMAY(U)

The approval was given in a meeting of the Central Sanctioning and Monitoring Committee of PMAY(U), which was held under the chairmanship of Union Housing and Urban Affairs Secretary Durga Shanker Mishra. Read more »

MNRE plans RE-Invest alongside ISA’s 1st General Assembly meet, in October this year

This year’s RE-invest assumes particular importance as the India has scaled up its renewable energy capacity addition target from 175 GW to 227 GW over... Read more »

Incidents of bed bug bites are isolated ones: Air India

Several business class passengers last week took to social media to vent out their anger over being bitten by bed bugs on the Newark-Mumbai flights.The incidents were reported on different days. Read more »

New accounting standard keeps NBFCs guessing

The market is unsure about the likely impact of the transition on earnings of non-banking finance companies. Read more »

Maruti Suzuki launches advanced telematics solution

"Suzuki Connect is an advanced telematics solution developed and tested in India to offer seamless connected car experience to car owners," Maruti Suzuki's Senior Executive Director, Marketing and Sales R.S. Kalsi was... Read more »

Now, GAIL to hive off its transportation business

The petroleum ministry is looking at splitting GAIL into two firms to resolve the conflict of interest in it being both the transporter and marketer of natural gas. Read more »

Aegon Life to focus on term insurance for growth

Aegon said that the company would continue its focus on selling protection or term policies, while pushing direct business and digital products. Read more »

Pharma hiring may stay muted this year

The industry is going through a period of transition, primarily due to increased sanctions by US Food and Drug Administration (USFDA), which has banned several units from shipping drugs to the United... Read more »

IIMC, TSW announce admission to 2nd batch of Women’s Leadership Programme

This is a unique leadership programme launched by IIM Calcutta specifically aimed at women executives in managerial positions. TPL is part of the Times Group, which publishes ET. Read more »