IIT JEE 2018- 16% girls make it to IITs

The IITs are aiming at a 20% representation of women by 2020, pushing it up incrementally every year. Read more »

24 pilots suspended in last three years: Jayant Sinha

"Based on the review of investigation report during the last three years, 24 pilots were suspended/off-roastered and were released subsequently," Sinha said. Read more »

Continental Warehousing Corporation acquired by DP world and NIIF

The first investment of HIPL, the recently created investment vehicle between DP World and NIIF to invest up to USD 3 billion in ports, logistics etc. Read more »

Digital retail lending may hit $1 trillion in 5 years: Report

Technological advancements will transform the face of front-end consumer experience, as well as enable full-scale digitization of operations. Read more »

Supreme Court to decide on round 2 for saving Jaypee Infra

IDBI bank had moved the Corporate Insolvency Resolution application before the NCLT against the debt-ridden realty firm, JIL, after it allegedly defaulted in paying back Rs 526 crore loan. Read more »

Aion-JSW Steel wins Monnet Ispat bid; banks take 75% haircut

The private equity fund-steel major consortium will hold 75% of the equity in the company out of which Aion Capital will have a 70% share with JSW Steel controlling 30%. Read more »

Carnival Group to acquire Qatar’s multiplex chain from Elan Group

While the financial details were not disclosed, sources say the deal is pegged between Rs 500-690 crore ($75-100 million). Read more »

Srishti Institute of Art, Design and Technology to host maiden convocation ceremony

This is the first time that students of the institute are awarded by the Bangalore Central University. The ceremony will be held at the Central College campus on Palace Road. Read more »

Samsung breathes down Xiaomi’s neck in smartphone race for April-June: Canalys

The Korean major shipped in 9.9 million units in the quarter, roughly the same as Xiaomi’s, clocking a 30.2% market share to its Chinese rival’s... Read more »

Government aims to promote Khadi as global fabric: Suresh Prabhu

The minister said district-level development is the key to promote Khadi as a global fabric which in turn will promote economic growth. Read more »