TRAI issues changes to interconnect regulations; tweaks norms

Reliance Jio had accused other operators of not providing it sufficient points of interconnect leading to call failures, while operators blamed the free calls offered by the newcomer for the tsunami of... Read more »

Godrej Consumer sells diaper brand Snuggy

The size of diaper business in India is about Rs 5500 crore where Procter & Gamble controls nearly half the market with its Pampers brand,... Read more »

SAIL clocks record numbers in iron ore production in Jharkhand, Odisha mines

RMD’s iron ore mines in Jharkhand and Odisha together produced and despatched 5.19 million tonne (MT) and 5.11 MT respectively. Read more »

COAI dubs Jio’s fibre-based fixed line broadband a ‘gamechanger’

"The announcements made by Mukesh Ambani (RIL Chairman) today have positioned RJio as an extensive technology company rather than just a telecom service provider. Read more »

Government working on comprehensive plan for aviation sector: Suresh Prabhu

Prabhu laid the foundation stone for Civil Aviation Research Organisation (CARO) being set up by Airports Authority of India with an expenditure of Rs 250 crore at the Begumpet Airport in Hyderabad Read more »

Phoenix Mills-CPPIB investment platform buys land parcel in Pune

This land parcel is adjoining two plots the company had acquired last year. Read more »

Centre may infuse fresh capital into Air India, says official

RN Choubey, secretary, Civil Aviation, said the disinvestment plan would be taken up once the conditions were favourable. Read more »

ArcelorMittal says NuMetal alter ego of Ruias; NCLAT disagrees

At a hearing before a two-member bench of the National Company Law Appellate Tribunal (NCLAT), senior lawyer Abhishek Manu Singhvi, appearing for ArcelorMittal, said "NuMetal and Rewant Ruia are alter ego of... Read more »

Bank credit grows at 12.84%, deposits at 7.59%

The growth in advances was slightly higher than the growth registered in the previous fortnight ended Jun 8. It had risen by 12.67 per cent to Rs 85,98,703 crore. Read more »

Delhi HC seeks Centre’s reply on Vodafone plea on jurisdiction over international arbitration

Court issued notice to the Centre on a cross-objection filed by Vodafone in a pending appeal of the government against a single judge's May 7 order. Read more »