Stressed assets are a carry forward legacy of the previous regime: Piyush Goyal

Banking in olden days had a lot of promoter credibility, stated Goyal. He admitted that the government implemented core banking reforms but left it half done. Read more »

India has `Plan D’ for Iran oil as Donald Trump adds sanction pressure

India has so far been sending mixed signals about its stance on Iranian imports. The country is also looking at alternate payment mechanisms to continue purchase. Read more »

DoT seeks sale details of Tata Tele’s consumer mobile business to Airtel

​​​Estimates put Tata Tele’s dues to the government, including licence fee, spectrum usage charges and one-time spectrum charge, at over Rs 10,000 crore. Read more »

Rains lash parts of Delhi, flights diverted

As many as 24 Delhi-bound flights were diverted to other destinations after monsoon rains lashed the city today evening, sources in the Delhi airport said. Read more »

Air India sale will be determined by market conditions: Modi

The actual strategic divestment of Air India will be determined by market conditions although the policy decision has already been in this regard, Prime Minister Narendra Modi has said. Read more »

Saraswati Prasad gets additional charge as SAIL chairman and managing director

The decision was taken on June 30. This follows the superannuation of Prakash Kumar Singh as chairman of SAIL on June 30. Read more »

Sunteck Realty COO quits, will join an NBFC

​Mishra, has been with the company for eight years and was looking after the Investor Relations of the company apart from the finance, sales and... Read more »

Gauhati University makes it compulsory for researchers to submit thesis in respective language

There were complaints from research scholars of different linguistic departments expressing their reluctance to write research papers in English Read more »

NIIT launches center of excellence in Bengaluru for emerging tech

It will focus on emerging technologies such as Artificial Intelligence, Machine learning, along with Block Chain and Internet of Things. Read more »

Few Indian shopkeepers turn up for protests against Walmart’s Flipkart deal

Confederation of All India Traders (CAIT) had hoped to gather one million protesters at various cities in the country to voice opposition to the deal, but the numbers were far fewer, witnesses. Read more »