How Tata Group plans to put India behind EV wheels

Tata Motors recently created an electric mobility division to have special focus on this nascent, but potentially big, business. Read more »

Banks mull common portal to offer competitive personal, housing & other retail loans

The government is expected to help the banks set up such a portal which at some later stage can also be used for offering loans to small and micro industries. Read more »

BP acquisition of chargemaster may benefit Indian EV market

The impact on the Indian market, however, initially could be limited since RIL has a small network of 1,400 filling stations in a market of more than 60,000 pumps, and most of... Read more »

US sanctions on Iran won’t disrupt crude supplies: Indian refineries

Indian refiners use euro to pay for Iranian oil, routing the payment via State Bank of India and Germany-based bank Europaeisch-Iranische Handelsbank AG (EIH). Read more »

Plans afoot to base aircraft leasing firms at GIFT city

The aviation ministry sees an opportunity based on plans by Indian carriers that aim to induct about 900 planes. “The idea is to bring the... Read more »

Govt adopts ‘wait and watch’ approach on Air India stake sale: Official

The government's proposed stake sale in Air India failed to attract any initial bidders when the deadline for bidding ended on May 31. Read more »

IKEA selects Gati-KWE as logistics partner

The overall scope of partnership is a combination of contract logistics, last-mile distribution and reverse logistics. Read more »

NCLT rebukes SBI for “lackadaisical approach”

Earlier in December last year, SBI filed an insolvency petition against Uttam Value Steels Ltd, a company engaged in manufacturing various steel products. The firm had availed term loans from the bank. Read more »

Panel on bad bank to submit report shortly: SBI chief

On June 8, Piyush Goyal had announced the formation of a committee under the chairmanship of Punjab National Bank non-executive chairman Sunil Mehta and the SBI chairman and Bank of Baroda ... Read more »

GMR wins Greenfield Port project in Andhra Pradesh

Revenue share payable to the goverenment of Andhra Pradesh under the bid is 2.7% of gross revenue for a period of 30 years. Read more »