Apart from its centres in India, UST Global has regional headquarters in California, Singapore and London, and over 35 offices across the world. Read more »
The government holds an 80.96% stake in the firm and the deal may involve both real estate and non-core entities of IDBI Bank valued at around Rs 14,000 crore. Read more »
Around 90% of solar equipment used in Indian projects is imported as imported panels are significantly cheaper than domestically produced ones. Read more »
Air India is probing alleged irregularities in preparation of rosters for pilots and whether they are being changed at the insistence of some pilots. Read more »
Domestic cement production was higher by 6.3% at 298 million tonnes in FY2018, against 280 million tonnes in FY2017. Most of this growth was recorded during the second half of FY2018 and... Read more »
The RBI said the state-run banks lacked effective credit screening and oversight. The significant differences in operational risk called for a deeper introspection. Read more »
The report pointed out that nearly one-fourth of banks loan is under stress and the worst is not over yet. Read more »