EDs of nationalised banks eligible to become MD of SBI: Finance Ministry

Moving away from the tradition, deputy managing directors (DMDs) of SBI were appointed managing directors in several nationalised banks earlier this year. Now, the government has allowed vice versa, by making EDs... Read more »

CCEA approves extending Ujjwala LPG scheme to all poor households

The scheme, launched in 2016, originally targeted giving LPG connections to women members of below the poverty line (BPL) households. Read more »

Some states charging 50 times higher for telecom infra rollout: DoT

Telecom Secretary Aruna Sundararajan said that some states and UTs are charging up to 50 times higher fees from companies for rolling out telecom networks Read more »

Tata Motors-owned JLR likely to cut jobs in 2019

In October, the company posted a pre-tax loss of 90 million pounds as the sales of its luxury brands fell sharply in recent months. The JLR had blamed ongoing uncertainty over the... Read more »

D.light raises US$41 million to finance its solar and appliance business

The new equity funding, energy expertise and the network of the Consortium, led by Inspired Evolution, will enable d.light to expand and accelerate its growth rate as well as provide energy access... Read more »

AAI employees to intensify protest over airport privatisation

Last month, the government cleared a proposal for managing six AAI-run airports on public-private partnership (PPP) basis. Read more »

Shopify Merchants Rake in $870,000 per Minute from Black Friday through Cyber Monday

$870,000 per minute was being sold during the peak of the 2018 Shopify BFCM sales event by its merchants. Here's all the numbers. Read more »

IL&FS puts 22 road assets on block

​​It also includes three other assets and businesses, which are EPC & O&M businesses of IL&FS Transportation Networks Limited and a Sports Complex in Thiruvananthapuram. Read more »

Bank of Baroda to shut three African branches by June

The bank in a regulatory filing said that as per the government guidelines for rationalisation of overseas presence, increase in efficiency and profitability of the overseas offices, it will close down branches... Read more »

Choosing the Right Hardware Vendor for Your IT Business

Before you get your IT business off the ground, make sure you can rely on your hardware vendor. Here are some ways to choose the best. Read more »