Nirmal Group raises Rs 500 cr from Altico Capital

In this respect, Altico intends to strategically place itself in the growth corridor by investing in a mix of advanced brownfield projects and early stage projects, he added. Read more »

SpiceJet’s Ajay Jasra bags Fulcrum Awards 2016

SpiceJet won the best Individual: Consultancy Professional at the Fulcrum Awards 2016. Read more »

Rs 2,288 cr savings for consumers after NLEM 2015: Government

Ceiling prices of 464 formulations (amounting to nearly 7,000 different stock keeping units) have been fixed by the government after the announcement of NLEM. Read more »

ONGC board vertically split on claiming gas compensation

While ONGC had in May 2014 not hesitated from filing a case against RIL in the Delhi High Court and making the government a party to it, it is... Read more »

State oil firms use up third of planned capex in first 5 months of fiscal year

Between April and August, state oil firms spent about Rs 31,000 crore against the full year target of Rs 88,000 crore. Read more »

IIT Bombay’s satellite Pratham launched on Monday at 9.15 am

The foremost objective of Pratham is to empower the students involved with the skill set required to develop a satellite through various stages of design, analysis. Read more »

Sidbi to invest Rs 2 crore in Uttrayan Financial Services

"We have received Sidbi's approval and are expecting the investment to come in in next month. The fund will help us to grow business aggressively," Biswas said. Read more »

Centre planning autonomy for good universities: Prakash Javadekar

"Universities that encourage innovation would be given support by Centre. PM Modi's aim is to have innovation hubs across the country," Javadekar said. Read more »

Air India to pay compensation of Rs 1L for serving stale food

According to the complaint filed by Malti Madhukar Pahade, she was served with stale food while travelling in the Air India flight from Mumbai to New York. Read more »

Bank of India sells 18 per cent stake in insurance JV to partner Dai-ichi Life

With this, the shareholding of BOI has come down to 30 per cent from 48 per cent in SUD. While, Union Bank of India will continue to hold 26 per cent. Read more »