New import policy for marbles, blocks form October 1

The objective of the new policy is to balance the interests of domestic consumers, producers and processors, and to end the cumbersome licensing system Read more »

Amazon to open ‘seller cafes’ to offer on-ground help

Pillai indicated the 'seller cafe' programme is a pilot ahead of the festive season and they could continue the initiative based on demand going forward. Read more »

Sarfaesi provisions can help resolve NPAs of NBFCs faster: Icra

"If credit costs were to come down, there could be some moderation in lending rates by NBFCs, which would benefit borrowers, going forward," ICRA added. Read more »

SBI chief Arundhati Bhattacharya likely to get extension

In this regard, the government is looking at the proposal of granting extension to the current chairperson whose three-year term comes to an end this month, sources added. Read more »

CleanMax eyes 400 MW rooftop solar installed capacity in 2 years

The company, which enjoys nearly 28% share in the total market, has presence in six metros including Mumbai, Pune, Bangalore, Jaipur, Chennai and Hyderabad. Read more »

Bird Group to open 3 hotels in India; mulls acquisitions

The company already has land for these hotel properties, he said, adding all hotels of the Group are luxury boutique hotels. Read more »

Hardcastle to invest Rs 750 cr on McDonald’s expansion

While the company will focus on expanding in existing key markets, it has also drawn up plans to open McDonald's in two to three new smaller cities every year. Read more »

Mangalore Refinery under lens for alleged excise duty evasion

The case relates to alleged wrong classification of mixed xylene - a clear colourless aromatic hydrocarbon liquid having sweet odour - produced by it, they said. Read more »

Godrej Appliances eyes Rs 4,000 crore revenue in FY17

It has 6 per cent market share each in ACs and microwaves. The AC industry is estimated to be at Rs 10,500 crore, while the microwave market size is estimated to be... Read more »

Suresh Prabhu launches cleanliness drive at railway premises

Prabhu announced to join hands with Sulabh International to clean some important railway stations across the country. Read more »