M&M rebrands electric mobility biz as Mahindra Electric

The company, which currently sells electric models like e20 and Verito, also plans to launch an electric version of its minivan Supro in the next 2-3 months. Read more »

‘Not yet’, says Nirmala Sitharaman on FDI in multi-brand retail

Sitharaman said there is an issue of last mile connectivity, adequate infrastructure and financial inclusion of segments such as farmers and small traders. Read more »

India signs open skies agreement with Greece

The Indians carriers have exhausted the seat entitlements between India and Dubai and the government is looking at increasing it depending on the requirements of the Indian carriers. Read more »

UBHL seeks nod to buy Rs 150-cr goods including beer from UBL

The company's AGM will be held on September 29 in Bengaluru. The company has proposed re-appointment of one of its directors, Daljit Mahal. Read more »

Emirates jet on fire in early August was hit by shifting winds before hard landing

All 300 passengers and crew were evacuated from the plane, which was arriving from Thiruvananthapuram, India. Fourteen people were admitted to hospital. Read more »

Delhi High Court asks Britannia not to use pack ‘deceptively similar’ to ITC

The court asked Britannia to adopt a "distinctively different" packaging from the one currently used by ITC for its biscuit as such "deception" could confuse the consumers. Read more »

Railways to link North East with Nepal, Bhutan and Bangladesh

The link will be a part of the Trans Asian Railway network and will provide a much shorter connectivity from Tripura to Kolkata. Read more »

SUUTI stake sale: Government eases rules for bankers for ITC, L&T, Axis

A complete stake sale in the three Group A companies could fetch the exchequer about Rs 64,000 crore based on today's closing price. Read more »

Airtel to launch 4G services in Assam soon

The company stated that customers can switch their existing 2G/3G SIMs with 4G ready USIMs at any Airtel retail store. Read more »

Textile Ministry plans policy intervention for jute sector

Textile Secretary Rashmi Verma that jute mills raised issues like intense competition and cheap Bangladeshi import while jute balers said they were receiving late payments from mills. Read more »