Tata Steel starts export of Ferroshots from Kalinganagar steel plant

The product has garnered a lot of interest within a few months of its launch, from the steel industry which has traditionally used pig iron, sponge iron and scrap. Read more »

Yes Bank enters credit card space, eyes #3 slot in 4 years

At a time when lenders are sticking to their own customers to sell credit cards, the bank plans to seek customers from outside for the unsecured lending product. Read more »

FSSAI announces initiatives to promote safe food culture

FSSAI will provide a green book to every household and create a dedicated website for safe and nutritious food at home. Read more »

Piramal Enterprises, Bain Capital to pursue distressed debt investing

The platform will invest capital directly into businesses and/or acquire debt of such businesses to drive sensible restructurings, Piramal Enterprises said in a statement. Read more »

Maharashtra to be first state to begin regional connectivity plan

The RCS stipulates that the air tickets under a one-hour flight will be capped at Rs 2,500, and the VGF will take care of the rest of the operational cost. Read more »

Government open to enhance bilaterals with Gulf: Aviation Minister Ashok Gajapathi Raju

Between India and Gulf, around 4.2 lakh seats are available every week with Dubai leading chart with 66,504 seats each per week followed by Abu Dhabi with 50,000 seats. Read more »

Treebo Hotels offers free vacations to all Indian Olympians

Not only is Treebo giving free annual vacations to the Olympics team, they are also offering a flat 30% discount at any of their hotels to all athletes in the country. Read more »

Suresh Prabhu commissions new rail line in Andhra

They inaugurated the facilities through a remote video link from Vijayawada in the presence of Union I&B and Urban Development Minister M Venkaiah Naidu. Read more »

Ujjivan Adopts new age digital banking solution to easy customer acquisition

Designed to empower SFBs to achieve faster growth with sustained innovation, this solution eases the process of customer on-boarding. Read more »

China, India push up global steel output by 1.4 per cent in July

Steel capacity utilisation ratio of 66 countries in July 2016 was 68.3 per cent, which is same as in July 2015. Compared to June 2016, it is down by 3.7%. Read more »