India discusses ways to recover $600 mn dues from Venezuela

Oil Minister Dharmendra Pradhan today met visiting Venezuelan Foreign Minister Delcy Rodriguez and Oil Minister Eulogio del Pino and discussed energy issues. Read more »

India keen on developing coal fields, ore mines in Russia

As regards fertiliser sector, both sides expressed mutual interest in developing the long-term and mutually beneficial cooperation in the field of mineral fertilisers, it added. Read more »

India Post Payments Bank receives certificate of incorporation

This is significant step as this also paves the way for the bank to begin hiring of professionals to set up the bank and begin its operations in 2017. Read more »

Bank unions decide to join national strike on September 2

On March 30, all central trade unions had given a one-day national general strike call on September 2 to protest against the Modi government's "unilateral labour reforms and anti-worker policies". Read more »

Debt of top 30 steel firms hits record $150 bn: E&Y

Alternative financing, controls on costs and divesting non-strategic assets to free up capital are key tactics currently playing out in the steel sector. Read more »

IIT-Hyderabad bags Rs 30 crore Japanese multi-mode transportation project

"About 25 to 30 faculty from Japan come to IITH every year, and an equal number of IITH faculty go to that country annually," Prof Desai said. Read more »

Dilip Buildcon bags Rs 2,016 crore road project in UP

"The National Highways Authority of India has declared the company as the selected bidder for four laning of Lucknow-Sultanpur section of NH-56," Dilip Buildcon said. Read more »

Bank unions decide to join national strike on September 2

The unions have been opposing proposed labour law amendments that allow hire and fire, make it tougher to form unions and dilute existing social security. Read more »

Cost denial of $380 million to us part of larger gas dispute: RIL

The company also said the amount was the result of a revision from time-to-time which the Petroleum Ministry conducts. Read more »

Carnival Cinemas brings on board Pramod Arora as director

Arora joins Carnival Cinemas from Everstone Capital Advisors, where he was overlooking the consumer facing businesses of the company. Read more »