Business
For Second Month in a Row, Cash-strapped Air India Delays Salaries of Over 20,000 Employees
Like other public sector enterprises, the airline is supposed to pay the salaries on the last day of the month.
Bharat Petroleum to Buy Iranian Oil in February After Three-month Gap: Report
BPCL and Hindustan Petroleum Corp will lift 1 million barrels each of Iranian crude oil in February, the sources said.
In a First, India to Operate Port Outside its Territory, Takes Over Part of Chabahar Port in Iran
The heads of Indian, Iranian and Afghanistan delegation jointly inaugurated the office of the Indian SPV - India Ports Global Chabahar Free Zone (IPGCFZ) at Chabahar.
CBDT Directs Taxman to Maximise Collection Efforts as Growth Rate Not Satisfactory
CBDT Chairman Sushil Chandra has shot off a letter to all Principal Chief Commissioners of I-T Department, asking them to pull up their socks as only three months are left for the current financial year to close on March 31.
In Rare Move, NCLT Allows Removal of Company Auditor on Govt Plea
An inspection by the ministry found that all the commonly known attributes of a shell company were existing in the case of Zen Shaving.
Govt to Form Inter-ministerial Panel to Roll Out In-flight Mobile Services by March
The inter-ministerial group will meet every 15 days to sort out issues and expedite the process of approvals till the rollout of in-flight and maritime connectivity (IFMC) services stabilises
There Will be No Jobs Losses, Says Arun Jaitley as Vijaya Bank, Dena Bank and BoB Head for Merger
The finance minister said Rs 51,533 crore has been infused into Public Sector Banks in the current financial year till December 31.
RBI Scales Down Printing of Rs 2,000 Note to Minimum, Says Govt Source
According to the RBI data, there were 3,285 million pieces of Rs 2000 notes in circulation at end-March 2017.
Air India Working to Improve Services, Expand Networks, Says Kharola
The government has prepared a revival plan, that includes a comprehensive financial package for Air India, which is estimated to have debt worth over Rs 55,000 crore.
Trade Unions Finalise 20-points Charter, Demand Rs 18K Minimum Wage
The agenda calls for universal social security coverage for all workers in the country through the retirement fund body EPFO and Employees' State Insurance Corporation
Court Sets Aside ED Order Attaching Tech Mahindra's Rs 822 Crore Fixed Deposits
In 2012, the Enforcement Directorate (ED) had issued provisional attachment orders freezing fixed deposits of Satyam (now merged into Tech Mahindra) in connection with its probe in the money laundering case.
Indian Equities Sign Off 2018 on Tepid Note; Post 3rd Straight Annual Gains
On an annual basis, the Sensex rose 2,011 points, or 5.9 per cent, in 2018. The 30-share index had given a stellar 28 per cent return in 2017. In 2016, it had gained nearly 2 per cent.
Cash-strapped Jet Airways in Talks With SBI for Rs 1,500 Crore Loan: Sources
Jet Airways strategic partner and Middle-east carrier Etihad, which holds 24 per cent stake in the Indian full service carrier, is likely to provide guarantee for the loan.
SEBI Plans to Strengthen Market Surveillance System, Data Warehouse Tool
These systems carry out data acquisition on a daily basis from multiple data sources for surveillance related activities.
India Must Change Overall Framework of Subsidies, Says Govt’s Top Economic Advisor Sanjeev Sanyal
Sanjeev Sanyal, principal economic adviser to the finance ministry, said the government remains committed to fiscal consolidation.
London's Gatwick Airport Sold to France's Vinci For $3.7 Billion Just Days After Drone Fiasco
Vinci Airports President Nicolas Notebaert signalled uncertainty over Britain's departure from the European Union next March had cut the price of buying into Gatwick.