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Cabinet has approved amendments to bankruptcy code: Ravi Shankar Prasad

A 14-member Insolvency Law Committee had made suggestions to the Ministry of Corporate Affairs, including addressing woes of home buyers and making recoveries easier for lenders.....»»

Category: dealsSource: nytMay 23rd, 2018

India to take a "long-term" view on fuel pricing: Ravi Shankar Prasad

Prices of diesel and petrol in India have surged to a record high.....»»

Category: dealsSource: nytMay 23rd, 2018

About 700 digital villages will be set up by year-end: Ravi Shankar Prasad

Positioned as strategic cornerstones of the Digital India programme, the CSC model has adopted six villages on a pilot basis.....»»

Category: topSource: business-standardMay 20th, 2018

Indian Bank Q4 profit drops 59% to Rs 1.3 bn on higher NPA provisioning

Indian Bank is planning to raise around Rs 30 billion capital to support it's growth during 2018-19.The capital would help the Bank to reach total book size of Rs 4.25 lakh crore from Rs 3.71 lakh crore currently.The Bank wil.....»»

Category: topSource: business-standardMay 10th, 2018

Indian Bank Q4 profit drops 32% to Rs 1.3 bn on higher NPA provisioning

Indian Bank is planning to raise around Rs 30 billion capital to support it's growth during 2018-19.The capital would help the Bank to reach total book size of Rs 4.25 lakh crore from Rs 3.71 lakh crore currently.The Bank wil.....»»

Category: topSource: business-standardMay 10th, 2018

Nirav Modi fraud-hit PNB aims to grow its total business by 10.8%

Nirav Modi fraud-hit Punjab National Bank (PNB) aims to grow its total business by 10.8 per cent and close the current fiscal with to Rs 12 lakh crore on the back of increased focus on CASA mobilisation. The board of the bank in .....»»

Category: topSource: business-standardMay 6th, 2018

April GST collections cross Rs 1 trillion, Jaitely terms it "landmark"

The government mopped up Rs 1.03 lakh crore in GST collection in April, indicating stabilisation of the new indirect tax regime which was rolled out on July 1 last year.....»»

Category: topSource: business-standardMay 1st, 2018

Letter to BS: SC questions govt move to examine HC judge contenders

The moot question remains whether such a piquant situation wouldn't be grossly humiliating for both Union Law Minister Ravi Shankar Prasad and the government.....»»

Category: topSource: business-standardApr 30th, 2018

Flipkart sets up new campus to consolidate offices in Bengaluru

The campus, spread over 8.3 lakh sq ft, has a seating capacity of over 7,300 people.....»»

Category: topSource: business-standardApr 8th, 2018

Infosys president talks campus possibilities to support 2,000-job tech hub in NC

Over the last year, Indian IT services firm Infosys has hired nearly 500 people in North Carolina, says Ravi Kumar, president and deputy chief operating officer......»»

Category: topSource: bizjournalsAug 23rd, 2018

Centre readies Rs 200-bn irrigation package for drought-hit Maharashtra

On completion of the projects, an extra 7.75 lakh hectares of land will come under irrigation in the state.....»»

Category: topSource: business-standardMay 26th, 2018

Tamil Nadu protests: Sterlite plant non-operational after 9 dead in clashes

Protesters have alleged that the plant was polluting groundwater in their area; CM Palaniswami announced a compensation of Rs 1 million (Rs 10 lakh).....»»

Category: dealsSource: nytMay 22nd, 2018

About 4 mn jobs created in 7 months till March, says EPFO"s payroll data

As many as 39.36 lakh new jobs were created during 7-month period ending March this year, as per the latest retirement fund body EPFO's payroll data. According to the latest data, as many as 6.13 lakh new jobs were created in the.....»»

Category: personnelSource: nytMay 22nd, 2018

Govt earns Rs 14 bn as revenue from e-tourist visa since its launch in 2014

Union Home Ministry officials said the popular e-Visa scheme was availed by 19 lakh tourists in 2017 and it is expected that more than 25 lakh tourists will avail the facility in 2018......»»

Category: topSource: business-standardMay 20th, 2018

Amit Khare named I&B secretary in bureaucratic reshuffle

Amit Khare had, in June 1996, reportedly exposed the multi-crore fodder scam, involving the then Bihar chief minister Lalu Prasad.....»»

Category: topSource: business-standardMay 18th, 2018

TVS Motor Company Q4 profit misses expectations, rises 31% to Rs 1.66 bn

The company's total exports grew by 45.3 per cent to 1.61 lakh units in the fourth quarter of 2017-18 as compared to 1.11 lakh units in the year-ago period.....»»

Category: topSource: business-standardMay 16th, 2018

Railways fines contractor Rs 100,000 for storing water bottles in toilet

This comes days after another contractor was slapped with a fine of Rs one lakh by the Railways after a video surfaced suggesting that water from a train toilet was being used to prepare tea and coffe.....»»

Category: topSource: business-standardMay 8th, 2018

CAI retains April cotton output estimate at 36 million bales

n Gujarat the total output was estimated at 105 lakh bales this season compared to 89 lakh bales last year.....»»

Category: topSource: business-standardMay 8th, 2018

Modi Cabinet approves "investment bonanza" for 2,23,000 senior citizens

As of March 2018, a total number of 2.23 lakh senior citizens are being benefited under the pension scheme which guarantees a minimum pension of Rs 1,000 per month for a period of 10 years.....»»

Category: topSource: business-standardMay 2nd, 2018

TVS Motor posts 24% growth in April sales with 3 Lakh units

The company had sold a total of 2,46,310 units in the same month in 2017.....»»

Category: topSource: business-standardMay 1st, 2018