PSBs stake sale: Centre puts these 8 banks on first list

PSBs stake sale: Centre puts these 8 banks on first list

The government is considering diluting its stake on a priority basis in those banks where its shareholding is above 75%, as it mulls ways to gather resources to boost the capital base of public sector banks (PSBs) struggling with massive bad assets.

Corporate results: Even as early festive season drives sales, margins get capped; here is why
Corporate results: Even as early festive season drives sales, margins get capped; here is why

Numbers from the early birds show that in the absence of any discernible improvement in demand, competition remains fierce limiting margin expansion and profit growth.

How cheap Reliance Jio, Airtel offers plus affordable smartphones set online streamers Hotstar, JioPlay, Netflix on fire
How cheap Reliance Jio, Airtel offers plus affordable smartphones set online streamers Hotstar, JioPlay, Netflix on fire

India’s app ecosystem is becoming increasingly fertile with as many as 30 apps now commanding a meaningful viewership. Although, the penetration of smartphones in the country is just around 34%, they are becoming increasingly more affordable at sub $100.

Pune municipal bonds: The way forward example for Indian cities hits wall; see what happened to this star
Pune municipal bonds: The way forward example for Indian cities hits wall; see what happened to this star

After the fanfare surrounding the maiden issue of municipal bonds by the Pune Municipal Corporation (PMC), which was touted as the way forward for India’s cities, has come an anti-climax: the authorities putting on hold the project for which the Rs 200 crore was raised.

In big relief, Smart Cities delayed projects to get a foreign booster; find out how

Ministry of housing and urban affairs will get experts in planning and development of smart cities from France in order to bring the delayed smart city projects on fast track.

Centre must note, in no other countries are telcos fleeced as much as in India
Centre must note, in no other countries are telcos fleeced as much as in India

Though initial news coverage of the Inter-Ministerial Group (IMG) meetings on resolving the crisis in the telecom industry suggested its major recommendation was only to give embattled telcos more time to pay for their spectrum.

Where will the jobs of future come from and what will they be like? Shockingly, no one knows
Where will the jobs of future come from and what will they be like? Shockingly, no one knows

The recently appointed Economic Advisory Council (EAC) to the Prime Minister, led by economist Bibek Debroy, has a tough job at hand—to propel economic growth in a fashion that will create jobs.

TECHNOLOGY

This technology may speed up home Internet
This technology may speed up home Internet

A new technology promises to speed up slow Internet at home, say researchers, adding that the new hardware can enable speed up to 10,000 megabits-per-second (Mbps) or 10 gigabits-per-second (Gbps).

HEALTH

New pneumonia vaccine to provide most comprehensive coverage
New pneumonia vaccine to provide most comprehensive coverage

Scientists have developed a vaccine that targets dozens of pneumonia causing bacterium strains and anticipates future versions of the bacteria, providing the "most comprehensive" coverage of pneumococcal disease such as sepsis and meningitis.

SCIENCE

ISS astronauts take a spacewalk to install new camera system
ISS astronauts take a spacewalk to install new camera system

Two astronauts aboard the International Space Station (ISS) have completed a spacewalk to install a new camera system on the orbiting laboratory's robotic arm, replacing a blown fuse and installing a new high definition camera on the starboard truss of the station.

Horoscope: By Peter Vidal

Today ( 23 Oct )This Week ( 22 Oct - 28 Oct )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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