FE Bureau | November 11, 2017 5:32 AM
Microsoft Corp co-founder Bill Gates will visit Andhra Pradesh to participate in the AP AgTech Summit 2017 conference to be held in Visakhapatnam during November 15-17, 2017.
Cyber security: Narendra Modi government clears plan for Microsoft led consortium to train officialsRishi Ranjan Kala | November 11, 2017 5:31 AM
The government has approved a proposal made by an industry consortium led by tech major Microsoft to train chief information security officers (CISOs) and other information technology officers from the Centre, states, banks and public sector enterprises (PSUs) on cyber security-related challenges.
Rouhan Sharma | November 11, 2017 5:31 AM
The National Highways Authority of India (NHAI) is set to hold a meeting of its executive committee on November 16 to discuss the way forward in the matter of road developers that have been listed as defaulters and barred from bidding for further projects.
Power regulator KERC requests Karnataka government to reconsider fiat to clear PPA tariffs of Rs 4.5 per unitAnupam Chatterjee | November 11, 2017 5:31 AM
The Karnataka Electricity Regulatory Commission (KERC) has requested the state government to “reconsider” its earlier direction to approve power purchase agreements (PPAs) of 270.5 MW of wind power projects that were commissioned before March 31, 2017 at tariffs of Rs 4.50 per unit.
Sumit Jha | November 10, 2017 6:22 AM
The introduction of ICDS had helped India improve nearly 50 places on ‘ease of paying taxes’ parameter in the World Bank’s ‘ease of doing business’ ranking released earlier this month.
Surbhi Prasad | November 10, 2017 6:10 AM
According to the Haryana Real Estate (Regulation and Development) Act, projects that did not have an occupation certificate or had not applied for an OC as on the date of the notification of the Act would come within the purview of the Act.
FE Bureau | November 10, 2017 5:56 AM
In a bid to give a fillip to the housing sector, the government has raised the maximum amount that a Central government employee can borrow from the government for house-building to Rs 25 lakh from Rs 7.5 lakh earlier.
FE Bureau | November 10, 2017 5:48 AM
The executive committee of the Mumbai Metropolitan Region Development Authority (MMRDA) on Thursday approved the bids lodged jointly by L&T and IHI, and Tata Projects (TPL) and Daewoo E&C to construct the 22-km Rs 17,750 crore Mumbai Trans Harbour Link (MTHL) project.
In huge surprise, Tata Telecom is No. 1, Reliance Jio is No. 2 in subscriber additions in Aug in Trai listRishi Ranjan Kala | November 10, 2017 5:42 AM
The latest set of subscriber numbers by Trai is nothing short of surprises. In August, the top three operators — Bharti Airtel, Vodafone India and Idea Cellular — lost subscribers. But Tata Teleservices came out of the blue to take the top spot, adding the highest users and pushing Reliance Jio to the second spot, […]
Rishi Ranjan Kala | November 10, 2017 5:39 AM
The telecom industry has urged the government to consider creation of a financial vehicle that will handle raising of funds at competitive rates as well as subsuming the goods and services tax (GST) under the licence fee (LF) in the new national telecom policy (NTP-2018).
Saurabh Kumar | November 9, 2017 5:53 AM
ONGC Videsh (OVL) expects its associated petroleum gas plant coming up at its loss-making fields acquired from Imperial Energy in Russia’s Tomsk region to become operational by December 2018.
Deepa Jainani | November 9, 2017 5:48 AM
The Uttar Pradesh Electricity Regulatory Commission (UPERC) is set to hear Bajaj Energy’s petition against the termination of power purchase agreements (PPAs) by Uttar Pradesh Power Corporation (UPPCL) on Thursday.
Priyanka Ghosh | November 9, 2017 5:44 AM
A year after demonetisation, housing sales are yet to recover.
FE Bureau | November 9, 2017 5:40 AM
Civil aviation minister Ashok Gajapathi Raju on Wednesday strongly condemned the assault on a passenger by IndiGo staff and has sought an independent report from regulator Directorate General of Civil Aviation (DGCA), saying that fisticuffs are not acceptable in a civilised society.
FE Bureau | November 9, 2017 5:34 AM
The Central Board of Direct Taxes (CBDT) on Wednesday said the income accruing to non-residents due to indirect transfer or redemption of shares in a mulit-tier investment fund in India, held through upstream companies based abroad, will not be taxed, provided the fund already pays taxes on income.
FE Bureau | November 9, 2017 5:30 AM
Adani Power has signed a 25-year power purchase agreement (PPA) with Bangladesh Power Development Board (BPDB) to supply power to the neighboring country.
Kundankulam nuclear power project: Reliance Infrastructure is lowest EPC contract bidder, beats Tata Projects, L&TRouhan Sharma | November 9, 2017 4:06 PM
Reliance Infrastructure (RInfra) has emerged as the lowest bidder (L1) with a Rs 1,000-crore bid for an engineering, procurement and construction (EPC) contract at the Kudankulam nuclear power project in Tamil Nadu, which is being set up by the Nuclear Power Corporation of India (NPCIL) with Russian assistance.
Paradise Papers: Arun Jaitley calls publication of papers a great development; CBDT-led team to carry out probeRitu Sarin | November 7, 2017 6:02 AM
The multi-agency group (MAG) probing the Panama Papers will be reconstituted to monitor a probe and take “swift action” on Paradise Papers which uncover financial holdings abroad that list a number of Indian entities, the finance ministry said on Monday.
Ritu Sarin | November 7, 2017 5:59 AM
The Indian business family with the largest number of offshore entities in Appleby records are the Khemkas of the SUN group — with their firms having major interests in Russia, principally in the mining, aerospace and infrastructure sectors.
P Vaidyanathan Iyer | November 7, 2017 5:55 AM
The Hinduja Group, with revenues of over $25 billion and employing 100,000-plus people, effectively utilised a “trust” structure and its opaqueness to waive over $78 million in debt to a group holding company despite the trustees pointing out that the act would benefit the Hinduja family members, Appleby records show.
Banikinkar Pattanayak | November 7, 2017 5:51 AM
The government is considering making fresh capital infusion into public-sector banks (PSBs) under the recently announced Rs 2.11-lakh crore plan conditional for both weak and relatively strong banks, a senior official told FE.
Jammu and Kashmir Chief Minister Mehbooba Mufti said on Friday that “the real secular DNA of India” is not going to change, and that she had total faith in it.
FE Bureau | November 4, 2017 6:16 AM
Refusing to stay the linking of Aadhaar with mobile numbers and bank accounts, the Supreme Court on Friday left the issue to be decided by a Constitution bench in November.
World Food India: PM Narendra Modi hardsells a better ease of doing business to a galaxy of global corporate leadersFE Bureau | November 4, 2017 6:13 AM
Doing business in India is now easier than ever and the goods and services tax (GST) regime has eliminated multiplicity of taxes, Prime Minister Narendra Modi said on Friday, hardselling the country to a galaxy of global business leaders and policymakers at the World Food India event.
Centre will not take action against current petitioners in Supreme Court possessing banned Rs 500, Rs 1000 notesFE Bureau | November 4, 2017 6:10 AM
The Centre on Friday told the Supreme Court that it will not take any “criminal action” for possessing demonetised currency against those individuals/banks who have moved the apex court for extension of the deadline to deposit demonetised notes of Rs 1,000 and Rs 500.
Surbhi Prasad | November 4, 2017 6:06 AM
The Yamuna Expressway Industrial Development Authority (YEIDA) has urged the state government to cancel the lease of two land parcels of Jaypee Group, senior officials at the authority said.
FE Bureau | November 4, 2017 6:01 AM
A fortnight of protests over a rehabilitation package that had stalled the progress of the first phase of Adani Group’s Rs 7,525-crore Vizhinjam seaport came to a halt on Friday.
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