Industry
HDFC Bank aims to tap more rural MSMEs; plans to expand reach to 2 lakh villages in 2 years
Credit and Finance for MSMEs: HDFC Bank, which claimed to be the second-largest lender to the MSME segment in India, offers its services to MSMEs in over 550 districts in the country.
Fuel supply by Coal India to power sector rises 11% in August
Coal India which accounts for 80 per cent of the country's coal output had supplied 34.64 million tonnes (MT) of coal in August last fiscal, according to official data
New York court pauses tax suit to allow Cairn to settle dispute with India
This follows Cairn Energy and Air India jointly asking the court to stay further proceedings in view of the fresh government enacting a fresh law to scrap retrospective taxation in the country.
ICICI Pru Life in discussion for onboarding Account Aggregator system: Official
Procuring data from a single source will not only bring efficiency but will also help reduce the cost for the customers, he said.
Pelosi, Schumer and Indian cabinet ministers to address annual leadership summit of USISPF
The fourth Annual Leadership Summit of USISPF to be held from September 29 to October 1
Outlook for gas: Plant load factor to double by FY25; fertiliser and power sectors to benefit from move
Fertiliser and power sectors are the largest consumers of natural gas, consuming 51% of total gas available in the country.
Quality stamp for electronics must; Dept of Telecommunications lists items for test
Product standardisation will kick in from July 2022
Primary agriculture cooperative societies to get larger role in running farm schemes: Amit Shah
Just about two decades ago, credit cooperatives covered 69% of the rural credit outlets and their share in rural credit was fairly impressive, at 45% of the total rural credit in the country.
Reliance Infra board approves raising Rs 737 crore as foreign currency convertible bond
The unlisted bonds will be convertible into equity shares of Rs 10 each at a conversion price of Rs 111 per equity share, a premium of Rs 101, and 19.70% more than the floor price.
Rupee Coop Bank depositors oppose DICGIC decision to pay Rs 5 lakh to account holders of stressed coop banks
Besides PMC, the large banks include Rupee Cooperative Bank, Kapol Cooperative Bank, Maratha Coop Bank, and City Coop Ban, all from Maharashtra.
1.66 cr informal workers registered on e-Shram portal
The minister handed over the cards in person to 10 workers, who would now be able to avail the benefits of government schemes, wherever they are in the country, the ministry said in a release.
Financial bids received to be opened after technical bid scrutiny: Union Civil Aviation Minister Jyotiraditya Scindia on Air India divestment
Currently, the technical bids are being scrutinised. Financial bids will be opened only after scrutiny of technical bids," the Civil Aviation Minister told reporters here.
Realme Narzo 50A, Realme Narzo 50i launched in India: Check features, price
So far as the cost of the new Realme Narzo 50A in India is concerned, the phone will cost Rs. 11,499 for the 4GB RAM + 64GB storage variant and Rs. 12,499 for the 4GB RAM + 128GB variant.
Flipkart is changing ‘The Big Billion Days’ dates to October 3-10
In the past too, the two companies have gone head to head during the festive season with their sale events, offering great deals, new launches and attractive affordability options like EMI offers via
West Bengal: Jute committee suggests govt not to enforce permanent workers clause in mills
The committee was setup in 2019 and was entrusted to categorise workmen in jute industry besides maintenance of certain category of workers.
IndiGo says no direction to company in arbitration award related to promoters’ feud
In a regulatory filing, InterGlobe Aviation said it is in receipt of the final arbitral award, dated September 23, issued in the arbitration proceedings wherein the company was also named as a respond
WPP settles with US SEC charges of bribery in India, other FCPA violations; to pay $19 mn to watchdog
In July 2011, WPP acquired a majority interest in an agency located in Hyderabad which became a FIC entity within a WPP Network.
MP govt has begun process to set up diamond park in Panna: Chouhan
Panna district, located over 380 km from Bhopal, has reserves estimated to be containing diamonds totalling 12 lakh carats, according to officials
Scooter review: Hero Electric Optima HX very practical, but not yet aspirational
The Optima HX is great fun to ride around home, for daily errands such as buying groceries, and it has a dual battery option so that you don’t have to visit a charging station, ever.
RBI allows banks to sell fraud loans to asset reconstruction companies
“The transfer of such loan exposures to an ARC, however, does not absolve the transferor from fixing the staff accountability as required under the extant instructions on frauds,” the RBI said in
Commercial banks account for over 93% of premium payments to DICGC in FY21
Commercial banks, including local area banks (LABs) and regional rural banks (RRBs), paid a total premium of Rs 16,341 crore in 2020-21, while co-operative banks paid Rs 1,176 crore.
Mispricing of risks cause for concern: SBI chairman Dinesh Kumar Khara
“We have started seeing traction (in credit demand) from public sector enterprises and some private sectors are also coming for fresh investment,” he said.
Report leak: Probe to continue, Delhi High Court raps Google for writing to CCI chief
"There are accusations against a government body and there is not a word (in Google's affidavit) showing when and how it was done... They are trying to frustrate the proceedings. If they are aggrieved
Labour codes: Draft rules released by 15 states, yet reforms may not be rolled out in FY22
The Union labour ministry had planned to implement the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021.
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