RBI vs Finmin: Fiscal deficit under control, didn’t seek Rs 3.6 lakh crore from central bank, says Garg

As the spotlight is on the central bank’s Nov 19 board meet, DEA secretary says its capital framework is under review.

RBI vs Government: Parliament panel’s meeting with Reserve Bank governor called off

The parliamentary standing committee on finance has cancelled a crucial meeting with the RBI governor Urjit Patel that was scheduled to take place on November 12.

Supreme Court hearing on RBI circular next week, experts say scrapping of central bank diktat may kill IBC

According to experts, the RBI diktat is not stricter in comparison to the similar guidelines issued by other major central banks.

Bidding till November 19: SECI raises ceiling tariff for 10 GW solar auctions

The Solar Energy Corporation of India (SECI) has raised the ceiling tariff for auctions for the 10 gigawatt (GW) manufacturing-linked solar scheme to Rs 2.85/unit from Rs 2.75/unit set earlier. The ce

61.5% of 18 lakh registered firms were active in September: Data from MCA

As many as 39,791 companies were in the process of being struck off while 6,208 were under liquidation. Among those struck off, 102 companies were in the process of being reactivated.

No festive cheer for Auto Industry, October car sales grow marginally, snap three months of consecutive decline

Snap three months of consecutive decline; low market sentiments hit festive season demand.

Sony, Tata Sky still at loggerheads over price hike; consumers suffer

On October 1 and 2, 2018, Sony channel’s Kaun Banega Crorepati found its first Rs 1-crore winner of the season.

Renewal of Donimalai mine lease not helping NMDC

The renewal of lease by the Karnataka govt entails an added condition of payment of 80% of sale value as lease rental, which would make the operations unviable.

We intend to make India hub for exports to South Asia, West Asia, Africa: Manish Sharma, President & CEO, Panasonic India and South Asia

Japanese consumer electronics major Panasonic has invested Rs 450 crore in expanding its manufacturing facilities in India in the last three years under the ‘Make in India’ programme.

India Cements profit plunges 95% on dip in NPR, spike in variable costs

Hit hard by the 4% drop in net plant realisation coupled with a sharp 8% increase in variable costs, including fuel, India Cements has reported a 95% drop in its net profit for the quarter ended Septe

Internet Domain registrar GoDaddy bets big on SMEs

Internet domain registrar and web hosting company GoDaddy is trying to increase its market share and tap into a growing number of SMEs in India, trying to establish their presence online, through vigo

Non-food credit growth at 14.78%, register near five-year high

According to RBI data, outstanding loans to companies and individuals stood at `89.79 lakh crore on October 26, a tad higher than `89.48 lakh crore on October 12.

RCom settles case with Sebi over non-compliance with listing norms

Debt-laden Reliance Communications has settled a case with markets regulator Sebi over non-compliance with listing norms, including alleged failure to promptly inform about interest payment default on

Kerala plantations may take 5 years to recover from losses due to rains

The unprecedented monsoon and subsequent flood have caused widespread damages to the plantation sector and it may take the state more than five years to recoup the loss, Association of Planters of Ker

Volkswagen is planning a small e-car to challenge Tesla; sales of entry-level vehicle to start sometime after 2020

Sales of this entry-level vehicle could start sometime after 2020; it would be far cheaper than Tesla Model 3

Who was Elisa Leonida Zamfirescu? An engineered honoured by Google Doodle today on 131st birth anniversary

Search engine giant Google today honoured Elisa Leonida Zamfirescu.

Challenges of electric mobility: Metal-air tech can emerge as a viable option for EVs

Metal-air tech can emerge as a viable option for EVs

Volvo Cars rips up production plans: The Swedish brand cancels export to US-made S60 sedans to China

Volvo Cars is shredding production plans drawn up for much of its line-up in an effort to dodge tariffs the US and China have slapped on auto imports.

Torrent Pharmaceuticals rating ‘NR’: Q2 margins continued to impress

Results reflected further synergy gains from Unichem acquisition; EPS estimates for FY19-21 trimmed 1-4%.

US vs China: Internet is splitting into two as trade war rages

Western bigwigs were a no-show at China’s biggest web conference.

Digital payment transaction volumes rise to 244.8 crore in August 2018, says government

The number of digital payment transactions in India touched 244.81 crore in August 2018.

Intel to set up Tech Centre in Hyderabad

The delegation invited Rao to attend Intel Indias 20th anniversary scheduled on November 15, in Bengaluru, the release said.

Vikram Singh Mehta quits as independent director from Jet Airways board

The full service carrier is battling financial woes and has been delaying salary disbursement to its senior management, pilots and engineers since August.

Morgan Stanley sues Morgan Stanley for wrongful use of name

Goldman Sachs Group Inc. had a similar issue in 2015, when it insisted it had no relation to a Chinese firm using a nearly identical English and Chinese name.

50 cities on offer for city gas licensing round; is your city on list?

Fifty cities have been put up for bidding by oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) for grant of license to retail CNG and piped natural gas.

Infosys to roll out single-digit salary hike for senior employees from January 2019

Earlier this year, a survey by Aon India Consulting on annual salary increment predicted single digit average salary hike in Indian IT sector. Increments given this year by Indian IT companies are in

Jio, Airtel, other telecom operators to test non-Aadhaar KYC process in these cities

Telecom service providers have informed the Department of Telecommunications (DoT) about the sites to exercise the Proof of Concept (POC) of the new non-Aadhaar KYC process.

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