Just after the controversy arose over State Bank of India (SBI) reportedly writing off loans worth Rs 7,000 crore, including that of Vijay Mallya-promoted Kingfisher Airlines, a letter has been written to the public sector lender by a sanitation worker in Nashik asking for a “similar”waive off on his Rs 1.5 lakh loan.
Indian energy giant Adani Group on Sunday announced its new venture for construction of two major solar projects in Australia next year as part of its efforts to develop renewable energy projects in the country with a total capacity of 1,500 MW within the next five years.
Post currency demonetisation, the cement sector is likely to witness 15-20 per cent demand drop until December 2016 and subdued 3 percent growth in the fourth quarter of this fiscal, a report said.
Saddled with mounting bad loans, as many as 16 public sector banks, including PNB, BoB and Canara Bank, skipped paying dividend in 2015-16, leading to three-fold decline in government receipts to Rs 1,444.6 crore.
The Union government plans to double the number of airports in the country over the next two to three years to serve the largely untapped domestic aviation industry which has seen an increase in passengers, Minister of State for Civil Aviation, Jayant Sinha has said.
Adani Enterprises on Saturday announced that it proposes to commence construction of two major solar projects in Australia next year, each with an output of 100-200 MW.
Union Minister of State for Labour and Employment Bandaru Dattatreya on Friday urged the Finance Ministry to deploy more mobile ATMs in labour areas to help the cash-strapped workforce.
In yet another jolt to beleaguered liquor baron Vijay Mallya, the Karnataka High Court on Friday ordered winding up of his now-defunct Kingfisher Airlines Limited for non-payment of dues to a UK-based firm.
Delhi government has issued strict instructions to all private hospitals to accept cheques, demand drafts and online payments from patients.
Earlier, 13 properties were put on the block in October and their combined reserve price was about Rs 1,400 crore.
A global Chinese software company is under the radar after the US media reported that it "left a backdoor" on its American users' Android phones to secretly send massive amount of user data to China every 72 hours.
With the domestic aviation sector on the "upswing", the government today said the regional connectivity scheme has got off to a very strong start and the bidding under UDAN has already seen as many as 20 registrations from operators.
Verizon-owned internet firm AOL said Thursday it is trimming jobs as part of a restructuring plan making priorities of mobile, video and data.
Coming up with a welcome move to help the air travellers, the Airports Authority of India (AAI) on Thursday allowed opening of allowed opening of currency exchange counters by scheduled commercial banks at its airports across the country.
As the boardroom battle deepens in Tata Group, Cyrus Mistry, evicted Tata Sons chairman on Thursday skipped two key meetings of the group's holding company and its crown jewel Tata Consultancy Services (TCS).
Industry body PHD Chamber on Thursday said the Goods and Services Tax (GST) and bankruptcy laws will emerge as facilitators for both inbound and outbound mergers and acquisitions (M&A) in the country.
The All India Association of Industries (AIAI) on Thursday urged the government to come out with new Rs 200 currency notes to help tide over the ongoing crisis following demonetisation of Rs 500 and Rs 1,000 notes.
The board of Tata Group's crown jewel TCS on Thursday met for the first time under the newly appointed Chairman Ishaat Hussain, but ousted chairman Cyrus Mistry, who continues to be a director, was not present.
As the Tata-Mistry battle rages on, two key board meetings will be held here on Thursday including one to seek removal of the ousted group chairman from the board of crown-jewel Tata Consultancy Services.
Google and Facebook has moved to cut off advertising revenue to fake news sites, after a wave of criticism over the role misinformation played in the US presidential election.