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Govt needs to clarify whether it wants oil price control or exports

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

Govt needs to clarify whether it wants oil price control or exports
Updated On : 24 May 2022 | 6:08 AM IST

Dornier 228: India's first indigenous commercial flight

The indigenously built Dornier 228 aircraft was, for the first time, used to carry passengers in Assam's Dibrugarh last month. Take a peek into the aircraft built by Hindustan Aeronautics Ltd

Dornier 228: India's first indigenous commercial flight
Updated On : 24 May 2022 | 7:00 AM IST

India's entry-level cars lose steam as buyers wait it out in inflation

Industry's shift to more expensive models and international chip shortage drag down volumes to a 7-year-low

India's entry-level cars lose steam as buyers wait it out in inflation
Updated On : 24 May 2022 | 2:39 AM IST

WEF forms Indian CEOs' alliance to supercharge race to 'net-zero'

India is more conscious of going for green energy than any other country, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday

WEF forms Indian CEOs' alliance to supercharge race to 'net-zero'
Updated On : 24 May 2022 | 2:36 AM IST

GAIL India moves NCLT to recover Rs 9,942 crore Uttam Galva dues

Dispute arises as resolution professional accepted only Rs 167 crore of claims

GAIL India moves NCLT to recover Rs 9,942 crore Uttam Galva dues
Updated On : 24 May 2022 | 6:10 AM IST

The curious case of $1-billion SBI loan to debt-ridden Sri Lanka

SBI has been designated by the RBI as one among the domestic systemically important banks (D-SIBs)

The curious case of $1-billion SBI loan to debt-ridden Sri Lanka
Updated On : 24 May 2022 | 6:10 AM IST

Tata Sons likely to earn record Rs 27,797 crore from its listed firms

The analysis is based on the annual dividend paid/declared by listed Tata group companies every financial year

Tata Sons likely to earn record Rs 27,797 crore from its listed firms
Updated On : 24 May 2022 | 6:10 AM IST

Adanis commit $75 million in Borouge's $2-billion IPO, says report

Seven cornerstone investors have agreed to subscribe for $570 million worth of shares in the IPO

Adanis commit $75 million in Borouge's $2-billion IPO, says report
Updated On : 24 May 2022 | 2:28 AM IST

States seek legal views on Supreme Court ruling before GST Council meet

While many states want to extend the GST compensation regime beyond June 2022, the Centre's view stands that the compensation will be given to states only until that time

States seek legal views on Supreme Court ruling before GST Council meet
Updated On : 24 May 2022 | 6:10 AM IST

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

The acquisition will make the Adani family the second biggest cement maker in India after Ultratech

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6
Updated On : 24 May 2022 | 2:20 AM IST

Aditya Birla Fashion to sell minority stake to private equity firms

On Monday, the stock closed flat at Rs 273 a share, thus, giving a total market valuation of Rs 25,618 crore to the company

Aditya Birla Fashion to sell minority stake to private equity firms
Updated On : 24 May 2022 | 2:19 AM IST

Centre asks Air India employees to vacate housing colonies by July 27

Employees will have to pay penalties and lose retirement benefits if they don't move out, says memo.

Centre asks Air India employees to vacate housing colonies by July 27
Updated On : 24 May 2022 | 2:15 AM IST

Serum Institute likely to launch cervical cancer vaccine in India in Nov

Country now depends on foreign companies and Serum's product is likely to bring down prices.

Serum Institute likely to launch cervical cancer vaccine in India in Nov
Updated On : 24 May 2022 | 2:10 AM IST

Credit card spend jumps 48% to top Rs 1 trillion in March, shows data

The jump has been driven by the pickup in consumption as the pandemic recedes

Credit card spend jumps 48% to top Rs 1 trillion in March, shows data
Updated On : 24 May 2022 | 2:10 AM IST

We are truly seeing perfect storm of digitisation in India: AWS' Chandok

Company will support the government's plan to have Open Network Digital Commerce for e-commerce, says the senior executive.

We are truly seeing perfect storm of digitisation in India: AWS' Chandok
Updated On : 24 May 2022 | 2:08 AM IST

Zomato net loss triples to Rs 360 crore in Q4, revenue rises 75%

Food delivery firm says it has expanded to more than 300 new cities and it expects revenue growth to accelerate.

Zomato net loss triples to Rs 360 crore in Q4, revenue rises 75%
Updated On : 24 May 2022 | 2:06 AM IST

Govt changes contract rules for highways, project cost to be sole factor

For work under Hybrid Annuity Mode, operations and maintenance will not be a criteria anymore.

Govt changes contract rules for highways, project cost to be sole factor
Updated On : 24 May 2022 | 1:57 AM IST

New round of solar PLI to have 3 schemes for different product categories

Plans to include highest corpus to polysilicon manufacturing

New round of solar PLI to have 3 schemes for different product categories
Updated On : 24 May 2022 | 6:05 AM IST

WTO meet in June: India may not favour relief to food purchase under WFP

Government officials said India may not agree with the proposal as it will restrict its policy space to deal with domestic food security concerns

WTO meet in June: India may not favour relief to food purchase under WFP
Updated On : 24 May 2022 | 6:10 AM IST

Railways may scrap new dedicated freight corridors, enhance existing ones

Railways new assessment will delay DPR of new corridors by 5 months

Railways may scrap new dedicated freight corridors, enhance existing ones
Updated On : 24 May 2022 | 1:30 AM IST