The Centre requested states to crack down on hoarders of essential commodities ahead of the festival season, and if necessary, create a special police department for the purpose. As of now, only Tamil Nadu has a special police department dedicated to prevention of hoarding and other price manipulation of essential commodities. At a meeting held […]
A memorandum of understanding was signed between the Central Council for Research in Ayurvedic Sciences (CCRAS) and University of Latvia to provide a structured framework for taking forward academic research activities in Ayurveda. An Ayurveda professor will be sent to the University through deputation. University of Latvia had developed the first Ayurveda professional development course […]
Tata Power’s South African joint venture Cennergi started commercial operations at its 95 MW Wind farm project in South Africa’s Tsitsikamma Community. The wind farm comprises of 31 V-112 3.075 MW Vestas, high-wind turbine with very high capacity factor. As the preferred bidder, Cennergi was selected for two wind projects under the second window of the Renewable […]
Sun TV Network profit rose by 19% to Rs 233.06 cr due to a sharp fall in depreciation costs. Depreciation and amortisation charges fell by around Rs 30 cr while net profit increased by Rs 37 cr. Revenue growth was muted at 10%. Subscription revenue grew by 22% to Rs 232.13 cr, but the company did […]
NIIT opened a new delivery center in Dublin, Ireland, which would create 100 more jobs over the coming months. NIIT’s Dublin centre of excellence is located in Dublin City University ALPHA, a research-intensive innovation campus. The centre will provide managed training services to leading Companies in Europe and North America, said the company, a leader […]
BMW announced the dates of its experience tour to be held in Thrissur district in Kerala on the 20th and 21st of this month. The venue will be Corporation ground in Paravattani added the company. Participants will be allowed to test drive and know more in detail about the BMW models, services and offerings, the […]
Tata-owned Indian Hotels Co Ltd denied reports that it was in talks with Hyderabad-based GVK Reddy family to merge their joint venture Taj GVK with Indian Hotels. The company was reacting to a news item in CNBC TV18 news channel claiming that the GVK family was negotiating a swap ratio for merging the two companies. […]
Chetan Bhagat has never shied away from politics and controversy. In fact, he seems to revel in it. It’s hardly surprising, therefore, that his latest book — One Indian Girl — touches upon the politically sensitive topic of Feminism and female liberation. And going by reaction to the books ‘teaser’ on social media, he seems […]
Transport Corporation of India reported a revenue growth of 7.8% and said the company is expecting to deliver double-digit profit and revenue growth this year in the wake of the introduction of the Goods and Services Tax. The GST, which simplifies the sales tax regime in India, is expected to give a major boost to interstate commerce, […]
Religare Enterprises Ltd, a diversified financial services group, said its wholly owned subsidiary Religare Global Asset Managment Inc USA completed its exit from Landmark Partners LLC and its subsidiaries. Landmark is a private equity and real estate investment company specializing in secondary funds. It had assets under management of $15.1 billion with about 16,000 underlying […]
GoAir’s said it will start seven new flights from 21 August which would connect Delhi to Jaipur, Lucknow, Mumbai, Pune and Guwahati. Four direct flights connect Delhi, Jaipur and Lucknow. In addition, there will be three connecting flights start from Guwahati, Mumbai and Lucknow and lands at Jaipur, Lucknow and Pune respectively via Delhi. Almost all […]
Sentiment in the Indian private sector remains low, even as individual consumption is starting to pick up, Singapore-based DBS bank said. “Industrial lending slowed to 0.5% year on year in Apr-May in contrast to the personal loans that jumped 19.4%,” the bank said in a note to its clients. DBS said a combination of factors has […]
Eveready Industries India and Surya Roshni Ltd said they received contracts to design and supply external batten LED tube lights on pan-India basis to Energy Efficiency Services Ltd., a joint venture of public sector unions of Power Ministry. Eveready said the total value of the contract will be around Rs 17.94 cr, while Surya Roshni said it will […]
Vamaship,a company that connects shippers with logistic companies, said it has launched new service for international e-commerce shipping from Mumbai for the gems and jewellery industry starting from Rs 999 onwards for door-to-door delivery. The customer can book the shipment on the Vamaship website and track shipments through their mobile app and on the platform […]
The State Bank of India said it has approved its merger with another two banks, State Bank of Patiala and State Bank of Hyderabad, taking the total of such banks to six. Yesterday, the SBI had said it had approved its merger with four banks including State Bank of Mysore, Travancore and SBBJ. “State Bank […]
Razorpay, an online payments platform, today, announced the launch of “Flash Checkout”, which will cut down transaction times by 60% when the card is saved with Razorpay, further simplifying online payments. The card saving feature in Flash Checkout will help merchants increase customer retention and improve transaction speeds earlier merchants had to write complex integration’s […]
Employees of associate banks will get only 15 days to decide whether to accept a new job with the State Bank of India or opt for voluntary retirement via an ‘option letter’ that will given to them as part of the merger of India’s largest bank with its four associates. The terms and conditions regarding […]
The wages of Khadi artisans are set to rise up to 100% and more with the Khadi & Village Industries Commission (KVIC) approving a wage hike, the government said. The wages were raised from Rs 90 to Rs 190 per day along with assistance for marketing their product the government added. The increase in wages […]
The Supreme Court has directed all manufacturers and dealers of Delhi & National Capital region selling diesel cars with engine capacity of 2000 cc and above, to pay 1% Environment Protection Charge. Supreme Court’s instructions came in the matter of M.C Mehta vs Union Vehicular Pollution Case: Diesel Emission) of India on Environment Protection Charge. […]
Department of Revenue and Central Board of Excise and Customs (CBEC) have started holding interactive sessions with industry representatives to understand and address the apprehensions and concerns of the various stakeholders about GST and also provide a platform for business to express their views on important aspects of the new system. The three-day consultations started yesterday. […]
