New Delhi (IANS) At least two out of the five petroleum products, including aviation turbine fuel or ATF and natural gas, are likely to be among the first set of petro products to be included in the Goods and Services Tax … read more
New Delhi (IANS) Larsen & Toubro has emerged as L1 for another package in the Bullet Train project – the country’s biggest infrastructure project till date. Larsen & Toubro emerged as the lowest bidder at Rs 7,289 crores for the C6 … read more
New Delhi (IANS) India’s oil import bill may fall further in the remaining period of the current fiscal with Saudi Arabia looking at giving discount in crude it sells to Asian Buyers. Analysts tracking the development said that the benchmark Dubai … read more
New Delhi (IANS) The government proposes to start afresh the process to firm up the list of companies for strategic sale and disinvestment as changed market dynamics post the Covid-19 outbreak and the need for distinguishing between strategic and non-strategic sectors … read more
New Delhi (IANS) SP Group has formally sought separation from Tata in the Supreme Court and argued that Tata Sons is effectively a two-group company. The Tata Group comprises Tata Trusts, Tata family members and Tata companies holding [ 81.6%] of … read more
Chennai (IANS) The Tata Group has decided to set up an electronics component manufacturing unit in Tamil Nadu, at an outlay of about Rs 5,000 cr, a state government official said. The official, who did not want to be identified, told … read more
New Delhi (IANS) Lender Yes Bank, which has shown a dramatic improvement in financial performance — even after paying back the Central Bank’s emergency funding — plans to accelerate its turnaround via boosting retail customer base by offering tech-enabled services. In … read more
New Delhi (IANS) India’s healthy debt to GDP ratio has created scope for raising investment funding for ‘National Infrastructure Pipeline’ through borrowings from overseas markets. According to Sanjay Aggarwal, President, PHD Chamber of Commerce and Industry, although, early signs of recovery … read more
New Delhi (IANS) The Central government on Friday said that it borrowed and transferred Rs 6,000 crore as first tranche to 16 states on account of GST compensation under the special borrowing window. The Centre has evolved a special borrowing window … read more
New Delhi (IANS) Seeing a tremendous growth in the cargo segment, airline major IndiGo might add freighter aircraft in its fleet. Industry insiders told IANS that the airline is evaluating a proposal to add freighter aircraft, which will help the company … read more