New Delhi (IANS) Seeking to ensure aviation biggies’ participate in the bidding for Air India sale, the government may dilute substantial ownership and effective control (SOEC) clause in the FDI guidelines for the airline sector. Official sources said the Department for … read more
New Delhi (IANS) Crisil Rating on Monday sharply revised India’s growth outlook for fiscal 2020 to 5.1 per cent from 6.3 per cent, citing a dip in fixed investment, weak private consumption growth, weak growth in tax collections and industrial production … read more
New Delhi (IANS) Coming out in strong opposition to the PSU disinvestment programme of the Modi government for companies like Air India, BSNL and BPCL, RSS affiliate, Swadeshi Jagran Manch (SJM) has slammed the move, saying that “strategic sales can be … read more
New Delhi (IANS) Chinese handset maker Xiaomi will launch its Mi Credit platform for personal loans in India on December 3. It is likely that the company will now unveil a revamped version of Mi Credit in the country. The smartphone … read more
New Delhi (IANS) Civil Aviation Minister Hardeep Singh Puri on Wednesday said in Rajya Sabha that national carrier Air India will have to close down if it is not privatised. He, however, said that a favourable deal would be ensured for … read more
New Delhi (IANS) With only a day left for the deadline to file the monthly GST Return Form 3B, the GST portal stopped working, forcing hassled taxpayers to gripe over the issue on Twitter. One user wrote: “The last day to … read more
New Delhi (IANS) NDTV’s auditors are of the view that there is significant doubt on the ability of the company to continue as a going concern. The report was submitted to the board of directors of NDTV on November 12 by … read more
New Delhi (IANS) After expanding its reach via codeshare to Europe in the West, India’s airline major IndiGo is now focusing singularly on expanding operations to China and beyond. As a strategy, the airline currently has limited its own flight operations … read more
New Delhi (IANS) A report by Anarock Property Consultants on Wednesday said that the stock of unsold housing units in the NCR would take at least 44 months to be sold off, the highest overhang period among the country’s seven major … read more
New Delhi (IANS) Fuel prices remained flat on Wednesday, after a continuous rise for five consecutive days. Crude oil prices also remained stabilised on soft demand in the international market. On Tuesday, petrol prices witnessed a whopping rise in four cities … read more