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In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

No proposal to merge BSNL and MTNL, says Manoj Sinha

The publicly-listed MTNL serves the national capital and financial capital alone.

18 May 2018 6:59 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Govt extends deadline for filing April GSTR-3B by 2 days

The government has extended the due date for filing GST summary sales returns for April by two days till May 22.

18 May 2018 6:51 PM IST

Prime Minister Narendra Modi waves at his supporters during an election campaign rally at Chikmagalur in Karnataka. (Photo: PTI)

Modi to lay foundation stones for Rs 10,000 cr projects in J&K

He will also lay the foundation stones for ring road projects in Srinagar and Jammu costing nearly Rs 3,884 crore.

18 May 2018 6:40 PM IST

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland Q4 net profit rises 40 per cent at Rs 667 crore

The company had reported a net profit of Rs 476.16 crore for the same period of the previous fiscal.

18 May 2018 4:24 PM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

Inflation to edge higher, May CPI likely around 4.6-4.7 pc: report

Even as monsoon is predicted to be normal this year, its uneven distribution could spike food prices.

18 May 2018 4:11 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex sinks 300 points to close below 35,000-mark

The 50-share NSE Nifty settled 86.30 points, or 0.81 per cent, lower at 10,596.40.

18 May 2018 4:10 PM IST

Ram Vilas Paswan

Govt keeps selling price of PDS grains unchanged for 1 more year:...

Foodgrains via ration shops are supplied at a highly subsidised rate of Rs 3 per kg for rice, Rs 2 per kg for wheat.

18 May 2018 4:04 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

RCom in talks with Ericsson to settle dues outside NCLT

Earlier this week, the NCLT in Mumbai admitted an insolvency petition filed by Swedish firm Ericsson against RCom.

18 May 2018 4:03 PM IST

Bajaj Auto said its total commercial vehicle sales during the month under review stood at 28,555 units

Bajaj Auto Q4 net profit up 36 per cent at Rs 1,175 crore

Bajaj Auto said it recorded its highest ever commercial vehicle volume of 3,69,637 units in the domestic market for...

18 May 2018 3:47 PM IST

Cambridge Analytica, whose clients included Donald Trumps 2016 presidential campaign, sought information on Facebook users to build psychological profiles on a large portion of the US electorate. (Photo: AFP)

Cambridge Analytica files for voluntary bankruptcy in US: court

It filed for voluntary Chapter 7 bankruptcy in the Southern District of New York, court filings showed.

18 May 2018 1:52 PM IST

Toyotas Entune software currently uses a version of Apples Siri voice-activated assistant.

Toyota expects sales to grow by 7-8 pc this fiscal

The manual transmission variants of the petrol powered Yaris are priced between Rs 8.75 lakh and Rs 12.85 lakh.

18 May 2018 1:36 PM IST

Shares of Syngene International were trading 0.36 per cent lower at Rs 605.20 apiece on BSE.

Biocon sells 1.88 per cent stake in Syngene for Rs 230 crore

Biocon, the promoter of Syngene International, on May 16, 2018 has sold 37,65,574 equity shares.

18 May 2018 1:01 PM IST