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While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Lenders take Essar Steel to NCLT

Bankers, led by IDBI Bank, will be meeting on Friday to decide on Bhushan Power & Steel which has been in default of Rs...

23 Jun 2017 4:37 AM IST

Alibaba founder, Jack Ma

Automation may trigger WW-III, warns Alibaba boss

A study by Oxford University suggested that 100 professions or occupations are at risk of being eliminated by automation...

23 Jun 2017 4:25 AM IST

Union Textiles Minister Smriti Irani

Textiles minister takes stock of industry's GST preparedness

Textiles minister also allayed the industry's concerns on the impact of the GST in the meeting.

22 Jun 2017 8:16 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPF members to get housing subsidy of Rs 2.67 lakh via HUDCO tieup

MoU will club the benefits of the Housing Scheme introduced by the EPFO for its subscribers and the PMAY.

22 Jun 2017 8:08 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways expands codeshare pacts with Air France, KLM Royal

Enhanced partnership will provide seamless connectivity to 12 news destinations in Europe

22 Jun 2017 7:54 PM IST

Finance Minister Arun Jaitley

Govt to launch National Data Repository on June 28

At present, the government selects and demarcates areas it feels can be offered for bidding in an exploration licensing...

22 Jun 2017 7:40 PM IST

Nirmala Sitharaman

Will recommend review of GST, Minister tells industries

No penalty would be imposed for three months if small and medium entrepreneurs failed to submit GST returns.

22 Jun 2017 7:39 PM IST

The state housing authority has identified a mere 650 houses for this years lottery.

Centre approves 1.27 lakh more houses for urban poor

Pradhan Mantri Awas Yojana (Urban) has reached 20.95 lakh since the launch of the scheme two years ago

22 Jun 2017 7:28 PM IST

It was not immediately clear if Qatar Airways would also suspend flights to other countries. (Photo: AFP)

Qatar Airways seeks 10 per cent stake in American Airlines

Qatar plans to buy at least $808 million in common stock of American Airlines.

22 Jun 2017 6:53 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI rejigs overseeing committee to monitor restructuring of bad loans

The reconstituted OC will work with an expanded mandate to review the restructuring of stressed assets.

22 Jun 2017 6:10 PM IST

Representational Image.

GSTN sets up call centre for enrolment queries

GSTN has partnered with IT giants Infosys and Tech Mahindra for launching the call centres.

22 Jun 2017 5:38 PM IST

Apples intentions to manufacture in Bengaluru will foster cutting edge technology eco system.

Govt seeks details of proposed investments in India from Apple

Apple has sought relaxation in the mandated 30 per cent local sourcing of components.

22 Jun 2017 5:27 PM IST