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The committee found that for the current fiscal also the power ministry had put forward a demand of Rs 31,519 crore, which was reduced to Rs 12,200 crore by the finance ministry.Business
Centre to install 18.5GW plants

Will junk 7.7GW power plants in favour of modern supercritical units.

17 April 2017 1:07 AM IST

Bharti AirtelBusiness
Airtel doles out free data to postpaid subscribers

Airtel is offering up to 30 GB of free data for the next three months for postpaid subscribers.

16 April 2017 5:16 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)Business
Withdrawal trend reverses in Jan Dhan a/cs; deposits up Rs1 lakh crore

Jan Dhan accounts swelled by Rs 1,000 crore to Rs 63,971.38 crore during the week ended April 5.

16 April 2017 5:06 PM IST

FIPB takes a call on proposals for FDI in ocuntry.Business
Government may soon allow 100 pc FDI in cash

FDI into the country grew 22 per cent to USD 35.85 billion during April-December of 2016-17.

16 April 2017 3:29 PM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapsesBusiness
Infosys to ramp up local hiring in US amid visa concerns

North American market accounted for over 60 per cent of Infosys' USD 10.2 billion revenue in the 2016-17 fiscal.

16 April 2017 3:27 PM IST

As per the scheme, Dish TV shareholders would be owning 1,066.861 million existing shares or 55.4 per cent of Dish TV Videocon, with Vd2h shareholders owning 857.791 million new shares or 44.6 per cent.Business
Dish TV expects to complete merger with Videocon d2h by Oct

Merged entity would have a subscriber base of 27.2 million, creating the largest DTH service provider in the industry.

16 April 2017 12:25 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.Business
Finance Ministry okays 8.65 pc interest on EPF

Finance Ministry had last year also decided to lower the EPF interest rate of 8.8 per cent for 2015-16.

16 April 2017 12:20 PM IST

On Friday, the rupee had gained 6 paise to end at 67.01 due to fag-end dollar selling by banks.Business
FPIs' net inflow at Rs 16,500 crore in April so far

FPIs had pulled out more than Rs 80,000 crore between October 2016 to January 2017.

16 April 2017 12:19 PM IST

The annualised fresh NPA generation declined to 4.1 per cent during the third quarter of 2016-17.Business
Credit growth plunges to over 60 year low at 5 per cent in FY17

Icra has projected gross NPAs to increase to Rs 7.5-7.7 trillion or 9.7-10 per cent for March 2017.

16 April 2017 12:18 PM IST

BSNL had recently said BSNL-MTNL combination will be \advantageous\ for both firms, given the synergies in areas like enterprise and mobile businesses.Business
Merger with BSNL desirable for strong pan-India play: MTNL CMD

BSNL and MTNL had a market share of about 9 pc of the total wireless subscriber base of 1.12 billion, as of Dec 31.

16 April 2017 12:16 PM IST

Representational ImageBusiness
Gold ,Silver hold prices steady at the bullion market

Gold prices held steady at Rs 29,950 per 10 grams,while Silver followed suit and ruled flat at Rs 43,000 per kg.

15 April 2017 5:13 PM IST

Ravi Venkatesan (Photo: Infosys.com)Business
Infosys co-chair's post'll create factions at IT major: liAS

IT and software major Infosys on Friday appointed Ravi Venkatesan as co-chairman at the company.

15 April 2017 5:01 PM IST

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