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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.

BSNL facing challenge in crediting month's salary on Aug 30: source

BSNL's loss is estimated to be around Rs 14,000 crore with a decline in revenue to Rs 19,308 crore during 2018-19.

31 Aug 2019 10:35 AM IST

$5.76 billion in FDI equity inflows was received by the food processing sector from 2010-11 to 2015-16.

Amazon and Indian trader group in public spat over discounts

New FDI rules that took effect from February were designed to help small traders by curbing heavy online discounting.

31 Aug 2019 10:29 AM IST

FMCG prices will go up once some of the costlier alternative materials are used.

No solution yet on multi-layered FMCG packaging waste

But concerted efforts to address this waste management issue are still missing.

31 Aug 2019 1:48 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Govt unveils mega-mergers of PSU banks for economy boost

Number of public sector banks falls to 12, from 27 in 2017.

31 Aug 2019 1:46 AM IST

Notably, 22 per cent of firms still foresee rates rising by up to 50bps over the next 12 months.

C-suite execs see modest demand momentum over next 12 months

Only one-third of the respondents expected double-digit growth in overall demand.

31 Aug 2019 1:46 AM IST

The site-specific irrigation solutions launched in India has been developed keeping in mind smaller size of farm plots and to help farmers improve their irrigation and water management efficiencies.

Israeli firm brings in irrigation intelligence

The software based solution provides farmers inputs on how much to irrigate and when to irrigate depending on the...

31 Aug 2019 1:43 AM IST

The purported letter written by Siddhartha before his death contained statements alleging harassment by the income tax department and pressure from private equity partners.

CCD ropes in retired CBI DIG for probe

Ashok Kumar Malhotra, retired DIG of CBI will also scrutinize the books of accounts of the company and its subsidiaries.

31 Aug 2019 1:41 AM IST

Total Kharif area sown dropped by 17.67 per cent at 1,009.50 lakh hectares, primarily due to rice.

Normal rains in most regions, only rice hurt

Despite normal monsoon, sowing for rice and all key cereals has been low this year, compared to the same period the...

31 Aug 2019 1:39 AM IST

The credit book of Dena Bank de-grew during this period.

Consolidation of PSBs may choke fresh loans

The credit book of Dena Bank de-grew during this period.

31 Aug 2019 1:31 AM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

India's economic growth at 6-yr-low with GDP growth at 5pc in June...

Slowdown attributed to dull performance to low consumption, delayed monsoon, rising global trade tensions affecting...

30 Aug 2019 7:33 PM IST

The mergers are part of the governments attempt to consolidate the public sector banks. (Photo: ANI)

Changes to expect after FM's announcements on PSU bank mergers

Finance Minister Nirmala Sitharaman said, 'We want banks with strong national presence and enhanced risk appetite.'

30 Aug 2019 7:14 PM IST

Finance Minister Nirmala Sitharaman (Photo: File)

From 27 to 12, Finance Minister announces mega PSU bank mergers

Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.

30 Aug 2019 4:55 PM IST