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The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Pawan Hans stake sale: Govt extends deadline for initial bids

The previous deadline for expression of interest (EoI) was to end on Wednesday.

13 Sept 2018 1:20 PM IST

BlackBerry hired Kokes in mid-2014 to lead its patent monetization strategy, as the Canadian handset maker turned software company looked to turn a trove of foundational technology patents collected in its heyday into hard cash to help augment its shrunken revenue.

BlackBerry to spark ultra-secure hyperconnectivity with new EoT...

BlackBerry Spark stands as the only platform designed and built for ultra-security and industry-specific...

13 Sept 2018 1:11 PM IST

Prime Minister Narendra Modi (Photo: File)

Cabinet approves policy to promote and incentivise hydrocarbon...

The policy aims to build a supportive ecosystem through academic and research institutes, industry-academia...

13 Sept 2018 12:58 PM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Govt determined to contain fiscal deficit at 3.3 per cent

The official said a depreciating rupee and high crude import bill would definitely put pressure on the country's current...

13 Sept 2018 12:49 PM IST

Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent across tenors.

United Bank of India increases lending rate by 5 basis points

The one-year MCLR has been increased to 8.85 per cent from 8.80 per cent.

13 Sept 2018 12:40 PM IST

Railway Minister Piyush Goyal.

UPA govt gave loans blindly, weakened banking sector: Piyush Goyal

The bank losses increased from Rs 18,000 crore to Rs 53,000 crore in UPA years, Piyush Goyal alleged.

13 Sept 2018 11:54 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB invites bids from ARCs for 21 NPA accounts to recover Rs 1,320 cr

The scam-hit lender made NPA recoveries of over Rs 7,700 crore in the first quarter of 2018-19.

13 Sept 2018 10:19 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Fiscal incentives for projects to improve oil recovery

Conventional oil and gas fields see output decline and recovery rate drop as they age.

13 Sept 2018 10:04 AM IST

How Kochhar got clean chit in 15 minutes, asks shareholder

The bank's shareholders also sought stern action from the bank on any misdoings on the part of Kochhar.

13 Sept 2018 9:52 AM IST

Prime Minister Narendra Modi on Sunday said the challenge now before the government is to take the economic growth rate to double digits, for which many important steps would have to be taken. (Photo: ANI/Twitter)

PM Modi calls high-level emergency meet on Saturday to review economy

Free-fall of rupee and relentless hike in oil prices top agenda of Saturday meeting with Finance Minister and RBI...

13 Sept 2018 9:39 AM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Air India to sell land, flats worth Rs 300 crore

The revival plan for Air India has been discussed at various levels of the government.

13 Sept 2018 9:27 AM IST

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal.

ArcelorMittal assails NCLAT order in SC, reluctant to pay Rs 7,000 cr

NCLAT had asked ArcelorMittal to clear the stigma of defaulter by clearing the dues of its then subsidiaries.

13 Sept 2018 9:23 AM IST