New Delhi, Aug 27: In an effort to tap potential medal hopes for the 2024 Paris Olympics, Union Steel Minister Chaudhary Birender Singh launched a corporate sports policy here on Monday.The sports policy is aimed at providing a framework for Central Public Sector Enterprises (CPSE) under the steel ministry for their sports promotion besides...
Mumbai, Aug 27: A major deadline in the process of resolving the country's most pressing corporate and banking problem of NPAs, or bad loans, is ending on Monday with the RBI having set a six-month time frame for finalising resolution plans for around 70 large stressed accounts worth over Rs 3.8 lakh crore.In a...
Mumbai, Aug 27: Reliance Communications (RCOM) has completed the sale of its fiber and related infrastructure assets, worth Rs 3,000 crore, to Reliance Jio Infocomm Limited (RJIO).According to the company, the transaction covers fiber assets of over 178,000 km across India. With the successful completion of the fiber monetisation transaction, 178,000 km of fiber stand...
New Delhi/Dehradun, Aug 27: Budget passenger carrier SpiceJet on Monday successfully operated India's first test flight partially powered by bio-fuel.A concoction of bio-fuel mixed with aviation turbine fuel (ATF) powered a SpiceJet's Q400 flight which was flew on Monday. The flight took off from Dehradun to Delhi. It was received by Cabinet ministers and airline...
Mumbai, Aug 27: The key Indian equity indices -- SP BSE Sensex and the NSE Nifty50 -- crossed the psychological marks of 36,700 points and 11,700 points for the first time on Monday before closing the day's trade just below the landmark levels.Supported by firm global cues, the Sensex and the Nifty 50 touched...
New Delhi, Aug 27: Telecom major Airtel on Monday announced free three month access of the online video streaming platform Netflix for select Airtel postpaid and V-Fiber Broadband plans.Airtel would announce details of eligible postpaid mobile and home broadband plans over the coming weeks, a statement from Airtel said. According to the statement, customers using...
New Delhi, Aug 27: Software major Tech Mahindra on Monday announced its partnership with Microsoft to create a Blockchain-based solution to fight the spam call menace.According to the Telecom Regulatory Authority of India (TRAI), unsolicited commercial communication (UCC) or spam calls are a major nuisance to telecom subscribers across the country. TRAI has been...
New York, Aug 25: US stocks closed higher as investors digested a batch of economic data.The Dow Jones Industrial Average on Friday rose 133.37 points, or 0.52 per cent, to 25,790.35. The SP 500 was up 17.71 points, or 0.62 per cent, to 2,874.69, Xinhua news agency reported. The Nasdaq Composite Index increased 67.52 points,...
Kolkata, Aug 24: Raising concern over rising non-performing assets (NPA), West Bengal Finance Minister Amit Mitra on Friday said the banking sector is facing a serious crisis on the macroeconomic front.He also said that credit availability to micro, small and medium enterprises (MSMEs) is getting squeezed as many public sector banks are restrained from...
