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Industry News

  • OYO expands to over 100 hotels in more th.. 19 Sep 2019 | 16:33 | Dion Global

    Hospitality firm OYO on Thursday said it has expanded its presence to over 100 hotels in more than ...more...

  • Plans to boost mineral output by 200% in .. 19 Sep 2019 | 16:33 | Dion Global

    Aiming to boost India's mineral output by 200 per cent in the next seven years, Union Minister Pral...more...

  • Govt to invite global players for roll ou.. 19 Sep 2019 | 15:12 | Dion Global

    In a bid to liberalise the coal sector, the government is planning to invite global players for the...more...

  • Par nod on pesticide and seed bills likel.. 19 Sep 2019 | 14:34 | Dion Global

    The government hopes to get Parliament nod on two long-pending Bills on pesticide management and se...more...

  • Massive crackdown required on grey market.. 19 Sep 2019 | 13:31 | Dion Global

    Lauding the government's decision to roll back 5 per cent import duty on open cell TV panels used t...more...

  • Sebi slaps Rs 35 lakh fine on promoters, .. 19 Sep 2019 | 11:35 | Dion Global

    Regulator Sebi on Wednesday imposed a total penalty of Rs 35 lakh on promoters of R T Exports Ltd a...more...

  • DPIIT notifies FDI relaxation norms in co.. 19 Sep 2019 | 11:34 | Dion Global

    The Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday notified the recen...more...

  • Rupee opens 24 paise down at 71.36 agains.. 19 Sep 2019 | 11:07 | Dion Global

    The Indian rupee opened 24 paise down at 71.36 against the American currency on Thursday after the ...more...

  • Jio adds 85.39 lakh users in July; Airtel.. 19 Sep 2019 | 09:59 | Dion Global

    Mukesh Ambani-led Reliance Jio added 85.39 lakh mobile users in July, while arch rivals Bharti Airt...more...

  • Trai invites public comments to review mo.. 19 Sep 2019 | 09:55 | Dion Global

    Telecom regulator Trai on Wednesday invited public views to review the January 1, 2020 deadline for...more...

  • Def Min approves project on writing histo.. 18 Sep 2019 | 17:28 | Dion Global

    Defence Minister Rajnath Singh has approved a first-of-its-kind project under which the history of ...more...

  • Fund raising via NCDs drop 67% on lower i.. 18 Sep 2019 | 16:35 | Dion Global

    Indian listed firms raised around Rs 7,000 crore by issuing NCDs in the first five months of this f...more...

  • RBI extends directions for Vasantdada Nag.. 18 Sep 2019 | 16:32 | Dion Global

    The Reserve Bank of India said in a press release that, in the public interest, it had issued direc...more...

  • India Post starts speed post service to s.. 18 Sep 2019 | 16:29 | Dion Global

    India Post on Wednesday expanded speed post service to six new foreign destinations in Asia, Europe...more...

  • Govt ropes in Chinese firm for coal gasif.. 18 Sep 2019 | 16:27 | Dion Global

    The Centre on Wednesday said it has roped in Chinese firm Wuhuan Engineering for coal gasification ...more...

  • Govt approves ordinance to ban production.. 18 Sep 2019 | 15:52 | Dion Global

    The Union Cabinet on Wednesday approved an ordinance to ban production, import, distribution and sa...more...

  • RBI extends directions for Padmashri Dr. .. 18 Sep 2019 | 15:48 | Dion Global

    The Reserve Bank of India said in a press release that, in the public interest, it had issued direc...more...

  • Petrol, diesel prices see steepest hike s.. 18 Sep 2019 | 15:29 | Dion Global

    Petrol and diesel prices were on Wednesday hiked by 24-25 paise per litre, the steepest increase si...more...

  • Govt scraps 5% import duty on open cell T.. 18 Sep 2019 | 12:47 | Dion Global

    In a bid to boost domestic manufacturing, the government has removed 5 per cent custom duty imposed...more...

  • Small towns account for 15.3% of MF asset.. 18 Sep 2019 | 11:21 | Dion Global

    Small towns or B30 cities contributed 15.3 per cent to mutual fund industry's assets under manageme...more...

  • Investing in mutual fund becomes cheaper .. 18 Sep 2019 | 11:19 | Dion Global

    Investing in mutual funds has become less expensive in India due to several investor-friendly measu...more...

  • Rupee rises 35 paise to 71.43 against USD.. 18 Sep 2019 | 10:56 | Dion Global

    The Indian rupee appreciated by 35 paise to 71.43 against the US dollar in early trade on Wednesday...more...

  • Indian Railway Board introduces massive S.. 18 Sep 2019 | 10:45 | Dion Global

    Vinod Kumar Yadav, the Chairman Railway Board, along with Member Rolling Stock, Rajesh Agrawal, Mem...more...

  • Railway Minister Flags off new passenger .. 18 Sep 2019 | 10:44 | Dion Global

    Piyush Goyal, the Minister of Railways and Commerce & Industry, flagged off new passenger Train No....more...

  • IRCTC to begin 'Bharat Darshan' tourist p.. 18 Sep 2019 | 10:05 | Dion Global

    IRCTC is starting a special Bharat Darshan tourist package from September 27, covering places relat...more...

  • Coal Ministry signs Allotment Agreement W.. 17 Sep 2019 | 17:16 | Dion Global

    Central Government, on September 16, 2019, entered into an Allotment Agreement with the West Bengal...more...

  • No slowdown in automobile sector, claims .. 17 Sep 2019 | 14:42 | Dion Global

    Traders body CAIT on Tuesday said there is no slowdown in the domestic automobile sector and the in...more...

  • Rupee slips 28 paise to 71.88 against USD.. 17 Sep 2019 | 11:01 | Dion Global

    The rupee opened on a cautious note and fell 28 paise to 71.88 against the US dollar in early trade...more...

  • VFS loan book crosses Rs 1,000 cr in FY19 17 Sep 2019 | 10:22 | Dion Global

    The loan book size of Village Financial Services (VFS) Ltd crossed Rs 1,000 crore in the last fisca...more...

  • Vikram Solar commissions eastern India's .. 16 Sep 2019 | 16:45 | Dion Global

    Clean energy solution provider Vikram Solar on Monday said it has commissioned eastern India's larg...more...

  • MFIN, Sa-Dhan release code for responsibl.. 16 Sep 2019 | 16:40 | Dion Global

    Three self-regulatory organisations on Monday jointly released a code for responsible lending for t...more...

  • India to generate 175 GW of clean energy .. 16 Sep 2019 | 15:28 | Dion Global

    Union Minister for Science andTechnology Harsh Vardhan said on Monday that the country was on cours...more...

  • P-note investments continue to drop; stan.. 16 Sep 2019 | 15:24 | Dion Global

    Investments through participatory notes (P-notes) in the Indian capital market stood at Rs 79,088 c...more...

  • CLE for increase in duty free limit for l.. 16 Sep 2019 | 13:47 | Dion Global

    Hailing the measures announced by the government to bolster exports, Council for Leather Exports (C...more...

  • RBI imposes penalty on The Goa Urban Co-o.. 16 Sep 2019 | 13:25 | Dion Global

    The Reserve Bank of India (RBI) has imposed, by order dated September 11, 2019, monetary penalty of...more...

  • RBI slaps penalty on The Mehmadabad Urban.. 16 Sep 2019 | 13:17 | Dion Global

    The Reserve Bank of India (RBI) has imposed, by order dated September 11, 2019, monetary penalty of...more...

  • IIW Seeks for Waiver of GST on Basic Skil.. 16 Sep 2019 | 12:32 | Dion Global

    The Indian Institute of Welding (IIW) has expressed remorse at non-grant of any relief on18% Goods ...more...

  • NHA, IRDAI recommend measures to check fr.. 16 Sep 2019 | 11:57 | Dion Global

    The National Health Authority, responsible for implementing the Ayushman Bharat scheme, and Insuran...more...

  • Auto sales growth outlook revised to 5-7%.. 16 Sep 2019 | 10:25 | Dion Global

    Automobile sales, excluding tractors is expected to grow 5-7 per cent this fiscal owing to factors ...more...

  • Rupee tumbles 68 paise to 71.60/USD in ea.. 16 Sep 2019 | 10:16 | Dion Global

    The rupee tumbled by 68 paise to 71.60 against the US currency in early trade on Monday, as a sharp...more...

  • Indian pharma exports may touch $22 bn in.. 13 Sep 2019 | 16:25 | Dion Global

    Pinning hopes on the recovery of the USA market, a top official of the Pharmaceuticals Export Promo...more...

  • Rupee rises 26 paise to 70.88 against USD.. 13 Sep 2019 | 10:36 | Dion Global

    The Indian rupee appreciated by 26 paise to 70.88 against the US dollar in early trade on Friday as...more...

  • Bank officers' union threatens 2-day stri.. 13 Sep 2019 | 10:24 | Dion Global

    Four unions of officers of public sector banks have threatened to go on a two-day strike from Septe...more...

  • Mutual funds add around 5 lakh folios in .. 12 Sep 2019 | 16:37 | Dion Global

    The mutual fund industry has added around 5 lakh investors' account in August, taking the total tal...more...

  • Free rail travel insurance of Rs 25 lakh .. 12 Sep 2019 | 13:09 | Dion Global

    Passengers travelling on IRCTC's Delhi-Lucknow Tejas Express will get a free rail travel insurance ...more...

  • Govt should bring trade margin rationalis.. 12 Sep 2019 | 11:39 | Dion Global

    The medical devices sector wants the government to bring in the trade margin rationalisation for it...more...

  • Economic slowdown one of biggest reasons .. 12 Sep 2019 | 09:53 | Dion Global

    The current economic slowdown in India is one of the biggest reasons for the slump in two-wheeler s...more...

  • Inflows into equity MFs jump 12% to Rs 9,.. 12 Sep 2019 | 09:51 | Dion Global

    Investors pumped in over Rs 9,000 crore into equity mutual funds in August, a sharp rise of 12 per ...more...

  • Rupee down 13 paise to 71.84 against USD .. 11 Sep 2019 | 10:47 | Dion Global

    The rupee opened on a cautious note and fell 13 paise to 71.84 against the US dollar in early trade...more...

  • RBI posts the Report of Committee on Deve.. 10 Sep 2019 | 15:50 | Dion Global

    Reserve Bank of India, on May 29, 2019, had constituted a Committee on the Development of Housing F...more...

  • Sebi slaps Rs 6 lakh fine on SRU Securiti.. 10 Sep 2019 | 14:42 | Dion Global

    Markets regulator Sebi has levied a fine of Rs 6 lakh on sub-broker SRU Securities for indulging in...more...

  • Ready for two-stage IPO but timing is gov.. 10 Sep 2019 | 13:59 | Dion Global

    Saudi energy giant Aramco is ready for a two-stage IPO but the timing is up to the government, its ...more...

  • India, Nepal inaugurate Motihari-Amlekhgu.. 10 Sep 2019 | 13:57 | Dion Global

    India and Nepal on Tuesday inaugurated the Motihari-Amlekhgunj oil pipeline, the first ever cross-b...more...

  • RBI extends directions for Karad Janata S.. 10 Sep 2019 | 13:35 | Dion Global

    The Reserve Bank of India said in a press release that the Karad Janata Sahakari Bank Ltd., Karad w...more...

  • Indian Railways to make endeavours on saf.. 10 Sep 2019 | 11:32 | Dion Global

    Railways in India is committed to service, safety and punctuality as technological transformations ...more...

  • IRCTC proposes taxi, baggage services on .. 10 Sep 2019 | 11:29 | Dion Global

    Hotel bookings, taxi services and baggage pick-and-drop are some of the facilities proposed by the ...more...

  • Food ministry seeks alternatives for pack.. 10 Sep 2019 | 11:07 | Dion Global

    Food and Consumer Affairs Minister Ram Vilas Paswan asked manufacturers of packaged drinking water,...more...

  • Rs 2 Lakh cr investment potential in ener.. 10 Sep 2019 | 10:52 | Dion Global

    India has an investment potential of Rs 2 lakh crore in energy efficiency projects which would lead...more...

  • Frontizo sets up contact centre in Panchk.. 09 Sep 2019 | 17:29 | Dion Global

    Frontizo Business Services, a joint venture between the Patni Group and Amazon Asia Pacific, on Mon...more...

  • Saudi says will remain a reliable supplie.. 09 Sep 2019 | 17:25 | Dion Global

    Saudi Arabia's new energy minister Prince Abdulaziz bin Salman has assured India that his country w...more...

  • Mutual funds' AUM rises 4 pc to Rs 25.47 .. 09 Sep 2019 | 17:24 | Dion Global

    Mutual funds' asset base increased to Rs 25.47 lakh crore in August, a rise of 4 per cent as compar...more...

  • RBI opens subscription for Sovereign Gold.. 09 Sep 2019 | 15:49 | Dion Global

    The Reserve Bank of India said in a press release that the Sovereign Gold Bond Scheme 2019-20 - Ser...more...

  • Passenger vehicle sales down 31.57% in Au.. 09 Sep 2019 | 11:45 | Dion Global

    India's domestic passenger vehicle sales fell for the tenth straight month in August, declining 31....more...

  • Rupee surges 14 paise to 71.58 against US.. 09 Sep 2019 | 10:29 | Dion Global

    The rupee appreciated by 14 paise to 71.58 against the US dollar in early trade on Monday as China'...more...

  • PSU debt raising through bonds gained, NB.. 09 Sep 2019 | 10:26 | Dion Global

    The loss of fund-raising capability through corporate debt bonds by NBFCs resulted in the gain for ...more...

  • Auto industry seeks govt help in smooth t.. 06 Sep 2019 | 15:37 | Dion Global

    Automotive industry body SIAM on Friday sought government intervention to help the sector in smooth...more...

  • ACMA seeks uniform 18 pc GST on all compo.. 06 Sep 2019 | 13:34 | Dion Global

    Auto components industry on Friday sought uniform 18 per cent GST in order to help companies with t...more...

  • CAIT writes to Paswan seeking heavy fine .. 06 Sep 2019 | 12:17 | Dion Global

    The Confederation of All India Traders (CAIT) on Thursday said it has written to Consumer Affairs M...more...

  • Investments of private sector need to inc.. 06 Sep 2019 | 11:41 | Dion Global

    Private sector investment should increase to create a more robust integrated cross-border power tra...more...

  • Rupee gains 17 paise to 71.67 against USD.. 06 Sep 2019 | 10:54 | Dion Global

    The Indian rupee appreciated by 17 paise to 71.67 against the US dollar in early trade on Friday as...more...

  • Govt to soon decide on Sinha panel report.. 05 Sep 2019 | 16:26 | Dion Global

    The government will soon take a call on the recommendations of U K Sinha committee to strengthen mi...more...

  • Sebi plans three-tier structure to monito.. 05 Sep 2019 | 15:07 | Dion Global

    Regulator Sebi has envisaged a three-tier structure to bolster cyber security in securities market ...more...

  • Govt to take steps to bring new technolog.. 05 Sep 2019 | 12:06 | Dion Global

    The government will focus on bringing technology and investments in animal husbandry to boost growt...more...

  • 3 mn wearable devices shipped in India in.. 05 Sep 2019 | 12:04 | Dion Global

    The Indian wearable devices market touched an all-time high shipment of three million units in the ...more...

  • Cement demand growth expected to halve th.. 05 Sep 2019 | 11:28 | Dion Global

    Cement demand growth is expected to halve to around 5 to 5.5 per cent this fiscal, impacted by weak...more...

  • India, Russia sign roadmap for cooperatio.. 05 Sep 2019 | 11:17 | Dion Global

    India and Russia on Wednesday signed on a roadmap for cooperation in the hydrocarbons sector with M...more...

  • India needs Rs 19 lakh cr for highways in.. 05 Sep 2019 | 10:58 | Dion Global

    Highways construction in India is estimated to require about Rs 19 lakh crore in the next five year...more...

  • India, Russia ink pact for maritime route.. 05 Sep 2019 | 10:56 | Dion Global

    India and Russia on Wednesday agreed to open a maritime route between the ports of Chennai and Vlad...more...

  • Rupee rises 27 paise to 71.85 against USD.. 05 Sep 2019 | 10:53 | Dion Global

    The rupee appreciated by 27 paise to 71.85 against the US dollar in early trade on Thursday as gain...more...

  • Technical proposals evaluation for Light .. 04 Sep 2019 | 16:39 | Dion Global

    Total of 43 proposals from 19 agencies have been received for LHP under GHTC-India at six locations...more...

  • India moves up 6 places to 34th rank on w.. 04 Sep 2019 | 16:19 | Dion Global

    India has moved up six places to rank 34th on world travel and tourism competitiveness index, drive...more...

  • Board of Trade to meet on Sep 12 to discu.. 04 Sep 2019 | 15:26 | Dion Global

    The Board of Trade (BoT) will seek views of various stakeholders such as government departments, st...more...

  • Slowdown has no bearing on power sector, .. 04 Sep 2019 | 15:15 | Dion Global

    Amid a deepening slowdown in the economy, power demand has stood out, growing almost 7 per cent on ...more...

  • RBI places a Working Paper on its website 04 Sep 2019 | 14:11 | Dion Global

    Reserve Bank of India, on September 03, 2019, placed on its website a Working Paper titled “M...more...

  • Swiggy launches pick-up and drop service .. 04 Sep 2019 | 13:53 | Dion Global

    Food ordering and delivery platform Swiggy on Wednesday said it has launched pick-up and drop servi...more...

  • H-Energy, Russia's Novatek to set up JV t.. 04 Sep 2019 | 13:53 | Dion Global

    India's H-Energy Global Ltd and Russia's Novatek on Wednesday signed an agreement to provide long-t...more...

  • ESIC signs pact with SBI to provide e-pay.. 04 Sep 2019 | 13:29 | Dion Global

    The Employees’ State Insurance Corporation (ESIC) and SBI have signed a Memorandum of Agreeme...more...

  • RBI discloses report of Task Force on dev.. 04 Sep 2019 | 12:59 | Dion Global

    Reserve Bank of India said in a press release that it had constituted a Task Force on Development o...more...

  • RBI extends directions for Bidar Mahila U.. 04 Sep 2019 | 12:58 | Dion Global

    The Reserve Bank of India said in a press release that it is satisfied that in the public interest,...more...

  • One-day Joint India- NDB Workshop on Enha.. 04 Sep 2019 | 12:34 | Dion Global

    On September 03, 2019, a one-day Joint India- NDB workshop on Enhancing NDB’s engagement with...more...

  • FCA India appoints Partha Datta as Presid.. 04 Sep 2019 | 12:30 | Dion Global

    Automaker FCA India on Wednesday said it has appointed Partha Datta as President and Managing Direc...more...

  • EESL plans to set up EV charging stations.. 04 Sep 2019 | 11:10 | Dion Global

    State-owned Energy Efficiency Services Ltd (EESL) on Tuesday said it is in talks with the West Beng...more...

  • Centre seeks states inputs on making Esse.. 04 Sep 2019 | 11:07 | Dion Global

    The central government on Tuesday asked states for suggestions to make the six-decade-old Essential...more...

  • UP power tariff to increase up to 12% 04 Sep 2019 | 11:05 | Dion Global

    The Uttar Pradesh Electricity Regulatory Commission on Tuesday approved up to 12 per cent hike in p...more...

  • Rupee rebounds 19 paise to 72.20 against .. 04 Sep 2019 | 10:38 | Dion Global

    The rupee rebounded 19 paise to 72.20 against the US dollar in early trade on Wednesday, amid weake...more...

  • Gadkari to meet bankers, other stakeholde.. 04 Sep 2019 | 10:24 | Dion Global

    MSME Minister Nitin Gadkari has called a meeting of heads of banks, finance ministry officials, and...more...

  • Sebi imposes Rs 20 lakh fine on 5 entitie.. 04 Sep 2019 | 10:01 | Dion Global

    Markets regulator Sebi levied a total fine of Rs 20 lakh on five entities for manipulating the pric...more...

  • EESL to procure 2 lakh units in phase-II .. 04 Sep 2019 | 09:59 | Dion Global

    State-owned Energy Efficiency Services Ltd (EESL) on Tuesday said it will procure 2 lakh units in t...more...

  • Irdai sets up panel to revisit 3-yr old t.. 04 Sep 2019 | 09:57 | Dion Global

    Insurance regulator Irdai has decided to review its three-year old guidelines on trade credit insur...more...

  • Govt measures to revive auto sector yet t.. 03 Sep 2019 | 17:08 | Dion Global

    The recent measures announced by the government to help auto industry overcome the ongoing slowdown...more...

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