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Industry News

  • RBI to auction state government securitie.. 13 Nov 2018 | 08:13 | Dion Global

    Reserve Bank of India on Friday said that State Governments have offered to sell following securiti...more...

  • TRAI begins consultation on regulatory re.. 12 Nov 2018 | 16:39 | Dion Global

    Telecom regulator Trai on Monday issued a long-awaited consultation paper to debate whether Over-Th...more...

  • Major Ports cargo traffic up 5.31% to 403.. 12 Nov 2018 | 11:30 | Dion Global

    India's 12 major ports witnessed a 5.31 per cent rise in cargo traffic at 403.39 million tonnes (MT...more...

  • Steel industry growth hikes India's coal .. 12 Nov 2018 | 08:03 | Dion Global

    India's coal imports rose by 7.9 per cent to 134.46 million tonnes (MT) in the first seven months o...more...

  • September exports shrink by 2.15%, shipme.. 12 Nov 2018 | 08:02 | Dion Global

    Exports of over half of the 30 sectors closely monitored by the Commerce Ministry were in the negat...more...

  • ADB inks pact with EESL to provide USD 13.. 12 Nov 2018 | 07:58 | Dion Global

    The Asian Development Bank (ADB) Sunday said it will provide USD 13 million loan to EESL to promote...more...

  • Car sales flat in Oct, PVs up 1.55% 09 Nov 2018 | 11:57 | Dion Global

    Domestic passenger vehicle sales rose 1.55 per cent to 2,84,224 units in October as against 2,79,87...more...

  • Cabinet approves leasing out six airports.. 09 Nov 2018 | 10:41 | Dion Global

    The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved proposal for leasing o...more...

  • Industry pressing for removal of tariff c.. 09 Nov 2018 | 08:15 | Dion Global

    Solar Power Developers Association (SPDA) is pressing for removal of Rs 2.6 per unit tariff cap to ...more...

  • Cabinet clears extension of ITI quota for.. 09 Nov 2018 | 08:01 | Dion Global

    The Cabinet on Thursday approved continuation of quota for state-owned ITI Ltd in procurement made ...more...

  • Sebi bans Capital True Financial's propri.. 09 Nov 2018 | 07:54 | Dion Global

    Market regulator Sebi has barred Narendra Singh Tanwar, proprietor of Capital True Financial Servic...more...

  • Govt relaxes export norms for select good.. 06 Nov 2018 | 16:17 | Dion Global

    The government has relaxed norms for exports of select items, such as push backs and locks, used in...more...

  • Housing.com facilitates sales of Rs 1,200.. 06 Nov 2018 | 16:17 | Dion Global

    News Corp-backed realty portal Housing.com Tuesday said it has facilitated sales of Rs 1,200 crore ...more...

  • India's plastics export jump 31.6% to $4... 06 Nov 2018 | 12:11 | Dion Global

    India's plastics exports posted a growth of 31.6 per cent at USD 4.59 billion during the period Apr...more...

  • RBI imposes monetary penalty of Rs 1 cr o.. 06 Nov 2018 | 09:23 | Dion Global

    The Reserve Bank of India (RBI) has, on October 31, 2018, imposed a monetary penalty of Rs 1 crore ...more...

  • RBI to auction state govt securities for .. 05 Nov 2018 | 10:25 | Dion Global

    Reserve Bank of India has said that State Governments have offered to sell securities by way of auc...more...

  • Govt expenditure presents $3 bn potential.. 05 Nov 2018 | 08:52 | Dion Global

    Capital expenditure by central and state government agencies on homeland security presents potentia...more...

  • Maharashtra to start exporting silk in ne.. 05 Nov 2018 | 08:51 | Dion Global

    Arjun Khotkar, Minister of State for Textiles, Govt. of Maharashtra on Friday said that Maharashtra...more...

  • Railways rolls out All-India unreserved m.. 02 Nov 2018 | 09:56 | Dion Global

    Ministry of Railways has introduced Unreserved Mobile Ticketing with a view to promote three C&rsqu...more...

  • Govt exploring use of hybrid aero boats o.. 02 Nov 2018 | 09:55 | Dion Global

    Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Gang...more...

  • E-commerce players following predatory pr.. 02 Nov 2018 | 00:15 | Dion Global

    Mobile devices industry body ICEA said that e-commerce companies accounted for 45-50 per cent of ha...more...

  • Telcos seek time till Nov 20 to roll out .. 02 Nov 2018 | 00:14 | Dion Global

    Telecom operators have sought time till November 20 to implement the new digital system for subscri...more...

  • MHA approves Rs194.44 cr Safe City Projec.. 01 Nov 2018 | 13:32 | Dion Global

    The Ministry of Home Affairs (MHA) has approved a Safe City project for Lucknow at a total cost of ...more...

  • Cabinet approves MoU with Korea for coope.. 01 Nov 2018 | 13:29 | Dion Global

    The Union Cabinet chaired by the Prime Minister Narendra Modi has approved signing of a Memorandum ...more...

  • Demand for delivery jobs much higher than.. 01 Nov 2018 | 12:07 | Dion Global

    Even as e-tailing giants are on a hiring spree on the onset of the festival season, a report Wednes...more...

  • Need urgent interventions for financial s.. 01 Nov 2018 | 10:19 | Dion Global

    “The financial sector is going through a phase of stress, which needs interventions in approp...more...

  • Railways increases freight rates for majo.. 01 Nov 2018 | 09:16 | Dion Global

    Indian Railways has rationalised its freight rates to ensure additional revenue generation across t...more...

  • Railways scraps flexi-fare in some trains.. 01 Nov 2018 | 00:21 | Dion Global

    In a relief for passengers, the railways has scrapped flexi-fare in 15 premium trains in which the ...more...

  • Committees set up to address telcos' conc.. 31 Oct 2018 | 12:50 | Dion Global

    The Department of Telecom (DoT) has constituted committees to work on objectives set by National Di...more...

  • India smartphone shipment slips 1% to 40... 31 Oct 2018 | 11:13 | Dion Global

    Smartphone shipment in the country declined marginally in the September 2018 quarter, totalling 40....more...

  • Delhi airport to see Rs 9,000 cr investme.. 30 Oct 2018 | 16:16 | Dion Global

    An investment of Rs 9,000 crore is expected to be made in Delhi airport in the coming years, accord...more...

  • MORE gets Rs 125-cr exit from Shriram Pro.. 30 Oct 2018 | 14:47 | Dion Global

    Private equity firm Motilal Oswal Real Estate (MORE), which infused Rs 67 crore in a Shriram Proper...more...

  • Govt to promote education sector to incre.. 30 Oct 2018 | 14:45 | Dion Global

    The government will work on promoting the growth of the education sector to help increase the share...more...

  • RBI issues directions to The Needs of Lif.. 30 Oct 2018 | 09:32 | Dion Global

    The Reserve Bank of India on Monday said that it has placed the The Needs of Life Co-operative Bank...more...

  • RBI to auction GoI five dated securities .. 30 Oct 2018 | 09:31 | Dion Global

    Reserve Bank on Monday said that Government of India (GoI) has announced the sale (re-issue) of fiv...more...

  • NSDL Payments Bank commences operations 30 Oct 2018 | 09:30 | Dion Global

    Reserve Bank of India on Monday said that NSDL Payments Bank Limited has commenced operations as a ...more...

  • Target of a house for each family to be a.. 30 Oct 2018 | 09:29 | Dion Global

    Hardeep Puri, Minister of State, MoHUA, Government of India has expressed optimism that by 2020 eve...more...

  • Anil Agarwal asks govt to raise import du.. 30 Oct 2018 | 00:34 | Dion Global

    Vedanta Group Chairman Anil Agarwal Monday asked the government to increase import duty on primary ...more...

  • Telecom Commission rechristened as Digita.. 30 Oct 2018 | 00:23 | Dion Global

    The government on rechristened the Telecom Commission -- the apex decision making body at the telec...more...

  • Telecom Commission rechristened as Digita.. 30 Oct 2018 | 00:23 | Dion Global

    The government on rechristened the Telecom Commission -- the apex decision making body at the telec...more...

  • Domestic coal supply significantly short .. 30 Oct 2018 | 00:21 | Dion Global

    Domestic coal supply remains significantly short of the domestic demand on the back of strong recov...more...

  • India Inc's investment in overseas ventur.. 29 Oct 2018 | 15:27 | Dion Global

    Indian companies' investment in their overseas ventures fell by 47 per cent to USD 1.54 billion in ...more...

  • 'Indian IT companies bullish on hiring pl.. 29 Oct 2018 | 12:48 | Dion Global

    The Indian IT industry is bullish about its hiring plans for the next six months and a major chunk ...more...

  • Railways to spend Rs 20K cr towards rolli.. 29 Oct 2018 | 12:47 | Dion Global

    The railways would spend an amount of Rs 20,000 crore towards augmenting rolling stock during 2019-...more...

  • Indian pharma to hit double-digit growth .. 29 Oct 2018 | 12:47 | Dion Global

    After two consecutive years of single-digit expansion, big Indian drug firms are expected to return...more...

  • USFDA generic guidance to help local phar.. 29 Oct 2018 | 12:45 | Dion Global

    The recent guidance from the US Food & Drug Administration (USFDA) on complex generics is expected ...more...

  • Indian construction equipment sector grew.. 29 Oct 2018 | 10:21 | Dion Global

    The demand for Indian Construction Equipment (ICE) grew by 24% in FY 2017-18, up from 13 per cent i...more...

  • RBI to inject durable liquidity via OMO p.. 29 Oct 2018 | 10:21 | Dion Global

    Based on an assessment of the durable liquidity needs going forward, RBI has decided to conduct pur...more...

  • SME IPO fundraising nearly doubles to Rs .. 29 Oct 2018 | 00:12 | Dion Global

    Small and medium enterprises (SMEs) raised Rs 1,281 crore through initial share-sales in April-Sept...more...

  • Telecom equipment makers have committed o.. 29 Oct 2018 | 00:10 | Dion Global

    Telecom gear makers have committed to invest over Rs 4,000 crore at the India Mobile Congress, Comm...more...

  • Irdai proposes changes in norms for insur.. 29 Oct 2018 | 00:06 | Dion Global

    Insurance regulator Irdai proposed tweaking norms for different insurance products including those ...more...

  • New agri export policy to focus on settin.. 26 Oct 2018 | 10:23 | Dion Global

    The government will soon come out with a new agri export policy which would have provisions for set...more...

  • Telcos to rollout 1 mn WiFi hotspots in I.. 26 Oct 2018 | 08:10 | Dion Global

    Minister of State (Independent Charge) for Communications and Minister of State for Railways, Manoj...more...

  • New agri export policy to double farmer&r.. 26 Oct 2018 | 08:10 | Dion Global

    Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu said that the Government of...more...

  • Govt urges suppliers to register on GeM p.. 26 Oct 2018 | 08:08 | Dion Global

    Private sector investment in the development of sports in the country could receive a major fillip ...more...

  • NBFC liquidity crisis rattles realty sect.. 25 Oct 2018 | 16:37 | Dion Global

    The ongoing liquidity crisis in NBFCs has "rattled" realty sector as this could hit fund inflows to...more...

  • Telecom sector highly taxed like tobacco .. 25 Oct 2018 | 13:04 | Dion Global

    The telecom sector continues to be highly-taxed just like tobacco industry, and the issue of high l...more...

  • Cabinet approves creation of director's p.. 25 Oct 2018 | 10:17 | Dion Global

    The Cabinet Wednesday approved creation of a director's post in six branches of All India Institute...more...

  • Vistara gets Rs 2,000 cr from Tata Sons, .. 25 Oct 2018 | 10:15 | Dion Global

    Full service carrier Vistara, which is preparing to fly overseas, has received Rs 2,000 crore from ...more...

  • Domestic air passenger traffic rises 19% .. 25 Oct 2018 | 00:10 | Dion Global

    Domestic air passenger traffic grew nearly 19 per cent to 113.98 lakh in September, as fares contin...more...

  • CCEA okays Rs 7,522 cr fund for creating .. 24 Oct 2018 | 15:15 | Dion Global

    The government Wednesday approved Rs 7,522 crore fund for creating infrastructure facilities in fis...more...

  • Govt approves scheme for setting up India.. 24 Oct 2018 | 15:14 | Dion Global

    The government Wednesday approved a scheme for setting up of Indian Institute of Skills (IISs) at d...more...

  • Gold ETFs see Rs 274-cr outflow in Apr-Se.. 24 Oct 2018 | 12:25 | Dion Global

    Gold exchange-traded funds (ETFs) continued to lose steam with investors pulling out Rs 274 crore f...more...

  • UP's pension schemes to cover 14 lakh new.. 24 Oct 2018 | 11:48 | Dion Global

    Uttar Pradesh Chief Minister Yogi Adityanath has directed the officials to extend pension facility ...more...

  • Syska eyes sales of Rs 200 cr from IoT-ba.. 24 Oct 2018 | 11:44 | Dion Global

    Homegrown Syska group on Tuesday said it will foray into IoT driven products, in collaboration with...more...

  • NBFC crisis may delay real estate much-an.. 24 Oct 2018 | 11:01 | Dion Global

    Besides the financial sector, the real estate business may also face the heat due to the ongoing cr...more...

  • Rupee closes flat against US dollar 24 Oct 2018 | 08:21 | Dion Global

    The Indian rupee closed flat with marginal negative bias against US dollar in the domestic market o...more...

  • Govt permits aluminium industry to import.. 24 Oct 2018 | 00:09 | Dion Global

    The government Tuesday permitted imports of certain quantity of pet coke, used for fuel purpose, fo...more...

  • Govt move to free up 5Ghz spectrum to boo.. 24 Oct 2018 | 00:05 | Dion Global

    The government's move to free up spectrum in 5 Ghz frequency band has increased the availability of...more...

  • Vehicle owners to pay 18% under GST on po.. 23 Oct 2018 | 14:57 | Dion Global

    Vehicle owners will have to pay a GST of 18 per cent to get their vehicles checked for pollution, t...more...

  • GoI to sale four dated securities for Rs .. 23 Oct 2018 | 10:17 | Dion Global

    The Government of India (GoI) has announced the sale (re-issue) of four dated securities for Rs 11,...more...

  • Govt frees spectrum for wifi, 5G services.. 23 Oct 2018 | 00:24 | Dion Global

    The government has freed a set of spectrum in the 5 Ghz band from licensing for providing Wifi and ...more...

  • Housing sales up 24%; new supply down 35%.. 22 Oct 2018 | 17:07 | Dion Global

    Top nine property markets in the country saw 24 per cent increase in housing sales during July-Sept...more...

  • World class food testing lab to be set up.. 22 Oct 2018 | 14:52 | Dion Global

    Union Commerce Minister Suresh Prabhu Monday said that a world-class laboratory to test food qualit...more...

  • Rs 350-bn plan to electrify all railway l.. 22 Oct 2018 | 11:57 | Dion Global

    A Rs 350 billion plan has been drawn up for electrification of all railway lines across the country...more...

  • Sell-off continues: FPIs pull out Rs 320 .. 22 Oct 2018 | 11:56 | Dion Global

    Foreign investors have pulled out close to Rs 320 billion from the Indian capital markets in the fi...more...

  • NASSCOM inks MoU to expand Indian SMEs in.. 19 Oct 2018 | 14:02 | Dion Global

    IT industry body NASSCOM has signed an MoU with a leading technology community here to help small a...more...

  • FinMin banking on CPSE acquisitions, buyb.. 19 Oct 2018 | 13:32 | Dion Global

    The Finance Ministry is banking on merger and acquisitions among CPSEs and share buybacks by state-...more...

  • Govt imposes anti-dumping duty on certain.. 19 Oct 2018 | 10:22 | Dion Global

    India has imposed anti-dumping duties of up to USD 185.51 per tonne for five years on certain varie...more...

  • India needs to be self-reliant in defence.. 19 Oct 2018 | 09:59 | Dion Global

    Rashtriya Swayamsevak Sangh chief Mohan Bhagwat Thursday said India cannot be assured about its sec...more...

  • Govt says no threat of discontinuation of.. 19 Oct 2018 | 09:56 | Dion Global

    The government Thursday said there is no threat of discontinuation of mobile numbers issued using A...more...

  • Trai seeks views on charges for accessing.. 19 Oct 2018 | 00:54 | Dion Global

    Trai launched the consultation process to determine charges for accessing submarine cable bandwidth...more...

  • Telcos to delete Aadhaar data if customer.. 19 Oct 2018 | 00:52 | Dion Global

    Mobile service customers who want to get their Aadhaar details removed from the records of telecom ...more...

  • Non-life insurers' register 9% rise in pr.. 19 Oct 2018 | 00:45 | Dion Global

    Non-life insurance companies reported a rise of 9 per cent premium income to Rs 19,098.51 crore in ...more...

  • Telcos need to give 30 day notice to cust.. 18 Oct 2018 | 00:10 | Dion Global

    The government has decided to make it mandatory for telecom service providers to give at least 30 d...more...

  • Customers telecom service will not be dis.. 18 Oct 2018 | 00:05 | Dion Global

    The government would ensure that telecom customers do not face any disruption in services due to ch...more...

  • Rlys pitches for strategic line in Leh to.. 17 Oct 2018 | 15:54 | Dion Global

    Railways has proposed that its strategically significant Bilaspur-Manali-Leh line along the Indo-Ch...more...

  • RBI imposes Rs 2 lakh fine on National Ur.. 17 Oct 2018 | 15:11 | Dion Global

    The Reserve Bank of India has imposed a monetary penalty of Rs 2 lakh on National Urban Co-operativ...more...

  • Pine Labs Enables Debit Card EMIs From HD.. 17 Oct 2018 | 13:31 | Dion Global

    This Diwali season, Pine Labs, a merchant platform company, is enabling equated monthly instalments...more...

  • Gaurs Group Q2 sales bookings jump six-fo.. 17 Oct 2018 | 13:28 | Dion Global

    Realty firm Gaurs Group reported six-fold jump in its sales bookings to Rs 1,320 crore during the s...more...

  • Centre, states must cooperate in improvin.. 17 Oct 2018 | 11:05 | Dion Global

    Union minister Piyush Goyal has said the central and state government agencies must work in tandem ...more...

  • Investment via P-notes hits over nine yr .. 16 Oct 2018 | 15:09 | Dion Global

    Investments in the Indian capital market through participatory notes (P-notes) hit a nearly nine-an...more...

  • RBI to sell five dated GoI securities for.. 16 Oct 2018 | 13:01 | Dion Global

    Government of India (GoI) has announced the sale (re-issue) of five dated securities for Rs 11,000 ...more...

  • Kreditech gets RBI license to operate as .. 15 Oct 2018 | 15:59 | Dion Global

    Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in ...more...

  • Fundraising via debt placement slumps 38%.. 15 Oct 2018 | 15:00 | Dion Global

    Listed Indian companies raised over Rs 2 lakh crore in April-September this fiscal through private ...more...

  • BankBazaar appoints former RBI DG Mundra .. 15 Oct 2018 | 14:02 | Dion Global

    Online financial services marketplace BankBazaar Monday said former RBI Deputy Governor (DG) S S Mu...more...

  • India to achieve 76% of renewable energy .. 15 Oct 2018 | 14:00 | Dion Global

    India may achieve about 76 per cent of the target of having 175 gigawatts of renewable power genera...more...

  • 'Continued liquidity stress may have deep.. 15 Oct 2018 | 13:50 | Dion Global

    Non-bank financial companies (NBFCs) are likely to be impacted significantly if the liquidity situa...more...

  • Sell-off continues: FPIs pull-out Rs 266-.. 15 Oct 2018 | 10:18 | Dion Global

    Foreign investors have pulled out close to Rs 266 billion ($3.6 billion) from the Indian capital ma...more...

  • Expect 3-more quarters of losses for tele.. 15 Oct 2018 | 00:53 | Dion Global

    The telecom sector is likely to experience three more quarters of losses, hurt by high levies and "...more...

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