IndianOil’sR&D Centre crosses milestone of 1,000 patent filings

IndianOil’sR&D Centre crosses milestone of 1,000 patent filings

🕔20:22, 30.Apr 2019

New Delhi, 30th April: Indian Oil Corporation’s (IndianOil) Research & Development Centre at Faridabad crossed a major milestone this week by filing its 1,001stpatent, the first among Indian oil &gas PSUs to do so. The R&D Centre’s IP (Intellectual Property)

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SAIL introduces Pension Scheme for SAIL ex-employees and employees

SAIL introduces Pension Scheme for SAIL ex-employees and employees

🕔20:19, 30.Apr 2019

New Delhi, 30th April, 2019: In line with the guidelines issued by the Department of Public Enterprises (DPE), Government of India and with the approval of the Ministry of Steel, Steel Authority of India Ltd. (SAIL) has introduced its Pension

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MHA issues notice to Rahul over his British citizenship

MHA issues notice to Rahul over his British citizenship

🕔12:27, 30.Apr 2019

New Delhi, April 30  The Ministry of Home Affairs (MHA) has issued a notice to Congress President Rahul Gandhi to clarify his nationality within a fortnight after Bharatiya Janata Party (BJP) MP Subramanian Swamy alleged that he is a British

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ISRO plans to launch radar imaging satellite in May

ISRO plans to launch radar imaging satellite in May

🕔12:25, 30.Apr 2019

Chennai, April 30  India is planning to launch its radar imaging satellite RISAT 2BR1 sometime towards the end of May 2019 on one of the variants of its Polar Satellite Launch Vehicle (PSLV) rocket, sources said on Tuesday. The PSLV

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Cyclone Fani: Rs 1,086-cr Central aid to 4 states

Cyclone Fani: Rs 1,086-cr Central aid to 4 states

🕔12:00, 30.Apr 2019

New Delhi, April 30  The Home Ministry (MHA) on Tuesday issued an advance financial assistance of Rs 1,086 crore to four states for preventive and relief measures in response to cyclonic storm ‘Fani’, a Ministry statement said. Andhra Pradesh, Odisha,

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Yes Bank tanks 30% after Q4, rating downgrades

Yes Bank tanks 30% after Q4, rating downgrades

🕔11:27, 30.Apr 2019

Mumbai, April 30  Yes Bank fell up to 30 per cent on the NSE on Tuesday after the private lender reported a weak earning results for the fourth quarter and multiple rating agencies downgraded its stock. Yes Bank reported Rs

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SC rules against 63 Moons-NSEL merger

SC rules against 63 Moons-NSEL merger

🕔11:26, 30.Apr 2019

New Delhi, April 30  The Supreme Court on Tuesday ruled against the government decision to merge 63 Moons with crisis ridden and loss making National Spot Exchange Limited (NSEL). The apex court allowed an appeal against a Bombay High Court

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Indian Navy on high alert for cyclone Fani

Indian Navy on high alert for cyclone Fani

🕔11:25, 30.Apr 2019

Visakhapatnam, April 30  As the cyclone storm Fani was intensifying into a ‘Severe Cyclonic Storm’ over the south-east and adjoining south-west Bay of Bengal, the Eastern Naval Command (ENC) is on high alert to render necessary humanitarian assistance, a Navy

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US to ensure adequate oil supplies in global market: Pompeo

US to ensure adequate oil supplies in global market: Pompeo

🕔07:25, 30.Apr 2019

Washington, April 30 US Secretary of State Mike Pompeo said that the US would seek to stabilise global oil market after Washington’s decision not to extend sanctions waivers for Iran oil purchase. “We are convinced we can make sure the markets

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Bank of Maharashtra’s Q4 net profit at Rs 72 cr

Bank of Maharashtra’s Q4 net profit at Rs 72 cr

🕔07:20, 30.Apr 2019

Mumbai, April 30 State-run lender Bank of Maharashtra on Monday reported a standalone net profit of Rs 72.38 crore during the quarter ended March 31 on a year-on-year basis. The lender had reported a standalone net loss of Rs 113.49 crore

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Video of IS chief Baghdadi appears, cites Sri Lanka attacks

Video of IS chief Baghdadi appears, cites Sri Lanka attacks

🕔07:20, 30.Apr 2019

London, April 30  A man, appearing to be the Islamic State leader’s Abu Bakr Al Baghdadi, has appeared in a video posted on the terror group’s media network, vowing more attacks in revenge for loss of the “caliphate’s territory”, reports

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Kerala expects Rs 3,596 cr World Bank loan for rebuilding

Kerala expects Rs 3,596 cr World Bank loan for rebuilding

🕔07:19, 30.Apr 2019

Thiruvananthapuram, April 30  Chief Minister Pinarayi Vijayan, after a high level meeting here on Monday to discuss the ‘rebuild Kerala’ initiative in aftermath of the worst-ever floods that hit the state last year, indicated that the World Bank will provide

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Jet staff confident of securing Rs 3,000 cr fund, seek SBI nod to bid

Jet staff confident of securing Rs 3,000 cr fund, seek SBI nod to bid

🕔07:18, 30.Apr 2019

New Delhi, April 30  Sensing the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of employees and external investors to bid for

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Russia’s floating nuclear power plant ready for operations

Russia’s floating nuclear power plant ready for operations

🕔07:17, 30.Apr 2019

Chennai, April 30  Russia’s Rosatom State Atomic Energy Corporation (Rosatom) on Monday said its floating nuclear power unit is ready for commercial operations. In a statement, Rosatom said the two reactors of the floating power unit (FPU) were successfully brought

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IDBI Bank seeks NCLT nod to extend Jaypee resolution deadline

IDBI Bank seeks NCLT nod to extend Jaypee resolution deadline

🕔07:15, 30.Apr 2019

New Delhi, April 30  IDBI Bank, the prime lender of Jaypee Infratech (JIL), has approached the Delhi bench of National Company Law Tribunal (NCLT) seeking extension of the 270-day deadline for the resolution of the company, sources said. The deadline

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Themes for Economic Survey still developing: CEA

Themes for Economic Survey still developing: CEA

🕔07:14, 30.Apr 2019

New Delhi, April 30  The themes for the upcoming Economic Survey are still in the works, Chief Economic Advisor Krishnamurthy V. Subramanian said on Monday. “Themes for the Economic Survey are still developing, so I cannot talk about it now,”

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Government stake to fall below 51 pc in bluechip PSUs to boost

Government stake to fall below 51 pc in bluechip PSUs to boost

🕔18:25, 29.Apr 2019

New Delhi, April 28 (IANS) Government proposes to offload substantial portion of its stake in select blue chip companies this year to meet higher disinvestment target even though the exercise will bring down its holding below 51 per cent level, the

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‘RBI Act should mandate disclosure of loan defaulters’

‘RBI Act should mandate disclosure of loan defaulters’

🕔13:06, 29.Apr 2019

Chennai, April 29  In view of the recent ruling of the Supreme Court, the government has to amend the Reserve Bank of India (RBI) Act sooner or later and publish the names of loan defaulters periodically, a top official of

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US-China trade negotiations in final laps: Mnuchin

US-China trade negotiations in final laps: Mnuchin

🕔12:41, 29.Apr 2019

Washington, April 29 Trade negotiations between the US and China were entering a critical point as an American delegation will head to Beijing this week to try to finalise a long-awaited deal, said Treasury Secretary Steven Mnuchin. “We’re getting into the

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SBI moves to invoke Essar Steel Promoters’ personal guarantees of Rs 15K cr

SBI moves to invoke Essar Steel Promoters’ personal guarantees of Rs 15K cr

🕔12:40, 29.Apr 2019

Ahmedabad, April 29  The State Bank of India on Monday filed a recovery suit against Prashant and Ravi Ruia, before the Debt Recovery Tribunal (DRT) here in Gujarat. Essar Steel Lenders led by the SBI are saddled with dues of

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