Spectrum auction sees bids of Rs.65,000 crore at end of Day Two
e-auction of radio frequency spectrum, or airwaves, for telecom services saw bids placed for all the four frequencies on the block, with the eight comp......
Tag : Corporate News
Exim Bank to raise funds up to Rs.13,000 crore
Bank of India (Exim Bank) would leverage an additional capital infusion of Rs.1,300 crore by the central government to raise around Rs.13,000 crore fun......
India Inc welcomes cut in key lending rates
welcomed the central bank's surprise decision to reduce key lending rates by 25 basis points. "Coming on the back of a growth-oriented budget, the unex......
GMR to sell 500 MW energy to Bangladesh from Nepal
major GMR India is to enter into an agreement with Bangladesh to export 500 MW electricity from two hydropower projects it is constructing in Nepal,...
Insurance bill passed in Lok Sabha
on Wednesday passed the insurance sector amendment bill, which seeks to hike the foreign equity cap on domestic companies from 26 percent to 49 percent......
It’s India first for Renault’s global small car launch
class="size-full wp-image-187844 alignright" src="https://www.sarkaritel.com/wp-content/uploads/2015/03/04renault.jpg" alt="04renault" width="259" heig......
Indian aviation software company gets Vietnamese client
style="color: #000000;"> City-based aviation software developer Ramco Systems has added one more helicopter service provider to its list of clients, th......
Vistara to launch maiden services to northeast
Tata's full service passenger carrier Vistara Tuesday announced its foray into the northeast with the addition of Guwahati and Bagdogra to its domestic......
‘Deferment of GAAR will repose industry’s faith in tax administration’
style="color: #000000;"> The phased decrease in corporate tax and the deferment of General Anti Avoidance Rules (GAAR) will repose the industry's faith......
TCS unveils business process innovation as service
style="color: #000000;"> Tata Consultancy Services (TCS) on Monday unveiled its business process innovation and simulation and visualisation as a servi......
Singapore firm commissions first power project in India
Singapore firm Sembcorp Industries's first power project in India has commenced commercial operation. The firm on Monday announced completion of the fi......
LIC ups its Reliance Industries holding to 9.084 percent
style="color: #000000;"> Insurance giant Life Insurance Corporation of India (LIC) on Monday said it has increased its holding in Reliance Industries b......
L&T executes two large substations in Maharashtra, Rajasthan
(L T) has commissioned country's first 765 KV Gas Insulated Substation (GIS) in Pune in an agreement with a Korean firm and executed 765 KV...
Rs.7 lakh crore to be collected as income tax this fiscal
its projected target of collecting Rs.7 lakh crore in income tax in the ongoing 2014-15 fiscal, an income tax official said here on Monday. "I...
India’s fiscal deficit exceeds budget estimates in 10 months
deficit continued to exceed the budget estimates in the first 10 months of the current fiscal, data showed Monday, at a time when the government...
Core industries grew at 3.9 percent in January
core industries such as coal, electricity, crude oil, cement and steel, grew at 3.9 percent in January 2015 compared to a growth of 6.5 percent...
No casualties in gas pipeline blaze in Telangana (Second Lead)
broke out in the Reliance Gas pipeline in Telangana's Medak district early on Monday due to gas leakage. But there were no casualties, police said....
Historic government-RBI agreement on inflation control
of India will aim to bring retail inflation below 6 percent by January 2016 -- and to around four percent by fiscal 2016-17, the government's...
Government pushes legislation on auction of coal, other minerals
by the opposition, the government on Monday pushed in the Lok Sabha for the enactment of two legislations, replacing ordinances, promulgated earlier, t......
Documents leak: GMR Energy official called for questioning
probe into the leak of government documents from the coal, power and petroleum ministries, Delhi Police on Monday called a senior official of GMR Energ......