Air India sale: Govt to set Rs 5,000 crore as minimum aggregate net worth for eligible bidders

At a time when most airlines are struggling with profitability, at home and abroad, finding worthy buyers for the beleaguered Air India was posing quite a conundrum. But the government seems to have found a neat middle-ground solution.

Govt issues notice to Cambridge Analytica, asks if it misused Indians' Facebook data

In the notice, Ministry of Electronics and Information Technology asked Cambridge Analytica whether they have been engaged in any assignment to utilize data of Indians from the above cited breach, and who are the entities that have engaged them for the above.

Tata Steel wins bid to acquire Bhushan Steel

Judging by recent developments in the insolvency journey of Binani Cement, one may think that go-ahead from a stressed asset's Committee of Creditors (CoC) does not mean much. But Tata Steel might have better luck in its attempt to acquire the debt-laden Bhushan Steel Ltd under the Insolvency and Bankruptcy Code.

Union Bank of India shares dive to 11-year low after CBI files FIR in Rs 1,394 crore Totem Infra fraud

Shares of state-run Union Bank of India plunged to 11-year low a day after the Central Bureau of Investigation (CBI) registered a case against the Hyderabad-based Totem Infrastructure.

Australia scraps 457 visa popular among Indians; removes over 200 jobs from short-term stream

The Temporary Skill Shortage visa, referred to as the TSS visa, facilitates targeted use of overseas workers to address temporary skill shortages, while ensuring that Australian workers get priority. The TSS visa holders can work in Australia under any of the three streams: short-term, medium-term, and labour agreement stream.

Sat Mar 24 15:34:09 IST 2018

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