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BusinessToday.In
New Delhi, August 20, 2018
The government is planning to connect the Gurugram-Mumbai E-way (also known as Western Peripheral Expressway) further with the DND flyway in Delhi through an eight-lane 58km road. This extended road project would cost around Rs 2,000 crore.


BusinessToday.in
New Delhi, August 14, 2018
Retail inflation slows down to 9-month low level in JulyRetail inflation plunged to a 9-month low of 4.17 per cent in July as vegetable prices fell, strengthening views that the RBI will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1. The RBI has raised the key repo rate by 0.25 per cent each on inflationary concerns. The next bi-monthly policy is to be unveiled on October 5. Ease of Living Index: Pune ranks first in 'liveability', Delhi languishes at 65The Ease of Living Index 2018 released by Union Minister Hardeep Singh Puri on Monday has thrown surprises, with few most prominent cities failing to make a cut in the top 10. Of total 111 cities ranked under the index, Pune has been ranked first while Navi Mumbai has surfaced as the second preferred spot in terms of 'liveability'. However, the national capital Delhi has failed to make it to the top 50, ranking much below cities like Vijayawada and Bhopal at number 65. Chennai was also ranked at number 14, while Kolkata refused to participate in the survey.PNB scam: Govt dismisses Usha Ananthasubramanian from service, gives CBI permission to prosecuteNearly three months after Allahabad Bank divested its MD & CEO Usha Ananthasubramanian from all functional responsibilities, the government today dismissed her from service, according to an official notification. Ananthasubramanian is the former CEO & managing director of scam hit Punjab National Bank. Ananthasubramanian was named in a CBI charge-sheet in the Rs 14,000 crore PNB fraud case but had continued to be an employee of the bank. She was to superannuate today but has been dismissed from the service. The government has also given permission to the CBI to prosecute Ananthasubramanian and Sanjiv Sharan, former executive director of the PNBNew road to cut travel time between Delhi and Gurugram, likely to open by DiwaliThe commuters from Delhi to Gurugram will soon have a new road that will bring down congestion and cut short the travel time. The new road will offer a shorter route for commuters from Dwarka, Najafgar and west Delhi to Gurugram.The new route will connect to Najafgarh-Bijwasan road and is part of Gurugram's Masterplan 2031.Infosys to invest Rs 100 cr in software development centre in Kolkata, create 1,000 jobsIndia's second largest software services firm Infosys has said it will set up a new software development centre in Kolkata with an investment of Rs 100 crore.The centre is expected to provide employment to about 1,000 engineers.The first phase of the project will be completed within 15 months from the date of obtaining all statutory clearances.India's forex reserve is in a \"comfortable range\", says a DBS report. India's forex reserve is in a \"comfortable range\" and another 5-8 per cent fall will not jeopardise the situation, says a DBS report. According to the global financial services major, a challenging global environment has compelled RBI to intervene aggressively this year to contain rupee depreciation, resulting in significant drawdown in foreign reserves. Jet Airways to evaluate funding options to meet liquidity needsIndian carrier Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results. In a report by Reuters, Jet however ruled out a potential stake sale or plans to monetise its investment in its frequent flier programme, calling media reports on the subject \"purely speculative\".No more queues at CNG pumps! IGL to open 50 more stations in Delhi-NCRIn what might come as a big relief to CNG car owners, Indraprastha Gas Limited (IGL) is planning to come up with 50 more CNG pumps across Delhi-NCR. This is likely to be done by February 2019. As mentioned by an official, the new CNG stations are to come up across Delhi, Noida, Greater Noida, Rewari and Ghaziabad.


BusinessToday.In
New Delhi, August 13, 2018
Also to increase capacity of existing stations, Indraprastha Gas Limited (IGL) is installing additional 40 to 50 dispensers by August-end.


BusinessToday.In
New Delhi, August 10, 2018
The road leading up to the 4,00,000-sq-ft store at HITEC City in Cyberabad was also jam-packed and additional traffic police were deployed.


E Kumar Sharma
New Delhi, August 9, 2018
The store, set up with an investment of Rs 1,000 crore, employs 950 people (called co-workers) directly and 1500 indirectly in services.


PTI
New Delhi, August 8, 2018
An estimated 19,026 people were fined for sitting on floor of the train, which according to Metro rules is not in line with public etiquette and attracts a penalty of Rs 200.


BusinessToday.In
New Delhi, August 7, 2018
Union Minister of Housing and Urban affairs Hardeep Singh Puri saysthat fare hike may not be required next year as the revenue of the DMRC is going up along with an increase in overall ridership.


Goutam Das
New Delhi, August 6, 2018
Green shoots emerge for residential real estate, but it isn't out of the woods.


K.T.P. Radhika
New Delhi, August 6, 2018
Affordable housing is picking up pace, thanks to proactive policies and savvy investors/developers. But sustaining the momentum is a tall order.


BusinessToday.In
New Delhi, July 30, 2018
Swiggy that fulfills around 14 million orders every month is planning to grow their business vertical to almost 15-20% of their revenues in the next two years.


Nidhi Singal
July 26, 2018
The company is expanding its footprint in India with the launch of new products, two new stores and making products available for purchase through Dyson India.


BusinessToday.In
New Delhi, July 24, 2018
India's largest telecom company is battling stiff competition from Reliance Jio, Vodafone India and Idea. Recently, it also revamped its postpaid plans to offer added data benefits to users while its archrival company Reliance Jio announced its plans to launch GigaFiber broadband in the months to come.


Mail Today Bureau
July 24, 2018
In an affidavit filed in the apex court, the Ministry of Petroleum and Natural Gas also said that it would not be possible to segregate pricing of diesel or have a differential pricing mechanism for the fuel for private vehicles.


Goutam Das
New Delhi, July 23, 2018
Industry body FICCI, along with Grant Thornton and escrow platform Escrowffrr, has now come up with a report with ideas on how to go about improving transparency in the secondary market.


Devika Singh
New Delhi, July 18, 2018
About 62 per cent of the respondents reported verbal harassment at workplace, followed by non-verbal staring stalking (53 per cent), gossiping rumours (45 per cent), physical (29 per cent), consensual relationships going bad (25 per cent) and social media (24 per cent).


Goutam Das
New Delhi, July 17, 2018
Leasing crossed 20 million sq. ft. during the first half of 2018. Bangalore, Delhi-NCR, Hyderabad and Mumbai led the leasing activity.


BusinessToday.In
July 14, 2018
The Hyderabad store has come up with an investment of Rs 1,000 crore. This would provide 1,000 direct and 1,500 indirect jobs at the store, and 50 per cent of the employees would be women.


BusinessToday.In
July 11, 2018
The move came days after the Supreme Court questioned the Kejriwal government over its proposal to procure low-floor electric buses and about the time required to set up charging stations for the fleet.


PTI
July 8, 2018
IKEA's Hyderabad store has come up with an investment of Rs 1,000 crore. The company aims to reach 200 million customers in India in the next three years.


BusinessToday.In
July 5, 2018
Early in the year, in a bid to provide internet connectivity beyond railway stations, it had partnered with Larsen & Toubro (L&T) to bring 150 Google Station hotspots to Pune, which was part of the Pune Smart City Project.


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