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PTI
September 22, 2018
The Reserve Bank of India announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the sector at competitive rates.


Joe C Mathew
New Delhi, September 21, 2018
The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).


Reuters
New Delhi, September 20, 2018
Iran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 per cent stake in Chennai Petroleum, which has two refineries with a total combined capacity of 230,000 barrels of oil per day.


PTI
New Delhi, September 20, 2018
Last month, Adani Enterprises had filed a plea in the Bombay High Court seeking quashing of all LRs against its firms that are under probe for alleged over-invoicing of Indonesian coal imports.


BusinessToday.In
New Delhi, September 19, 2018
The bank has already installed solar panels on as many as 1,200 ATMs. The lender has also covered 150 of its buildings with rooftop solar panels and plans to increase the number to 250 buildings by 2020.


Arpita Mukherjee
New Delhi, September 17, 2018
Flexi-staffing has advantages for employers and also certain kinds of employees.


Devashish Das Gupta
New Delhi, September 17, 2018
Companies need to imbibe a service-oriented culture as customer empathy and engagement matter most in the long run.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


Reuters
September 15, 2018
India's loadings from Iran for this month and next will drop to less than 12 million barrels each, after purchases over April-August had been boosted in anticipation of the reductions.


Joe C Mathew
New Delhi, September 14, 2018
Trina will be the first organised player in this segment, otherwise known for individual installations by local enterprises.


Mail Today Bureau
New Delhi, September 14, 2018
Russia, India's largest investment destination in the oil and gas sector, already has $15 billion invested by Indian PSUs.


PB Jayakumar
New Delhi, September 13, 2018
Apart from the stay, the stressed power plants were also given another breather recently, when the high-level empowered committee constituted by the Prime Minister's Office allowed retaining fuel supply agreements (FSAs), Power Purchase Agreements (PPA) and long-term transmission network access rights.


BusinessToday.In
September 12, 2018
Defaulting companies in the power sector as well as some sugar, shipping and textile companies that had seemed destined for bankruptcy court under the RBI's new norms on stressed assets got a last-minute breather from the Supreme Court yesterday.


BusinessToday.In
New Delhi, September 12, 2018
The SC order will also buy the stressed shipping and sugar companies, which had approached the top court against the order, some more time.


Joe C Mathew
New Delhi, September 7, 2018
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power sector fall short of addressing the problem in an effective manner.


BusinessToday.In
New Delhi, September 7, 2018
The two-day summit will see over participation from over 2000 industry giants like Mahindra and Mahindra, Hero MotoCorp, Maruti Suzuki, and several other stakeholders from research, academia and civic society.


BusinessToday.In
New Delhi, September 7, 2018
Uber in talks with Indian regulators to understand modalities of aerial taxisRide-hailing app Uber, which is considering India among five global locations for its futuristic aerial taxi service, said it is in talks with regulators in the country to gauge the modalities and constraints of offering such a service. Last week, the Softbank-backed Uber had said it is considering India along with countries like Japan and France to be a part of Uber Elevate -- its aerial taxi service tha...


PTI
September 6, 2018
Failing to find resolutions for stressed power sector companies, lenders have decided to refer 11 companies, including Prayagraj Power Generation, GMR Chhattisgarh Energy and Jaiprakash Power Venture, to the National Company Law Tribunal.


Anilesh S Mahajan
New Delhi, September 5, 2018
Thirty-four stressed power sector accounts that defaulted on Rs1.5 lakh crore worth of dues are now before the National Company Law Tribunal - yet again.


PTI
September 2, 2018
While FDI from Mauritius totalled USD 13.41 billion as against USD 13.38 billion in the previous year, inflows from Singapore rose to USD 9.27 billion from USD 6.52 billion.


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