While the quantum of these hikes is not clear yet - telcos refuse to provide clarity - it is believed that they will move up in two phases, firstly by telcos themselves and then on TRAI's orders

The government has given in-principle approval to stake sale of 63.75% in Shipping Corporation, 53.2% stake sale in Bharat Petroleum and 30.8% divestment in Container Corporation

The Cabinet approved a strategic divestment of the government's 53.29 per cent stake in BPCL, along with transfer of certain management control. This is excluding BPCL's equity share holding of 61 per cent stake in Numaligarh Refinery

The employees are demanding issuance of a notification by the government taking responsibility for safe return of their money, invested in DHFL by the Uttar Pradesh Power Sector Employees' Trust

The auctions, to be aimed at paring back the nation's coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp

'I wish India eradicates malnutrition one day', says Bill GatesBill Gates, co-chair of the Bill and Melinda Gates Foundation, Saturday identified health as a prominent challenge facing India and said that he wished India got rid of malnutrition. \"If there was one wish I had for India, it would be to get rid of malnutrition because that reduces the potential of those kids so dramatically and their ability to provide and learn are reduced. It's like 15 IQ points go away,\" Gates sa...

Tata Sons chairman N Chandrasekaran's comments came a day after a media report said that half of the thermal power plants in the country are shutting down

Over a dozen tax officials interviewed by Reuters said they are stuck between a push to meet unrealistic collection targets, which influence their appraisals and transfers, and the fear of being accused of over-zealousness if they crack down on evasion

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.

SpiceJet reported loss of Rs 462.6 crore in the latest quarter mainly due to expenses related to grounding of Boeing 737 MAX planes, changes in accounting norms and a seasonally weak quarter

Following the acquisition of the remaining 15% stake each in its subsidiaries Zydus Technologies Ltd and Zydus Noveltech Inc, the two companies will become wholly-owned subsidiaries of Cadila Healthcare Ltd

The sharp rise in CPI is scary for borrowers both individual and corporate as the Reserve Bank of India targets retail inflation to fix the short-term repo rate

Globally, unlike electric vehicles, hydrogen fuel vehicles are still being tested on quality and efficiency parameters and not used on a commercial basis on a large scale

A big chunk of these write-offs happened over the last two years; one of the big reasons for high level of write-offs is the Insolvency & Bankruptcy Code

Adani Green Energy reported a consolidated net profit of Rs 102.3 crore for July-September quarter as compared to net loss of Rs 188 crore in the year-ago period

The Indian solar PV and cell manufacturing industry has about 100 companies, but modules and solar cells imported from countries like China, Taiwan, Vietnam and Malaysia are cheaper by at least 10-20 per cent.

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.