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Govt looks at disinvestment in 9 PSUs this year

General

26 June, 2014

Govt looks at disinvestment in 9 PSUs this year

The government is looking at disinvestment in around nine state-owned firms this year, a senior government official said here today."We ......

RBI revises asset classification norms for infra firms

General

26 June, 2014

RBI revises asset classification norms for infra firms

The Reserve Bank today allowed banks to treat loans as 'standard' even when date of commencement of project is delayed ......

SAT ends hearing in RIL insider-trading case; verdict on Monday

Infrastructure

26 June, 2014

SAT ends hearing in RIL insider-trading case; verdict on Monday

A full bench of the Securities Appellate Tribunal (SAT), headed by presiding officer JP Devdhar, today concluded the hearing on ......

PIL filed to restrain government from arbitration with Vodafone on tax dispute

TMT

26 June, 2014

PIL filed to restrain government from arbitration with Vodafone on tax dispute

A former Additional Solicitor General today approached the Supreme Court seeking its direction to the Centre to recover around Rs ......

New measures on anvil to attract sovereign wealth funds

General

25 June, 2014

New measures on anvil to attract sovereign wealth funds

Looking to attract larger inflows from sovereign wealth funds and foreign pension funds, central government and financial sector regulators have ......

ICRA sees better days ahead for MFIs as credit flow, markets rise

General

25 June, 2014

ICRA sees better days ahead for MFIs as credit flow, markets rise

The micro finance sector, which grew 33 per cent last fiscal is likely to maintain the growth momentum in 2014-15 ......

Govt defers decision on natural gas prices by 3 months

Infrastructure

25 June, 2014

Govt defers decision on natural gas prices by 3 months

In a setback to gas producers like Reliance Industries, the government today postponed revision in natural gas prices by three ......

Easier loan norms, single-window clearance for MSMEs on anvil

General

25 June, 2014

Easier loan norms, single-window clearance for MSMEs on anvil

The government is working on simplifying procedures related to obtain loans, raw material, marketing, labour laws, and acquiring approvals through ......

Excise duty concession on auto, consumer goods extended till December 2014

Consumer

25 June, 2014

Excise duty concession on auto, consumer goods extended till December 2014

In a relief to the automobile and consumer durable sectors, the government on Wednesday extended the excise duty concession by ......

GSM mobile users grow to over 300M in rural India

TMT

25 June, 2014

GSM mobile users grow to over 300M in rural India

Rural subscriber base for GSM telephony services grew marginally to 300.63 million users in May this year compared to the ......