Business

Govt assures CAIT of strict foreign investment rules for e-commerce

An India trading group comprising of millions of brick-and-mortar retailers has received assurances from the government that stringent changes will…

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After RBI rebuff, HDFC Bank submits plan of action to fix outage issue

After being reprimanded, HDFC Bank has submitted a detailed plan of action to the RBI to address repeated service disruption issues due to outage and…

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Govt. in plans to open up coal marketing to streamline process

The Government is considering to open up coal marketing. Currently, production by Coal India is allocated through a number of different methods including…

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Rubbishing report, Aviation Ministry clarifies that privatisation of 6 airports done in competitive and transparent manner

The Ministry of Civil Aviation, in a clarification, has said that the privatisation of six airports viz. Ahmedabad, Mangalore, Lucknow, Jaipur, Guwahati…

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Ola ties up with Siemens for its EV facility

Ola has tied up with Siemens to build its upcoming electric vehicle manufacturing facility. Earlier, its scooter manufacturing unit was announced as…

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Tata Power bags order worth Rs 1,200 crore from NTPC Ltd.

Tata Power Solar Systems Ltd. has bagged an order worth Rs 1,200 crore from state-run power giant NTPC Ltd. for setting up of 320 megawatt ground mounted…

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Power Finance Corporation raises $500 million via notes

State-owned power giant Power Finance Corporation (PFC) has raised $500 million (Rs 3,651 crore) by way of issuance of notes (bonds) under its $5 billion…

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Fin-techs see sharp deterioration in their portfolios

To their dismay, even with a huge spike in delinquent accounts after the pandemic, fin-techs have seen a sharp deterioration in their portfolios.

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