Business News

Washington, 5 Jan 2019/--/The US and China are dealing the trade negotiations at the highest levels, President Donald Trump said, claiming that America's steel industry has come "roaring back" following the last year's tariff hikes. The Trump administration imposed heavy tariffs on imported steel...

Mumbai, 5 Jan 2019/--/Weeks after a UK court ordered his extradition, former liquor baron Vijay Mallya, accused of defaulting on loans of over Rs 9,00O crore, received another blow as a Mumbai court declared him a "Fugitive Economic Offender" (FEO). Mallya on Saturday became the first businessman...

NEW DELHI, 5 Jan 2019/--/The government has amalgamated three Regional Rural Banks -- Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank -- into a single RRB with effect from January 1. In a filing to the BSE, Punjab and Sind Bank said the central government, after consulting the sponsor...

Jammu, 5 Jan 2019/--/A revenue department official in Kishtwar district of Jammu and Kashmir has been suspended for providing wrong information to authorities, officials said Saturday. Kishtwar Deputy Commissioner Angrez Singh Rana suspended Satish Kumar Friday, they said. "District administration...

Puri, 5 Jan 2019/--/Odisha Chief Minister Naveen Patnaik Saturday announced interest-free loans of up to Rs 3 lakh for women self-help groups (WSHGs) in the state. He made the announcement when addressing the 'Mission Shakti' convention here, which was attended by about 50,000 women from various...

NEW DELHI, 5 Jan 2019/--/A section of PSU bank employees would go on a two-day strike on January 8 and 9 in support of the nation-wide strike call given by 10 central trade unions against the government's alleged anti-worker policy. The All India Bank Employees Association (AIBEA) and Bank...

Dehradun, 5 Jan 2019/--/Buying land is one of the main issues plaguing the hospitality industry, says hotelier Abhishek Goel. "Constructing a hotel after buying a land has become unviable. It's impossible right now to purchase land in the heart of the city, or even outside like this hotel,...

Kolkata, 5 Jan 2019/--/Future Consumer Limited (FCL) launches Braille friendly packaging for their body wash brand, Think Skin with Ajay Kumar Reddy, Captain of Indian Men’s Blind Cricket Team on World Braille Day. Priced at the rate of a soap, ThinkSkin is a contemporary body wash brand that aims...

Kolkata, 5 Jan 2019/--/Kolkata headquartered PSU Bank, United Bank of India has partnered with a premier NBFC, SREI Equipment Finance Limited to finance the MSME/Agriculture Sector. Under this arrangement, United Bank of India will leverage its low cost of funds to co-originate and co-lend the...

Rishikesh, 5 Jan 2019/--/H L Arora, Director (Technical) received the CBIP Award 2019 for ‘Best Performing Utility in Hydro Power Sector’ conferred to THDC India Limited by Minister of State for Power (Independent Charge) R.K. Singh on Friday at  SCOPE Convention Centre, New Delhi. This award was...

NEW DELHI, 29 Dec 2018/--/The Union Housing and Urban Affairs Ministry initiated several schemes in 2018 and plans to sanction construction of one crore houses before 2020 under the Pradhan Mantri Awas Yojana (urban), a move aimed at ensuring 'housing for all by 2022'. The ministry is mandated to...

Panaji, 29 Dec 2018/--/Goa Forward Party chief and state Town and Country Planning Minister Vijai Sardesai Saturday met Union Commerce Minister Suresh Prabhu here demanding his intervention to take up the issue of mining with Prime Minister Narendra Modi. The mining sector in the coastal state...

NEW DELHI, 29 Dec 2018/--/The Centre is committed to set up a steel plant at Kadapa in Andhra Pradesh, but the required information about the proposed project is yet to come from the state government, Steel Minister Chaudhary Birender Singh said Friday. The statement comes a day after Andhra...

Nagpur, 29 Dec 2018/--/In order to give a boost to coal despatches for its consumers, Western Coalfields Limited will be augmenting and maximising coal despatches from WCL mines through rail, road and other modes. WCL will be leveraging the "RailCoal Synergy" by observing RailCoal Week from...

Agartala, 29 Dec 2018/--/Union Minister of State for Micro, Small and Medium Enterprises (MSME) Giriraj Singh Saturday said the Centre has plans to set up a hub and spoke (cycle parts) factory and bamboo and rubber based industries in Tripura. The bamboo and rubber indusries would be set up in the...

NEW DELHI, 29 Dec 2018/--/Drug firm Zydus Cadila on Saturday said it has received the final nod from the US health regulator to market Clindamycin Phosphate and Benzoyl Peroxide gel, used in the treatment of acne. This combination medication is used to treat a certain type of acne (inflammatory...

KOLKATA/NEW DELHI, 29 Dec 2018/--/The House of McNROE, & the market leader in the fragrance industry, with its brands Wild Stone & Secret Temptation, today announced their plans to strengthen their product portfolio and launched a shower gel, hair gel, face wash and shaving foam under its...

Kolkata, 29 Dec 2018/--/FedEx Corp announced that Fortune Magazine has, once again, recognized the company as one of the 2018 Best Workplaces for Diversity. Fortune’s Best Workplaces for Diversity list focuses on the experiences of women, people of color, members of the LGBTQ community, and...

Kolkata, 29 Dec 2018/--/Chairman, Village Financial Services Ltd, Dr. Kuldip Maity, MD & CEO, VFS was presented with the ‘Champion of Change’ award by Venkaiah Naidu, Vice-President of India at New Delhi recently. The award instituted by NGO Interactive Forum on Indian Economy (IFIE) was...

Kolkata, 27 Dec 2018/--/Renowned Bollywood superstar and sports enthusiast Suniel Shetty, cricketing legend Zaheer Khan, and investors extraordinaire Jasmeet Bhatia and Mitesh Sharma, today announced the launch of Ferit Cricket Bash (FCB). FCB will feature 16 teams representing various regions of...

Kolkata, 27 Dec 2018/--/K Ramachandran has joined as Executive Director of Allahabad Bank recently. Prior to joining Allahabad Bank, he served as General Manager of Corporation Bank. During his tenure at Corporation Bank he discharged responsibility as Zonal Head, Circle Head and also at Corporate...

Kolkata, 27 Dec 2018/--/Star India has launched the Star Value Pack in seven languages. Star Value Pack has the most compelling channels across entertainment, movies, education and the very best in sports. Viewers get an incredible line-up of sports properties such as Vivo IPL, ICC Cricket World...

Kolkata, 27 Dec 2018/--/To kickstart structured deliberations on Corporate Governance issues within the public-sector banking fraternity and chalk out a framework to address these issues, State Bank of India recently organised a one-day workshop on corporate governance at its premier training...

Kolkata, 27 Dec 2018/--/nubia, the global smartphone maker, today announced the launch of its much-awaited gaming smartphone, Red Magic in the Indian market. The Red Magic will be exclusively available on Amazon.in for Rs 29,999. Red Magic is packed with an optimised Qualcomm® Snapdragon™ 835...

Kolkata, 27 Dec 2018/--/Great White Launches its another product – Fan for Eastern India. It is the 7th Vertical of Greatwhite, already present in Electrical Wiring Devices, Wires & Cables, Low Voltage Switch Gears, Lighting, PVC Tape and Conduit Pipes. Great White Electrical’s is vision of...