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Business
Govt cracks whip on public sector banks over big insolvency cases
23 Dec 2023 2:22 PM IST
New Delhi, Dec 22: The Finance Ministry has directed the managing directors of public sector banks to review the top 20 insolvency cases every month, financial services secretary Vivek Joshi said told journalists on Friday. The government has asked for reviews of insolvency cases as there are...
Business
Centre secures $100 mn ADB loan to boost urban facilities, tourism in Tripura
23 Dec 2023 1:02 PM IST
New Delhi, Dec 22: The Government of India has signed an agreement with the Asian Development Bank (ADB) to avail a $100 million loan to improve urban services and tourism facilities in Tripura, the Finance Ministry announced on Friday. The project will improve municipal infrastructure and public...
Business
From Inbox to Sale: Optimizing Your B2B Email Conversion Funnel
22 Dec 2023 3:57 PM IST
Maximize B2B SaaS success: Optimize your email funnel for conversions. Real examples, industry benchmarks – elevate your strategy for sales excellence
Business
Kerala most preferred state to work in India: Skills Report
22 Dec 2023 11:36 AM IST
Kochi, Dec 21: Two cities, Kochi and Thiruvananthapuram, in Kerala have emerged as the most preferred places to work among the youth in India, according to the recently-published India Skills Report 2024. Kerala is the second state with the most employable resources among the 18-21 age group,...
Business
Ashok Leyland bags orders for 552 buses from TN transport corporation
22 Dec 2023 11:34 AM IST
Chennai, Dec 21: Commercial vehicles major Ashok Leyland Ltd on Thursday said it has bagged an order for 552 ultra-low entry buses from Tamil Nadu State Transport Corporation (TNSTC). The company has been a long-standing supplier of TNSTC with more than 18,477 of its buses operational in its...
Business
Rise in oil prices can hinder market rally of last 2 months
22 Dec 2023 11:32 AM IST
Mumbai, Dec 21: A gradual rise in oil prices along with concern over high domestic food inflation may pose a hindrance to the stretched rally of the last two months, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday. After a subdued start, the market reversed from the...
Business
Bandhan Bank selling stressed home loan portfolio
22 Dec 2023 11:31 AM IST
Mumbai, Dec 21: Bandhan Bank on Thursday said it will sell its stressed housing finance portfolio to an asset reconstruction company in order to reduce the bad loans on its books. The bank informed the stock exchanges that its board of directors has approved the transfer of Rs 775.72 crore in...
Business
Govt to hold pre-bid meet for critical mineral auction on Dec 22
22 Dec 2023 11:29 AM IST
New Delhi, Dec 21: The Ministry of Mines said on Thursday that it will be conducting a pre-bid conference for the first tranche of auction of critical and strategic minerals on Friday at Dr. Ambedkar International Centre here in hybrid mode. The Ministry of Mines launched the first tranche...
Business
Medicine sales under PM Modi's low-price scheme touch Rs 1K cr mark in 2023
21 Dec 2023 11:15 AM IST
New Delhi, Dec 20: Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) has achieved the landmark of selling medicines worth Rs 1,000 crore at affordable prices this year, the Ministry of Chemicals and Fertilisers said on Wednesday. This number of Jan Aushadhi Kendras in the country has now...
Business
Sitharaman, World Bank chief Banga discuss roadmap ahead on India's G20...
21 Dec 2023 11:13 AM IST
New Delhi, Dec 20: World Bank Group President Ajay Banga told Finance Minister Nirmala Sitharaman at a meeting here on Wednesday that the multilateral financial institution has set up a task force team to study the recommendations made by the Independent Experts Group, prepared under India's G20...
Business
Zee, Sony to discuss extension of merger deadline
21 Dec 2023 11:12 AM IST
New Delhi, Dec 20: Zee Entertainment Enterprises said on Wednesday that Sony Pictures Networks India has agreed to discuss the extension of the merger deadline. “The company is now in receipt of a communication from CMEPL and BEPL that they will enter into good faith negotiations as required...
Business
'Close call at 35,000 ft': Air India flight declares emergency after engine fire...
21 Dec 2023 11:10 AM IST
New Delhi, Dec 20: In a heart-stopping incident, an Air India Delhi-Mumbai flight declared an emergency moments before its scheduled landing. The cause and call for emergency? A fire engine malfunction on one of the two CFM engines powering the Airbus A320neo, creating a tense situation for the...
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