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Govt may consider Oriental Insurance or United India for privatisation
Business

Govt may consider Oriental Insurance or United India for privatisation

NEW DELHI, Feb 21: The government may consider privatising Oriental Insurance or the United India Insurance Co as their financial health has improved after a series of capital infusions, people aware of the development said. To further strengthen their financial health, the government is expected to...
Sensex tanks 650 points, auto, IT stocks fall
Business

Sensex tanks 650 points, auto, IT stocks fall

Mumbai, Feb 22: Continuing with its recent downturn, the BSE Sensex plunged over 650 points on Monday.Heavy selling was witnessed in auto, IT, FMCG and banking stocks. However, metal stocks soared amid rising prices of metals.Around 11.50 a.m., Sensex was trading at 50,234.90, higher by 654.86...
Škoda dealership launched in Guwahati
Business

Škoda dealership launched in Guwahati

Business Reporter GUWAHATI, Feb 20: With an eye on strengthening its position in Assam and later in the rest of the North-east, Czech automobile brand Škoda Auto India on Friday launched its first 3S (Sales, Service and Spares) dealership facility – SSB Automobiles – at VIP Road here. The new...
HCL introduces TechBee program in State
Business

HCL introduces TechBee program in State

Devajit Chayengia GUWAHATI, Feb 20: India’s third largest IT company, HCL Technologies, today announced the launch of its early career program TechBee for Assam and the North-east at an event here. TechBee, which is a work-integrated higher education program under HCL’s new people strategy for 10+2...
‘Thrust given on export of agro products, processed foods from Assam’
Business

‘Thrust given on export of agro products, processed foods from Assam’

City Correspondent GUWAHATI, Feb 19: State Industries and Commerce Minister Chandra Mohan Patowary chaired an export conclave organised by the Department of Industries and Commerce in collaboration with the Agricultural and Processed Food Products Export Development Authority at Assam Administrative...
Want to see pvt sector unleash its animal spirits: Sitharaman
Business

Want to see pvt sector unleash its animal spirits: Sitharaman

New Delhi, Feb 20: Finance Minister Nirmala Sitharaman on Saturday said that the Union Budget 2021-22 has assured clarity and certainty on policy, taxation, infrastructure capex and privatization and now it is entirely up to the private sector to invest and expand capacity for long-term and...
Equity market declines further; auto, metal stocks down
Business

Equity market declines further; auto, metal stocks down

Mumbai, Feb 19: The key Indian equity indices continued to decline on Friday with the BSE Sensex losing around 160 points.Around 10.05 a.m., it was trading at 51,160.81, lower by 163.88 points or 0.32 per cent from its previous close of 51,324.69.It opened at 51,238.02 and has so far touched an...
Sensex down 500 points, gives up 51,000-mark
Business

Sensex down 500 points, gives up 51,000-mark

Mumbai, Feb 19: The stock market continued its decline with the BSE Sensex losing around 500 points.Sensex has given up the 51,000-mark and the Nifty50 is also trading below the psychological level of 15,000 points.Around 2.44 p.m., Sensex was trading at 50,823.41, lower by 501.28 points or 0.98 per...
Centre clears 20 food processing projects
Business

Centre clears 20 food processing projects

Farmers of Assam, 3 other NE States to benefit NEW DELHI, Feb 17: The Union Food Processing Industries Ministry today said it has cleared 20 projects worth Rs 363.4 crore under two Central government schemes. The government will provide a grant-in-aid of Rs 102.91 crore for these projects, which...
Govt to bring amendments to 2 Acts
Business

Govt to bring amendments to 2 Acts

Privatisation of PSBs NEW DELHI, Feb 16: To facilitate privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking...
Govt to set up digital intelligence unit
Business

Govt to set up digital intelligence unit

Tackling pesky calls, financial frauds NEW DELHI, Feb 15: The Telecom Ministry will set up an intelligence unit and a consumer protection system as part of continuing efforts to tackle the menace of pesky calls as well as to take strict action against financial frauds perpetrated using telecom...
Centre makes FASTag mandatory from midnight today
Business

Centre makes FASTag mandatory from midnight today

NEW DELHI, Feb 14: The Ministry of Road Transport & Highways has decided that all lanes in the fee plazas on national highways shall be declared as :FASTag lane of the fee plaza” with effect from midnight of February 15-16, and vehicles without a valid FASTag would be charged double the toll....
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