DPIIT to examine pension funds investment in startups

New Delhi, Dec. 7 -- Central Government will start inter-ministerial discussions to explore if small parts of pension and insurance funds could be allowed to invest in startups in India, Guru Prasad M... Read More

High onion prices pare Goa tourist arrivals: Minister

New Delhi, Dec. 7 -- Not the fall of Thomas Cook or the economic slowdown, for Goa's Ports Minister Michael Lobo the cause of decline in tourist arrivals is the rising onion prices. "The tourist arri... Read More

India software market grew 12.4% in H1 2019: IDC

New Delhi, Dec. 7 -- The Indian software market grew 12.4 per cent year-on-year in January-June of 2019, according to an International Data Corporation (IDC) report on Thursday. India's overall softw... Read More

Rs 200 cr set as minimum net worth for small finance banks

New Delhi, Dec. 7 -- The Reserve Bank of India on Thursday issued guidelines for 'on tap' licensing for 'Small Finance Banks in the Private Sector' and set a minimum net worth of Rs 200 crore to set u... Read More

Maha govt wants PMC Bank to merge with MSC Bank

New Delhi, Dec. 7 -- Spelling a ray of hope for thousands of depositors, the Maharashtra government has suggested merging the Punjab & Maharashtra Cooperative (PMC) Bank with the Maharashtra State Coo... Read More

Bids invited for services to 30 airports in Northeast

New Delhi, Dec. 7 -- To boost connectivity in the northeastern states, the Centre has invited bids from companies to provide air services to 6 underserved and 24 unserved airports under the fourth rou... Read More

IT Department raids share brokers, traders across India

New Delhi, Dec. 7 -- The Income Tax Department has said that on December 3, the department carried out search and survey operations on certain share-brokers and traders for being involved in facilitat... Read More

Axis Bank's CFO Jairam Sridharan steps down

New Delhi, Dec. 7 -- Axis Bank on Friday said that its Group Executive and Chief Financial Officer (CFO) Jairam Sridharan has resigned and would serve his three-month notice period. In a regulatory f... Read More

UB plans pan-India presence of its craft beer in 6 months

New Delhi, Dec. 7 -- United Breweries (UB), which recently forayed in the craft-styled beer segment, plans to sell the product across major markets in the country in the next six months. The company ... Read More

India's domestic passenger traffic up to 3.6% in Oct: IATA

New Delhi, Dec. 7 -- Commencement of tourist season accelerated the rise in India's year-on-year domestic air passenger traffic growth rate to 3.6 per cent in October from 1.6 per cent in September. ... Read More