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Coal auction vindicates CAG stand: Nirma...

Coal auction vindicates CAG stand: Nirmala Sitharaman

The ongoing auctioning of coal blocks has vindicated the Comptroller and Auditor General’s (CAG) criticism of the way the natural resources was allocated by the previous government, Commerce and Industry Minister Nirmala Sitharaman said on Thursday. “Certainly the CAG’s position has been... read more »

Vistara launches maiden flight service t...

Vistara launches maiden flight service to Goa

Tata’s full service passenger carrier Vistara Friday launched its maiden flight between New Delhi and Goa and said that it will expand its fleet to six aircraft by April. The airline had earlier announced the launch of new services to Goa and Hyderabad from February 20 and March 1,... read more »

RIL shares fall; biggest drag on index

RIL shares fall; biggest drag on index

NEW DELHI: A day after Delhi Police arrested seven people, including government employees and a former journalist, whom they said ran a scam to steal official documents from India’s oil ministry and sell them to energy consultants and large private companies, shares of Reliance Industries... read more »

Titan Company intimates on availability ...

Titan Company intimates on availability of credit for gold purchases

Titan Company announced that the Company will be able to avail credit from domestic nominated banks for gold purchases without restrictions. This will also result in the Company getting the benefits of natural hedging of gold fully with a possibility of negative working capital that the Company... read more »

More from Business

You can hand in pre-2005 notes till June: RBI

MUMBAI: The Reserve Bank of India has extended the deadline for turning in pre-2005 currency notes to June 30, 2015. Earlier, all citizens had to turn them in by this month-end. The most... read more »

S Bhattacharya Appointed CMD of Coal India

New Delhi: Senior IAS officer S Bhattacharya has been appointed as the chairman and managing director of Coal India Ltd (CIL). The coal major was without a full time chief for the past six... read more »

Modi orders insurance, coal reforms after stymied by parliament

The cabinet approved an executive order on Wednesday to implement coal and insurance reforms, a government official said, underlining the administration’s resolve to push through... read more »

Vistara to fly on 9 January, readies plan for international routes

Vistara plans to start international operations as soon as the Government lifts the 5/20 rule. The airline, a 51:49 venture between Tata Sons and Singapore Airlines (SIA), will be starting... read more »

RBI’s Rajan takes his fight against crony capital further w...

The Reserve Bank of India (RBI) under Raghuram Rajan has moved once again to end the cosy system of crony banking where politically-favoured borrowers can avoid paying their dues despite having the... read more »