Kisan Vikas Patra Vs Bank FD: What You Should Know
The government recently relaunched erstwhile popular small savings scheme Kisan Vikas Patra to provide more investment options with the aim to raise the savings rate in the country. But financial planners say the Kisan Vikas Patra can be a good investment option for people who don’t have... read more »
SBI’s $1 bn promise to Adani group: The public bank has a lot of explaining...
The Rs 6,200 crore loan agreement the State Bank of India (SBI) signed during Prime Minister Narendra Modi’s Australian visit to fund Gautam Adani’s Carmichael coal project in Queensland has been questioned on the basis of its merits, with the proposal evoking sharp criticism from Congress... read more »
‘Govt planning to auction more than 74 coal mines in 1st lot’
The auction will help meet the growing demand for the fuel, Coal Secretary Anil Swarup said in Mumbai on Friday, Nov 21. Of the 214 captive coal blocks cancelled by the Supreme Court on September 25, auction of the first lot will begin on February 11 and will be completed by March 15, he... read more »
Future Group acquires supermarket chain Nilgiris for Rs 300 crore
Future Consumer Enterprises (FCEL), the food and FMCG (fast-moving consumer goods) arm of the Kishore Biyani-led Future Group, has acquired Nilgiris, which runs a chain of convenience stores in South India, the company said in a statement on Thursday. The Future Group acquired a 98 per cent stake... read more »
Coal block auction to have cushion against tariff shock
NEW DELHI: The government will protect power consumers from getting a tariff shock from coal block auction and cap the number of mines or quantity of reserves that goes to one entity with... read more »
US court overturns bid by Ranbaxy to block launch of rival generic drugs
A US court has denied a request by drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc’s heartburn pill Nexium and Roche’s antiviral... read more »
CBI conducts raids on Saradha offices in Kolkata
KOLKATA: Probing the multi-crore-rupee Saradha scam, the CBI on Thursday raided three offices of the tainted group in the city. Since morning, Central Bureau of Investigation (CBI)... read more »
Kidnapped boy, 13, found dead in drain
The body of a 13-year-old boy, who was kidnapped near his home in Gandhinagar, East Delhi, on Tuesday, was found in a drain in Geeta Colony on Wednesday. Police said Utkarsh Verma, a... read more »
Parents held for ‘honour’ killing of 21-year-old Delhi Univ...
NEW DELHI: In a horrific case of “honour killing” in the capital, a 21-year-old final year student of Sri Venkateswara, a leading college in Delhi University’s south campus, was... read more »
