New Delhi | Petrol and diesel prices on Wednesday rallied to their highest ever levels across the country, as fuel rates were hiked again by 35 paise a litre after a two-day pause. The price of petrol in Delhi rose to its highest-ever level of Rs 106.19 a litre and Rs 112.11 per litre in Mumbai, […]
Category: Business
RBI imposes Rs 1 cr penalty on SBI
Mumbai | The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs 1 crore on the State Bank of India. The penalty was imposed on the lender for non-compliance with the directions contained in ‘Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directions 2016’. “This action […]
Fuel rates hiked again, petrol at Rs 111.77/ltr in Mumbai
New Delhi | Petrol and diesel prices on Sunday rallied to their highest ever levels across the country, as fuel rates were hiked again by 35 paise a litre. The price of petrol in Delhi rose to its highest-ever level of Rs 105.84 a litre and Rs 111.77 per litre in Mumbai, according to a price […]
Petrol, diesel prices rise again, burn bigger holes in consumers’ pockets
New Delhi | Petrol and diesel price rose again on Friday taking its retail rates to record high levels across the country affecting consumers this festive season. Accordingly, in the national capital, petrol and diesel prices increased by 35 paisa per litre to Rs 105.14 per litre and Rs 93.87 per litre, respectively. In India’s financial […]
Petrol, diesel get more expensive, retail prices up again 35 paise/ltr
New Delhi | Petrol and diesel prices rose again on Thursday after a two-day break, taking its retail rates to record high levels across the country. Accordingly, in the national capital, petrol and diesel prices increased by 35 paise per litre to Rs 104.79 per litre and Rs 93.53 per litre respectively. In India’s financial capital, […]
Petrol, diesel price hike continues unabated
New Delhi | The prices of petrol and diesel prices rose again on Monday completing one full week of increases that has taken in retail rate to record high levels across the country. In the national capital, petrol price rose 30 paise per litre and diesel was hiked by 35 paise per litre. The prices of […]
Air India divestment: Tatas to get 141 aircraft, 8 brand logos, lucrative routes
New Delhi | Tata Sons’ subsidiary Talace which emerged as the highest bidder for national carrier Air India will among other assets such as human resources get more 140 aircraft as well as 8 logos. Accordingly, Talace quoted an enterprise value of Rs 18,000 crore for 100 per cent equity shareholding of Centre in Air India […]
RBI introduces Digital Payment Solutions in offline Mode
Mumbai | The Reserve Bank of India (RBI) on Friday proposed to introduce a framework for carrying out retail digital payments in offline mode across the country. In common parlance this means introduction of facility where digital transactions could be carried out even in situations where the Internet connectivity is low / not available (offline mode). […]
Tata Sons emerge as the highest bidder for Air India
New Delhi | The Centre on Friday declared Tata Sons’ subsidiary Talace as the highest bidder for national carrier Air India under the divestment process. The Tatas’ subsidiary quoted Rs 18,000 crore of enterprise value for Air India, Divestment Secretary Tuhin Kanta Pandey announced. There were only two bidders in the final stage of divestment. Besides, […]
Alia invests in Kanpur based waste-flower recycling startup Phool.co
Kanpur | Bollywood actress Alia Bhatt has invested in Phool.co, a start-up backed by IIT-Kanpur that converts floral waste into charcoal-free luxury incense products. Founded in 2017 by engineering graduate Ankit Agarwal, Phool.co has also received Fair for Life – Fairtrade and Ecocert Organic & Natural certificates. Using its ‘flowercycling’ technology, the start-up has also launched […]