The government has put in place a roadmap that ensures coal supplies for the next two years for the already commissioned and stranded plants as well as those that would be commissioned by March, 2015.
The rupee is trading at 60.0950/1000 versus previous close of 60.1025/1125. The Nifty is down 0.67 percent after hitting its lowest since July 22.
Aviation regulator, the Directorate General of Civil Aviation (DGCA), has ordered no-frills carrier SpiceJet to refund fares of all passengers on a Mumbai-Delhi flight that was delayed by nearly five hours last month.
The diversified Tata Group, which has been on an expansion and acquisition drive over the past decade, seems to have embarked on a strategy of selling non-core assets to streamline operations under chairman Cyrus Mistry.
Global e-commerce giant Amazon’s India unit will open five new warehouses in the country, almost doubling its storage capacity to half a million square feet
When Vishal Sikka takes over as CEO of Infosys later this week, he would be looking to his erstwhile employer SAP to revive the fortunes of his new charge.
To crack the whip on drug companies National Pharmaceutical Pricing Authority (NPPA) is set to launch an online database that will help to track fraudulent activities such as overcharging, drug shortages, and evasion of drug pricing control order among others.
AirAsia India has aligned its domestic and global network by launching operations to cities in south India, a move that should ensure a steady footfall of NRI’s and tourists.
The new telecom secretary Rakesh Garg has asked telecom operators to be prepared to counter all kinds of attacks on their networks amid growing concerns over data theft by cyber thieves and cyber attacks on Indian websites and mobile phones.