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LIC pips private life insurers in new premium growth

LIC collected first year premiums of Rs 74,142 crore during this period, against Rs 62,635 crore a year ago, showing a growth of 18%

Build 10-20 world-class institutes to boost higher education: NITI Aayog

Suggests that junior classes have a mandatory system of certification for headmasters; set up fund to provide annual project-based grant for projects

Rosneft to buy 49% stake in Essar Oil

Through this deal, Rosneft will gain access to Essar-operated Vadinar refinery, the second-largest oil refinery in India, with a capacity of 20 MT per annum

Taro Pharma to buy back shares worth $250 mn

Buyback will enable it to purchase its ordinary shares from time to time

Google to submit fresh proposal for Loon Project: Prasad

The IT minister said that it was found the project was interfering with the 700-900 Mhz that is being used by telcos

Motor insurers' declined risk pool to end in 2 weeks

In December 2011, Irdai had dismantled the commercial third-party motor pool

Parliament completes first stage of budgetary exercise

Sinha says government has done a 'good job' in managing inflation

Some jewellers in Tamil Nadu, Kerala pull out of strike

Safeguard duty on hot-rolled steel imports extended until March 2018

DG safeguard finds serious injury to domestic steel industry due to increased imports

Petrol prices hiked by Rs 3.07 a litre, diesel by Rs 1.9

OMCs want to align domestic rates of automobile fuels with global benchmarks

Essar Steel aims to double Ebitda margins

Debt-laden firm prepares plan to lower dependency on natural gas, reduce loan burden; sees no need now for stake sale

DIIs exit even as FIIs return with a bang

HealthCare Global IPO subscribed 21% on Day One

Most of the bids came from institutional investors

IDBI Bank ATMs can be used for bond purchase

The facility of investing in G-Sec through ATM is an extension of Bank's Samriddhi G-Sec Portal

PILs seek CBI, ED probe into bribery sting on Trinamool leaders

Calcutta High Court likely to admit pleas on Friday

Gram panchayats in Odisha to get Rs 16,239 cr in five years

The amount includes Rs 8,850 cr as recommended by 14th Finance Commission and Rs 7,389 cr recommended by SFC as a measure for greater devolution of funds to local bodies

Air India to lease 14 Airbus A 320neo aircraft

The delivery of aircraft is likely to start from early next year

Google integrates Ola, Uber services right into Maps

Users will be able to see the estimated time of arrival of cabs and fares

Freecharge starts a chat and pay option

It will enable customers to talk to merchants and pay for their purchase

Kris Gopalakrishnan invests in edutech start-up Avagmah

Firm provides tech platform to universities on a managed services model and helps them with digital marketing