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Jaya seeks Modi's intervention on change in SSA funding pattern

State govt alleges that there is a unilateral move to drop the central fund from current 65% to 50%

Alstom bags Lucknow Metro contract worth Rs 1,100 crore

The Lucknow Metro will cover around 23 km comprising 19 elevated and three underground stations

Lead Angels and Techstars USA to launch pre-accelerator in Mumbai

The programme is for a duration of three hours per week for a period of six weeks and no equity will be taken

Nabard sanctions Rs 2,112 cr to Gujarat govt for irrigation projects

Funds for Saurashtra Narmada Avataran Irrigation yojna that will firm up irrigation potential over an area of more than 60,000 hectares

Apollo Tyres opens first outlet in Lebanon

Branded as 'Apollo Zone', this outlet is located in the Beqaa Governorate of Lebanon, which is the main road connecting Lebanon to Syria

Govt to unveil new IPR policy within two months

DIPP Secretary Amitabh Kant confirms development, says policy will address concerns of foreign industries looking to invest in India

Credai moves CCI against cement companies

Says cement makers not passing on the benefit of reduced manufacturing cost to customers, may be working together to control supply

Gas price cut to impact fresh investments by energy companies: Moody's

Says reduction will impact ONGC most, will fuel imports

Quoting PAN for cash transactions over threshold may be mandatory: Jaitley

ITV Network to launch India's first ultra HD channel

The new channel operate in the factual entertainment space aiming to reach 60 mn homes in Europe and India

Rupee likely to weaken this week

Last week, the RBI had reduced the repo rate - the rate at which banks borrow from the RBI - by 50 basis points (bps) to 6.75% due to which the rupee strengthened against the dollar

SBI cuts home loan rates only by 15-20 bps

Its base rate cut was 40 bps; hints at further easing based on competition

Work-life balance: The lines are getting blurred

Around 78% of the employees mentioned that they are expected to be available on phone and e-mail during holidays as well

Breakthroughs need knowledge, not just cross-collaboration

Organisations that ignore that in favour of recombining what's already known will miss out on the greatest potential breakthroughs

Airlines attract Indian flyers with premium economy offerings

Air China, Lufthansa and Singapore Airlines are offering the service on their Mumbai flights.

Union Bank cuts base rate by 35 bps

The new rate will be effective from Monday

Multi-bank payments app Chillr raises $6 mn in Series-A funding from Sequoia Capital

Company says more investors will join the round in the next few weeks

Freshdesk acquires social recommendation app Frilp

All 19 employees of Frilp will be part of Freshdesk development centre at Chennai

India dominates air traffic growth: IATA

This is due to airlines offering cheaper tickets after a significant drop in global oil prices

Reprieve for Indian IT firms as US visa impost ends

Part of border security policy, US in 2010 asked global firms to pay $2,000 more per application for protecting Mexican borders