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Shivinder to give up executive role at Fortis

He will continue on the Board of Directors but he's taking up full-time 'Sewa' at Radha Soami Satsang

Chief ministers' sub-group for cess on telecommunications, minerals

'Government to ease more FDI restrictions'

Won't necessarily wait for budget before these and additional reforms, says Das; aim is to address structural issues

Land acquisition might impel CIL to revise capex plan

The company says it has to acquire 20,000 acres to meet its annual output target of 908 million tonnes by 2019-20

Power generators want transmission competitive to bring down power cost

Reeling under increasing cost of power supply and tepid demand from state utilities, the power producers want competition for setting up new transmission lines

No allocation for power units till court case is resolved

In May, CERC had disallowed any pass-through of fixed cost on final power supply rates by the producers which had won the blocks

Paytm invests $10 mn in logistics data start-up

Move in line with company's overall objective of investing to the tune of $150 mn in over a dozen Indian startup ventures

FTIL sells 2.46% more stake in energy exchange

Sold to group of five buyers for Rs 52.9 cr

Reserve Bank paper soon on improving of JLFs

The Reserve Bank of India has said it noted with concern the default on bond payments by Amtek Auto

Citibank launches new savings bank account offerings

For a Citi Priority account, the customer needs to maintain a banking relationship of Rs 15 lakh

CARE Rating downgrades SREI Infra Finance's long term ratings

Falling asset quality triggers rating review

China national rail company to prepare feasibility study for Delhi-Mumbai high speed rail link

Third Railway Survey and Design Institute Group Corporation, a subsidiary of China Railway Corporation, will work with Indian firms, dispatching rail experts to initiate the study

Chinese solar company to invest Rs 1,670 cr in AP

The MoU was signed in Delhi in the presence of CM N Chandrababu Naidu

30-40% of BPM works to be automated by 2025, says Nasscom-Everest Group report

Robotics Process Automation n is expected to impact around 6-8% of overall BPM spending by 2017

Centre sets up a fact-finding committee on claims of data integrity issues at GVK Biosciences

In July, European Union banned 700 generic drugs that were tested for bioequivalance and efficacy at GVK Bio's Hyderabad facility

Kuoni to focus on luxury and corporate travel segments

The company is focusing on Mumbai, Delhi and Bengaluru markets to increase in luxury tour segment.

Hardik Patel resurfaces after mysterious 'disappearance'

The High Court on Wednesday directed the Gujarat Police to produce Patel

Paradip Port resumes normal operations after week-long standoff

Cargo loading/unloading had stopped last Wednesday as Dumper Owners' Association and Stevedores' body struck work

ABG Shipyard allots equity to lenders at Rs 275.92/share

Company allots 124,400 fully paid-up shares of Rs 10 each to lenders

Manappuram Fin settles charges with Sebi

Co and management pay the regulator Rs 22 lakh to settle charges of trading irregularities