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Regional airline TruJet to launch operations from July 12

The Hyderabad-based airline has two 72-seater ATR-72 turbo prop aircraft on lease and plans to induct five planes by next March-end

Lenders seek new promoter for Electrosteel Steels

This might be the first company to have a change in management despite a generous CDR scheme

'Shift FSSAI from health to consumer affairs ministry'

The demand assumes significance in view of the recent controversy surrounding Nestle's Maggi brand

Deadline for Food Act might be extended

Eighteen states have expressed their inability to complete rollout by September

Rough diamond import to decline 10-15% this year on weak jewellery demand

Import declined by 24% in value terms and 13% in volume terms between April - May period

FMC reduces trading time of evening session by 2 hrs

De-lists four contracts from evening trade; no major impact on volume expected

Former CM Prithviraj Chavan demands CBI probe into chikki, fire extiguisher scams

Presses for a national loan waiver scheme of Rs 1.50 lakh crore for farmers on the line of UPA govt

Rattled Chouhan to push for CBI probe into Vyapam scam

Chouhan might have been pressured to concede ground after the Supreme Court agreed to hear a plea by Congress leader Digvijaya Singh, as well as others

Call drops: DoT to check network quality across metros

The department will also conduct a special audit of quality of service parameters focused on network performance

IREDA launches loan scheme for rooftop solar power projects

Scheme will provide loans at interest rate of 9.9 to 10.75% to system aggregators and developers

Universal Sportsbiz gets Rs 46 cr from Accel Partners

The second round of funding follows the initial investment by Accel Partners of Rs 17.25 cr in July, 2012

Two more Sahara deals run into trouble

Court asks why Sebi should not consider 'auction'; Sahara says it will file a fresh application on refunds

South Mills body urges sale of CCI cotton in smaller lots

Also urges govt to give priority to SMEs and to see there is least difference in the cost of cotton procured by SMEs and large industry players

IPAB sets aside order passed against Lupin

Lupin contested that its amended claims for chewable antibiotic tablet Cefixime was not considered by the patent office

Tigerair offers 50% discount on all Singapore-bound flights

The offer is valid between July 7 and July 15 for bookings, for travel between August 4 and November 6 this year

Chandrababu Naidu meets Japanese Prime Minister in Tokyo

Invited Shinzo Abe to the foundation-laying ceremony for the proposed new capital city of Andhra

L&T Metro signs MoUs with Indus Tower, Reliance Jio

Indus, Reliance Jio to enable passengers to have strong cell phone signals while commuting in metros

NMDC to set up 3 mtpa steel plant in Karnataka

Company will soon sign an MoU with state govt for setting up a special purpose vehicle to implement the project, which will see an investment of Rs 18,000 cr

Dumper drivers' stir affects handling of cargo at Paradip

Nearly eight vessels are stranded in the harbour unable to offload their cargo because of the stir

Bengal industries express interest to invest in Chhattisgarh food processing sector

JVL Agro had proposed to setup maize processing and starch production plant while Elque & Co. expressed interest in pickle, chutney and fruit processing units especially in tamarind