The Ministry of Home Affairs (MHA) will "scrupulously" carry out a thorough background check of newly appointed CEO and MD of Air India, Ilker Ayci, a Turkish national, official sources said on Sunday. The Tata Group, which acquired the Air India from the government, had recently announced Ayci's appointment as the CEO and MD of [...]
Technology is a tiger that everyone is riding, India's top stock exchange NSE's then CEO Chitra Ramkrishna had told PTI eight years ago. At the time, she herself was riding the tiger at the helm of the National Stock Exchange, which had overtaken over 100-year-old Bombay Stock Exchange as India's biggest bourse within a year [...]
New Delhi, Feb 20 (PTI) The government will soon decide on giving additional charge of the post of chairman cum managing director (CMD) of state-owned New India Assurance as the term of incumbent Atul Sahai comes to an end later this month. The Banks Board Bureau (BBB) has not started the process for selection of [...]
The government plans to implement new technologies and build digital infrastructure to support current and future coal mines operations, a move that would reduce the country's dependency on imports. Technological advancements in coal mining are also making operations more productive. "The objective is to implement new technologies and build digital infrastructure to support current and [...]
Singapore, Feb 20 (PTI) Victims in Singapore have lost more money to bogus investment schemes than any other ruse in the last three years, especially falling prey to Chinese-origin "pig-butchering" cryptocurrency scam, losing SGD190.9 million last year, over five times the SGD36.9 million in 2019. Fraudsters spend months cultivating a relationship with the victims before [...]
Mumbai, Feb 19 (PTI) The Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE will not only strengthen the bilateral trade ties but also also boost exports and create 10 lakh job opportunities in India, Union Minister Piyush Goyal said on Saturday. India and the UAE on Friday signed the trade pact after [...]
Kathmandu, Feb 19 (PTI) A day after China alleged that the US was pursuing "coercive diplomacy" in Nepal, the US embassy here said the USD 500 million infrastructure grants programme under the Millennium Challenge Corporation (MCC) is a "gift" to the Himalayan nation and emphasised that a decision whether to accept or reject the pact [...]
Bhopal, Feb 19 (PTI) Seeking to corner the previous UPA government over the alleged Rs 22,848 crore banking fraud by ABG Shipyard, Union Commerce and Industry Minister Piyush Goyal on Saturday said loans were disbursed to the firm during 2005 to 2012 in the rip off -- being termed as the largest such fraud in the [...]
New Delhi, Feb 19 (PTI) The government will create a new equity fund for start-ups with a 20 per cent limited stake to provide additional capital support to the entrepreneurs, and the corpus will be managed by private fund managers, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Saturday. The announcement in [...]
New Delhi, Feb 19 (PTI) The domestic jewellery sector will get a huge export boost in the United Arab Emirates (UAE) market as it would get duty-free access there, while the gulf nation will get greater access to the gold market here as India will give duty concessions on import of up to 200 tonnes, [...]
