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CAA protests: Railways suffered Rs 80 cr damage in Bengal

CAA protests: Railways suffered Rs 80 cr damage in Bengal

30-12-2019  comments

New Delhi (IANS) The railways suffered a loss of over Rs 80 crore during the ongoing anti-Citizenship Amendment Act (CAA) protests in West Bengal, Railway Board Chairman V.K. Yadav said on Monday.

Speaking to reporters here, Yadav said: "The…

MSMEs seek bigger slice of public procurement pie

MSMEs seek bigger slice of public procurement pie

29-12-2019  comments

New Delhi (IANS) Seeking a bigger slice of public procurement pie, the micro, small and medium enterprises (MSMEs) sector has proposed small-ticket tenders so that they could participate in the bidding.

In its Budget suggestions, Federation…

Alliance Air connects Bengaluru-Mysuru with Kalaburagi

Alliance Air connects Bengaluru-Mysuru with Kalaburagi

28-12-2019  comments

Bengaluru (IANS) State-run Air India's subsidiary Alliance Air launched a direct service from Kalaburagi in north Karnataka to Bengaluru and Mysuru in the state's southern region, an official said on Friday.

"The daily service between…

Air India move to engage ex-staff irks employees, adds cost burden

Air India move to engage ex-staff irks employees, adds cost burden

27-12-2019  comments

New Delhi (IANS) Sale-bound Air India's decision to re-employ nearly half a dozen retired officers at key positions has left many senior executives annoyed.

The move has not gone down well with many of them claiming that it has not only…

Last hurdle: BS-VI toughest challenge for auto sector in 2020

Last hurdle: BS-VI toughest challenge for auto sector in 2020

27-12-2019  comments

New Delhi (IANS) After enduring massive sales' truncation during the last 12 months, the Indian automobile sector now braces to face its latest and hopefully the last hurdle of the slowdown saga -- Bharat Stage VI transition -- in 2020.

The…

RBI introduces new prepaid payment instrument

RBI introduces new prepaid payment instrument

25-12-2019  comments

Mumbai (IANS) The Reserve Bank has introduced a new type of prepaid payment instrument (PPI) which could be used only for purchase of goods and services up to a limit of Rs 10,000 per month.

"To give impetus to small value digital payments…

Tejas to promote UP's 'One District One Product'

Tejas to promote UP's 'One District One Product'

25-12-2019  comments

Lucknow (IANS) The Uttar Pradesh government will promote its One District One Product (ODOP) scheme in the first semi-high speed train Tejas Express.

The Department of Industries (Micro, Small and Medium) of the state government has given…

Sensex opens marginally higher, IT falls

Sensex opens marginally higher, IT falls

24-12-2019  comments

Mumbai (IANS) Sensex and Nifty opened marginally higher on Tuesday and traded flat as index heavyweights like Reliance Industries, SBI, Infosys and Axis Bank declined during the early trade.

Most IT companies such as TCS, Infosys, Tech Mahindra…

India's growth rate didn't match increase in jobs: IMF

India's growth rate didn't match increase in jobs: IMF

24-12-2019  comments

United Nations (IANS) The International Monetary Fund (IMF) has said that India's high growth rate in recent years did not lead to a matching increase in formal sector jobs and labour market participation has declined.

The IMF's report…

Telcos up the ante with benefits in 365-day prepaid plans

Telcos up the ante with benefits in 365-day prepaid plans

24-12-2019  comments

New Delhi (IANS) The battle among the telecom firms -- Jio, Airtel and Vodafone -- to capture customers on their 365-day prepaid plans has heated up after their recent tariff hikes.

On Monday, Jio launched '2020 Happy New Year Offer'…

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