Nusli Wadia withdraws defamation cases against Ratan Tata

New Delhi (IANS) On the suggestion of Chief Justice S.A. Bobde, Nusli Wadia on Monday in the Supreme Court withdrew the defamation cases against Ratan Tata.

Chief Justice Bobde appreciated Wadia Group chairman's response on the suggestion.…

Nilekani defends Infosys concealing whistleblowers' complaints

Bengaluru (IANS) The global software major was absolutely right in concealing the whistleblowers' complaints from the regulators and the media, Infosys chairman Nandan Nilekani has said.

"It is not the job of companies to take a whistleblower's…

'Mid-size enterprises neglected under MSME ministry'

New Delhi (IANS) Middle-scale enterprises face policy bias from the Ministry of Micro, Small and Medium Enterprises (MSME) and the administrative control of the such enterprises should be shifted to the Ministry of Commerce and Industries, according…

Auto expo to witness 60 launches; Jio, FB to attend

New Delhi (IANS) To re-attract consumers, the slowdown-dented automobile sector has lined up 60 launches, new technology offerings from debuting global brands at the biennial Auto Expo 2020.

In addition to auto manufacturers, Reliance Jio and…

Twitterati praise Mahindra's fund for micro entrepreneurs

New Delhi (IANS) Industrialist Anand Mahindra on Saturday tweeted that he has set aside Rs one crore as initial fund to invest in micro entrepreneurs, after watching a clip of a physically and hearing challenged person who makes e-bikes from waste…

ITPCL debt structuring suffers due to TN utility arrears

New Delhi (IANS) The debt restructuring efforts for IL&FS Tamil Nadu Power Company Limited (ITPCL) is being hindered due to overdue payments from the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).

According to an IL&FA…

Edible oil prices rise by 15% in a month

New Delhi (IANS) The prices of crude palm oil (CPO) have gone up to 15 per cent in last one month after India imposed restrictions on imports on refined palm oil from Malaysia.

On the Multi Commodity Exchange (MCX), all CPO futures traded up…

No relief from soaring petrol, diesel prices

New Delhi (IANS) Even as crude oil prices declined for the fourth consecutive day on Friday after tensions between the US and Iran subsided, the consumers in India do not seem to be getting relief from the rising prices of petrol and diesel.

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Sensex near record levels again as oil cools

Mumbai (IANS) Sensex and Nifty gained during the early trade on Friday to surge near record levels.

Brent Crude traded near $65 a barrel on Friday after it shot as much as $71 over the US-Iran tension last week.

At 10.14 a.m., the Sensex…

Ban on Malaysian ref palm oil imports to help domestic industry

New Delhi (IANS) India has imposed restrictions on refined palm oil imports from Malaysia, although crude palm oil (CPO) imports from the country will continue. The move is being viewed as a major step to benefit the domestic industry in the country.
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