Business

Indian Railways junks talks on ticket prices hike

Since some time, there were rumours going around of  a possibility of a hike in passenger train fares.

Rubbishing all these talks, the national…

Tata Power bags 110 MW solar power project worth Rs 488 cr from KSEB

Tata Power has bagged a contract worth Rs 488 crore from the Kerala State Electricity Board Limited (KSEBL) to develop a 110 MW solar project. The…

Fake GST invoicing on the rise!

Time is such when the government is struggling with low revenue collection due to the COVID-19 Pandemic Virus, cases of fake GST invoicing frauds are…

Coal India Limited (CIL) to close fiscal with 120 million tonnes of coal offered under e-auction mode

Coal India Limited (CIL) will close the current fiscal with 120 million tonnes of coal offered under the e-auction mode, the highest ever amount auctioned…

Exim Bank’s $ 1bn bonds sold in 3 hrs

With a $1-billion fund-raise by issuing 10-year bonds, Exim Bank has raised the first foreign borrowing of  2021. The bank, which is rated on a par…

Services sector hit by rising costs and Covid-19

For the second time in a row, the growth of the service sector fell in December. It was in addition to a spike in costs and Covid-19 cases and global…

Govt initiates process to introduce pan-India network of seaplanes

In a major boost to easier connectivity to remote locations and tourism, the Union government is initiating the process to launch seaplane services…

Lendingkart’s revenues grow to Rs. 10. 95 crore, losses grow in 65 pc in FY20; losses grew 20 pc

Small business lender Lendingkart, that provides working capital loans and business loans, has reported a 20.2 per cent increase in standalone revenue…