Assam Co eligibility hurdle

The corporate insolvency resolution process of Assam Company continues to be dogged by controversies over the conditions set in the tender, with one more company seeking to bring down the eligibility criteria of the bidders.
Our Special Correspondent May 15, 2018 00:00 IST

WPI inflation rises to 3.18% in April on costlier fuel, fruits

Inflation based on wholesale prices shot up to 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables. 
May 14, 2018 13:28 IST

Swadeshi leash on reform rush

The Narendra Modi-government is likely to face a number of challenges from within the Sangh Parivar to its economic policies after the Karnataka elections.
Jayanta Roy Chowdhury May 14, 2018 00:00 IST

Bengal pipeline impasse

The proposed 125km pipeline by the Hiranandanis in south Bengal which will stretch to Bangladesh is facing more hurdles with state-owned Indian Oil Corporation claiming to be the sole supplier of regasified liquefied natural gas (RLNG) under an MoU between New Delhi and Dhaka.
R. Suryamurthy May 14, 2018 00:00 IST

HDFC Bank drives up credit card use

HDFC Bank is looking to double the penetration of credit cards among its customer base over the next three years.
VIVEK NAIR May 14, 2018 00:00 IST

Novel NPA palliative

The finance ministry is examining a proposal to find innovative ways to deal with the burden of NPA provisions by issuing provision shore-up certificates (PSC) to banks.
PTI May 14, 2018 00:00 IST

Ford exports beat local sales

Ford India's exports are almost double its domestic sales.
Our special correspondent May 14, 2018 00:00 IST

Used Harleys ready for sale

US-based cult bike manufacturer Harley-Davidson has announced plans to enter the used business segment and was currently piloting the concept in some of its dealerships, a top company official has said.
PTI May 14, 2018 00:00 IST

Cars want out of EU pact

The automobile industry wants cars to be kept out of any free trade pact with the European Union as the resumption of the long stalled trade talks is on the cards.
PTI May 14, 2018 00:00 IST

Hindujas buy solar player

Hinduja National Power Corp, part of the Hinduja group, has acquired Kiran Energy Solar Power for around Rs 1,000 crore, two sources close to the development have said.
PTI May 14, 2018 00:00 IST

A fine balance

Retirement, like a sunny morning after cheerless days of heavy rainfall, can be a blessing, but only if you are prepared for it financially and otherwise. Among investors belonging to various age-groups, no other faction is as vulnerable as retired individuals when it comes to finances.
May 14, 2018 00:00 IST


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