LT Construction awarded contract to build Navi Mumbai international airport

GVK said in a BSE filing that the key development spectrum covers include cut and fill works, departure and arrival forecourts, airfield development works, and landside facilities.

CG Power sacks CFO, posts Rs 507 crore loss in FY19

Venkatesh was the second head to roll out from the scam-ridden company.

Govt puts restrictions on imports of agarbatti

Now importers of these goods require licence from the government for import purpose.

Allowing single-brand retailers to sell online first to help global firms tap Indian market: Deloitte

The government recently relaxed norms for single-brand retailers having foreign investment to attract global players.

This week in Auto: Car discounts hit new peak; Kia, Hyundai launch portable e-scooter

Here is a list of all the major headlines from the auto space

The story of India’s 1.2 lakh #39;orphaned#39; life insurance policies

‘Orphaned’ policies refer to a situation where a life insurance policy originally sold by an agent becomes unserviceable after this individual quits the business

The story of India’s 1.2 lakh #39;orphaned#39; life insurance policyholders

‘Orphaned’ policies refer to a situation where a life insurance policy originally sold by an agent becomes unserviceable after this individual quits the business

Government to infuse Rs 55,250 crore for strengthening banks, push lending

This was the second set of measures announced by Finance Minister Nirmala Sitharaman to prop up the economy and at least one more is expected next week.

HDFC sells Gruh Finance shares worth nearly Rs 1,665 crore

Shares of Gruh Finance on August 30 closed at Rs 258.40, up 3.55 percent on the BSE.

NPCI revises merchant discount rates for BHIM UPI transactions

Presently, this is capped at 0.25 percent for transactions up to Rs 2,000 and at 0.65 percent for transactions above Rs 2,000.

13% companies will leave China, says Donald Trump as new tariffs all set to kick in

After coming to power, Trump has imposed hefty tariffs on import of Chinese products, resulting in a trade war between the two biggest economies of the world.

Banks merger reflects govt resolve to address economic slowdown: India Inc

United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank, making the proposed entity the second largest public sector bank

Sharp slowdown likely across auto segments in August; Maruti, Tata Motors, Eicher sales may fall over 30%

In case of Eicher Motors, Nomura expects overall commercial vehicle volumes to decline 33 percent YoY

Amul to focus on Indian sweets; may hike prices of cheese, butter: MD RS Sodhi

In May, Amul increased milk prices by Rs 2 per litre

Nitin Gadkari proposes kulhad tea cups, tax on Chinese agarbatti

The Union minister said that with a view to provide impetus to the pottery industry, kulhad could be introduced at tea stalls at 400 railway stations.

Policy Play | Will the PSU bank merger achieve its desired objective?

The banks being merged have been losing deposit and credit market share and any improvement in the near term is unlikely

NDRF, Wipro to work together in design for additive manufacturing of aerospace systems

According to an MoU signed on Friday, NDRF and Wipro 3D would also offer competency building and advisory programmes relating to additive manufacturing.

SEBI allows AMCs to join inter-creditor agreements, but with conditions

AMCs will have to take approval from the board and trustees before signing the ICA

New FDI norms may help domestic retailers as contractors get manufacturer status: Report

The rules may come as a relief to brands that depend on third-party sourcing.

Hinduja Group adds Vipin Sondhi to global leadership team

The position of Managing Director and CEO at the group#39;s flagship commercial vehicles maker Ashok Leyland has been vacant since Vinod Dasari left in March this year.

Self-driving pickup service to be launched in Shanghai by DiDi

DiDi Chuxing has won permits from the Shanghai government on Wednesday to test its self-driving fleet, Chinese ride-hailing giant, DiDi Chuxing

Mahindra begins Peugeot e-scooter exports from India, lays off one-fifth of workforce

The cumulative loss at Peugeot Motorcycles since the takeover in 2015 stands at 129 million Euro (Rs 1,735 crore)

Apple may still find it difficult in India despite eased regulations

While the government’s step is incrementally positive for the company, it may not result in an immediate strategic shift from Apple#39;s side.

HC gives six months to Uttarakhand govt for policy decision on liquor ban

The order came on a public interest litigation (PIL) filed by an advocate and a resident of Garuda in Bageshwar district in Uttarakhand.

Jet Airways insolvency: More suitors sought as EoI deadline expires on August 31

As of now, only two companies - RA Creator and Synergy Group - are in the fray

Shriram Transport Finance internal panel to meet next month to consider raising funds

"The company is considering raising of funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue and/ or private placement basis," Shriram Transport Finance Company said in a regulatory filing.

LT JV bags order for THDC India#39;s super thermal power project in Uttar Pradesh

LT-MHPS Boilers (LMB) is a joint venture of Larsen a Toubro (LT) and Mitsubishi Hitachi Power Systems (MHPS), while THDC is a JV between the government of India and the government of Uttar Pradesh.

Auto companies in India cut more jobs, halt production to tackle slowdown

Japanese carmaker Toyota Motor and South Korea#39;s Hyundai Motor are the latest in a string of companies to briefly halt some parts of production at plants to combat slumping sales, according to company memos to employees, reviewed by Reuters.

Glenmark Pharma gets USFDA nod for skin treatment ointment

Glenmark Pharmaceuticals Inc., USA, has been granted final approval by the the United States Food and Drug Administration (USFDA) for Pimecrolimus Cream, 1 per cent, the company said in a BSE filing.

What are the documents required for personal loan?

Personal Loan Documents: Find out the list of documents required for Salaried, Self-employed NRI individuals while applying for Personal Loan at Moneycontrol.

Personal Loan: How to choose the best scheme online in India

Instant Personal Loan Online: Get an overview of Personal Loan Eligibility, Interest Rates more at Moneycontrol. Also, find out the list of tops banks offering Best Personal Loan in India.

All about car insurance renewal online

Car Insurance Renewal: A step by step guide on when your car insurance is up for renewal. Know how to renew your Car Insurance Policy Online in India at Moneycontrol.

A complete guide on car insurance policy online

New Car or Four Wheeler Insurance: Get a complete overview of the Importance of Car Insurance, Benefits how to buy a Car Insurance policy online in India at Moneycontrol.

KEI Industries: A quality midcap that offers growth at reasonable valuation

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India to woo foreign firms like Apple to capitalise on US-China trade war

Several Indian officials met on Aug. 14 and discussed a list of "target companies" that also include Taiwan-headquartered contract manufacturer Pegatron Corp, a source with direct knowledge said.

Burger King Corp not to raise stake in India biz: Burger King India CEO

Majority stake of Burger King India is held by Everstone Capital, which holds 87.5 per cent, and reports suggest that the private equity firm was scouting for opportunity to divest stake.

Digital payment volumes set to grow at 20% per annum: Report

The progressive thinking of the RBI, central and state governments, industry associations and payment enterprises will make this target achievable, the report by KPMG, a consultancy, said.

Air India Express, Alliance Air to ban single-use plastic from October 2

In his Independence Day speech, Prime Minister Narendra Modi had urged people to shun single-use plastic and encouraged usage of jute and cloth bags to protect the environment.

Ganpati mandals insurance sees flat growth as organisers go for cost-cutting

All the mandals (organisers) put together have taken about Rs 610 crore of insurance cover this season

FM Nirmala Sitharaman press conference LIVE updates: To announce more measures to boost economy in coming weeks

Track this space for all live updates on Finance Minister Nirmala Sitharaman#39;s press conference. The briefing will likely to discuss the state of the economy.

FM Nirmala Sitharaman press conference LIVE updates: Too early to judge the industries#39; response to Govt’s steps

Track this space for all live updates on Finance Minister Nirmala Sitharaman#39;s press conference. The briefing will likely to discuss the state of the economy.

Scrap policy for white goods may lead to higher MRP of products

Incentives will be given to customers for exchanging old appliances.

E-commerce needs to step up info disclosure, join hands with govt civil society: Report

The Department of Consumer Affairs has also released a set of guidelines with the objective of ensuring consumer protection in e-commerce.

Poor recovery set to take toll on PSBs recapitalisation plan

Resolution under IBC meant excessive delays and major haircuts in claims for most of the public sector banks.

Tata Projects executes 41.42-km transmission line in Thailand

The total line length is 78.5 km and Tata Project-TEDA consortium executed the major portion comprising 41.42 km.

CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny

The internal investigation launched by the board had unearthed several multi-crore fraudulent transactions that point towards alleged fund diversion, mismanagement, unauthorized advances and corporate guarantees to promoter affiliate companies and connected parties.

Can Indian IT companies finally break into the Chinese market, the second largest in world?

Tech Mahindra#39;s recent announcement about its focus on China is a case in point.

Eager to offer Indian customers online, in-store experience: Apple on easing of FDI norms

The comments come after the government on Wednesday eased the FDI norms for single-brand retail, offering more flexibility on local sourcing norms. It also did away a provision that required companies to mandatorily set up a brick-and-mortar store before getting into online retail trading.

Infibeam Avenues partners with Riyad Bank for digital payments solution

With the strong focus on international expansion, the company has made strong inroads into Saudi Arabia market with its digital payment platform, IAL said in a release.

MG Motor India ties up with Delta Electronics for fast charging stations

"Our partnership with Delta, is another aspect of our commitment to help us (the company) pioneer and further develop the ecosystem for EVs in India, months ahead of the scheduled launch," MG Motor India Chief Commercial Officer Gaurav Gupta said in a statement.