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Hindustan Aeronautics Ltd (HAL), the strategic state owned aerospace and defence PSU, executed its first digitized invoice discounting transaction on RXIL TReDS platform, when it accepted the digital invoice uploaded by Narendra Udyog, a Nasik based MSME (micro category) vendor.

New Delhi/Mumbai - The Serious Fraud Investigation Office (SFIO) has arrested Neeraj Singal, former promoter and managing director of Bhushan Steel Ltd. Singal has been charged with siphoning off more than ₹2,000 crore from Bhushan Steel’s bank loans, using 80 different companies. The companies were used for rotating funds through...

Indian Railways has recently announced a launch of a new train, Sri Ramayana Express. The services of Ramayana Express are likely to begin from November 14 from Delhi. The train will cover all the important locations associated with Hindu epic, Ramayana. From November 14, the Ramayana Express will cover Ayodhya,...

Delhi Metro Rail Corporation (DMRC) collected ₹38 lakh in fine from people sitting on the metro floor from June 2017 to May 2018, an RTI reply revealed. An estimated 19,026 people were fined for sitting on the floor of the train. DMRC collected a total of ₹90 lakh for offences...

NTPC Ltd. organized its 14th Analysts & Investors Meet on 1st August, 2018 in Mumbai. The Meet was addressed by Shri Gurdeep Singh, CMD, NTPC, in the presence of Shri Vivek Kumar Dewangan, Joint Secretary & Financial Advisor (Internal Finance & Budgetary Control), Ministry of Power, Shri Saptarshi Roy, Director...

The government will soon invite fresh bids for 100 per cent stake sale in Pawan Hans by issuing an addendum to the disinvestment document as ONGCNSE 1.17 % is ready to sell its entire stake in the company, an official said.

PepsiCo Inc said on Monday Indra Nooyi would step down as chief executive officer after 12 years at the helm and named President Ramon Laguarta as her replacement. Laguarta will take over from Nooyi on Oct. 3 and will also join the board, the company said in a statement. Nooyi,...