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PUBLIC SECTOR UNDERTAKING REVIVAL
Demerger may not be tax-neutral if holding company issues shares: Mumbai ITATMumbai ITAT ruled demerger share issuance by holding company invalidates loss carry-forward. A subsidiary receiving business must issue sha...
Axis Bank loses three senior executives amid leadership reshuffleAxis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within ...
Indian transformer makers shrug off re-entry of China; Capacity ramp-up and strong demand offset competitionIndian transformer producers exude confidence in the face of new rules that allow Chinese competition. Their strong order books and ongoing...
Parliamentary panel to review self-reliance, modernisation of Defence Public Sector Undertakings briefing todayThe Defence committee will meet to discuss defence public sector undertaking transformation. Earlier, the Finance committee reviewed digita...
Government Clears ₹1,238cr for 5 ITI Clusters; Rolls Out PM-SETU Scheme NationwideThe Ministry of Skill Development approved ₹1,237.58 crore for ITI cluster upgradation. This strategic investment will modernise five indus...
Ministries asked to fill top vacancies at CPSEs in 3 monthsThe government has issued a directive mandating that ministries address top management vacancies within a strict three-month timeframe. Del...
'Can't accept it without a proper reason': Employee shares HR's sick leave message, netizens reactAn anonymous employee's social media post ignited debate over workplace leave policies. HR requested specific reasons for sick leave, citin...
MSDE approves Rs 1,237 crore investment plans for upgradation of ITIs in Odisha, Gujarat, TelanganaThe 4th national steering committee under the under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-...
Private banks write off nearly half of NPAs in FY26, outpace PSBsPrivate banks significantly reduced bad loans by writing off nearly half of their exposure. This cleansing effort primarily targeted unsecu...
Karnataka: Govt blocking Centre's HMT revival plans as package gets ready, says HD KumaraswamyUnion Minister HD Kumaraswamy has accused the Karnataka government of obstructing the revival of HMT by using the forest department to clai...
Coal gasification pilot yet to take off despite ₹6,233 cr incentivesNearly a year after awarding ₹6,233 crore for coal gasification projects, none have progressed beyond planning. Despite multiple task force...
Delhi High Court rules BSNL/MTNL absorbed DoT employees not eligible for 7th CPC pension revisionDelhi High Court has ruled against pension revision for former DoT employees absorbed into BSNL/MTNL under the 7th Central Pay Commission. ...
From deep correction to fresh peaks: 10 stocks soar from 52-week lows to new highs in just three monthsSeveral large-cap Indian companies have seen their stock prices surge from 52-week lows to highs within just three months. This impressive ...
West Bengal plans tram route linking Dakshineswar and Kalighat templesWest Bengal is set to launch a new tram route connecting the Dakshineswar and Kalighat Kali temples, aiming to boost religious tourism. The...
Facing consequences of previous govts' neglect of Bengal's healthcare infra: CM Suvendu AdhikariOn Doctors' Day, Chief Minister Suvendu Adhikari criticized previous governments for leaving West Bengal's public healthcare system in a "d...
SBI raises $300 million under RBI's ECB swap windowState Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating-rate bonds in overseas markets. Th...
West Bengal govt eyes Calcutta Stock Exchange revival to reclaim financial hub statusKolkata's historic stock exchange is set for a revival, with the state's finance minister vowing to restore the city's financial capital st...