Business News ( English Version)


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  • Time ripe for India to become aviation manufacturing hub: Scindia March 20, 2023
    India’s air traffic is seeing a record recovery from the pandemic blow and the time has come for the country to become a hub for manufacturing aerospace products. Union aviation minister Jyotiraditya Scindia on Monday cited the unprecedented highs of 4.3-4.4 lakh daily domestic passengers often being seen in lean travel March at a summit organised by aviatio […]
  • Mehul Choksi removed from Interpol database of Red Notices March 20, 2023
    The name of fugitive diamantaire Mehul Choksi wanted in a Rs 13,000-crore scam in the Punjab National Bank is understood to have been removed from the Interpol database of Red Notices on the basis of his plea to the Lyon-headquartered agency, people in the know of the development said. The Central Bureau of Investigation (CBI) remained tight-lipped on the de […]
  • RBI imposes Rs 2.27 crore penalty on RBL Bank March 20, 2023
    In a statement, the Reserve Bank of India (RBI) said the penalty has been imposed for non-compliance with certain provisions of the directions issued by it on 'Internal Ombudsman Scheme, 2018', 'Fair Practices Code for Lenders', 'Credit Card Operations of Banks', 'Managing Risks and Code of Conduct in Outsourcing of Financi […]
  • Air India confident on funding for world’s biggest aircraft deal March 20, 2023
  • Adani says Mundra petchem work suspended as finances not tied-up yet March 20, 2023
    Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for sett […]