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- Time ripe for India to become aviation manufacturing hub: Scindia March 20, 2023India’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, 2023The 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, 2023In 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, 2023Embattled 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 […]
- Share of women staffers in public sector banks rose this year: Govt. March 20, 2023Indian Overseas Bank had the highest share of female staffers in their total staff strength at 36%
- Rush for safety eases as markets digest Credit Suisse rescue March 20, 2023European bank shares recover from early slump
- Finmin lifts bar on CPSUs issuing letters of comfort March 20, 2023
- Cisco India intensifies focus on cybersecurity March 20, 2023The firm would set up a new data centre in Chennai and upgrade its existing data centre in Mumbai
- Europe's bank bonds battered after Credit Suisse debt wipeout March 20, 2023