Centre pressuring LIC, SBI to bail out IL&FS: Nirupam

Centre pressuring LIC, SBI to bail out IL&FS: Nirupam

Sunday, 30 September 2018 | PTI | Mumbai

The Congress in Mumbai has accused the Centre of pressuring Life Insurance Corporation (LIC) and State Bank of India (SBI) to bail out debt-ridden Infrastructure Leasing & Financial Services (IL&FS). LIC is the single largest owner in IL&FS with 25.34 per cent stake, while SBI holds 6.42 per cent in the...

PNB raises benchmark lending rate by up to 0.2%

Sunday, 30 September 2018 | PTI | New Delhi

Punjab National Bank (PNB) Saturday increased its benchmark lending rates or MCLR for the short-term loans by up to 0.2 per cent. With the revision overnight Marginal Cost of Funds Based Lending Rate (MCLR) stands at 8.2 per cent as against 7.9 per cent, PNB said in a filing on stock...

AAP mulls small-ticket crowdfunding

Sunday, 30 September 2018 | Staff Reporter | NEW DELHI

Gearing up for the Lok Sabha polls next year, the Aam Aadmi Party (AAP) discussed various models of “small ticket” crowdfunding at a meeting attended by party convener and Delhi Chief Minister Arvind Kejriwal on Saturday, party spokesperson Saurabh Bhardwaj said. "After election, we were dependent on big ticket fundings. Now,...

Business Corner

Sunday, 30 September 2018 | PNS

POSOCO holds AGM NEW DELHI: Power System Operation Corporation Ltd. (POSOCO) successfully concluded its Annual General Meeting on Saturday. This was the Company’s first Meeting with the presence of its whole time Directors after becoming an independent Government Company in January, 2017. Representatives from the Ministry and Auditors were also present....

Kejriwal shouldn’t have slapped energy charge: Tiwari

Sunday, 30 September 2018 | Staff Reporter | NEW DELHI

At one side when Delhi Chief Minister Arvind Kejriwal has said the proposed amendments in electricity act is "anti-people", the BJP Delhi unit Chief Manoj Tiwari said the AAP Government has joined hand with private companies.    "The Centre is trying to bring an Ordinance for withdrawal of excessive meter load surcharge,"...

CM challenges Shah to open debate on City Govt’s works

Sunday, 30 September 2018 | SR | New DelhI

Delhi Chief Minister Arvind Kejriwal on Saturday challenged BJP chief Amit Shah to an open debate on the work done by the AAP Government in three years in Delhi. "I challenge him for an open debate on our three years' work in education, health, power, road and water supply with...

Discom claims Rs 150 cr annual loss due to power theft

Sunday, 30 September 2018 | Staff Reporter | NEW DELHI

The Tata Power Delhi Distribution Limited (Tata Power —DDL), one of the major power Discoms in the national Capital which supplies electricity to around 70 lakh consumers in the North and Northwest Delhi on Saturday claimed that the Discom had suffered a huge loss of nearly Rs 150 crore in...

7K civilians flock IAF station in Jammu

Sunday, 30 September 2018 | PTI | Jammu

Nearly 7,000 civilian visitors thronged the Indian Air Force station here which organised a two-day static display of military assets here to mark the second anniversary of the surgical strikes, a defence spokesperson said Saturday. The enthusiastic civilians participated in the 86th anniversary celebrations of the IAF along with the second...

State Editions

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