Penalty must act as a deterrent.If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay. Recently,
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Oil Min tells ONGC to give 60% stake in Mumbai High, Bassein fields to foreign cos
The petroleum ministry has told ONGC to give away 60%stake plus operating control in India’s largest oil and gas producing fields of Mumbai High and Bassein to foreign companies, according
Continue reading »Hotels roll out red carpet for year-end vacationers
After a better-than-expected Dussehra weekend, hospitality firms are hopeful of ending the year on a positive note by doing good business over Christmas and the New Year. Typically, year-end bookings
Continue reading »Chip woes dent festive mood for auto firms
The first leg of the 35-day festive period, which ended with Dussehra, failed to bring any cheer for auto companies. While makers of passenger vehicles struggled to meet demand due
Continue reading »Telecos vie for more space in Indian Space Association
Indian Space Association (ISpA) chairman Jayant Patil has said that the executive council will debate whether it can include more telecom companies as founding members. The response came after some
Continue reading »How to save yourself from financial frauds, online and offline
There’s very little you can do about cyber crime at your end, apart from being more vigilant. But certain things that you should do can make a lot of difference.
Continue reading »PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals
Over the next three years, RBI expects more than 200 million new users to adopt digital payments, with the average annual transactions per capita rising tenfold from 22 to 220.
Continue reading »Govt agrees to Air India employees’ main demands
Tata Sons is the front runner to take over the national carrier, which has accumulated losses of over Rs 70,000 crore till March 31, 2020. The central government has agreed
Continue reading »Stocks: ‘Third wave will bring near-term challenges’
‘Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.’ It has been a choppy ride for the markets in the
Continue reading »Audi’s electric SUV — no gear, no sound and no engine!
However, it has an auditory feature that throws up a soft but audible whirring sound like a spaceship while driving as well as a different tone on the outside to
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