Business

September 9, 2014 10:25 PM

FMC not to approve new contracts for trading on MCX<br/>

Forward Markets Commission has said that it will not approve new contracts for trading on Multi-Commodity Exchange - MCX. In a circular issued to MCX, the regulator has said, new contracts will not be approved till it meets certain conditions and its contract launch calendar for 2015 will also be ke...

September 9, 2014 9:38 PM

Centre seeks states' cooperation to achieve '24×7 Power for All'

Government has urged all States to work together in a time bound manner to achieve the goal of 24x7 Power for All. Addressing a Conference of State Ministers of Power and Mines in New Delhi today, Power Minister Piyush Goyal said that a mission mode approach in a fast track manner, needs to be adopt...

September 9, 2014 6:28 PM

AAI develops low cost model airport to promote remote area connectivity

Airports Authority of India, AAI, has developed a Low Cost Model Airport, providing essential services required to operationalize an airport, to promote regional and remote area connectivity with a focus on promoting tourism and other economic activities. It would be a No Frills airport model withou...

September 9, 2014 2:09 PM

AAI develops No Frills airport model to promote tourism

Airports Authority of India has developed No Frills airport model to promote tourism and other economic activities in smaller cities without compromising on safety and security.Briefing reporters on the completion of hundred days of the new government, minister for Civil Aviation, Ashok Gajapati Raj...

September 9, 2014 8:08 AM

SC grants 15 more days to Sahara Chief to sell hotels

The Supreme Court has granted 15 more working days to Sahara chief, Subrata Roy to finalise the deal to sell his three luxury hotels. The money raised from the deal is to be deposited with Securities &amp; Exchange Board of India, SEBI in order to get bail. The bench, after going through the doc...

September 8, 2014 9:00 PM

Govt to launch Labour Inspection scheme to end Inspector raj

The Government will launch Labour Inspection scheme to end Inspector raj in the country. Inspectors have to upload a report of their inspection within 72 hours on the website and the computer will generate the area of inspection. Addressing a press conference in New Delhi today, Labour Minister Nare...

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