Business

April 17, 2014 8:56 AM

JICA keen on funding toilets for women as part of Yamuna Action plan-3

Japan International CooperationAgency (JICA), a major fund provider for the Delhi Metro Rail Corporation (DMRC), is keen to offer its assistance to improve toilet facilities for women and poor in the city.JICA's country director from Japan, in-charge of India and Bhutan, Matsumoto Katsuo me...

April 16, 2014 9:09 PM

DGCA grounds 11 pilots of infrastructure major GMR

Aviation regulator DGCA has grounded 11 pilots and six cabin crew of GMR's aviation company for safety violations, virtually rendering its fleet non-operational, but the infrastructure major today refuted the charges.DGCA sources said that the unprecedented move came after the regulator&amp...

April 16, 2014 9:09 PM

SC says it's willing to defreeze Sahara bank accounts

The Supreme Court today said, it was willing to defreeze the bank accounts of Sahara and allow the group to sell properties to raise 10,000 crore rupees for getting bail to Subrata Roy and sought details in this regard.A bench comprising Justices K S Radhakrishnan and J S Khehar asked Sahara Group t...

April 16, 2014 8:54 PM

DGCA grounds 11 pilots of infrastructure major GMR

Aviation regulator DGCA has grounded 11 pilots of infrastructure major GMR for three months.DGCA sources said that DGCA's unprecedented move came after the regulator's team found that several flights operated by GMR Aviation in the last month, including one on Monday when an aircra...

April 16, 2014 8:44 PM

Power Grid Corporation of India Ltd. (PGCIL) and Power Grid Company of Bangladesh (PGCB) will conduct a joint feasibility study for exporting 100 MW power to Bangladesh from gas-fired Palatana power plant in Tripura.PGCB officials told reporters today that the study will be carried out within the ne...

April 16, 2014 6:49 PM

DGCA grounds 11 pilots of infrastructure major GMR

Aviation regulator DGCA has grounded 11 pilots of infrastructure major GMR for three months.DGCA sources said that DGCA's unprecedented move came after the regulator's team found that several flights operated by GMR Aviation in the last month, including one on Monday when an aircra...

April 16, 2014 2:29 PM

China's economic growth slowest in 1st quarter of 2014

China's economy grew at its slowest pace in the first quarter of 2014, official data showed on Wednesday. Reports say, the signs of waning momentum already promptedgovernment action to steady the world's second-largest economy.Authorities have ruled out major stimulus to fight shor...

April 16, 2014 2:29 PM

EU to set up authority to unwind failing banks; ends bailout era

The European Union's Parliament on Tuesday, completed the biggest overhaul of the bloc's financial system since the introduction of the euro currency, passing laws to minimise the risk and cost posed by failing banks.Lawmakers signed off on the creation of a European authority with...

April 16, 2014 2:15 PM

EU to setup authority to unwind failing banks; ends bailout era

The European Union's Parliament on Tuesday, completed the biggest overhaul of the bloc's financial system since the introduction of the euro currency, passing laws to minimise the risk and cost posed by failing banks.Lawmakers signed off on the creation of a European authority with...

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