Food delivery: Zomato buys stake in Grab and Pickingo

Last Updated: Wednesday, September 2, 2015, 10:48

Zomato is also set to launch online ordering service in Dubai, Australia and South Africa later this month.

Call drops: Govt initiates steps to address problem

Last Updated: Tuesday, September 1, 2015, 23:05

The TRAI will soon ask telecom companies to disclose information related to their services which would be publicised so that customers are aware of capacity of their operator and enable them to choose their service provider.

FinMin says no plan to take general insurance companies public

Last Updated: Sunday, August 30, 2015, 13:19

The new Insurance Act allows the government to disinvest its stake in five general insurance companies -- New India Assurance, United India Insurance, National Insurance, Oriental Insurance and sole reinsurer GIC Re.

Sebi wants companies to adopt 'Dividend Distribution Policy'

Last Updated: Sunday, August 30, 2015, 13:12

Without forcing the companies to pay the dividend, the proposed policy would require them to state the circumstances under which their shareholders can or cannot expect a payout.

Sensex firms miss CSR threshold by 30%, only 7 firms comply

Last Updated: Sunday, August 30, 2015, 13:10

Collectively, the 30 Sensex companies are estimated to have spent about Rs 3,500 crore on CSR initiatives during the 2014-15 fiscal, when they were required to spend nearly Rs 5,000 crore on such activities under the new Companies Act.

Govt mulls levying penalty on telcos for call drops

Last Updated: Wednesday, August 26, 2015, 19:02

A top official in the ministry said it will be conveyed to the owners that in case quality of service does not improve, option of levying penalty under licence conditions is not ruled out.

Optimise networks to curb call drops: Prasad to telcos

Last Updated: Tuesday, August 25, 2015, 20:43

With call drops becoming a cause of concern for the entire country, mobile operators need to rise to the occasion and they cannot escape their "responsibility and accountability", he said.

Pension biz of life insurers plunges 90% to Rs 2k cr in FY15

Last Updated: Sunday, August 23, 2015, 15:02

The pension business of life insurance players is down to a meagre Rs 2,000 crore in 2014-15, from Rs 20,000 crore in 2009-10.

OVL shortlisted for Mexican oil bid round

Last Updated: Sunday, August 23, 2015, 12:27

According to Mexico's National Hydrocarbons Commission, 14 bidders have been pre-qualified for the second phase of the Round One tender, the country's first licensing round in 88 years.

Five IPOs to hit market this month; to mop up Rs 1,500-cr

Last Updated: Sunday, August 23, 2015, 11:49

Five companies including Sadbhav Infrastructure Projects and Navkar Corp will hit the capital markets this month to raise an estimated over Rs 1,500 crore through IPOs.

Spectrum sharing positive for telecom sector: Ind-Ra

Last Updated: Friday, August 21, 2015, 14:43

Spectrum sharing will help large telecom companies address network congestion and make it easier for small players to provide advanced mobile technologies like 3G and 4G, an India Rating research report said today.