RBI may give payment bank licence to Post Department in August: Prasad

Last Updated: Saturday, June 27, 2015, 16:40

According to a source, Prasad has approved hybrid model suggested by Ernst & Young which prepared detailed project report on Post Bank of India (PBI).

Manmohan Singh defends himself after allegations in 2G scam

Last Updated: Wednesday, May 27, 2015, 16:20

Under attack over allegations in 2G scam, former Prime Minister Manmohan Singh on Wednesday asserted that he had "never used" public office to "enrich" himself, his family or friends.

Baijal says Manmohan Singh warned him of harm on 2G issue

Last Updated: Tuesday, May 26, 2015, 15:37

Yet another book has come out damming the previous UPA government with former TRAI Chairman Pradip Baijal alleging that the then Prime Minister Manmohan Singh had warned him of harm if he did not cooperate on 2G telecom licenses.

PNGRB extends bidding to issue licenses for CNG retailing

Last Updated: Monday, May 25, 2015, 13:22

Of the 20 cities for which Petroleum and Natural Gas Regulatory Board (PNGRB) wanted to issue city gas distribution licenses, 8 did not get any bid while 4 others got single bids at the close of tender on Friday.

Banking sector likely to witness up to 25% increase in hiring

Last Updated: Sunday, May 24, 2015, 11:12

There will be a significant increase in the salary at mid and senior levels, with most of the companies expanding their portfolio in the sector to retain the talent and compensation and increment rate can go anywhere between 10-15% for top performers.

Firms not responsible for absence of coal block approvals: CII

Last Updated: Thursday, January 9, 2014, 18:52

Stung by Supreme Court's statement that huge investments made in coal blocks cannot be a ground for not cancelling licenses, the CII today said coal mine allottees should not be penalised if actions taken by them for getting clearances have not yielded the desired results.

T-Mobile to buy Verizon spectrum for $3.3 billion, eyes more purchases

Last Updated: Tuesday, January 7, 2014, 01:54

T-Mobile US Inc is buying wireless airwave licenses from Verizon Wireless to improve its high-speed network in a USD 3.3 billion deal and said it hopes to follow up with more spectrum purchases.

HC admits Etisalat plea for winding up of JV with DB group

Last Updated: Saturday, November 23, 2013, 17:07

The Bombay High Court has admitted a petition filed by Etisalat Mauritius Ltd for winding up of its joint venture with India-based DB Group, observing that a deadlock exists between the main shareholders of Etisalat DB Telecom Private Ltd.

RBI favours easing regulatory moral hazards

Last Updated: Thursday, November 21, 2013, 18:49

The Reserve Bank on Thursday favoured liberalisation of bank licensing policies which otherwise could hinder entrance of new players and have an adverse impact on the economy and consumers.

Pak formulates policy for 3G telecom auction

Last Updated: Wednesday, October 2, 2013, 20:42

After much delay, Pakistan has prepared its policy directive for the much awaited auction of 3G licenses in the country.

Cipla chief calls for ‘obligatory’ drugs licenses

Last Updated: Friday, August 16, 2013, 21:44

The chairman of India’s oldest pharmaceutical firm Cipla has asked the Indian government to push for "obligatory licensing" of drugs to improve access to essential medicines in the Third World.

40,587 gun licenses issued in two years in J&K

Last Updated: Wednesday, March 6, 2013, 21:23

Over 40,000 gun licenses were issued during the last two years in Jammu and Kashmir, the state government Wednesday informed the Legislative Assembly.