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Article on May 03, 2017

Cabinet Clears Ordinance To Amend Banking Act To Tackle NPAs

The Union Cabinet on Wednesday approved promulgation of an ordinance to amend the Banking Regulation Act for resolution of the NPA crisis facing public sector banks

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Cabinet Clears National Steel Policy, Makes Local Steel Mandatory In Govt Infrastructure Projects

The Union Cabinet on Wednesday approved a proposal to make the use of local steel mandatory for government's infrastructure projects, Finance Minister Arun Jaitley said, aimed at boosting the sales of local companies

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ICICI Bank Fourth-quarter Net Profit Rises Less Than Expected

ICICI Bank Ltd, India's third-biggest lender by assets, reported a smaller-than-expected rise in fourth-quarter net profit as bad loans grew

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China Unveils ‘Jelly’, World’s Smallest Smartphone

Chinese mobile phone innovators Unihertz this week unveiled Jelly – the world’s smallest smartphone. It is a next-generation mini-smartphone that defines a whole new invention in mobile phones

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Global Automakers Foray Into Indian Market With Big-Bang Investments, Groundbreaking Products

The years 2017-2020 may turn out be exemplary in the annals of the automotive industry as nearly 7-8 automakers would have either entered or are firming up plans to enter the Indian market in the next 1-3 years

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Little Done To Promote Traditional Medicine Systems, Says PM Modi

Prime Minister Narendra Modi on Wednesday rued that successive governments had sought to forget India's traditional medicinal systems instead of promoting them

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'We Are Looking At Domestic Trade Of 3-10 Million Per Month In LED Business'

In an interaction BW Businessworld, Raju Bista, MD, Surya Roshni shares the company’s journey in the LED market, its transition from CFL to LED and its growing thrust on R&D

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Sales Gap Between Honda And Hero Motocorp At An All Time Low

The gap between the number one player — Hero MotoCorp, and the number two player — HMSI, in monthly sales, which used to be between 100,000 and 150,000 units, came down to just 12,377 units in April 2017

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Marketing To The 'Always Connected' Customer

With traditional brand marketing moving the digital way, technology players have shown great interest in adopting it to boost their revenue prospects

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Sensex Ends Lower By 26 Points On Mild Selling Pressure

The Sensex ended power by 26 points to 29,894.80 and the NSE 50-share Nifty also moved down by mere two points to close at 9,311.95 due to selling pressure mainly in healthcare and refinery sectors amidst lower European cues and foreign capital outflows.

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