First woman chief of aviation regulator takes charge
India’s first woman chief of aviation regulator Directorate General of Civil Aviation (DGCA) M. Sathiyavathy took charge Thursday from erstwhile incumbent Prabhat Kumar. According to a civil aviation ministry official,


Reliance Mutual to launch equity oriented pension scheme
Anil Ambani-led Reliance Group’s fund house Reliance Capital Asset Management (RCAM) will come out with an equity oriented pension scheme with tax benefits in the middle of this month, an


Mid India Industries delisted at Ahmedabad Stock Exchange
Textile small-cap company Mid-India Industries Ltd (MIIL) Thursday said the Ahmedabad Stock Exchange (ASE) has approved its appeal for delisting from the bourse. According to the company’s filing to the


General Motors India sales down in Dec
General Motors India Thursday said it closed last month selling 2,086 units lesser then what it sold in Dec 2013. In a statement issued, the company said it sold 3,619


Samsung realigns key positions in India
South Korean consumer electronics giant Samsung Thursday announced realignment of key positions after the retirement of Ravinder Zutshi, deputy managing director, Samsung India Private Limited, a company statement said here.

Arun Jait

Will boost investment in infrastructure, manufacture in 2015: Jaitley
The government will encourage public and private investment in infrastructure and manufacturing sectors, Finance Minister Arun Jaitley said Wednesday making his New Year resolution on a social networking website. “Infrastructural


End-September external debt swells to $455 bn
Recording an increase of 3.1 percent, equivalent to $13.7 billion, over the level at the close of the last fiscal in March, India’s external debt in end-September stood at $455.9


Canara Bank appoints V.S. Krishnakumar as interim MD, CEO
State-owned Canara Bank Thursday said it has appointed its executive director V.S. Krishnakumar as the interim managing director and CEO for three months in accordance with the central government directives.


India sets up task force to revive domestic mobile manufacturing
Aiming to take the Make in India programme a step further, the Department of Electronics and Information Technology (DeitY) has formed a Fast Track Task Force to re-establish growth in


IEC Award winners 2012