latest news in pcmc

South Korea is planning a law to ban cryptocurrencies such as Bitcoin being traded through its exchanges. The justice minister said virtual currencies were causing the government "great concern". Meanwhile, several Seoul


rbiWith ordinance in place, Finance Minister Arun Jaitley on Monday said the RBI is at a fairly advanced stage of preparing a list of borrowers where NPA resolution is required under the insolvency law and action on this front is expected soon.

The ordinance was promulgated last


mobile-india-4GMukesh Ambani - owned Reliance Jio on Monday said telecom companies not investing in new technology and instead leveraging their balance sheet are themselves to blame for financial difficulties.

businessSignaling the intent of the government, Power Minister Piyush Goyal on Monday said the ministry is doing its job to revive stalled and stressed thermal and hydro power projects.

"We are close to the resolution of stressed thermal power


arun-jaitleyReserve Bank of India (RBI) is at an advanced stage of preparing a list of bad loans where resolution is required under the country's insolvency and bankruptcy rules, Finance Minister Arun Jaitley said on Monday.

indigo-airlinesBudget airlines IndiGo has announced a three - day 'All Time Low' offer across its 39 domestic destinations with ticket prices starting as low as Rs 899.

The 'All Time Low' sale is on until June



Japanese carmaker Honda has stopped selling its multi purpose vehicle (MPV) Mobilio in India due to poor demand and it will decide within the next two months whether to bring a new version of the model or not. Honda Cars India, the



Indian auto shares rose on robust February sales growth of some automakers, which are returning to normalcy from the red since Prime Minister Narendra Modi demonetised high currency notes on November 8.

Tata Motors was up 3.4% while Bajaj Auto gained 2%,



Global healthcare leader Sanofi- Synthelabo (India) and German pharmaceutical firm Boehringer Ingelheim today said they have closed business swap which involves an exchange of over 80 brands between the two companies in India.


India’s economic growth slowed marginally to 7% in October-December from 7.4% in the previous quarter, government data showed on Tuesday, raising eyebrows among experts and economists.

The Central



NEW DELHI: The Railways will now provide space to postal department and private players to ferry their parcels in the guard's compartment of some selected trains.
According to the partnership with Department of Post (DoP), which



The Shanghai-based MicroPort Scientific Corporation has entered the Indian market within days of the National Pharmaceutical Pricing Authority imposing a cap on prices of coronary stents.

This is



With India remaining in the limelight over its reform push and rapid economic growth, World Bank’s Chief Executive Officer, Kristalina Georgieva is scheduled to visit India to take stock of the bank-funded projects and meet



The Medical Council of India recently barred 32 colleges across the country. Vidya Krishnan reconstructs how one of those, a Bhopal institute, marshalled doctors on hire, fake patients and life-saving equipment on rent for inspection



It's an end game for Norwegian telecom operator Telenor in India. Nearly eight years after venturing into India, Telenor has decided to call it quits. On Thursday, Telenor announced its plans to sell its entire operations in India to



NEW DELHI: Norway's Telenor group has decided to exit the Indian telecom market and sell its business to Bharti Airtel, signalling the growing pressures in the mobile industry following fierce competitive pressures after the entry of



The Indian software services companies will breathe a sigh of relief as the Indian ministries, authorities and industry lobby had a dialogue with a visiting eight-member US delegation headed by Congressman Bob GoodLatte, on the



In a first between Indian and Singapore business institutions, the Confederation of Indian Industry (CII) has signed a Technology Partnership MoU with two Singapore agencies to promote expertise in expanding businesses. The MoU was signed yesterday with



Haldiram’s, a business venture which started with a small shop in Rajasthan’s Bikaner, is now the biggest snacks maker in India, with an annual turnover of Rs 4,000 crore. The Indian snack major is now twice the size of Hindustan



Mukesh Ambani-promoted Reliance Jio’s partnership with Uber, the American cab-hailing company announced on Monday, signals a larger battle in the mobile wallet space where Paytm leads with over 160 million users. In Uber, too,



Vodafone Plc, the British telecom company has confirmed “ongoing talks” of merger with Aditya Birla Group-owned telecom operator Idea Cellular, to cushion itself against a price war with Reliance

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New Delhi: The government will soon launch Aadhaar Pay, a service that will enable people to make or receive payments through the Aadhaar unique identity number and biometrics. More


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BENGALURU: There's something about the name Bansal. After Sachin Bansal and Binny Bansal of Flipkart, Mukesh Bansal of Myntra, Rohit Bansal of Snapdeal and Peyush Bansal of



Paytm, India largest mobile payment and commerce platform have announced the availability of financing options on two - wheelers booked on its platform. The company has



Prevailing global negative sentiments forced the regulator, the Reserve Bank Of India (RBI) to keep all key rates unchanged. What it means for you and me is that interest rates will continue to remain remain in the higher regime for some more time.  What



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