1. Sania Mirza-Bruno Soares clinch U.S. Open mixed doubles title
Sania Mirza clinched her third mixed doubles Grand Slam crown as she
and partner Bruno Soares overcame a few anxious moments in the match tie-break to win the US Open.
The Indo-Brazilian pair, the top seeds, squandered five championship points before registering a 6-1, 2-6, 11-9 win over USA’s Abigail Spears and Santiago Gonzalez of Mexico. The match lasted exactly an hours.
2. 40% of loans referred to CDR cell may not come good: ICRA
Going by past trends, 35-40 per cent of the Rs. 2.5-lakh crore worth of loans being recast by the corporate debt restructuring (CDR) cell may fail, says credit rating agency ICRA.
“The proportion of unsuccessful cases (in the CDR cell) is fairly large,” the agency said, in a presentation.
The reasons for the failure include the absence of any improvement in the operating environment and the expected softening of interest rates not happening, said Karthik Srinivasan, Senior Vice-President & Co-Head (Financial Sector Ratings), ICRA.
3. RIL arm GenNext, Microsoft team up to develop start-ups
GenNext Ventures, a venture capital fund sponsored by Reliance Industries Ltd (RIL), has signed an agreement with Microsoft India to incubate start-ups and set up innovation hubs in the country. The first hub will start operations in Mumbai, with the first batch expected to start on October 6.
“The idea is to create a platform for innovation. We are looking at creating the next generation of innovators and create global leaders from Indian start-ups,” said Raghunath A Mashelkar, Chairman of GenNext Ventures and a member of the RIL board.
4. Pals Serena Williams, Caroline Wozniacki to meet in U.S. Open final
5. Slow governance responsible for decline in growth: Rajan
Attributing decline in economic growth to “slow governance” and faulty allocation of natural resources, Reserve Bank of India (RBI) Governor Raghuram Rajan has said gross domestic product (GDP) will improve to 7 per cent in the next three years on the back of political stability.
“The sharp slowdown in GDP from 8-9 per cent growth to 4-5 per cent in the last two years was caused by issues such as environment and land acquisition problems, delays in withdrawal of fiscal and monetary stimulus, irregularities around allocation of natural resources and slow governance,” a Citi report quoted Dr. Rajan as saying.Dr. Rajan had addressed a group of investors in Bosto
6. Petroleum Minister announces Rs. 4,500-cr network expansion in Odisha
Announcing a Rs. 4,500-crore expansion plan for Odisha, Union Petroleum Minister Dharmendra Pradhan today said te petrol, diesel and LPG network would be expanded to benefit all consumers in the State.
After reviewing the work of Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum and their marketing networks in Odisha, Pradhan said the State has an LPG consumer base of 28 per cent of the population. This would be raised to 33 per cent this year and to 50 per cent of all households in three years.
7. CCI probes public sector general insurance companies
Fair trade regulator Competition Commission of India (CCI) has started a probe against various public sector general insurers, including New India Assurance, for alleged unfair business practices with regard to third party administrators (TPAs).
Besides New India Assurance, Oriental Insurance, United Insurance and National Insurance, among others, have come under the scanner of the fair trade regulator.
It has been alleged that the four companies dealing in health insurance business were not allowing third party administrators or TPAs to work independently.
8. Ratan Tata seeks support for Mission Ocean
enowned industrialist and Tata Sons Chairman Emeritus Ratan Tata is seeking support for Mission Ocean, which aims to protect the high seas and restore ocean health.
He joins global leaders, including former Canadian Prime Minister Paul Martin and former WTO Director-General Pascal Lamy, who have written similar petitions to United Nations Secretary General Ban Ki-moon on the issue.
“The #ocean is essential for all life on earth _ time to protect it. Please join me and sign the petition,” Tata tweeted.
“Please join the mission for a healthy, living ocean and ask Ban Ki-moon to join our call for high seas protection and ocean health,” the petition added.
Highlighting the importance of oceans and marine life, Tata said: “Its resources and freedoms are being exploited at the expense of us all — especially the poorest in society“.
“Now more than ever, better ocean governance is critical for a more equitable and just world,” he added.
Marine and coastal resources are worth $ three trillion a year — around 5 per cent of the world’s GDP — and worldwide, 350 million jobs are linked to the ocean while 97 per cent of fishers live in developing countries.
9. Future Group ready to buy Nilgiris at less than Rs. 200 cr
Kishore Biyani, CEO, Future Group, is ready to declare ownership of southern supermarket market chain Nilgiris. The deal is estimated to be less than Rs. 200 crore
10. Johnson Controls keen to join smart city projects
Johnson Controls on Friday outlined their plans to support the growing green building movement in India while evincing interest to participate in the smart city projects planned across in the country.
Sania Mirza clinched her third mixed doubles Grand Slam crown as she
and partner Bruno Soares overcame a few anxious moments in the match tie-break to win the US Open.The Indo-Brazilian pair, the top seeds, squandered five championship points before registering a 6-1, 2-6, 11-9 win over USA’s Abigail Spears and Santiago Gonzalez of Mexico. The match lasted exactly an hours.
2. 40% of loans referred to CDR cell may not come good: ICRA
Going by past trends, 35-40 per cent of the Rs. 2.5-lakh crore worth of loans being recast by the corporate debt restructuring (CDR) cell may fail, says credit rating agency ICRA.
“The proportion of unsuccessful cases (in the CDR cell) is fairly large,” the agency said, in a presentation.
The reasons for the failure include the absence of any improvement in the operating environment and the expected softening of interest rates not happening, said Karthik Srinivasan, Senior Vice-President & Co-Head (Financial Sector Ratings), ICRA.
3. RIL arm GenNext, Microsoft team up to develop start-ups
GenNext Ventures, a venture capital fund sponsored by Reliance Industries Ltd (RIL), has signed an agreement with Microsoft India to incubate start-ups and set up innovation hubs in the country. The first hub will start operations in Mumbai, with the first batch expected to start on October 6.
“The idea is to create a platform for innovation. We are looking at creating the next generation of innovators and create global leaders from Indian start-ups,” said Raghunath A Mashelkar, Chairman of GenNext Ventures and a member of the RIL board.
4. Pals Serena Williams, Caroline Wozniacki to meet in U.S. Open final
5. Slow governance responsible for decline in growth: Rajan
Attributing decline in economic growth to “slow governance” and faulty allocation of natural resources, Reserve Bank of India (RBI) Governor Raghuram Rajan has said gross domestic product (GDP) will improve to 7 per cent in the next three years on the back of political stability.
“The sharp slowdown in GDP from 8-9 per cent growth to 4-5 per cent in the last two years was caused by issues such as environment and land acquisition problems, delays in withdrawal of fiscal and monetary stimulus, irregularities around allocation of natural resources and slow governance,” a Citi report quoted Dr. Rajan as saying.Dr. Rajan had addressed a group of investors in Bosto
6. Petroleum Minister announces Rs. 4,500-cr network expansion in Odisha
Announcing a Rs. 4,500-crore expansion plan for Odisha, Union Petroleum Minister Dharmendra Pradhan today said te petrol, diesel and LPG network would be expanded to benefit all consumers in the State.
After reviewing the work of Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum and their marketing networks in Odisha, Pradhan said the State has an LPG consumer base of 28 per cent of the population. This would be raised to 33 per cent this year and to 50 per cent of all households in three years.
7. CCI probes public sector general insurance companies
Fair trade regulator Competition Commission of India (CCI) has started a probe against various public sector general insurers, including New India Assurance, for alleged unfair business practices with regard to third party administrators (TPAs).
Besides New India Assurance, Oriental Insurance, United Insurance and National Insurance, among others, have come under the scanner of the fair trade regulator.
It has been alleged that the four companies dealing in health insurance business were not allowing third party administrators or TPAs to work independently.
8. Ratan Tata seeks support for Mission Ocean
enowned industrialist and Tata Sons Chairman Emeritus Ratan Tata is seeking support for Mission Ocean, which aims to protect the high seas and restore ocean health.
He joins global leaders, including former Canadian Prime Minister Paul Martin and former WTO Director-General Pascal Lamy, who have written similar petitions to United Nations Secretary General Ban Ki-moon on the issue.
“The #ocean is essential for all life on earth _ time to protect it. Please join me and sign the petition,” Tata tweeted.
“Please join the mission for a healthy, living ocean and ask Ban Ki-moon to join our call for high seas protection and ocean health,” the petition added.
Highlighting the importance of oceans and marine life, Tata said: “Its resources and freedoms are being exploited at the expense of us all — especially the poorest in society“.
“Now more than ever, better ocean governance is critical for a more equitable and just world,” he added.
Marine and coastal resources are worth $ three trillion a year — around 5 per cent of the world’s GDP — and worldwide, 350 million jobs are linked to the ocean while 97 per cent of fishers live in developing countries.
9. Future Group ready to buy Nilgiris at less than Rs. 200 cr
Kishore Biyani, CEO, Future Group, is ready to declare ownership of southern supermarket market chain Nilgiris. The deal is estimated to be less than Rs. 200 crore
10. Johnson Controls keen to join smart city projects
Johnson Controls on Friday outlined their plans to support the growing green building movement in India while evincing interest to participate in the smart city projects planned across in the country.
1. Sania Mirza-Bruno Soares clinch U.S. Open mixed doubles title
Sania Mirza clinched her third mixed doubles Grand Slam crown as she
and partner Bruno Soares overcame a few anxious moments in the match tie-break to win the US Open.
The Indo-Brazilian pair, the top seeds, squandered five championship points before registering a 6-1, 2-6, 11-9 win over USA’s Abigail Spears and Santiago Gonzalez of Mexico. The match lasted exactly an hours.
2. 40% of loans referred to CDR cell may not come good: ICRA
Going by past trends, 35-40 per cent of the Rs. 2.5-lakh crore worth of loans being recast by the corporate debt restructuring (CDR) cell may fail, says credit rating agency ICRA.
“The proportion of unsuccessful cases (in the CDR cell) is fairly large,” the agency said, in a presentation.
The reasons for the failure include the absence of any improvement in the operating environment and the expected softening of interest rates not happening, said Karthik Srinivasan, Senior Vice-President & Co-Head (Financial Sector Ratings), ICRA.
3. RIL arm GenNext, Microsoft team up to develop start-ups
GenNext Ventures, a venture capital fund sponsored by Reliance Industries Ltd (RIL), has signed an agreement with Microsoft India to incubate start-ups and set up innovation hubs in the country. The first hub will start operations in Mumbai, with the first batch expected to start on October 6.
“The idea is to create a platform for innovation. We are looking at creating the next generation of innovators and create global leaders from Indian start-ups,” said Raghunath A Mashelkar, Chairman of GenNext Ventures and a member of the RIL board.
4. Pals Serena Williams, Caroline Wozniacki to meet in U.S. Open final
5. Slow governance responsible for decline in growth: Rajan
Attributing decline in economic growth to “slow governance” and faulty allocation of natural resources, Reserve Bank of India (RBI) Governor Raghuram Rajan has said gross domestic product (GDP) will improve to 7 per cent in the next three years on the back of political stability.
“The sharp slowdown in GDP from 8-9 per cent growth to 4-5 per cent in the last two years was caused by issues such as environment and land acquisition problems, delays in withdrawal of fiscal and monetary stimulus, irregularities around allocation of natural resources and slow governance,” a Citi report quoted Dr. Rajan as saying.Dr. Rajan had addressed a group of investors in Bosto
6. Petroleum Minister announces Rs. 4,500-cr network expansion in Odisha
Announcing a Rs. 4,500-crore expansion plan for Odisha, Union Petroleum Minister Dharmendra Pradhan today said te petrol, diesel and LPG network would be expanded to benefit all consumers in the State.
After reviewing the work of Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum and their marketing networks in Odisha, Pradhan said the State has an LPG consumer base of 28 per cent of the population. This would be raised to 33 per cent this year and to 50 per cent of all households in three years.
7. CCI probes public sector general insurance companies
Fair trade regulator Competition Commission of India (CCI) has started a probe against various public sector general insurers, including New India Assurance, for alleged unfair business practices with regard to third party administrators (TPAs).
Besides New India Assurance, Oriental Insurance, United Insurance and National Insurance, among others, have come under the scanner of the fair trade regulator.
It has been alleged that the four companies dealing in health insurance business were not allowing third party administrators or TPAs to work independently.
8. Ratan Tata seeks support for Mission Ocean
enowned industrialist and Tata Sons Chairman Emeritus Ratan Tata is seeking support for Mission Ocean, which aims to protect the high seas and restore ocean health.
He joins global leaders, including former Canadian Prime Minister Paul Martin and former WTO Director-General Pascal Lamy, who have written similar petitions to United Nations Secretary General Ban Ki-moon on the issue.
“The #ocean is essential for all life on earth _ time to protect it. Please join me and sign the petition,” Tata tweeted.
“Please join the mission for a healthy, living ocean and ask Ban Ki-moon to join our call for high seas protection and ocean health,” the petition added.
Highlighting the importance of oceans and marine life, Tata said: “Its resources and freedoms are being exploited at the expense of us all — especially the poorest in society“.
“Now more than ever, better ocean governance is critical for a more equitable and just world,” he added.
Marine and coastal resources are worth $ three trillion a year — around 5 per cent of the world’s GDP — and worldwide, 350 million jobs are linked to the ocean while 97 per cent of fishers live in developing countries.
9. Future Group ready to buy Nilgiris at less than Rs. 200 cr
Kishore Biyani, CEO, Future Group, is ready to declare ownership of southern supermarket market chain Nilgiris. The deal is estimated to be less than Rs. 200 crore
10. Johnson Controls keen to join smart city projects
Johnson Controls on Friday outlined their plans to support the growing green building movement in India while evincing interest to participate in the smart city projects planned across in the country.
Sania Mirza clinched her third mixed doubles Grand Slam crown as she
and partner Bruno Soares overcame a few anxious moments in the match tie-break to win the US Open.The Indo-Brazilian pair, the top seeds, squandered five championship points before registering a 6-1, 2-6, 11-9 win over USA’s Abigail Spears and Santiago Gonzalez of Mexico. The match lasted exactly an hours.
2. 40% of loans referred to CDR cell may not come good: ICRA
Going by past trends, 35-40 per cent of the Rs. 2.5-lakh crore worth of loans being recast by the corporate debt restructuring (CDR) cell may fail, says credit rating agency ICRA.
“The proportion of unsuccessful cases (in the CDR cell) is fairly large,” the agency said, in a presentation.
The reasons for the failure include the absence of any improvement in the operating environment and the expected softening of interest rates not happening, said Karthik Srinivasan, Senior Vice-President & Co-Head (Financial Sector Ratings), ICRA.
3. RIL arm GenNext, Microsoft team up to develop start-ups
GenNext Ventures, a venture capital fund sponsored by Reliance Industries Ltd (RIL), has signed an agreement with Microsoft India to incubate start-ups and set up innovation hubs in the country. The first hub will start operations in Mumbai, with the first batch expected to start on October 6.
“The idea is to create a platform for innovation. We are looking at creating the next generation of innovators and create global leaders from Indian start-ups,” said Raghunath A Mashelkar, Chairman of GenNext Ventures and a member of the RIL board.
4. Pals Serena Williams, Caroline Wozniacki to meet in U.S. Open final
5. Slow governance responsible for decline in growth: Rajan
Attributing decline in economic growth to “slow governance” and faulty allocation of natural resources, Reserve Bank of India (RBI) Governor Raghuram Rajan has said gross domestic product (GDP) will improve to 7 per cent in the next three years on the back of political stability.
“The sharp slowdown in GDP from 8-9 per cent growth to 4-5 per cent in the last two years was caused by issues such as environment and land acquisition problems, delays in withdrawal of fiscal and monetary stimulus, irregularities around allocation of natural resources and slow governance,” a Citi report quoted Dr. Rajan as saying.Dr. Rajan had addressed a group of investors in Bosto
6. Petroleum Minister announces Rs. 4,500-cr network expansion in Odisha
Announcing a Rs. 4,500-crore expansion plan for Odisha, Union Petroleum Minister Dharmendra Pradhan today said te petrol, diesel and LPG network would be expanded to benefit all consumers in the State.
After reviewing the work of Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum and their marketing networks in Odisha, Pradhan said the State has an LPG consumer base of 28 per cent of the population. This would be raised to 33 per cent this year and to 50 per cent of all households in three years.
7. CCI probes public sector general insurance companies
Fair trade regulator Competition Commission of India (CCI) has started a probe against various public sector general insurers, including New India Assurance, for alleged unfair business practices with regard to third party administrators (TPAs).
Besides New India Assurance, Oriental Insurance, United Insurance and National Insurance, among others, have come under the scanner of the fair trade regulator.
It has been alleged that the four companies dealing in health insurance business were not allowing third party administrators or TPAs to work independently.
8. Ratan Tata seeks support for Mission Ocean
enowned industrialist and Tata Sons Chairman Emeritus Ratan Tata is seeking support for Mission Ocean, which aims to protect the high seas and restore ocean health.
He joins global leaders, including former Canadian Prime Minister Paul Martin and former WTO Director-General Pascal Lamy, who have written similar petitions to United Nations Secretary General Ban Ki-moon on the issue.
“The #ocean is essential for all life on earth _ time to protect it. Please join me and sign the petition,” Tata tweeted.
“Please join the mission for a healthy, living ocean and ask Ban Ki-moon to join our call for high seas protection and ocean health,” the petition added.
Highlighting the importance of oceans and marine life, Tata said: “Its resources and freedoms are being exploited at the expense of us all — especially the poorest in society“.
“Now more than ever, better ocean governance is critical for a more equitable and just world,” he added.
Marine and coastal resources are worth $ three trillion a year — around 5 per cent of the world’s GDP — and worldwide, 350 million jobs are linked to the ocean while 97 per cent of fishers live in developing countries.
9. Future Group ready to buy Nilgiris at less than Rs. 200 cr
Kishore Biyani, CEO, Future Group, is ready to declare ownership of southern supermarket market chain Nilgiris. The deal is estimated to be less than Rs. 200 crore
10. Johnson Controls keen to join smart city projects
Johnson Controls on Friday outlined their plans to support the growing green building movement in India while evincing interest to participate in the smart city projects planned across in the country.
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