Himadri company to invest Rs 1,000 cr in Bengal

Kolkata, March 14  Himadri Speciality Chemical will invest Rs 1,000 crore in five years to expand its carbon black business and expects to clock additional revenue of Rs 2,500-Rs 3,000 crore from the new product lines, an official said on Wednesday.

With this expansion, the company…

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RBI had cautioned banks multiple times on SWIFT misuse: Government

New Delhi, March 14 The RBI had issued two circulars in 2016 to banks on strengthening the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system, the misuse of which was unveiled last month in the Rs 12,600 crore fraud on state-run Punjab National Bank (PNB), Parliament was informed…

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IndiGo, GoAir cancel flights after DGCA orders grounding of A320neo planes

New Delhi, March 14 A day after the Directorate General of Civil Aviation (DGCA) directed the grounding of 11 A320neo aircraft, budget carrier Indigo cancelled 47 flights on various routes, according to the information available on the airline’s website, while GoAir had to cancel some flights originating out of…

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SC extends Aadhaar linking deadline

New Delhi, March 13  The Supreme Court on Tuesday extended the deadline for linking of various services with Aadhaar till it delivers its judgment on a batch of petitions challenging the constitutional validity of the biometrical identification scheme.

Announcing the order, a five-judge constitution bench, headed by Chief Justice…

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Equities record mega intra-day gain in 2 years

Mumbai, March 13 The key Indian equity indices on Monday witnessed the biggest intra-day gains in around two years with the benchmark BSE Sensex index surging by over 600 points and the Nifty50 of the National Stock Exchange (NSE) by almost 200 points.

According to market observers, across-the…

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