ADB to provide up to $9 bn loan to India over 3 years
Committing to support infrastructure development in India, Asian Development Bank on Wednesday said it will provide up to $7-9 billion loan to the country over the next three years. “ADB’s operations for India will maintain high level of lending, amounting to a total of $7-9 billion over the... read more »
Kal cables challenges licence cancellation
The Union Information and Broadcasting Ministry has cancelled the provisional and permanent registration of the multi-system operator, part of Kalanithi Maran-headed Sun Group. Even as the Union Information and Broadcasting Ministry has cancelled the provisional and permanent registration of Kal... read more »
12 Indian firms among Forbes Asia’s Fabulous 50
A dozen Indian firms figure in this year’s Forbes Asia’s Fabulous 50 list of the region’s best big publicly traded companies. China boasts the most companies on the list, as it has for the last three years. But the number fell to 16, down from 20 last year and 23 the year before, according to... read more »
Minimum pension of Rs. 1,000 under EPFO; wage ceiling up at Rs. 15,000
The much-awaited minimum monthly pension of Rs. 1,000 and a higher wage ceiling of Rs. 15,000 for social security schemes run by retirement fund manager EPFO will be implemented from September 1. The government’s decision to fix pension entitlement of Rs. 1,000 under the Employees’ Pension... read more »
