On Friday, Volvo Cars India, the subsidiary of Swedish automaker Volvo Cars, started an initiative towards spreading awareness about clean air in the country. The campaign covers three areas: a school programme, dealership-led initiatives, and developing clean zones.

School programme: The company will hold sessions—in chosen schools across the country—with environmentalists on the effects and causes of air pollution.

The National Highways Authority of India may acquire incomplete projects of the debt-laden Infrastructure Leasing & Financial Services (IL&FS), a senior government official said.

“NHAI has flagged issues on projects of IL&FS to the ministry of roads, transport and highways,” the official said. “There can be negotiated settlement for incomplete projects since liquidity is a problem…

US President Donald Trump has said that his administration has taken the "toughest-ever action" to crack down on China's unfair trade practices.

Trump has been steadily hiking tariffs on Chinese exports to the US since June, asking Beijing to bring down the billions of dollars of trade deficit.

Russia’s VTB, the majority partner in the Numetal consortium, has moved an application in the Supreme Court seeking permission to bid solo for Essar Steel.

VTB has also informed the committee of creditors (CoC) for Essar that it has moved the apex court. The move is based on the Supreme Court’s order, which said that VTB was an eligible candidate.

Bandhan Bank on Friday received exemption from the Securities and Exchange Board of India (Sebi) on one-year lock-in period for selling shares by promotors. This will enable the bank to comply with the Reserve Bank of India's (RBI's) licensing guidelines for new private sector banks. Effectively, this entails that Bandhan Bank can now sell promoters’ shares before March 2019.

The Union Ayush Ministry’s bid to rope in Public Sector Units (PSUs) to open hospitals exclusively providing traditional systems of medicine including Ayurveda across the country has started delivering results.

In a first, and what can be called as a shot in the arm for the Ministry, the Government’s Navratna, National Thermal Power Corporation (NTPC) has agreed to set up Ayush centres in five cities —Kayamkulum in Alappuzha district of Kerala

GMR Infrastructure on Thursday said its arm Kakinada SEZ had inked a pact with Andhra Pradesh Gas Development Corporation (APGDC) for supply of piped natural gas.

“Kakinada SEZ, a subsidiary of GMR Infra, signed an MoU with APGDC to get access to piped domestic natural gas for its upcoming 10,500-acre zone,” the company said in a filing to BSE.

Bengaluru: After less than two days into the festive season sale, India’s top online retailers Flipkart and Amazon have claimed record-breaking numbers and indicated that their sales during the first two days have already surpassed the overall sales that they generated during the entire five-day sale last year.

Mumbai: Tata Motors Ltd is working on plans to revamp its entire dealership network as it seeks to bolster attempts to stage a turnaround in its passenger vehicle business in India, said a senior company executive.

The nationwide revamp will commence next year because the Mumbai-based auto maker feels its current showrooms are not equipped enough to handle its latest range of cars and sport-utility vehicles (SUVs) including those set to be launched in the future.

Punjab National Bank (PNB) sold non-performing credit card outstandings worth over 3% of its portfolio in the category in September, according to people aware of the development. Outstandings worth Rs 8.77 crore were put on sale out of a total outstanding of Rs 280 crore in the credit card segment.

It could not be immediately ascertained who bought the portfolio and at what price.

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