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Safety check! Govt to link DL with Aadhaar

Safety check! Govt to link DL with Aadhaar

The government will soon start linking driving licences with Aadhaar cards, Electronics and IT Minister Ravi Shankar Prasad said on Friday. "It would be done soon to check the menace of multiple licensing," he said while inaugurating the Haryana Digital Summit-2017.

"I have already had a word with Minister for Road Transport and Highways Nitin Gadkari, and the process to link the two would be set in motion soon," he added.

NTPC said to triple gas use amid power supply shortages

NTPC said to triple gas use amid power supply shortages

New Delhi: NTPC Ltd., India’s biggest electricity producer, has boosted natural gas-fired generation as a drop in hydropower, nuclear and wind energy increases demand for thermal power, according to company officials with knowledge of the situation.

Plant utilization at NTPC’s gas-fired stations has almost tripled to 60% in the past three to four days, said the officials, who asked not to be identified, citing company policy. That compares with an average plant utilization of about 24% for NTPC’s gas-fired stations in the three months ended June, when summer demand peaks.

SBI hopeful of controlling fresh slippages, says Rajnish Kumar

SBI hopeful of controlling fresh slippages, says Rajnish Kumar

Kolkata: Country’s largest lender State Bank of India (SBI), reeling under huge stressed assets like other banks, is hopeful that going forward it would be able to control fresh slippages.

“Going forward, fresh slippages will be under control. Specifically from September onwards, things will become better,” MD (national banking group) of SBI Rajnish Kumar said.

P.V. Sindhu enters Korea Open final

P.V. Sindhu enters Korea Open final

Olympic silver-medallist P.V. Sindhu defeated China’s He Bingjiao in the semifinals to set up a mouth-watering summit clash with world champion Nozomi Okuhara of Japan at the Korea Open Super Series, in Seoul on Saturday.

The 22-year-old Indian had come into the match with a 3-5 head-to-head record, having lost to the Chinese at the Asia Badminton Championship this year.

Air India launches first direct flight to Denmark

Air India launches first direct flight to Denmark

Air India on Saturday launched the first non-stop flight service between India and Denmark.

The national carrier will fly non-stop from Delhi to Denmark's capital Copenhagen — its 44th international destination.

Number of private projects with sanctioned loans rises 58%

Number of private projects with sanctioned loans rises 58%

The number of private sector projects to which banks and financial institutions (FIs) sanctioned loans rose 58% year-on-year (y-o-y) in FY17, according to the Reserve Bank of India (RBI). In a report released as part of its monthly bulletin for September 2017, the central bank said 547 projects with a total cost of Rs 1.83 lakh crore were sanctioned financial assistance by banks and FIs in FY17, as against 346 projects worth Rs 91,800 crore in FY16.

Maruti Suzuki eyes big boost in sales from Nexa as Baleno sales spike and Ciaz adds to effect

Maruti Suzuki eyes big boost in sales from Nexa as Baleno sales spike and Ciaz adds to effect

Maruti Suzuki expects to better its FY17 performance further in the current fiscal by selling more than 300,000 units from Nexa, thus upping the premium showroom’s total share in the company’s overall sales volume to 20%. In FY17, Maruti achieved 15% of its total sales in volume terms from Nexa, three years ahead of schedule. According to sector analysts at the end of the current fiscal, the contribution of high-end vehicles, which are retailed through Nexa showrooms, may be around 30-33% in value terms. In FY17, Nexa’s contribution to the company’s topline was around 25%.

London train blast: Islamic State claims responsibility, threat level 'critical' in UK

London train blast: Islamic State claims responsibility, threat level 'critical' in UK

Islamic State (IS) has claimed responsibility for the Tube train blast in south-west London that injured twenty-nine people on Friday.

On Friday morning, twenty-nine people were hurt after an after an Improvised Explosive Device (IED) blasted on a Tube train at the Parsons Green Station. After the blast, the police were treating it as a terror attack.

Amazon, Bank of Baroda join hands to offer micro loans at 10.45-11.5% interest

Amazon, Bank of Baroda join hands to offer micro loans at 10.45-11.5% interest

E-commerce player Amazon on Friday said it has tied up with state-run lender Bank of Baroda to offer micro loans to its sellers.

The loans will be offered on invite-only basis to the marketplace sellers.

BHEL pins hope on bullet train to get back on track

BHEL pins hope on bullet train to get back on track

For Bharat Heavy Electricals Ltd (BHEL), the joint venture with Japan’s Kawasaki Heavy Industries (KHI) may well turn out to be a relief considering the recent drop in order inflows for the company.

According to its annual report, BHEL got orders worth only Rs 23,489 crore in 2016-17, a 46 per cent drop from Rs 43,727 crore in 2015-16. The company’s order book outstanding at the end of the last financial year stood at Rs 1,05,200 crore, down from Rs 1,10,730 crore in the year-ago period. Even new orders for the first quarter of the current financial year dropped 41 per cent to Rs 1,800 crore.

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