A day after Bajaj Auto and TVS Motor criticised government think tank Niti Aayog’s proposal to ban non-electric two- and three-wheelers, Honda Motorcycle & Scooter India said adoption of electric vehicles was still a major challenge in India and the industry needs more time to stabilise after the switchover to BS-VI norms.

In a statement, the company said the government needs to look at the impact on employment, cost of technology and availability of raw materials, among others.

Finance Minister Nirmala Sitharaman is among the 100 most influential women driving the UK-India relationship forward alongside one of Britain's senior-most Cabinet ministers Penny Mordaunt.

The '100 Most Influential in UK-India Relations: Celebrating Women' list was launched by UK Home Secretary Sajid Javid to mark India Day in the Houses of Parliament in London on Monday.

Defence Development Research Organisation (DRDO) has issued a recruitment notification inviting application for 351 Technician A posts. Applications began on June 3, 2019. Today is the last day for submission of applications.

To apply for the posts, the candidates have to apply in a specific prescribed format and they have to go through the official notofication.

India has told foreign e-commerce firms such as Amazon and Walmart's Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters.

Commerce Minister Piyush Goyal has said that while the government was prepared to listen to concerns about its new foreign direct investment rules (FDI), it was committed to protecting small traders from predatory behaviour by foreign-funded companies, the sources said.

The Department of Telecommunications (DoT) is learnt to have asked state-owned Bharat Sanchar Nigam (BSNL) to put all tenders and purchase order on hold, as the company is facing financial crisis.

The finance department of BSNL issued order in this regard on June 2, directing all its circle heads to take prior approval of corporate officer located in Delhi before floating any new tenders for capital expenditure, according to official sources.

NEW DELHI: State-owned LIC has sold over 1.92 crore shares, representing about 2 per cent stake of Asian Paints, through open market transaction.

With the sale of these shares, stake of LIC (Life Insurance Corporation of India) in Asian Paints has now come down to 3% from 5% earlier, as per a regulatory filing by the insurer.

NEW DELHI: The government will come out with a national e-commerce policy within 12 months to facilitate achieving holistic growth of the sector, an official said.

This was informed by commerce and industry minister Piyush Goyal in his second marathon meeting with stakeholders, including e-commerce companies, on Monday.

Kuala Lumpur: Growth in India's demand for gasoline and jet fuel is expected to slow slightly this year, the head of the country's largest refiner said on Tuesday, as prospects for world trade deteriorate.

"Growth in the first six months "has been slightly subdued because of many different reasons including monsoon impact," Indian Oil Corp Chairman Sanjiv Singh told Reuters.

Amazon India Senior Vice-President and Country Head Amit Agarwal has been named as the new chairman of Internet and Mobile Association of India (IAMAI) on Tuesday. He succeeds former Google India MD Rajan Anandan.

“Agarwal assumes office at a time when the industry is going through a growth trajectory with more than 500 million internet users in India,” IAMAI said in a statement.

Private sector ICICI Bank Tuesday said it aimed to grow its retail loan disbursement in Kerala by over 20 per cent to Rs 3,100 crore in FY20. The bank planned to achieve this growth by rapidly expanding disbursement of consumer loans and mortgage loans, the two main pillars of retail loans, its Executive Director Anup Bagchi said.

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