Press Trust of India (PTI), headquartered in New Delhi, is India’s largest news agency. It was registered in 1947 and started operations in 1949. PTI has more than 400 journalists and 500 stringers, who generate more than 2,000 stories and 200 photographs every day. Subscribers to PTI’s feed include the mainstream media, research groups, specialised presses, companies, government organisations and NGOs.
A division bench of the Madras High Court, comprising justices TS Sivagnanam and Bhavani Subbaroyan, on September 20, 2018, directed the state government and its officials to refrain from undertaking any precipitative action on … READ FULL STORY
The draft airport policy that seeks to shift tariff structure to the ‘price cap’ model, from the existing ‘cost plus’ model, exposes developers to traffic risks in general and is particularly risky for greenfield … READ FULL STORY
In a meeting with the 15th Finance Commission, the Maharashtra government, on September 19, 2018, sought Rs 50,000 crores, as a special support for Mumbai city and the Mumbai Metropolitan Region (MMR), which includes … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), is in the international bond market to raise nearly USD 500 million in green bonds, making it the maiden issuance for the lender. The tenor … READ FULL STORY
The West Bengal government is planning to formulate a new policy on fire safety for commercial buildings in the city, in the wake of the massive fire that gutted Bagree Market in Kolkata. Commercial … READ FULL STORY
In the wake of West Bengal notifying its own real estate act, Union minister Hardeep Singh Puri, on September 18, 2018, made it clear that there is no ambiguity when it comes to the … READ FULL STORY
The Telangana government, on September 18, 2018, asked all builders and developers who have obtained permissions for real estate projects on or after January 1, 2017, to get their projects registered with the concerned … READ FULL STORY
The first priority for Reliance Communications (RCom), which is credited with democratising telecom services through cheaper offers in the early 2000s, is to resolve its over Rs 40,000-crore debt, Anil Ambani told shareholders at … READ FULL STORY
A letter sent by farmers in Gujarat, whose lands will be acquired for the Mumbai-Ahmedabad bullet train project, has asked the Japan International Cooperation Agency (JICA), which is providing a soft loan for the … READ FULL STORY
The Madras High Court has restrained authorities from issuing the notification, for acquiring a portion of the playground of century-old Good Shepherd Convent in Chennai, for the metro rail project. Justice V Bharathidasan passed … READ FULL STORY
Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall loan loss provisions for lenders, are expected to stay elevated till fiscal year 2019-20, a report said. The … READ FULL STORY
Haryana chief minister Manohar Lal Khattar, on September 13, 2018, said that since Faridabad is the second-largest city of Haryana after Gurugram, it has been decided to constitute a Faridabad Metropolitan Development Authority (FMDA), … READ FULL STORY
Private equity/venture capital (PE/VC) activity continued its strong run, with USD 1.6 billion investments received in August 2018, according to EY’s private equity monthly deal tracker report. August 2018 also recorded USD 830 million … READ FULL STORY
