Elizabeth Warren’s plan for student loan forgiveness: Don’t bank on it

Caution: If you’re someone who grabs money management tips after a quick read of a headline or two on Twitter, take note. Don’t bank on getting a big break yet on your college debt. “College students who are graduating this year should not count on having their student loans forgiven,” said Mark Kantrowitz, publisher and vice president of research for Savingforcollege.com. “They should […]

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Tata arm to buy branded tea business of Dhunseri

The transaction is worth ₹101 crore Tata Global Beverages Ltd. (TGBL) announced its decision to acquire the branded tea business of city-based Dhunseri Tea & Industries Ltd. for ₹101 crore subject to due diligence and necessary approvals. Dhunseri currently owns the Lalghoda and Kalaghoda brands which are among Rajasthan’s local brands. The move is in line with TGBL’s ambition to […]

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Hindustan Zinc aims to double silver production in five years

The company wants to expand output to 1,500 tonnes from 679 tonnes now Hindustan Zinc Ltd. (HZL), the ninth-largest silver producer in the world plans to become the world’s second-largest global silver producer, after Fresnillo plc. by more than doubling its production in the next five years. HZL, the only integrated silver producer in India, produces about 95% of India’s […]

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Biopharma and agro-economy set for boom in India: Shaw

‘Bio-economy may touch $200 billion’ These are exciting times for India’s biopharma and agro-economies as these sectors are set to boom in the near future, according to Kiran Mazumdar-Shaw, CMD, Biocon. Participants in these segments, including farmers, are increasingly realising the value of data they are generating on a daily basis. Intelligent data mining will lead to knowledge creation, product […]

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AIBEA urges government to take over Jet, help employees

Expresses concern over non-payment of salaries The Centre should take over Jet Airways to secure the future of the more than 16,000 employees, according to the All India Bank Employees’ Association (AIBEA). In a letter addressed to Prime Minister Narendra Modi on Friday, AIBEA general secretary C.H. Venkatachalam expressed concern over the non-payment of salary to the employees and claimed […]

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These must-have apps can help you save money

The thrill of shopping on your phone or online, of course, is that it makes stocking up on groceries, buying a rug for the apartment or even shopping on a Friday night after a glass of wine or two all that easier.  But if you want to get the very best price, step back and take a few extra minutes before you […]

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