On privatisation of IDBI Bank, Jaitley said that initially the government had moved substantially but the process got slowed down to issues relating to real estate Source: Livemint.com (http://www.livemint.com/rss/industry)

Saurabh Nigam said he will join Omidyar Network, the philanthropic firm set up by eBay founder Pierre Omidyar, in the role of vice president - human capital later this month…

The West Bengal government is likely to give its clearance to the transfer of Raghunathpur thermal power plant to a proposed joint venture between DVC and NLC Source: Livemint.com (http://www.livemint.com/rss/industry)

RBI deputy governor S.S. Mundra cautions banks which are growing their retail book aggressively as corporate credit slows down Source: Livemint.com (http://www.livemint.com/rss/industry)

Reliance Jio logs 4G download speed of 19.12 mbps during April, bettering its own performance of 18.48 mbps demonstrated in the previous month Source: Livemint.com (http://www.livemint.com/rss/industry)

Reliance Communications says tariff war, high taxes expected to result in Rs1.2 trillion deficit between the telecom industry’s earnings and debt/payment commitments this year Source: Livemint.com (http://www.livemint.com/rss/industry)

SBI has shortlisted six banks to manage the share sale that could be worth up to $2.3 billion Source: Livemint.com (http://www.livemint.com/rss/industry)

Anil Ambani says lenders have given Rcom time until December to sell its towers to Brookfield Infrastructure Group and merge the wireless business with Aircel Source: Livemint.com (http://www.livemint.com/rss/industry)

Infosys COO UB Pravin Rao said the company is creating more jobs and letting go of a minuscule number of people, purely from performance related perspective Source: Livemint.com (http://www.livemint.com/rss/industry)

Anil Ambani says that RCom may look at strategic sale of its global business to further pare its debt Source: Livemint.com (http://www.livemint.com/rss/industry)