By Pramod Kumar Jha New Delhi, Jan 4 (SocialNews.XYZ) As the buyer becomes the seller, India, the largest exporter of rice in the world, has a new competitor in the global market. From the key…
New Delhi, Jan 3 (SocialNews.XYZ) The Securities and Exchange Board of India (Sebi) on Friday tightened the noose around the corporates, saying if companies are not cooperating with credit rating agencies (CRAs) on disclosure of…
Bhopal, Jan 3 (SocialNews.XYZ) Retail giants Walmart, Amazon and Reliance are gearing up to tap the strategic location of Madhya Pradesh to set up logistic bases by locating national distribution centres and warehouses in the…
New Delhi, Jan 3 (SocialNews.XYZ) In a bid to achieve the direct tax and the GST target of Rs 1.10 lakh crore each in the next two months and Rs 1.25 lakh crore in the…
New Delhi, Jan 3 (SocialNews.XYZ) Cash-strapped Suzlon Energy Ltd has offered banks to take 68 per cent haircut to restructure its debt but lenders are not impressed by the proposal, sources said. This means the…
New Delhi, Jan 3 (SocialNews.XYZ) Country’s largest mortgage lender HDFC Ltd said it will raise up to Rs 5,000 crore by issuing bonds on a private placement basis to augment its long-term capital needs. The…
New Delhi, Jan 3 (SocialNews.XYZ) Market regulator SEBI on Friday directed the Credit Rating Agencies (CRAs) to downgrade the rating assigned to firms or instruments to non-investment grade, with issuer not cooperating (INC) status from…
New Delhi, Jan 3 (SocialNews.XYZ) Trade promotion agency TPCI on Friday proposed several steps such as revamping the SEZ policy for food exports to boost the country’s agriculture imports. According to TPCI Chairman Mohit Singla,…
New Delhi, Jan 3 (SocialNews.XYZ) Mortgage major Housing Development Finance Corporation (HDFC) will now offer cheaper lending rates on home loans from January 6, as it reduced the retail prime lending rate by 5 basis…
Mumbai, Jan 3 (SocialNews.XYZ) India’s foreign exchange reserves continued to rise during the week ended December 27 to touch a new record high. The Reserve Bank of India’s reserves rose by $2.52 billion during the…
New Delhi, Jan 3 (SocialNews.XYZ) Adani Ports and Special Economic Zone Ltd on Friday said that it will acquire a controlling stake of 75 per cent of Krishnapatnam Port Company Ltd for around Rs 13,500…
By Nirbhay Kumar New Delhi, Jan 3 (SocialNews.XYZ) Weeks before the Union Budget and in the wake of slowing economy, Prime Minister Narendra Modi has started taking presentations from the sector-specific committee of secretaries (CoS)…
New Delhi, Jan 3 (SocialNews.XYZ) In a move expected to give a fillip to environmentally clean road transport, the Department of Heavy Industries has sanctioned 2,636 charging stations under FAME India (Faster Adoption and Manufacturing…
Hyderabad, Jan 3 (SocialNews.XYZ) Leading lifestyle brand Shoppers Stop will soon set up its manufacturing unit in Telangana, it was announced here on Friday. The Telangana government and Shoppers Stop entered into a Memorandum of…
New Delhi, Jan 3 (SocialNews.XYZ) InterGlobe Aviation, the firm which runs the airline IndiGo, on Friday, said it will convene an Extra-Ordinary General (EGM) on January 29, on the request of Shobha Gangwal and The…
By Nirbhay Kumar New Delhi, Jan 3 (SocialNews.XYZ) The government has set the ball rolling for the complete overhaul of aviation regulator, the Directorate General of Civil Aviation (DGCA), to bring it at par with…
New Delhi, Jan 3 (SocialNews.XYZ) As the Tata-Mistry tussle escalates, Ratan Tata on Friday moved the Supreme Court in his personal capacity challenging the NCLAT’s verdict reinstating Cyrus Mistry as the Tata Sons Chairman, alleging…
New Delhi, Jan 3 (SocialNews.XYZ) State-owned Bank of Baroda has raised Rs 920 crore by issuing Basel III compliant bonds on private placement basis. The issue opened on Thursday and closed the same day, saw…
New Delhi, Jan 3 (SocialNews.XYZ) State-run State Bank of India (SBI) on Friday invited bids for selling its 1 per cent stake in the National Stock Exchange (NSE). “SBI is one of the shareholders of…
Mumbai, Jan 3 (SocialNews.XYZ) A major escalation in tensions between the US and Iran – the two biggest oil producing nations – following a US airstrike killing one of Iran’s most powerful military commanders, General…