New Delhi, Dec 10 (SocialNews.XYZ) Tariff hikes can double EBITDA of telcos and sustainability of hikes and funding of adjusted gross revenue (AGR)-related dues are the key monitorables, said rating agency Crisil. The steep tariff…
New Delhi, Dec 9 (SocialNews.XYZ) To boost tourism in the Andaman & Nicobar Islands, the Centre has invited bids to provide flight services to three unserved airports in the region under the fourth round of…
Mumbai, Dec 9 (SocialNews.XYZ) Stock exchange major NSE has launched interest rate options on 10-year government bonds to provide institutional investors ability to manage risk through a non-linear product. “By launching interest rate options, we…
New Delhi, Dec 9 (SocialNews.XYZ) In the battle to check surging onion prices, the government here on Monday further revised the stock holding limits for retailers from 5 tonnes to 2 tonnes, but kept it…
New Delhi, Dec 9 (SocialNews.XYZ) The government’s first debt ETF — Bharat Bond ETF — will be operational as it is set to open on December 12 where several PSUs will raise funds through this…
By Anjana Das New Delhi, Dec 9 (SocialNews.XYZ) EXIM Bank of India has a huge fund corpus of $ 6-7 billion waiting to be disbursed for project exports finance and the next fiscal is likely…
New Delhi, Dec 9 (SocialNews.XYZ) The Centre’s total liabilities including those under the ‘public account’ increased to Rs 91.01 lakh crore at end-September from Rs 88.18 lakh crore at end-June this year, official data on…
New Delhi, Dec 9 (SocialNews.XYZ) Amidst policy interventions by the government on FDI norms of e-commerce companies and continuing protests by the CAIT, an association of offline retailers, over alleged violation of regulations by the…
New Delhi, Dec 9 (SocialNews.XYZ) Two-wheeler major Hero MotoCorp will raise ex-showroom prices of motorcycles and scooters from January 1, 2020. According to the company, price increase across the two-wheeler range will be up to…
New Delhi, Dec 9 (SocialNews.XYZ) Operations of the State Bank of India were halted for over an hour on Monday after the weekend core banking system upgrade threw up glitches. The ATM operations were also…
Mumbai, Dec 9 (SocialNews.XYZ) IL&FS Tamil Nadu Power Company (ITPCL) recorded an all-time high plant load factor (PLF) of 82 per cent in the 8 months of this financial year. According to a company statement,…
By Gokul Bhagabati New Delhi, Dec 9 (SocialNews.XYZ) Discarding allegations of deep discounting and predatory pricing, a top Amazon India executive on Monday asserted that sellers set their prices independently and the platform follows government…
By Subhash Narayan New Delhi, Dec 9 (SocialNews.XYZ) After prolonged delays, India may soon open derivatives market for the power sector allowing both power generators and consumers to enter into futures contract and use it…
New Delhi, Dec 9 (SocialNews.XYZ) The State Bank of India (SBI) on Monday announced a 10 basis points cut in one-year marginal cost of funds-based lending rate (MCLR), effective from December 10. It will bring…
New Delhi, Dec 9 (SocialNews.XYZ) Full-service carrier Vistara on Monday entered into a codeshare agreement with Lufthansa. In aviation parlance, a codeshare allows two airlines to sell seats on each others’ flights to provide passengers…
Mumbai, Dec 9 (SocialNews.XYZ) Indian investors turned cautious on Monday ahead of consumer price index (CPI) inflation data release later this week as investors see the inflation figure as the key determinant of the future…
Islamabad, Dec 9 (SocialNews.XYZ) Russian energy major Gazprom is set to initiate feasibility study in the first quarter of 2020 for laying an undersea pipeline, beginning from the Persian Gulf and extending to Pakistan, India…
New Delhi, Dec 9 (SocialNews.XYZ) Global rating agency Moody’s on Monday said pressure on Indian finance companies continues to build up, with some banks heavily exposed to non-bank credit providers, hinting that India’s NBFC crisis…
Mumbai, Dec 9 (SocialNews.XYZ) Vodafone Idea (VIL) on Monday closed 6 per cent lower on the BSE as investors reacted to the company’s Chairman Kumar Mangalam Birla’s statement that VIL will shut its business in…
By Anjana Das Panaji, Dec 9 (SocialNews.XYZ) Government may bring the e-commerce policy in the current fiscal though no timeline can be given, a senior official has said. “The draft of e-commerce bill is out….