Order on AGR applies to all telecom licensees: Ravi Shankar Prasad
“While most of the licensees of DoT were not direct party to the dispute, the ratio of the judgement will be applicable on all the licensees,” said Ravi Shankar Prasad, answering a question in the Lok Sabha. This implies that companies with even minor telecom businesses may have to pay dues based on their entire revenue with retrospective effect.
Corporate frauds see a massive surge: SBI
The April–November period this year recorded 200 times more frauds compared to entire FY18.
Sebi allows clearing corporations to invest in overnight funds
The investments made in liquid funds and overnight funds should not exceed 10% of the total investible resources.
Topline recruiters make beeline for emerging engineering talent
Top recruiters get early slots at premium engineering colleges based largely on salaries and profiles.
Chinese invaders giving a tough competitive call to Indian TV players
As per regulatory filings made by the company to Registrar of Companies (RoC) and accessed through business intelligence platform Veratech Intelligence, the Korean firm reported a drop in television sales by 8.6% to Rs 3,444.98 crore in 2018-19.
Free WiFi now at 5,500 railway stations
The Railways began the service of providing free WiFi at its stations from January 2016 from Mumbai Central station, and in a span of 46 months RailTel has extended the service to 5,500 stations across the country.
ONGC lists $300 million MTN issue on India INX
The notes under the programme have been issued at a coupon rate of 3.375 per cent due in 2029.
REC raises $500 million via unsecured notes
The net proceeds from the sale of the notes will be used for lending to the power sector.
Govt should provide strong stimulus package for economy: Kumar Mangalam Birla
"One of the things that it (govt) can also do is to give stronger fiscal stimulus,"Kumar Mangalam Birla said.
F&O: Fall below 11,888 level may take Nifty to 11,800-11,700 zone
Builtup of long positions were seen in Bharti Infratel, Kotak Mahindra Bank and Berger Paints.
CMPDIL to help Singareni Collieries set up washeries
CMPDI will prepare tender documents, conduct technical assistance in evaluation of offers, approve design drawings & offer periodic supervision during execution. For the coal handling plants with washery, CMPDI will prepare tender documents, offer technical assistance in evaluation of offers and approve design drawings. The MOU is for a period of 3 years.
Retailers, services more open to hiring apprentices: Report
"The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.
ET Corporate Excellence Awards 2019: Welcome address by Times Group MD Vineet Jain
The Economic Times Awards for Corporate Excellence are India’s most prestigious corporate awards where the best and brightest get felicitate...
NCLAT directs ED to file final affidavit in BPSL assets attachment matter
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of assets of Bhushan Power and Steel Ltd (BPSL). The NCLAT has directed to list the matter on December 12 for the next hearing. The appellate tribunal was hearing a batch of petitions, against the attachment of BPSL assets.
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