Share market update: Nifty Financial Services index flat; Edelweiss rises 2%
The Nifty Financial Services index was trading flat at 14,549.75.
'BUY' or 'SELL' ideas from experts for Wednesday, 1 January, 2020
Coal India is a 'Buy' call with a target price of Rs 220 and a stop loss of Rs 206.
NBFCs hope to come out of deep, dark tunnel in 2020
Higher borrowing costs, rising defaults and rating downgrades made 2019 a tumultuous year for NBFCs.
State-run TCIL bags CCTV, GPS, panic button deployment deal for 5,500 Delhi buses
"We have won the Delhi project worth Rs 128 crore. In more than 5,000 buses we are installing cameras and distress button,” TCIL chairman Rajiv Gupta told ET, and added that it was a first-of-its-kind initiative. The Delhi govt had to float the proposal again with changed terms and conditions.
India constantly checking on Indians in China amid outbreak of coronavirus: Jaishankar
The assurance comes, a day after India requested Beijing to permit over 250 Indian students stuck in China’s Wuhan city, the epicentre of the outbreak.
36 Ola, Uber drivers found with no licence in airport crackdown
In September, the Union Transport Ministry had increased the fine for driving without a licence 10-fold, from Rs 500 to Rs 5,000. The teams also found 335 drivers who did not have badges and another 680 who were not displaying them
Transport Ministry has sought RBI nod for 30 year financing of infra projects: Nitin Gadkari
The Reserve Bank Governor gave a clear direction that we don't have any problem if banks are ready to finance for 30 years for infrastructure projects. Earlier, the banks used to finance only for 20 years," Gadkari said at the inaugural session of the 10th edition of Excon-2019, a five-day International Construction Equipment and Construction Technology Trade Fair here.
Clips to tell how you failed driving test
By watching the video clips, the failed applicants will be able to see where they made a mistake. They can then improve their driving skills before coming for another test. The transport department will also send a detailed report of the driving test.
We are seeing green shoots in rural and semi-urban market: Umesh Revankar, Shriram Transport Finance
There is good credit demand in the rural market, because agri output has been reasonably good. There is some kind of buoyancy in the rural market and also to some extent in the semi-urban market. In the urban market, we are yet to see any changes. Credit demand from rural and semi-urban market is enough for us to keep growing.
Cash-starved transport utilities, rigid rules hit bidding for e-buses
In some states, the transport utilities have allegedly paid salaries to their staffers out of the subsidy given by the Centre for electric buses. The Delhi transport utility has asked for a bank guarantee of Rs 20 lakh for each electric bus for 10 years as against Rs 2-3 lakh claimed by other states.
Hinduja Group Chairman meets Cap. Amarinder, offers transport & tech solutions to address stubble burning
During the meeting, Prakash Hinduja, who was leading a high-level delegation, also showed interest in partnering the State’s progress through investments in agri, transport, banking, healthcare and automobile sectors.
Share market update: Nifty Financial Services index flat; Indiabulls Housing dips 2%
The Nifty Financial Services index was trading 0.03 per cent up at 14,623.40.
AIIB plans to invest upto $2.5 bn in urban transport projects
AIIB is in advanced talks with different nodal agencies, including Chennai Metro Rail and the Mumbai Metro Rail Corp, two people with direct knowledge of the matter told ET. The supranational lender is expected to sign financing agreements with these two railroad operators.
ET Awards 2019: The man who changed urban transportation
E Sreedharan's reputation as a technocrat is so solid that governments from J&K to Kerala seek out Sreedharan’s services to solve the most difficult of their infrastructure challenges.
Share market update: Nifty Financial Services index up; HDFC rises 2%
The Nifty Financial Services index was trading 0.71 per cent up at 14,520.65 .
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