TRAI deferring zero-IUC regime to hit Voda Idea & Airtel, benefit Jio: Analysts
Mukesh Ambani-led Reliance Jio now stands to pocket as much as Rs 1,600 crore in interconnect fees from the two older carriers over the next one year, having become a net IUC recipient in the October-December period, analysts said.
Asia shares lurch lower, flu concerns a possible culprit
Spot gold edged up to $1,566.71 per ounce, and back toward a seven-year peak of $1,6...
What's really weighing on market sentiment suddenly?
“Earnings of some large companies were slightly below expectations. Valuations are not c...
Stocks in the news: Bharti Airtel, IndiaMart, ZEEL, ICICI Pru Life, Oil India and Vodafone Idea
Power Grid Corp has decided to launch an Infrastructure Investment Trust (InViT).
Strategic investors find new roads to growth as banks play safe
In the coming quarters, the industry’s attractiveness will be gauged more from individual projects than the order book.
Srei plans to raise Rs 3,000 crore via NCDs, commercial papers in FY21
The proposals will be placed before its board for approval on February 14.
Koreans take greater charge of Samsung India's financial transactions
Samsung India is currently undertaking multiple initiatives to boost profit which declined three-fifths in the past two fiscals due to the price war it entered with Chinese companies like Xiaomi, OnePlus, Oppo and Realme in smartphones and televisions. In FY19, Samsung India’s net profit was Rs 1,540 crore, down from its recent peak of Rs 4,156 crore in FY17.
Paytm expects 25 million merchant bases by next year: Official
Paytm said that it will be on-boarding 1.5 million merchants from Andhra Pradesh and Telangana in the next six months and it is targeting to double the business growth in these states within a year.
Government may include off-budget spending for a clearer picture
The govt may present other liabilities on its books, a move that could raise fiscal deficit sharply.
UN revises growth forecast to 5 per cent for India in current fiscal
Its estimate for FY21 was also further downgraded to 5.8%-5.9% from 6.6% in the report, said Nagesh Kumar, head of the UN economic and social commission for Asia and the Pacific, while presenting the report in Delhi. Since the report was finalised in October it did not take into account the second quarter results and hence the outlook has been revised, Nagesh Kumar said.
ICICI Securities Q3 profit rises 36% to Rs 137 crore
Total income also rose to Rs 422.12 crore compared with Rs 404.7 crore in the third quarter of the previous fiscal.
4045 times is the highest CEO pay ratio in India Inc for FY19
At HEG, a graphite electrode manufacturer, the CEO earned 4,045 times the median remuneration of its staff.
Manishi Raychaudhuri on why BNP Paribas is overweight India despite a slowing economy
There is a pretty wide universe of companies which generate excess returns routinely.
Pain for big Indian pharma companies continue warns CRISIL, as FDA woes remains unresolved
Indian drug makers in the last few years have diversified their portfolio towards complex generics in an attempt to insulate themselves from pricing pressure in the US. The complex generic pipeline of Indian generic makers stands at 25%, it is this pipeline that is expected to pump up the sales numbers for Indian companies.
What is government borrowing? How it impacts fiscal deficit?
In the current fiscal, the government has decided to stay with the borrowing programme as announced in the Budget 2019. This has cheered the markets and kept yields in check. In the Budget speech, the finance minister also announced borrowing from overseas market but later on dropped the plan owing to currency risks.
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