Icra keeps negative outlook, says SC blow tough for operators
Although clarity is awaited on the final outcome of review petitions filed by operators in the Supreme Court, Icra believes that in case AGR dues have to be funded through debt, it has the potential to derail the deleveraging attempts by the industry.
Road projects on BOT mode struggle to take off as govt yet to frame guidelines
The guidelines are being re-drawn with an aim to make BOT proj...
Railways needs to rationalise expenses, increase internal revenue for reasonable operating ratio: Standing Committee
The Committee expressed ...
Nearly 10,000 Indians detained in US in 2018 in removal operations: Report
According to the report titled “Immigration Enforcement: Arrests, Detentions, and Removals, and Issues Related to Selected Populations” by Government Accountability Office, the number of Indians detained by the US Immigration and Customs Enforcement or the ICE has more than doubled between 2015 and 2018.
Signals are clear: DTH operations of Airtel, Dish TV may merge
ET was the first to report on March 18 that Bharti chairman Sunil Mittal had initiated talks with the Essel Group promoters to merge their DTH operations. The move had come after Mukesh Ambani’s Reliance Jio took a controlling stake in two of the country’s largest multisystem operators – DEN Networks and Hathway Cable & Datacom.
Chinese city turns into ghost town after Samsung shifts operation to India, Vietnam
Huizhou city has turned a "ghost town" after Samsung closed its last smartphone factory in China.
Indian Railways takes decisive step to cut electricity bill, reduce operating cost: Piyush Goyal
Union Railway Minister on Monday posted on his Twitter account: "Railways takes a decisive step to cut down on electricity bill & reduce operating cost. Securing additional power flow from Bihar & Rajasthan, Railways to save Rs 121 crores on a yearly basis."
Donald Trump taps Anthony Ornato as new deputy chief of staff for operations
Donald Trump tweeted on Saturday that he has worked with Ornato for three years, and that "he will do a fantastic job!" Anthony Ornato is to replace Daniel Walsh who is leaving the White House for the private sector, Xinhua news agency reported.
Second runway commences operations at international airport in Bengaluru
The Bengaluru international airport is the first Greenfield airport in India to be built as a private-public partnership. Private promoters hold 74% (Fairfax 54% and Siemens Projects Ventures 20%) stake in BIAL, while the govt holds the remaining 26% (Karnataka State Industrial & Infrastructure Development Corporation Limited – 13%, Airports Authority of India – 13%).
CarDekho raises $70 million to expand operations
Sequoia India is one of the early investors in CarDekho, having led the Series A round in 2013. With this new round of funding, CarDekho has now raised more than $250 million.
Coca-Cola begins sell-off of bottling operations
The maker of Coke and Sprite soft drinks and Minute Maid juices said in a statement that in an internal realignment of its bottling operations in North India, Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), its own bottler for the majority of India, will transfer its business operations in four territories in North India to existing bottlers.
Income tax dept conducts search operations on stock brokers, traders across country
The search or survey action has unravelled the entire modus-operandi which has been adopted by the share-brokers and traders to trade into the illiquid stock options in equity derivative segment and thereby generate artificial losses or profit by executing reversal trades in a very short span of time.
Visakhapatnam: Naval Operational Demonstration conducted on Indian Navy Day
Eastern Naval Command (ENC) conducted a Naval Operational Demonstration on occasion of the Navy Day at RK Beach in Andhra Pradesh’s Visakhap...
NSE may look to move more operations to the cloud
In line with SEBI requirements, the exchange conducts a two-day live operation from its disaster recovery site once every six months.
HM Shah visits CRPF headquarters in Delhi, reviews its operational preparedness
During his visit to the CRPF headquarters at the CGO Complex on Lodhi Road, Union Home Minister Amit Shah paid tributes to the force's personnel killed in the line of duty and put a garland around an urn containing the soil from the 'Sardar Post' in Gujarat's Rann of Kutch. The urn is kept at the headquarter's entrance.
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