Supreme Court’s review petition dismissal last straw in sectoral financial distress: COAI
“The Supreme Court’s dismissal of the review petition is the last straw in contributing to financial distress and it remains to be seen whether the industry will be able to recover from this setback,” Rajan S Mathews, Director General of the Cellular Operators of India (COAI) said.
Energy, healthcare sectors drag Australia shares lower; NZ slips
The S&P/ASX 200 index was down 0.4 per cent at 6,903.70.
ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official
In a panel discussion under ETRise Dialogue, ...
Green Developers in AP Lost Rs 1.4k cr since August
“Out of the 7,307 mw of renewable energy installed in Andhra Pradesh, 20-25% of solar power and 50-60% of wind power is being curtailed,” said one of the executives, who did not wish to be identified. This is despite the Andhra Pradesh High Court having directed distribution companies in September not to curtail renewable power.
Goyal wants to put Railways on fast track with pvt sector help
The big investment Indian Railways needs is beyond railway and government budgets, the minister said.
PFC ceases to be among five largest creditors of IL&FS
IL&FS will seek directions from the NCLAT for removal of Power Finance Corporation (PFC) as one of the top five creditors, due to the transfer of wind power assets.
View: National Infra Pipeline does not have a credible financing strategy
The NIP document is thin on the strategy, barring one page on the Central contribution to the same
Eastern Group to enter affordable housing sector
Eastern Group chairman Navas Meeran said the entry into the affordable housing market will involve an investment of Rs 2,500 crore and will be initiated by the group company, Nanma Properties Ltd. The plan is to construct homes in the price range of Rs 20 lakh – Rs 35 lakh, with average home sizes in the 700 sq ft – 1,000 sq ft range.
What drove RIL’s record quarterly show: Key highlights of Q3 earnings
Reliance Jio's Q3 profit surged 62% YoY to Rs 1,350 crore, while Arpu fell to Rs 128.40.
Talent demand in auto sector rises 8% in December
According to TimesJobs RecruiteX, the automobiles sector noted an 8 per cent growth in talent demand in December 2019 as compared to November 2019. It further noted that the infrastructure sector posted the highest growth of 14 per cent in talent demand.
Govt likely to take more steps to deal with financial sector problem: Rajiv Kumar, NITI Aayog VC
The government since August has taken several steps, including liquidity support to housing finance companies, one-time partial credit guarantee to public sector banks for purchase of high-rated pooled assets of non-banking finance companies (NBFCs) and mega merger of public sector banks.
Reliance Jio Q3 profit surges 62% to Rs 1,350 crore; Arpu falls to Rs 128.4
Total capitalisation of Jio Platforms stood at Rs 1,70,000 crore, Reliance said in a regulatory filing.
Alarmed RBI seeks govt relief for telcos to avoid bad loans
Banks like YES, IndusInd, SBI, ICICI and PNB appear to have high exposures to Vodafone Idea.
HCL Tech slightly reduces US dependence: Key Q3 takeaways
HCL Tech posted an all-time high quarterly profit at Rs 3,037 crore.
Lifesciences delivers; BFSI, retail drag TCS' growth in Q3: Key takeaways
TCS logged Rs 8,118 cr profit against Rs 8,105 cr net reported for the same quarter last year.
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