Business
AGR Dues: Govt Should Offer One-Time Settlement to Telcos For Principal Due Amount, Says SC Garg
In a blog titled 'Rebuilding Telecom Business in India', Garg said the telecom crisis in India is not just limited to AGR-related issues.
Telecom Sector Under Stress For 3.5 Years; Govt Needs to Focus on Its Sustainability: Sunil Mittal
The telecom industry, he said, is vital to the nation and the digital agenda of the government.
DHFL Stock Zooms to Hit Upper Circuit as Over Two Dozens Entities Including Adani, Piramal Interested in Takeover
The stock zoomed 4.97 per cent to Rs 10.34 apiece on the BSE. On the NSE, the stock rose 4.59 per cent to Rs 10.25 a unit.
Sensex Falls 65 Points in Early Trade Amid Rising Concerns over Coronavirus Outbreak
ONGC was the top loser in the Sensex pack, followed by M&M, SBI, ICICI Bank, Bajaj Auto, HDFC L&T, Sun Pharma and IndusInd Bank, falling up to 1.16 per cent.
New Optional Tax Regime Bound to Reduce Savings in India, Warn Experts
Finance Minister Nirmala Sitharaman in Budget 2020-21 provided option to personal income tax payers to remain in existing tax scheme with exemptions and deductions or opt for a new simplified tax regime with lower tax rates but without exemptions and dedu...
After SC Order on AGR Dues, Shaktikanta Das Says RBI to Discuss Internally if Issues Arise
On Friday, the Supreme Court threatened contempt proceedings against top executives of Bharti Airtel, Vodafone Idea and other telecom firms for failing to comply with its directive to pay an estimated Rs 1.47 lakh crore in past dues.
Bharti Airtel Up 4.5%, Vodafone Idea Down 19% as SC Slams Telcos for Not Paying AGR Dues
Bharti Airtel shares touched the day’s high of Rs 564.50 apiece, while Vodafone Idea hit the day’s low of Rs 3.65.
Yes Bank Shares Advance 7% as Lender Claims Receiving Offers from 'Prominent Investors'
At 11:26am, Yes Bank shares were trading at Rs 37.30, up 6%, after hitting the day’s high of Rs 37.65. The stock has last a whopping 78% in the last one year compared with a 13% rise in the benchmark Nifty 50 index.
IRCTC, Yes Bank, Ashok Leyland, BPCL Among Key Stocks in Focus Today
Yes Bank Ltd shares shot up 6% after the company said Q3 earnings will be delayed as it is currently reviewing non-binding expressions of interest from several prominent investors.
Two Foreign Investors Roped in for Realty, City Development Biz: Sahara Chief
Sahara group's chief Subrata Roy has also assured all Sahara investors that they would get their invested amount with full interest and an additional interest would be paid even for a day's delay.
M&M Shares Tumble Nearly 7% After Q3 Results Disappoint Street
Mahindra and Mahindra Ltd revenue from operations during the December quarter fell 6% to Rs 12,120.3 crore compared with a year ago.
Economy Not in Trouble, Green Shoots Visible, Says Nirmala Sitharaman
Listing initiatives taken by the government, she said, increasing Foreign Direct Investment (FDI), rise in factory output and over Rs 1 lakh crore GST collection in the past three months are indications of green shoots in the economy.
Alibaba Group Offers $2.86 Billion in Loans to Firms Hit by Coronavirus Outbreak
Alibaba made the announcement in a statement posted on its official Weibo account. It said 10 billion yuan will be made available for firms in Hubei, the central Chinese province that is the epicentre of the outbreak.
Finance Ministry Working on FRDI Bill, Says Nirmala Sitharaman
The FRDI Bill seeks to offer a bail-in clause to banks, which many fear will be detrimental to depositors. The budget has increased by five-folds the deposit insurance to Rs 5 lakh
Adani Green, Hero MotoCorp, Lupin and IGL Among Key Stocks in Focus Today
Adani Green Energy Ltd shares were locked in an upper circuit of 5% after energy major TOTAL said it will acquire 50% stake in all operational renewable energy projects of the company for $510 million.
GST Evasion: Centre, State Tax Officers to Share Taxpayers Information to Tighten Enforcement
Currently, state tax officials administer and control 90 per cent of the assessees below Rs 1.5 crore annual turnover, and the remaining 10 per cent is with the central tax officers.