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Since public sector undertakings/departments like GAIL, PowerGrid, Railways, etc have telecom licences, the payment notice will apply to them alsoThe department of teleco-mmunications (DoT) on Wednesday sent out notices to all the…

Under Basel III norms, the CAR required is 8% but the RBI has set it at 9% for commercial banks and 12% for public sector banks.Twelve years after the Gujarat International Finance Tec-City (GIFT City) was mooted with a grand plan to…

At present, 3-4 lakh tonne of sugar gets diverted for ethanol making. With creation of additional capacity under the scheme. (Reuters)As the Rs 15,000 crore soft loan scheme for sugar mills is moving at a snail’s pace, the government has…

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Mukesh Rathi, CIO, Dr Reddy’s LaboratoriesDr Reddy’s Laboratories has embarked on a digitisation journey to make its processes agile and robust. It has created a data lake where all the data comes together in a meaningful way and the…

BoB is the lead bank in the consortium of lenders to the two companies.Bank of Baroda (BoB) is understood to have classified its exposures to two non-banking financial companies (NBFCs) from the ADAG group as non-performing assets (NPAs)…

Ridham Desai continues to back domestic cyclical mid-cap value stocks from a portfolio perspective.Even as the stock markets are booming, the economic growth needs to revive for them to sustain, said a veteran investor. However, the…

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(The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: A doctor checks the blood pressure of a patient at the J.W.C.H. safety-net clinic in the center of skid row in downtown Los Angeles July 30,…