JSW Energy inks pact to restructure Rs 752 crore debt on JPVL
Sajjan Jindal-led JSW Energy Ltd (JEL) said it has already made a provision for Rs 574.19 crore in March quarter 2018 for restructuring of the debt.JSW Energy on Thursday said it has entered into a pact with Jaiprakash Power VenturesLtd…
Bank credit grows 7.10 per cent to Rs 99.47 lakh crore; deposits up 10 per cent to Rs 130 lakh crore
During the month, credit to agriculture and allied activities slowed to 6.5 per cent from 7.7 per cent last year.Banks’ credit and deposits grew by 7.10 per cent and 10.09 per cent to Rs 99.47 lakh crore and Rs 130.08 lakh crore in the…
Bharat Bond ETF debuts on exchanges, paves way for more issuances
The maiden bond ETF has also created a new market for market makers and investors.The country’s first-ever corporate bond exchange traded fund, Bharat Bond ETF, listed on the exchanges on Thursday. This is the first bond ETF to debut on…
TRAI consultation on traffic management practices, multi-stakeholder body for net neutrality
TRAI said that comments on issues raised in the consultation paper should be submitted by January 30 and counter comments by February 13, 2020.Telecom regulator TRAI on Thursday started an industry-wide consultation on framework for…
Air India, BPCL, Concor divestments ‘unlikely’ this fiscal, says government official
It can be noted that the government has set ambitious targets from the disinvestments in FY20 at Rs 1.05 lakh crore.In what can potentially hurt the fiscal math for the ongoing fiscal, a senior government official said strategic…
Your Money: Ditch the Resolution – Do a year-end review instead
NEW YORK(Reuters) - It is hardly a secret that people rarely stick to New Year’s resolutions - only about 8% of people actually make it to the finish line with their goals, according to studies from the University of Scranton, in…
Bank of Baroda bags contract from MCGM for online payment services
The digital modes which can be used for making payments include UPI, QR code, BHIM, IMPS, debit card, credit card, net banking, prepaid card e-wallets and m-wallets among others.State-owned Bank of Barodaon Thursday said it has bagged…