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Majority of the demand is being driven by the ongoing marriage season.Our interactions with leading industry channel partners indicate positive demand trends in PVs but weakness in 2Ws, CVs and tractors. However, compared to December’18,…

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Last year, DoT had notified guidelines for conducting 5G trials. (Representational image)To start 5G trials during the January-March quarter, the department of telecommunications (DoT) on Tuesday asked all the concerned companies —…

The guidelines provide that board of directors (BoD) of UCBs with deposit size of Rs 100 crore and above shall constitute BoMs.In an attempt to increase the oversight on urban cooperative banks (UCBs), the Reserve Bank of India on…

Reliance Industries was the top gainer in the Sensex pack, rising up to 0.82 per cent, followed by L&T, IndusInd Bank, Bharti Airtel, Tata Steel and Axis Bank.Equity benchmark BSE Sensexjumped over 150 points in opening session on…

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In its order, the insurance regulator also said insurance intermediaries have created a panel of insurers which is in violation of the guidelines on the MISP.The Insurance Regulatory and Development Authority of India (Irdai) has imposed…

While top-rated NBFCs have been able to tap the CP market, others had to look for other avenues to raise funds, including bank credit and overseas markets.By Hariprasad RadhakrishnanEven as the commercial paper (CP) market veered towards…

The Indian rupee on Tuesday had closed at 71.36 against the dollar.The Indian rupeestarted the New Year on a positive note and rose 7 paise to 71.29 against the US dollar in early trade on Wednesday as optimism over the US-China trade…

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