Industry

Bharti Airtel, in a regulatory filing to stock exchanges, said a meeting of the Special Committee of Directors for Fund Raising of the company is proposed to be held on January 14, 2020.Telecom major Bharti Airtelon Thursday said its…
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The platform, which is extremely popular among youngsters globally, including India, said country teams localise and implement these guidelines in accordance with local laws and norms.TikTok on Wednesday said it will remove content that…
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Fitch said Bharti’s management has stated that the company is committed to an investment-grade rating and raised about USD 5.6 billion in equity.Fitch Ratings on Thursday said removing Bharti AirtelLtd from its Rating Watch Negative…
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For other tenors from overnight to 6-months, the MCLRs have been cut in the range of 0.05-0.10 per cent.State-owned Oriental Bank of Commerceon Thursday announced to cut the marginal cost of funds based lending rate (MCLR) for various…
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The ED said its probe found that the promoter of the group, Anil Jindal, and founder directors Jitender Kumar Garg and Praveen Kumar Kapoor along with other accomplices “hatched a criminal conspiracy” .Assets worth over Rs 2,500 crore…
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With a mounting pressure to get its stake in the airline divested, the Indian government also approved a major debt recast. (Image: Reuters)As the government desperately tries to off load state-run carrier Air India, it is expected to…
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The preceding quarter had seen a growth of 8.88%.The adjusted gross revenue (AGR) of the telecom industry declined 4.56% quarter-on-quarter to Rs 37,338 crore in the July-September period, with all the mobile operators, barring Reliance…
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Sadbhav Infrastructure expects to receive proceeds of the sale after January 31, the company said in an exchange notification.The board of IndInfravit Trust, the Canada Pension Plan Investment Board (CPPIB)-backed infrastructure…
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Discounts lead to lower prices and can reflect cost savings arising from a variety of sources.A market study conducted by the Competition Commission of India (CCI) reveals that while discounts by e-commerce portals leads to user growth,…
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The rules are in line with recommendations of the Financial Action Task Force (FATF) for combating money laundering and financing terrorism.The ministry of corporate affairs (MCA) has extended the time offered to companies to provide…
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