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Power producers give 60 days to discoms for paying bills for the supply of electricity.Power producers’ total outstanding dues owed by distribution companies increased around 45 per cent to Rs 81,085 crore in November 2019 over the same…

Barring January, July and August, FPIs were net buyers for rest of the months in the year gone by.Foreign portfolio investors (FPIs) began the year with profit booking as they withdrew a net sum of Rs 2,418 crore from the Indian capital…

MTNL has reported losses in nine of the past 10 years and BSNL too has been in the red since 2010.State-owned Bharat Sanchar Nigam Ltd has submitted details of 14 properties worth Rs 20,160 crore to the Department of Investment and…

The regulator said that the properties should be available throughout the year for the employees of Sebi.Continuing with its pro-employee initiatives, Sebi plans to rope in an agency to provide holiday home facility to the markets…

Domestic companies had borrowed over USD 1.99 billion in November 2018 from foreign sources.Overall borrowings by India Inc from overseas markets grew 6.5 per cent to USD 2.12 billion in November 2019, the Reserve Bank data…

Brent crude futures were at $ 67.48 a barrel, up $ 1.23, or 1.86%, by 0202 GMT, and West Texas Intermediate (WTI) crude futures rose $ 1.03, or 1.68%, to $ 62.21 a barrel.Oil prices jumped more than $1 on Friday after a U.S. air strike…

RJio has added 9.1 m gross subscribers (active subscriber addition stood at 14.3 m – 31% market share).The Telecom Regulatory Authority of India has released subscriber data for Oct’19. Key insights highlighted below:* After 10 months of…

The December 2019 collection stood at Rs 1,03,184 crore and while it was close to November collection, the GST collection soared 9% as compared to the same period in 2018. (Reuters)The Goods and Services Tax collection may have brought…

Last month, HERE had announced that Mitsubishi Corporation and Nippon Telegraph and Telephone Corporation (NTT) of Japan are to jointly acquire a 30% ownership stake in the company.For the sixth consecutive year, HERE Technologies, a…

It was a surprise to see the dollar moving significantly against Asian currencies even though “the news shouldn’t impact Asia directly and we’re talking about at least two to three degrees of separation. (Reuters photo)The tone in global…