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PowerGrid Corpn. Acquires Bhadla-III Power Transmission Limited
Gurugram: Power Grid Corporation of India Limited, a Maharatna CPSU under Ministry of Power has today acquired the Project Special Purpose Vehicle Bhadla-III Power Transmission Limited for establishing the transmission system associated…
Paytm says SEBI notice to founder old development
Paytm added that it had previously disclosed the matter in its financial results for the quarter ending March and the quarter ending June.
Airtel, Apple announce partnership to offer exclusive entertainment content to Airtel customers in…
As part of the partnership, Airtel Xstream customers will be able to enjoy premium content on Apple TV+, including Hollywood and award-winning shows, as part of their premium Airtel WiFi and Postpaid plans.
Road developers’ revenue growth to be in the range of 5-7 per cent in next two years
Road developers have clocked an average 13 percent revenue growth each year in the past five years.
Zee, Sony settle disputes over failed merger, withdraw claims against each other
In January this year, Sony had pulled out from the proposed USD 10-billion merger with ZEE Entertainment Enterprises Ltd citing failure to meet certain "closing conditions" by the Indian firm.
Small finance banks to grow their advances by 25-27 % this fiscal
MUMBAI: Small finance banks (SFBs) are expected to grow their advances by a robust 25-27 percent this fiscal, a tad lower than the previous fiscal’s 28 percent growth boosted by their geographical expansion.
Amid challenges in mobilizing…
REC to fund Rs 45,000 crore for JN Port’s expansion projects
MUMBAI: The Maharana public sector non-bank lender REC has signed an agreement with the Jawaharlal Nehru Port Authority (JNPA) to finance up to Rs 45,000 crore for the nation’s largest container port’s various upcoming projects, which…
RBI to launch Unified Lending Interface to provide ‘frictionless credit’
MUMBAI: The Reserve Bank is piloting an application for frictionless credit —Unified Lending Interface (ULI). It will be launched nationwide soon and will become the UPI on the credit side, Governor Shaktikanta Das said.
The new…
Heavy GST penalties on co executives face legal scrutiny
NEW DELHI: The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued thousands of notices to various companies, as well as their directors and promoters, regarding the wrongful availment of input tax credit (ITC),…
Tax department made Rs 1.57 lakh crore refunds so far, says official
New Delhi: The Income Tax Department of the Ministry of Finance has processed refunds worth Rs 1.57 lakh crore so far, according to a top Government official. According to him, tax refunds are being processed in batches based on the order…
Amazon plans to set up resting points for delivery workers
New Delhi: Over the coming years, e-commerce major Amazon plans to open a number of rest points for delivery workers, which would be equipped with drinking water, air conditioning, seating area, and mobile charging points. On Friday, the…
Financial sector FPIs pull Rs 23,000 crore over credit-deposit gap concerns
Mumbai: The financial services sector witnessed outflows to the tune of Rs 23,000 crore by foreign portfolio investors (FPIs) between July 16 and August 15, according to National Securities Depository Ltd (NSDL) data.
While in the first…
eviewing various options, will take appropriate action – Anil Ambani
Mumbai: Industrialist Anil Ambani is exploring legal options after the Securities and Exchange Board of India (Sebi) banned him from the stock market for five years and imposed a fine of Rs 25 crore, a statement from his spokesperson said.…
REC signs MoU with JNPA for financing Rs. 45,000 Cr
New Delhi: REC Limited, Maharatna PSU and a leading NBFC, signed an MoU with Jawaharlal Nehru Port Authority (JNPA) for financing upto Rs. 45,000 Cr for various upcoming projects of JNPA, which includes development of Vadhavan Port, says a…
Economists predict growth rates for June quarter from 6% to 7%
MUMBAI: Ahead of the official release of June quarter growth numbers next week, economists have offered differing forecasts, with rating agency Icra pegging the lowest at 6% and German brokerage Duestche Bank at the highest at 7% and…
Hero Motors files for ₹900 crore IPO with SEBI
NEW DELHI: Hero Motors, the auto-components firm of Hero Motors Company (HMC) Group, on Saturday filed preliminary papers with markets regulator Sebi to raise Rs 900 crore via an initial public offering (IPO).
The IPO is a combination of…
Passenger vehicle sales stagnate in FY25 amid waning demand
NEW DELHI: After three years of blockbuster growth, passenger vehicle (PV) sales have come under pressure in FY25. Due to waning pent-up demand and lack of interest shown by new consumers, dealer showrooms are filled with inventory of…
Telecom players meet Scindia to discuss regulations on OTT platforms
NEW DELHI: Telecom minister Jyotiraditya Scindia recently met with top telecom service providers to discuss the regulation of Over-the-Top (OTT) communication services.
The meeting included Vodafone Idea CEO Akshaya Moondra, Reliance Jio…
FM to issue circular on GST Amnesty Scheme in October or November
NEW DELHI: The Ministry of Finance will soon issue a circular regarding the much-anticipated goods and services tax (GST) Amnesty Scheme, which was recently proposed in the Budget 2024, as per sources.
The scheme aims to provide relief…
ਗ੍ਰੇਟਰ ਚੰਡੀਗੜ੍ਹ ਖੇਤਰ ਭਾਰਤ ਦਾ ਅਗਲਾ ਸਟਾਰਟਅੱਪ ਪਾਵਰਹਾਊਸ ਬਣਨ ਲਈ ਤਿਆਰ~ਸੀਆਈਆਈ ਚੰਡੀਗੜ੍ਹ
ਚੰਡੀਗੜ੍ਹ: ਗ੍ਰੇਟਰ ਚੰਡੀਗੜ੍ਹ ਰੀਜਨ (ਜੀਸੀਆਰ) ਆਪਣੇ ਆਪ ਨੂੰ ਰਣਨੀਤਕ ਸਥਾਨ, ਵਿਸ਼ਵ ਪੱਧਰੀ ਬੁਨਿਆਦੀ ਢਾਂਚੇ ਅਤੇ ਪ੍ਰਮੁੱਖ ਯੂਨੀਵਰਸਿਟੀਆਂ ਦੇ ਬੇਮਿਸਾਲ ਟੇਲੈਂਟ ਪੂਲ ਦੇ ਵਿਲੱਖਣ ਸੁਮੇਲ ਨਾਲ ਭਾਰਤ ਵਿੱਚ ਤੇਜ਼ੀ ਨਾਲ ਇੱਕ ਪ੍ਰਮੁੱਖ ਸ਼ੁਰੂਆਤੀ ਸਥਾਨ ਵਜੋਂ ਸਥਾਪਿਤ ਕਰ ਰਿਹਾ ਹੈ। ਜਿਵੇਂ–ਜਿਵੇਂ ਇਹ…