BUSINESS
Budget 2020: Solar pump scheme may be good for farmers, but is susceptible to misuse
When a farmer uses conventional electricity, he pays a subsidised tariff and so will be careful about wasting power. Since solar pumps have no billing, he will tend to leave his pump on, draining more of precious ground water.
BUSINESS
We were always entrepreneurial, hence innovative, says SREI Infra chairman Hemant Kanoria
In a freewheeling interview at his home-cum-office at Alipore in Kolkata, Kanoria spoke to Moneycontrol about how his company has grown over the years.
BUSINESS
Interview - Serum Institute's Adar Poonawala plans new vaccines and an NBFC
Adar Poonawala took over from his father Cyrus, to guide the fortunes of the group. In an exclusive interview, he spoke about some of the group’s initiatives.
BUSINESS
Explainer: What is MDR and why are merchants not happy with it?
On December 6, RBI lowered MDR to 0.4 percent for businesses with turnover of less than Rs 20 lakh. For businesses over Rs 20 lakh, MDR is capped at 0.9 percent.
