The loans would be sanctioned to states at cost plus a nominal fee to clear dues worth Rs 67,237 crore owed to gencos till August-end.
Industry top line is in good shape. New Delhi’s thrust on infrastructure and manufacturing can only be a force multiplier
Commercial vehicle sales hurt big time, casting a shadow on the overall numbers
Geared towards non-farm income-generating activities, lack of due diligence and poor monitoring of these loans is the latest worry for the already stressed banking sector.
Earnings outlook, order book position, management record, past performance and comparison with peers should guide your investment call
Insurance companies have more than doubled fire insurance premium due to a rise in claims
When asked if a new inter-ministerial panel would be constituted to address the issue, a government source said no.
According to officials, power tariffs can fall 3 to 5 paisa per unit across the country
So far, only NBFCs with assets of over Rs 500 crore have been brought within the scope of IBC
The regulator plans to reduce the notice period under Regulation 42 of the Listing Obligations and Disclosure Requirements (LODR) from seven working days to three.
Big relief seen coming in telecommunications sector from tariff hike; we are positive on Reliance Jio and Bharti Airtel
The industry would need a 20 percent increase in average revenue per user (ARPU) to regain its financial footing, Rajan Mathews, Director General of COAI, said
Profitability, outlook and emerging trends should be on your checklist before you take the stock call
The move, which would be the largest such capital raise in India, is aimed at subverting liquidity squeeze created in the sector after the IL&FS debacle and subsequent busts
While addressing the gathering at Small Micro Enterprise (SME) conference at Nagpur, Gadkari mentioned that the MSME sector has 29 percent contribution in country's growth and 48 percent of export is done through MSMEs. Similarly, about 10-11 crore jobs have been created in MSMEs.
BSNL, MTNL and Jio were also among the 155 participants who attended to discuss the January 1, 2020 date for the Bill and Keep regime, which would replace IUC
The Supreme Court has rightly found out that there was no corruption involved in the Rafale deal. However, the diplomatic and economic damage done is real and will last for a while.
Vodafone CEO Nick Read has called the situation “critical"
The best time to acquire airline stocks is when ATF prices are likely to decline, and make sure the carrier has a lean cost structure
Lower capital cost, skilled cheap manpower and a large domestic market can truly transform India into a manufacturing hub for global agrochemicals
To assume that incumbent TSPs are incapable of paying dues is naive at best and preposterous at worst. The government must avoid encouraging wilful and unethical defaulters by giving them relief to the detriment of those TSPs who have paid their dues lawfully for years
New Delhi should shed its paternalistic way of looking at Bengaluru and Gurugram. After all India’s IT sector has led the biggest wealth creation in the history of our country.
The Committee of Secretaries set up to investigate the reported stress in the telecom sector should first look into why these companies have high debt
Not only did the incumbents use dues owed to the government in funding this expansion, they also risked the financial health of PSU banks and their investors by not providing for liabilities on their balance sheets