000 Crore

The much-awaited greenfield project has been expedited by the Network Planning Group working under the PM Gati Shakti National Master Plan

Airtel gets shareholders nod to raise Rs 10K cr

Telecom major Bharti Airtel today said its shareholders have approved a proposal to raise up to Rs 10,000 crore in debt.

BNP Paribas MF eyes over Rs 7,000cr AAUM by year-end

BNP Paribas Mutual Fund today said it is aiming to cross Rs 7,000 crore mark in average assets under management (AAUM) by the year-end from around Rs 6,000 crore now.

IndiaFirst eyes to collect Rs 2-K crore premium by March end

IndiaFirst Life Insurance is looking at achieving overall premium of Rs 2,000 crore by March-end from Rs 1,750 crore at present, a top company official said here.

Orient Electric aims over Rs 2,000 cr turnover in 4-yrs

CK Birla group firm Orient Electric said it would cross Rs 2,000 crore turnover in next four years, mainly on account of new products additions in existing segment and increase in exports.

SBI Funds first to cross Rs 20,000-crore AUM in ETFs

SBI Funds Management (SBIFM) today said it has become the country's first asset manager to cross Rs 20,000 crore of AUM in exchange-traded funds (ETFs).

BPCL to raise Rs 2000 cr by March end

In a notice to stock exchanges, BPCL said its shareholders had on September 21 last year approved raising of funds through 'Private Placement of Non-Convertible Bonds/Debentures and/or Other Debt Securities'.

Aditya Birla group commits Rs 5K cr investment in J'khand

Aditya Birla Group Chairman Kumar Mangalam Birla today committed Rs 5,000 crore investment in Jharkhand in various sectors including mining.

Govt allocates Rs 13,000 crore to DoT for BharatNet, NFS

Government has allocated Rs 13,000 crore to the Department of Telecom (DoT) to roll out broadband network across gram panchayats and building alternate communications network for Defence, as per the Output-Outcome Framework for Schemes 2017 issued today.

MFs see Rs 54,000 cr inflow in Jan; Rs 3.67 lakh cr in FY'17

Investors have pumped in nearly Rs 54,000 crore into various mutual fund schemes in January, with liquid, income and equity funds attracting the most of the inflows.

HZL board may consider Rs 15,000-cr dividend to govt in Feb

The board of Hindustan Zinc Ltd (HZL), a Vedanta group firm, is likely to deliberate next month on the issue of Rs 15,000-crore dividend payout to the government for the ongoing fiscal.

IDBI Bank raises Rs 1,000 cr via bonds

Public sector IDBI Bank has mopped up Rs 1,000 crore through private placement of Basel-III compliant bonds.

Kwality partners Bank of Baroda for Rs 4k cr loan to farmers

Dairy firm Kwality Ltd today said it has signed an agreement with Bank of Baroda for providing Rs 4,000 crore loans to the former's one lakh farmers from whom the company procures milk.

Railways' 'Mission 41K' to save energy worth Rs 41,000 cr

Union Railway Minister Suresh Prabhu today unveiled 'Mission 41K' to save Rs 41,000 crore on the Indian Railways' expenditure on energy consumption over the next 10 years.

Reliance Jio to invest Rs 30,000 cr more in networks

New telecom operator Reliance Jio Infocomm is planning to invest Rs 30,000 crore more to expand coverage and increase network capacity.

RBI to auction bills worth Rs 1 lakh cr tomorrow

The RBI today said it will auction 35-days and 49-days Cash Management Bills worth Rs 1,00,000 crore on January 13 to mop up extra liquidity from the system post demonetisation.

Odisha attracts Rs 5,000 cr investment from private sector

Odisha today received investment commitments worth Rs 5,000 crore from the private sector during an ongoing business summit here, a top government official said today.

Air India mulls Rs 10,000-cr debt rejig under RBI's new scheme

Air India, which is operationally profitable now, is looking to rejig debt worth Rs 10,000 crore under the scheme for sustainable restructuring of bad assets floated by the Reserve Bank of India.

Govt to launch 3 e-way projects at cost of Rs 1.3L cr: Gadkari

Government will soon launch three expressway projects -- Delhi-Amritsar-Katra, Delhi-Jaipur and Vadodara-Mumbai -- soon at a cost of about Rs 1,32,000 crore, Union Minister Nitin Gadkari today said.

Reliance Jio to raise Rs 15,000 crore via rights issue

Telecom operator Reliance Jio Infocomm will raise Rs 15,000 crore through optionally convertible debt instrument.

IOC to raise Rs 12,000 cr via bonds

Indian Oil Corp, the nation's biggest oil company, plans to raise Rs 12,000 crore through a bonds issue to meet its capital expenditure needs.

Airtel moves Delhi HC, seeks Rs 3,000 crore licence fee refund

Telecom giant Airtel on Monday moved the Delhi High Court, seeking a refund of over Rs 3,000 crore. The issue pertains to a 20-year-old case when Airtel‘s licence for Punjab circle was suspended between 1996 and 1998, reports CNBC-TV18‘s Ashmit Kumar.

HDFC to raise Rs 1,000 cr via debentures on private placement

The fund would be raised through secured redeemable non-convertible debentures, HDFC said in a regulatory filing on Tuesday.

UltraTech in talks to raise Rs 3000cr via equity: Sources

The cement major has reached out to bankers, who are eveluating options and demand conditions for the fundraising.

Expect 60% of 'watch list' accounts to turn bad: Axis Bank

The bank has assessed the status of the corporates, their current payment track record, their fundamentals, and the probability of the slippages, before taking a call on making the watch list, says V Srinivasan, Deputy MD of Axis Bank to CNBC-TV18.