The move is likely to see opposition from some states as they fear it would reduce their control over the power sector. The Ministry of Power, however, stated that government discoms will continue to operate alongside private licensees in a regulated, level-playing environment.
Of 10 banks surveyed on commissions earned through their insurance arms, seven earned more than half of their insurance commissions by selling policies from affiliated insurers, a report says
Company to focus on bancassurance, embedded insurance, and wellness products while targeting Rs 200 crore in FY26 up from Rs 17 crore
IT product distribution business is a working capital-intensive, low- margin one that necessitates high inventory maintenance to keep the supply chain smooth.
Advertisement spends, and higher distribution efforts across different channels will also help
Charter is locked in a distribution battle with Disney as the second-largest U.S. cable company negotiates with the media conglomerate over how much its channels are worth and how to package them.
The plan includes shifting maintenance of power plants to low-demand periods and redirecting surplus electricity to needy states
”It’s a big day for the people of Banjara (Lambani nomadic) community as over 50,000 people will get their own roof by way of Hakku Patra”, the PM said at a public meeting at Malkhed in this district. Modi distributed five ’Hakku Patra’ to five nomadic couples on the occasion.
He said the Congress will also give a chance to "new faces" in the state polls.
FreshR would use the fresh funding to grow and expand its geographical footprint, develop and implement its tech stack as well as grow its team.
While asset size of mutual fund industry grew by 40 percent in financial year 2020-2021, distributors income just grew by 7 percent.
IFAs are now waking up to the fact that scaling up their businesses is no longer an option, but an imperative for long-term survival and growth
SEBI should plug the loopholes of direct mutual fund schemes before urging the MF industry to promote them.
India's power woes are seemingly un-ending with erratic supply in the cities and gloomy scenario in rural areas. However, things are gradually improving now. The Ministry of Power is fighting this darkness with a renewed vigour and has implemented strategies to provide electricity to remotest parts of India by 2022.
Homegrown consumer durables maker Videocon Industries is aiming to corner up to 13 per cent of the air-conditioner market this year, mainly by increased penetration in tier II and III cities and B2B sales.
Speaking to CNBC-TV18, Kalpit Gandhi, Director & CFO of Vadilal Industries said that FY17 revenue growth will be in double digit.
Financial services firm IIFL posted a decent set of earnings, with third quarter net profit rising 13 percent year-on-year.
Movie production and distribution firm Eros International today said the recently released Bollywood film "Bajirao Mastani" has mopped up Rs 90.80 crore in three days.
Lalit Jalan says Reliance Infrastructre will focus on defence, and expects the company to be debt free by March 2017. The company will also look for opportunities in the EPC space, Jalan says.
With the Narendra Modi government completing a year in office, a ministry that has come in for special mention is Piyush Goyal‘s power and coal ministries.
Last month, Future Consumer Enterprise fully acquired Aadhaar Wholesale Trading and Distribution by buying 30 percent equity stake from Godrej Agrovet and Anamudi Real Estates LLP. Prior to the deal, Aadhaar was a joint venture (JV) between Future Group and Godrej Agrovet Ltd. The Future Group owned 70 percent stake in the company.
Haier‘s online factories model is a disruptive innovation to the existing home appliance industry but, the trend of the age must be the pursuit of such change.
To hell and back sums up of the story of KEC International, an EPC major engaged in power T&D, cables, railways and water businesses. Ramesh Chandak, MD & CEO of this 70-year-old RPG Group company, talks about the challenges of turning around this company, which was almost written off and growing it 16-fold in 14 years‘ time.
The company‘s order book for conductor business in Q1FY15 stood at Rs 2,225 crore.
The Arvind Kejriwal government has appointed additional power secretary Ankur Garg as a nodal officer to coordinate with the Comptroller and Auditor-General (CAG) as the latter prepares to audit Delhi‘s private power distribution companies, sources have told CNBC-TV18.