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Showing posts with label Financial News India Stock Market News. Show all posts
Showing posts with label Financial News India Stock Market News. Show all posts

Tuesday, June 25, 2019

Nokia 3.2 Review: A good blend of Android and beauty

Nokia 3.2 Review: A good blend of Android and beauty
Nokia has been making beautiful phones that have been able to outdo rivals even though the specs are sometimes comparatively underwhelming. Does Nokia 3.2 make a difference?

Source: TFE

Amazon, Flipkart flag FDI rule issues, but Piyush Goyal unlikely to ease norms

Amazon, Flipkart flag FDI rule issues, but Piyush Goyal unlikely to ease norms
Piyush Goyal says open to engage other countries on data & e-commerce but on reciprocity basis

Source: TFE

Vodafone Idea loses users in 4G segment

Vodafone Idea loses users in 4G segment
Vodafone Idea saw its 4G subscriber base decline in April for the second consecutive month since their merger in August 2018.

Source: TFE

Troubles galore for Cognizant as HC upholds Rs 2,500 crore Income Tax demand

Troubles galore for Cognizant as HC upholds Rs 2,500 crore Income Tax demand
The case stems from the demand for payment of tax at the rate of 15% on the remittance of Rs 19,415 crore to its non-resident shareholders in the US and Mauritius, against buyback of 94 lakh of its equity shares in May 2016.

Source: TFE

Monday, June 24, 2019

RBI surplus: Bimal Jalan panel against high one-time transfer, Garg dissents

RBI surplus: Bimal Jalan panel against high one-time transfer, Garg dissents
In February, RBI decided to offer an interim dividend of Rs 28,000 crore to the Centre

Source: TFE

Black money: House panel divided on impact of note ban

Black money: House panel divided on impact of note ban
The panel, headed by Congress leader Veerappa Moily, cited three estimates pegging black money between $216.5 billion and $ 490 billion over various periods between 1980 and 2010.

Source: TFE

Hero, Bajaj, TVS say e-mobility transition could undermine Make in India

Hero, Bajaj, TVS say e-mobility transition could undermine Make in India
Say 100% transition uncalled for; caution Make in India could be undermined.

Source: TFE

Thursday, June 20, 2019

International day of Yoga 2019 Live Updates: PM Modi leading the world in celebrating World Yoga Day at Ranchi

International day of Yoga 2019 Live Updates: PM Modi leading the world in celebrating World Yoga Day at Ranchi
International Yoga Day 2019: PM Narendra Modi is continuously posting about different Yoga Asanas on his twitter account for some days now. During one of his previous yoga day speeches, the Prime Minister Modi had said yoga has become one of the most powerful unifying forces in the world.

Source: TFE

Tuesday, June 18, 2019

Operation cleanup | Govt sacks another 15 officers on charges of corruption

Operation cleanup | Govt sacks another 15 officers on charges of corruption
Under 56 (j), the performance of an officer who has turned 50 or 55 or has completed 30 years of service (whichever is earlier) is being reviewed to ascertain if he/she is liable for compulsory retirement.

Source: TFE

Razorpay raises $75 million from Sequoia, others in Series C funding

Razorpay raises $75 million from Sequoia, others in Series C funding
Razorpay said a large portion of the funds will be used to develop new technologies and scale up its recently expanded product suite, Razorpay X and Razorpay Capital.

Source: TFE

IL&FS scam: Audit firm noted lapses by IFIN but looked the other way

IL&FS scam: Audit firm noted lapses by IFIN but looked the other way
In emails to IFIN’s officials, the audit team noted 17 instances, including a loan of `12 crore extended to a subsidiary of Unitech, which was then used to repay interest on previous loans.

Source: TFE

EU to India: How will you double farmers’ income by 2022?

EU to India: How will you double farmers’ income by 2022?
Ahead of a meeting of the WTO’s committee on agriculture on June 25-26, countries have submitted questions on various farm policies adopted by India, purportedly with an aim to gauge if these are trade-distorting and can be challenged at the multilateral body. 

Source: TFE

Monday, June 17, 2019

Lenders finally decide to take Jet airways to NCLT

Lenders finally decide to take Jet airways to NCLT
The decision was taken after a meeting of the lenders. “After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received,” SBI said in a statement.

Source: TFE

Piramal sells its stake in Sriram Transport Finance

Piramal sells its stake in Sriram Transport Finance
Shriram Transport Finance shares closed Monday’s session down 6.15% at Rs 1,015. Shares of Piramal Enterprises ended the day 3.07% down at Rs 2,004.85.

Source: TFE

Telecom panel approves Rs 3,050 crore penalty on Bharti Airtel, Vodafone Idea

Telecom panel approves Rs 3,050 crore penalty on Bharti Airtel, Vodafone Idea
Before imposing the penalty, the commission has decided to seek the Telecom Regulatory Authority of India’s views on revising the quantum of Rs 3,050 crore amount recommended by it, as the sector is under financial stress.

Source: TFE

JAL insolvency plea: ICICI Bank moves NCLAT for early hearing

JAL insolvency plea: ICICI Bank moves NCLAT for early hearing
In its plea before the appellate tribunal, ICICI Bank submitted that there has been no progress in its insolvency petition filed against JAL, which was filed in September last year.

Source: TFE

Monsoon’s tardy progress raises concerns over Kharif crop

Monsoon’s tardy progress raises concerns over Kharif crop
Area under all crops was 82.20 lakh hectares as of June 14, down from 90.34 lakh hectares in the year-ago period. Rice area trails at 4.26 lakh hectare against 5.47 lakh hectare last year while pulses acreage is down at 1.04 lakh hectare from 2.11 lakh hectare.

Source: TFE

Doctors strike ends, Mamata Banerjee accepts demands, says proud of medicos

Doctors strike ends, Mamata Banerjee accepts demands, says proud of medicos
The strike, triggered by an attack on a doctor by the family of patient who died at the NRS Medical College and Hospital in Kolkata, saw doctors across the country joining the protests and observing a shutdown on Monday in response to a call by the Indian Medical Association (IMA).

Source: TFE

Sunday, June 16, 2019

Mahanadi Coalfields to double output to 300 mtpa by 2026

Mahanadi Coalfields to double output to 300 mtpa by 2026
MCL, a subsidiary of mining major Coal India Ltd, produced around 144 million tonne during 2018-19 and has set a target of 160 million tonne this fiscal.

Source: TFE

Saturday, June 15, 2019

West Bengal doctors’ strike: Mamata Banerjee rubbishes MHA advisory, opposition parties second it

West Bengal doctors’ strike: Mamata Banerjee rubbishes MHA advisory, opposition parties second it
The MHA sought separate reports from the West Bengal government on the ongoing doctors' strike and on political violence that has left 160 people dead in the past four years.

Source: TFE