expr:content='data:blog.metaDescription' itemprop='description'/>

Translate

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, September 10, 2019

Maharashtra, Tamil Nadu oppose advance power payments

Maharashtra, Tamil Nadu oppose advance power payments
State-run electricity distribution companies (discoms) of Maharashtra and Tamil Nadu have opposed the central government panel's recommendation to make advance payments to power producers.

Source: TFE

Joint panel to be formed: India, Asean to review free trade agreement

Joint panel to be formed: India, Asean to review free trade agreement
India and the 10-member bloc of South-East Asian nations have decided to review their free trade agreement (FTA) in goods that was signed in 2009.

Source: TFE

Monday, September 9, 2019

Debt recast: Suzlon Energy lenders staring at a haircut

Debt recast: Suzlon Energy lenders staring at a haircut
Lenders to the loss-making Suzlon Energy are understood to have met the company management on Monday to discuss the restructuring of their dues of close to Rs 8,000 crore.

Source: TFE

Recovering dues: Most MFs may not sign ICA but still back resolution plan for DHFL

Recovering dues: Most MFs may not sign ICA but still back resolution plan for DHFL
Most Mutual Funds that have an exposure to Dewan Housing Finance (DHFL) are unlikely to sign the inter-creditor agreement (ICA) but will nonetheless lend their support to a resolution plan.

Source: TFE

New DoT panel to look into all aspects of 5G

New DoT panel to look into all aspects of 5G
The Department of Telecommunications (DoT) has formed another inter-ministerial panel on 5G.

Source: TFE

Revision of renewable energy PPAs in Andhra Pradesh unfortunate: RK Singh

Revision of renewable energy PPAs in Andhra Pradesh unfortunate: RK Singh
According to official data, AP discoms owed Rs 2,509 crore to renewable units as on July 31, which was 26% of the combined dues of Rs 9,736 crore of the country’s discoms to 26,725 MW of renewable energy projects.

Source: TFE

Onam likely to lift sagging consumer appetite in Kerala

Onam likely to lift sagging consumer appetite in Kerala
Onam sales, which come hand in hand with the wedding season, are a bellwether stock for the long string of ensuing festivals like Durga Puja, Dussehra, Diwali and Christmas.

Source: TFE

Sunday, September 8, 2019

5G: Telecom panel to meet on September 19 to finalise spectrum price

5G: Telecom panel to meet on September 19 to finalise spectrum price
The Digital Communications Commission (DCC) is scheduled to meet on September 19 to finalise the pricing and other modalities for the upcoming spectrum auction.

Source: TFE

BharatNet: Slow speed and powerless network

BharatNet: Slow speed and powerless network
The government’s showpiece project related to Digital India — BharatNet — which aims at connecting 2.5 lakh gram panchayats with wired broadband connectivity at 100 Mbps speed — isn’t working as per the plan so far.

Source: TFE

Brand icon: Sindhu is now the highest-paid woman athlete in India

Brand icon: Sindhu is now the highest-paid woman athlete in India
After her recent record-breaking achievement of bagging India’s first gold at the BWF World Championships, 24-year-old PV Sindhu is taking her time to pick and choose new brand endorsement deals.

Source: TFE

Economic slowdown a cyclical process: Prakash Javadekar

Economic slowdown a cyclical process: Prakash Javadekar
Terming the present economic slowdown as a “cyclical process”, the government remains optimistic about near-doubling the economy size to $5 trillion by 2024.

Source: TFE

RCEP: Trade ministers pledge to expedite talks for a deal

RCEP: Trade ministers pledge to expedite talks for a deal
Trade ministers from the 16-nation Regional Comprehensive Economic Partnership (RCEP) grouping on Sunday pledged to address contentious issues and clinch a deal this year, underscoring the fact that continuing uncertainties in trade and investment environment had dampened growth outlook.

Source: TFE

Friday, September 6, 2019

Proximity to Pakistan may affect goodwill, BJP team tells China

Proximity to Pakistan may affect goodwill, BJP team tells China
The 11-member high-level BJP delegation led by general secretary Arun Singh also urged China to take measures to increase imports from India so that the $57.86 billion trade deficit could be brought down.

Source: TFE

Jammu and Kashmir: Government should hold polls at the earliest, says US

Jammu and Kashmir: Government should hold polls at the earliest, says US
This is a clear evolution of the US administration’s position, especially weeks before the Prime Minister is scheduled to travel to the US for the United Nations General Assembly in New York.

Source: TFE

Thursday, September 5, 2019

Ashok Leyland to absorb production holidays at Chennai plant

Ashok Leyland to absorb production holidays at Chennai plant
Wages payable for the non-working days declared on September 6, 7, 10, 11 will be decided after discussion with the Ashok Leyland Employees Union.

Source: TFE

Mahindra & Mahindra defers Rs 1,000 crore capex plan for auto, tractor segments

Mahindra & Mahindra defers Rs 1,000 crore capex plan for auto, tractor segments
With poor auto sales leading to thousands of job losses across the value chain, Goenka warned there could be more layoffs if the slowdown continues till a brief period.

Source: TFE

Jaypee Infratech case: NBCC to submit revised plan to take over 27 incomplete projects

Jaypee Infratech case: NBCC to submit revised plan to take over 27 incomplete projects
The Wish Town Home Buyers Welfare Society, which claims to have over 1,100 homebuyers of various JIL projects, had suggested that the apex court should “do complete justice” by inviting the bids in the court itself

Source: TFE

Govt to file special leave petition in SC against Bombay HC order on IL&FS auditor

Govt to file special leave petition in SC against Bombay HC order on IL&FS auditor
Last month, BSR had filed a writ petition in the Bombay High Court seeking that the court declare Section 140 (5) of the Companies Act unconstitutional.

Source: TFE

Kia Motors to start exports through Chennai port soon

Kia Motors to start exports through Chennai port soon
Kia Motors, Glovis India and Chennai Port Trust have entered into a tripartite agreement for export of cars till 2029 through the port.

Source: TFE

TCS expands partnership with Norway’s Posten Norge

TCS expands partnership with Norway’s Posten Norge
EuroKids will continue to be managed by its team of educators, administrators and management team led by co-founder and group CEO Prajodh Rajan, who will also remain a shareholder in the company.

Source: TFE