Sebi on Thursday has altered the minimum haircut for government securities (G-sec) that are used as collateral in the market. In finance, haircut refers to the difference between the market value of... Read more »
Auto sales to quicken pace in second half of next fiscal after a slow first half, says India Ratings
India’s overall automobile sales will still show signs of little enthusiasm in the first half of 2019-20, but the upcoming implementation of BS-VI emission norms will drive the demand in the second... Read more »
Anil Ambani may soon exit from the mutual fund space by selling of his 42 per cent stake to joint venture partner Nippon Life to reduce debt. The deal is expected to... Read more »
Telecom subscribers in the country have grown marginally to 119.7 crore in December operators, Reliance Jio and state-run BSNL roping in new mobile users, according to a Trai report. Reliance Jio added... Read more »
The GST Council has delayed a decision on rationalisation of tax rates for real estate and lotteries till February 24 when it will continue the discussion, as some opposition-ruled states sought a... Read more »
At the 10th edition of KIE’s Chasing Growth conference, Uday Kotak focused at chasing growth over the next 10 years, outlining potential 8% GDP growth and a need for policy changes to... Read more »
Anil Ambani, chairman of Reliance Communications has been held guilty of contempt of court by the Supreme court. According to reports, RCom did not observe the undertaking given by the court to... Read more »
Flipkart Co-Founder Sachin Bansal has invested about 650 crore in Ola cab riding service. This has put its contender Uber in a tough spot. This happens to be Sachin’s personal investment and... Read more »
Operating margins of sugar millers could improve by 300-400 basis points (bps) in sugar season (SS) 2019 (October 1, 2018, to September 30, 2019) following a ~7% increase in the minimum support... Read more »
Governor of Reserve Bank of India Shantikanta Das said that he would meet top officials of state-run and private sector banks by the end of this month. They will discuss issues of... Read more »