Telecom tribunal allow stay on Rs 8,300 crore DoT demand for Airtel-Tata Teleservices merger

Telecom tribunal TDSAT Thursday granted partial stay order on Rs 8,300 crore demand raised by the telecom department from Bharti Airtel for approving its merger with Tata Teleservices. The... Read more »

89% of investors who redeemed from hedge funds in 2018 expect to recycle the capital says Credit Suisse survey

Credit Suisse recently released its 2019 Hedge Fund Investor Survey, entitled “Trimming the Sails”, which polled over 310 institutional investors globally representing US$1.12 trillion in hedge fund investments. Participants... Read more »

L&T Infotech profit up 36.2% to Rs 1,515.5 crore in FY19, revenue soars 29%

Larsen and Toubro Infotech, the software services arm of L&T group, ended the financial year 2018-19 with 36.2 per cent growth in consolidated net profit at Rs 1,515.5 crore... Read more »

Will India Housing Sector Return to Favour with PE Firms?

narguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into... Read more »

BlackBuck collects Rs 1,050 crore in funding round led by Goldman Sachs Investment Partners, Accel

BlackBuck, an online marketplace for trucking has been able to raise $150 million (about Rs 1,050 crore) in a funding round led by Goldman Sachs Investment Partners and Silicon... Read more »

GST collection sets record high of Rs 1.13 lakh crore in April

The government hit the highest Goods and Services Tax collection since its roll out for April. The government reported a 10.05 percent year-on-year rise in the Goods and Services Tax... Read more »

Ind-Ra lowers FY20 GDP projection by 0.2% to 7.3%

India Ratings and Research (Ind-Ra) has cut its FY20 gross domestic product (GDP) growth estimate marginally by 0.2%, down to 7.3% from its previous forecast of 7.5%. The key... Read more »

Sebi bans NSE from accessing securities market for 6 months, imposes fine of Rs 625 cr

Capital market regulator Securities and Exchange Board of India (Sebi) on Tuesday banned the National Stock Exchange (NSE) from accessing the securities market for a period of six months... Read more »

Guide to know how to make big money with low risks from stock trading

Mumbai 30th April 2019 Agencies   A popular myth that surrounds the stock market is that it’s only a game of speculations. If you are lucky, you prosper. Else,... Read more »

Govt sells enemy properties worth Rs 1,874 crore in April

For the first time, the government has sold ‘enemy properties’ worth Rs 1,874 crore in April, as it seeks to fast-track the sale process of such assets to meet... Read more »