Sector regulator Trai Friday has been told by its players that almost all cable TV consumers have either chose their channel preferences or had moved to ‘best fit plan’... Read more »
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... 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... 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... 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.... 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... 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... 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... 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... Read more »
Million dollar beverage company PepsiCo plans to divest its bottling franchisee rights in the West and South of the country. The company in talks is Varun Beverages in a... Read more »