Adani has entered the airport sector bagging operating rights of five airports that were put up for privatisation by the government late last year. The financial bids for five airports were opened... Read more »
The Banning of Unregulated Deposit Ordinance keeps track of illicit deposit schemes that cheats gullible investors but it does not prohibit those regulated by law like chit funds. To combat the menace... Read more »
Bharati Airtel has joined forced with Nokia, the Finnish telecom company to conduct a trial for 4G and 5G and enterprises services. This could give a futuristic approach to Bharati Airtel. Since,... Read more »
The 33rd meeting of the GST Council has seen some tax cuts for the middle class. The GST Council has reduced the rate of tax for under-construction housing to 5% (without tax... Read more »
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’ under the new... 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 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 »