Business Blogs News - Page 30

Telecom crisis: Brokerages expect around 15% hike in tariffs for Vodafone, Bharti Airtel customers from December

Customers of Vodafone Idea and Bharti Airtel must now brace themselves with higher mobile phone bills come next month

Economy in bad shape with everything from car sales, bank loans in doldrums, but stock markets on a strong footing; what gives?

A very small section of the stock market has been driving up the overall stock market

Decriminalise 46 more offences under companies law; lower monetary penalties for startups violations, says panel report

The Company Law Committee, chaired by Corporate Affairs Secretary Injeti Srinivas, has also recommended providing power to enhance thresholds for the applicability of CSR requirements under the Companies Act, 2013

Sensex opens over 170 points higher driven by banking, telecom stocks; Nifty above 11,900-mark in early trade

After hitting a high of 40,455.36 in the early session, the Sensex pared some gains to trade 58.59 points, or 0.15 percent, higher at 40,342.78, while the broader NSE Nifty advanced 14 points, or 0.12 percent, to 11,898.50

Tata Steel plans to cut up to 3,000 jobs across European operations; two-thirds losses expected to be office-based roles

Tata Steel's quest to boost profitability follows a European anti-trust decision to block a joint venture with Germany's Thyssenkrupp

Telecom crisis deepens: Airtel, Vodafone Idea mobile service rate hikes from December to hit customers hard

Bharti Airtel on Monday said it will start raising rates for services in December to make business viable

Lawsuit against Boeing accuses board of doing nothing to investigate safety of 737 MAX aircraft

The lawsuit, brought by the Kirby Family Partnership, a Boeing investor, alleges the directors breached their fiduciary duties to shareholders

Economic slowdown: Govt to introduce new norms to ease restrictions on FDI by JVs of Indian firms to boost investment

The existing legal framework under FEMA does not permit FDI by an overseas JV or WOS of an Indian party without the prior approval of the Reserve Bank of India

Govt considering to reintroduce restrictions on royalty payments for technology transfer

Royalty is paid to a foreign collaborator for the transfer of technology, usage of brand or trademarks.

Jaypee Insolvency Case: NBCC sweetens bid by offering more land and benami flats to lenders; CoC to meet today

In 2017, Jaypee Infratech went into insolvency process after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium.

Anil Ambani, 4 directors resign from Reliance Communications; firm going through insolvency process

Reliance Communications Chairman Anil Ambani along with four directors have resigned from the company, which is going through insolvency process,

NITI Aayog tells stakeholders to discourage 'false claims' about agrochemicals, tackle spread of wrong perception in public

NITI Aayog member Ramesh Chand outlined the importance of responsible use of agrochemicals utilising precision technologies to reduce wastage of applied chemicals into the environment

Nirmala Sitharaman holds meeting for simplification of GST returns filing; similar meetings to be held across country from 7 December

New GST return is available on the portal for trial and consultations will be held all across the country on 7 December

Rajdhani, Shatabdi, Duronto meals to cost more from March 2020; travellers to pay high fares ranging from 3% to 9%

The tariff of food onboard Rajdhani, Shatabdi and Duronto trains was last revised in 2013.

Significant distress in China could spill over to US and global markets, says Federal Reserve; may escalate trade conflict with US

Some contacts worried about a deterioration in broader US-China relations, rooted in technology and national security issues, said the Fed Reserve report

Reliance Jio says delay in implementation of zero call connect charges beyond January 2020 will hurt service affordability

Reliance Jio Director Mahendra Nahata said that the ratio of incoming and outgoing call is now at par with each other and and traffic asymmetry can, therefore, no longer be the reason to delay implementation of Bill and Keep (BAK) regime

Reliance Foundation collects record 78 tonnes of waste plastic bottles for recycling; to be made into value-added fibres

The Foundation's drive was made possible by mobilising over three lakh employees, their family members and partners of RIL and its allied businesses like Jio and Reliance Retail across their several locations in India.

Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit

One just needs to look at the sales figures of auto makers, FMCG companies and state of the manufacturing and construction sector to understand where does the consumer confidence indicators point at this stage.

Centre not to release consumer expenditure survey due to data quality issues; to soon unveil base year for new series of GDP

A media report has claimed the consumer expenditure survey was approved to be released on 19 June this year but was withheld by the government agency owing to its "adverse" findings

Bajaj Auto plans KTM, Husqvarna EV scooters on new Chetak platform; new electric vehicles to be sold through KTM dealerships

The Pune-based Bajaj Auto had discontinued the scooter business in 2005 after the segment saw a demand slump amid the growing popularity of motorcycles.

Coffee Day Enterprises delays Q2 results: Stakeholders fate hangs in balance with firm's corporate governance and legal breaches

The financial crunch has exposed Coffee Day Enterprises to continuous exposure of default in payments of its financial dues, which may lead to the Café Coffee Day business assets slipping out of its hands

Inefficient aircraft bloat aviation losses; Chinese firm Jingye Group's bid for British Steel; all this and more on Moneycontrol Pro

Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations

Sensex rises over 200 points in early trade on firm global cues, Nifty up 50 points; SBI, Tata Motors, Bharti Airtel among top gainers

Sensex was trading 206.79 points, or 0.51 percent, higher at 40,493.27, while the broader NSE Nifty rose 55.05 points, or 0.46 percent, to 11,927.15

Why Nirmala Sitharaman’s back-to-back growth booster pills aren’t working yet to cure India's big consumption collapse

It was in August when Union Finance Minister Nirmala Sitharaman began announcing back-to-back measures to address the economic slowdown

Flipkart to collect plastic packaging back from customers at time of delivery, starts pilot in 7 cities

The pilot project aims at ensuring existing plastic packaging in the system is recycled and reused, Flipkart said in a statement

Govt now to create special finance package for 10 import-driven industries, ensure growth of economy, says Nitin Gadkari

Since the Budget in July, which was not received well by the market and the industry, the government has come out with a slew of initiatives to revive economy, which has hit a six-year low in the June quarter.

Aditya Birla Group may exit joint venture Vodafone Idea, opts for insolvency if govt does not provide relief: Report

As per Department of Telecom's estimate, the liability of Vodafone Idea is around Rs 54,183.9 crore

Vodafone Idea shares tumble over 21%, Bharti Airtel slips nearly 5% after DoT issues notice telcos to pay dues

Shares of Vodafone Idea and Bharti Airtel tumbled up to 21.6 percent on Thursday amid reports that the DoT has issued notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court

Finance Minister Nirmala Sitharaman wants 10,000 FPOs to be set up, but this might not be a prudent policy

FPOs will also have to get over the development or welfarist mindset of the NGOs that promote them.

Roula Khalaf, first woman editor at Financial Times in 131 years, creates history: Occasion indicates rise at workplace for women still rare

A slew of surveys reveals India's low ranking in gender parity and inclusion irrespective of government policies that mandate more women at the workplace