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FANI RELIEF FUND
Fund-raising to boost Bharti Airtel's books: Analysts
Bharti Airtel’s application for permission to increase its foreign shareholding limit to 100 per cent is still pending with the government.
Speed up execution of relief measures: Realtors
The real estate sector is seeking emergency lifeline from the government that has announced s...
Banks can’t claim tax relief on FD insurance
Reversal of credit would lead to an increase in cost by anywhere between Rs 200 to Rs 500 crore ...
SAT refuses relief to lenders in Karvy case
The tribunal asked these companies to approach Sebi by December 6 with their pleas.
AGR impact: S&P keeps Airtel rating on negative watch
Bharti Airtel has hiked tariffs by 15-45 per cent effective December 3, which should temper the impact of the court ruling.
Maha govt suggests merger of troubled PMC Bank with MSC Bank
The PMC Bank has been put under restrictions by the RBI, after an alleged Rs 4,355 crore scam came to light following which the deposit withdrawal was initially capped at Rs 1,000, causing panic and distress among depositors. At least eight depositors, who had high quantum of money stuck with the bank, died in the last couple of months, including one who committed suicide.
SC directs government to use stress fund for stuck Amrapali flats
The estimated cost for construction of all housing projects is Rs 8,500 crore and amount recoverable from homebuyers and buyers of commercial areas is Rs 3,700 crore, which is 43% of the cost. Banks have also been told to release funds to homebuyers.
RBI raises aggregate exposure limit to Rs 50 lakh on P2P lending platforms
Industry insiders said these were precursors to Thursday's move. “We requested for a limit of ₹1 crore for investment but… at least RBI considered for an elevation to ₹50 lakh,” Ranjan told ET after the announcement.
Parliament okays corporate tax cut; FM says software developers, miners not eligible for lower rates
Replying to a debate on the legislation, Sitharaman said a negative list of activities that do not constitute manufacturing has been created and will not be eligible for the lower 15 per cent tax rate for manufacturing firms that are set up after October 1 and that begin operations by 2023.
View: Why India has a long way to go to win the trust of investors
Sanctity of contracts is important. A new govt annulling a contract impacts the country’s image badly.
Bharti Airtel's board to discuss funding options on Dec 4
The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity or bonds.
Karvy khushi, Karvy gham: Sebi serves stern warning to stockbrokers at large
Karvy is one of the largest brokerage firms and mutual fund registrar.
Real estate ancillary industries counting on ‘stress fund’ for revival
The real estate sector and the construction industry together form the second-largest employer in India. Once construction of housing projects resumes, ancillary industries expect to get more business.
Market Movers: What changed for D-Street while you were sleeping
Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,131 crore on Tuesday, data available with NSE suggested.
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