What trade war? Chinese companies wow with Q3 report card
The companies mostly beat lowered market expectations as consumer spending remained strong.
PSBs reported frauds of over Rs 95,700 crore in April-September
"According to RBI, frauds as per year of reporting, as reported by PSBs, duri...
Public Sector Banks reported frauds of over Rs 95,700 cr in Apr-Sep
Government owned banks reported frauds of over Rs 95,700 crore in the fir...
Central Bank of India reports higher Rs 6,430 cr loss for FY19 on NPA divergence
The net NPA divergence -- the difference between the NPAs reported by the bank and that assessed by the RBI -- was at Rs 2,565 crore for 2018-19.
ET Awards: Economic Times report on Mobile Tech wins prize
The article detailed the security challenges posed by outdated versions of Google’s Android mobile operating system, which powers nine out of every 10 smartphones in India.
Trai to wait for telcos to report revised pricing, details before taking view: Sources
Vodafone Idea and Bharti Airtel, the two large telecom operators, last week had reported a combined loss of Rs 74,000 crore for the second quarter ended September 2019, mainly on account of statutory dues arising from the recent Supreme Court order on adjusted gross revenue (AGR).
Tesla plans to invest $4.4 B in Berlin factory: Report
The first production line at Tesla’s Berlin factory, unveiled by founder and Chief Executive Officer Elon Musk earlier this week, will manufacture the company’s SUV Model Y, which could be produced as early as 2021, according to the newspaper. The electric car maker could receive about €300 million in subsidies subject to approval by the EU, Bild reported.
Housing sales of 9 listed players up 2% at Rs 5,520 crore in July-Sep: Report
"While housing sales in overall residential market recorded a decline in Q2 FY20, the housing sales value of India's top 9 listed developers remained steady during the quarter," said Anuj Puri, Chairman, Anarock.
New Delhi 9th fastest growing global prime residential market; Bengaluru, Mumbai in top 30: Report
While New Delhi and Mumbai have moved up by one and two places, respectively, from 10th and 30th ranks in the previous quarter, Bengaluru has slipped five places to 20th rank in September quarter.
Report finds companies do not suffer financially if they’re LGBT inclusive
The report found that about 60% of the Indian cos surveyed belonged to the very top tier of companies that are non-discriminatory, in particular towards LGBT+ populations. This is significantly higher than the average of 39% for all companies. The report found that there was no impact on revenue for companies who were vocal about their support for the LGBT cause.
Decriminalise 46 more offences under cos law, says panel report
The committee has suggested amendments to 46 penal provisions, "so as to either remove criminality, or to restrict the punishment to only fine, or to allow rectification of defaults through alternative methods", an official release said. The proposals are aimed at further de-clogging of the criminal justice system in the country.
135 terrorists have infiltrated since Aug 5: Intelligence Report
Pakistan has managed to infiltrate about 135 terrorists into the Kashmir valley in three months, since the special status of Jammu and Kashmir was revoked with abrogation of Article 370, as per latest assessment by intelligence agencies. Security forces had identified over 25 entry routes along the Indo-Pak border in J&K.
Realty attracts $14 billion foreign PE investments since 2015: Report
Indian real estate attracted nearly $14 billion of foreign private equity between 2015 and 2019.
RBI has cut rates by 110 bps since April, but average lending rates goes up 8 bps: Report
Economic growth has fallen to a six-year-low of 5% in the June quarter and is widely expected to slip further.
Total number of Indian students in the US up 3% to 202,014, according to 2019 Open Doors report
For the 10th consecutive year, China remained the largest source of international students in the US in 2018-19 with 369,548 students in undergraduate, graduate, non-degree, and optional practical training (OPT) programmes, a 1.7 per cent increase from 2017-18; India was at second place with 202,014, an increase 2.9 per cent.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service