Better distribution may ease power sector woes: ETILC
The members said that companies operating in the power utilities segment are currently cashstrapped and hence they haven’t been able to buy power from manufacturing companies. To add to the issues, the members said the country has not been investing in the current infrastructure to plug energy leakage and ensure lastmile delivery to consumers.
TRAI extends deadline for comments on tariff offers paper
This is the second extension sought by the stakeholders for commenting on the paper...
ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs
Union Bank fo...
Lenders put cash flows of about 500 stressed companies’ under lens
In the last three months, lenders have hired agencies in Gammon, Altico, JBF Industries, Suzlon and HCC to track end use of funds. Lead banks are hiring monitoring agencies in accounts having exposure of more than Rs 250 crore.
Jio net profit surges 63% to Rs 1,350 cr in Dec quarter
ARPU, a key performance parameter, rose to Rs 128.4 from reported Rs 120 in the fiscal second quarter, after having fallen for seven successive quarters.
Fishing for better returns: Taking technology to shrimp farmers
India produced more than 7,00,000 tonnes of shrimp in 2019 and exported more than 6,20,000 tonnes to the United States, European Union, Japan and China. The production comes from around 1,70,000 ha of shrimp farms along the country’s coast, with Andhra Pradesh contributing a major share — of more than 4,00,000 tonnes.
View: A $21 billion telecom war comes down to just $2
New Delhi wants nearly $21 billion in back license fees and spectrum usage charges, including penalties, interest.
Two-player telecom market would be too risky in India: Trai officials
A two-private player duopoly in the telecom market would be too risky in India, especially for the consumers, senior officials at the sectoral watchdog said.
DoT seeking Rs 3 lakh crore from GAIL, other non-telecom PSUs result of communication gap: Dharmendra Pradhan
The government's demand from such companies increased many times more than their net worth and the Centre asked them to go to the Supreme Court against such dues. While Oil India Ltd filed a clarificatory/ modificatory petition on Wednesday, GAIL approached the apex court on Thursday.
Noida girl fights for Rs 1.5 lakh stolen sans OTP or PIN
The three fraudulent transactions -- two on her HDFC debit card worth Rs 52,499.99 and Rs 44,544.24 and one on HDFC credit card worth Rs 52,499.99 were done at the same merchant called ASHANTI, PARIS 10/FR, on New Year's Eve.
Bharti Airtel launches QIP to raise $2 billion, FCCB of $1 billion
The fundraising has come at a time when the company has to pay Rs 35K cr of statuary dues.
What changed for D-Street while you were sleeping
Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid US economic data and lashes of liquidity from the Federal Reserve.
Airtel Africa Q2 net profit up 39% YoY; data usage boosts
This profit growth was driven by rising data consumption and lower finance costs.
Huawei India CEO says Europe isn't able to balance data protection and data usage
The executive said that 5G isn't going to be driven by individuals, but enterprises and cross verticals such as manufacturing and healthcare.
Vodafone Idea may seek more time from Supreme Court to pay dues
The telco had filed a review petition, hoping for a reduction in penalties, which account for 75% of the dues.
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