HCL Technologies expects strong demand across sectors in coming quarters
The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US markets.
Tripura SEZ along Bangladesh to be multi-sector one
The Rs 1,550 crore special economic zone (SEZ), to be set up along the Bangladesh border ...
What ails India's pharmaceutical sector?
Unlike mature markets such as the US, where drug prices are market-controlled, here, the government ...
Prepaid mobile services restored across J&K after over five-month suspension
Principal Secretary of Planning Commission in Jammu & Kashmir Rohit Kansal informed that the voice and SMS facilities shall be restored on a...
Govt to stop substitutable coal import; can go for auction of 100 fully explored new blocks: Joshi
The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act 1957 and Coal Mines (Special Provisions) Act 2015.
Shopping-as-a-service model to dictate consumers’ loyalty towards brands
There’s a visible shift of brands to personalization and hyper-segmentation and increasingly modern and traditional retail are joining hands. Technology and digitization was proactively adopted by the various brands as they started realizing the importance of joining the digital revolution.
Government considering specific excise duty on ATF
Concessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an increase in price of the fuel because of global rate hike translates into an even higher price for airlines as the tax incidence also rises.
Share market update: Nifty Service sector index down; IndusInd Bank loses 6%
The Nifty Services sector index was trading 0.88 per cent down at 17565.45.
DoT examining if January 23 legal deadline for AGR payment applies to non-telecom PSUs
The issue of deadline for PSUs is being examined legally. Telecom companies Bharti Airtel and Vodafone Idea, on the other hand, are legally bound to comply with the payment timelines stipulated by the apex court.
Nabard projects Bengal's credit potential at Rs 1,91,289 crore
"The resource is limited. The assessment helps us creating a roadmap on how best the resource can be allocated keeping special focus on less developed districts," Nabard's chief general manager in Kolkata Subrata mandal told ET. Nabard has unveiled the state focus paper for 2020-21 on Friday.
Government relief only hope, else telecom sector headed for duopoly: Analysts
Industry experts are divided over the likely outcome of the sector heading towards a duopoly with two private telcos-Reliance Jio and Bharti Airtel plus one PSU- BSNL with a limited reach. While Vodafone Idea is reeling under the debt of Rs 53,000 crores as AGR payment, Airtel is better financially placed to pay its statutory dues of Rs 35,000.
Financial services sector: Tackling demand and credit crises
With banks risk-averse & NBFCs facing liquidity crunch, the sector wants to regain confidence to restart lending.
BNP sees Sensex at 44500 by year-end, turns bearish on the consumer sector
FMCG spending could also be impacted due to rise in telecom tariffs.
Share market update: Nifty Services sector index flat; TCS climbs 1%
The Nifty Services Sector index was trading 0.12 per cent up at 17703.
ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official
In a panel discussion under ETRise Dialogue, a top official of the Union Bank of India said that MSMEs were getting loans sanctioned by banks, especially under the PSB loans in 59 minutes. The Bank, he said, was proactive in MSME funding.
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