For Vodafone Idea vendors, Rs 4,000 cr dues are at stake
The deadline for AGR payment looms large over not just telecom operators, but also ancillary players such as infra providers. There’s some r...
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Showing posts with label Industry-Economic Times. Show all posts
Showing posts with label Industry-Economic Times. Show all posts
Sunday, February 16, 2020
Saturday, February 15, 2020
Ficci: Some drugs may not last beyond Feb because of virus crisis
India depends on China for around 70% of its bulk drugs and drug intermediates, according to industry estimates. This is the first-of-its-ki...
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Monday, February 3, 2020
Pharma companies set to supply ARVs for ‘treatment’
Though there is no formal cure discovered to treat the virus, the treatment protocol established in China and confirmation by physicians in ...
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Saturday, February 1, 2020
Cess on medical device imports may cast a shadow on US deal
A trade deal pegged above $10 billion (more than Rs 70,000 cr) has been slated to be finalised when US Trade Representative Robert Lighthize...
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Finance Minister takes a Rs 8,000 crore quantum leap
CEO of Greyhound Research says that it is the right time for quantum investment as companies like IBM and Google are going to be investing a...
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Monday, January 13, 2020
Jaiprakash Power Ventures to exit insolvency process
The outstanding debt of the Jaiprakash Associates group company has reduced to less than Rs 6,000 crore, from more than Rs 11,000 crore, fol...
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Monday, January 6, 2020
Cement demand may rise by up to 6% on govt’s mega infra push
The Centre’s proposal to invest Rs 102 lakh crore to build ports, airports, motorways or irrigation canals is expected to drive demand for t...
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Sunday, January 5, 2020
Great Wall may buy GM’s Maharashtra plant
Great Wall Motors is close to acquiring General Motors’ manufacturing facility in Maharashtra, as China’s largest SUV maker is finalising pl...
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Friday, January 3, 2020
SBI, NPCI seek ‘Visa power’ for RuPay cards
SBI and other state-run banks are the main issuers of the RuPay card and their worry is that the government decision to scrap the processing...
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Thursday, January 2, 2020
With many nations already on 5G, industry divided over trials
Vendors argue it’s too late for trials, telcos say India specific use cases are necessary. 5G tials in India were first scheduled for Janua...
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Tuesday, December 31, 2019
Extend deadline for inter-creditor pacts: Banks to RBI
Banks are willing to make the additional 20% provision that breaching the deadline entails but want the window of resolution open until the ...
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Banks continue to remain wary of lending to NBFCs
Banks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As per...
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Monday, December 30, 2019
Oil ministry wants cut in GST on CNG vehicles to 5%
This could mean more than 20% reduction in prices of CNG vehicles. The ministry is seeking support from the finance ministry to cut GST rate...
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Car companies to soon take BS-IV vehicles off the production line
While the cos scale up production of BS-VI vehicles, even as oil marketing companies make fuel compliant with the new regulations available ...
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As moratorium ends, NPAs may rise in January
With the moratorium period of some facilities gradually coming to an end, it is expected that the asset quality may come under pressure. The...
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Stakeholders believe, MDR waiver may hurt digital India
Finance Minister Nirmala Sitharaman on Saturday said that the zero MDR regime would kick in once the Department of Revenue issued a gazette ...
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Clear green energy dues, High Court to Andhra Pradesh discoms
The discoms said in a fresh affidavit dated December 20 that they are securing loans from the Indian Renewable Energy Development Agency. ...
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Sunday, December 29, 2019
Life Insurance Corp of India raises 2018-19 provisioning by 30%
Move after review of asset quality and performance of investments in real estate, loans and other assets. The country’s biggest life insurer...
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Telecom companies won’t get input tax credit refund: Sushil Modi
Demand for Rs 36,000 crore relief not considered, says convener of the GoM on Integrated GST. Telecom service providers have been urging the...
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Thursday, December 26, 2019
Why is it hard for hotels to trust Oyo?
Go-MMT and Oyo are facing an investigation by the competition watchdog on a complaint by the Federation of Hotel and Restaurant Associations...
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