Reliance Industries Limited financial results December 2019: The scrip of the country's most valued firm jumped 2.79 per cent to close at Rs 1,580.65 on the BSE. During the day, it climbed 3 per cent to Rs 1,584.80.
The world's second-largest economy grew by 6.1 per cent in 2019, its slowest expansion in 29 years, government data showed on Friday.
The Supreme Court had on October 24 ruled that the statutory dues need to be calculated by including non-telecom revenues in what is known as adjusted gross revenues (AGR) of telcos.
The comments come amid a slide in growth to a decadal low of 5 per cent expected for current fiscal, and also years after the Narendra Modi government made ease of doing business as its priority
"The great makers of our Constitution clearly intended that the integrity of the Constitution should be preserved against any hasty or ill-conceived changes," Parekh said.
Mallya bought ‘Le Grand Jardin’ through his company Gizmo Invest SA in 2008 using a 27-million euro ($30 million) loan facility from Ansbacher & Co., a unit of Qatar National Bank SAQ. Gizmo has since defaulted on the loan
Following the judgment, the DoT had written to GAIL and Power Grid, asking them to pay AGR fees of Rs 1.72 lakh crore and Rs 1.25 lakh crore, respectively. GAIL, Power Grid and other companies have denied that they owe any money to the DoT, and said they have paid all dues.
The income from the fund is utilised for programmes and activities relating to consumer education and protection. As things stand today, any excess charges revealed in the billing audit should be refunded to consumers.
Rules that the persons can’t be held responsible for misconduct in this issue of co-location case
Abbott’s Udiliv, Mankind’s Ferikind-M and Torrent’s Lorvas among flagged.
RBI has also asked providers to alert or send information to customers through SMS or e-mail whenever there is any change in the status of the card.
The top court had in March last year suspended the EC granted for the greenfield airport and had directed the Expert Appraisal Committee (EAC) to revisit the decision in light of its impact on the ecology there.
Amazon CEO Jeff Bezos had said Wednesday that the firm would invest $1 billion into India to “digitise” micro, small and medium enterprises.
In the main market, there were four IPOs in Q4 2019 against two and six in Q4 2018 and Q3 2019, respectively, EY said in its report.
Stating that the house is "overweight" on India, BNP Paribas' head of India equity research Abhiram Eleswarapu said, "market is not about the economy, but only about the top 50 companies."
In its Budget proposals to the Finance Ministry, the industry body has also demanded that the government recognise mutual funds (MFs) as specified long-term assets, qualifying for Long-Term Capital Gains (LTCG), as well as bring ULIPs of life insurance companies and equity MF schemes on par.
Besides, the regulator has suggested that Investment Advisers (IA) should not come out with any investment advice suggesting assured returns to clients in the investment advisory document.
The Cabinet Committee on Economic Affairs had on November 21, 2019, decided to sell government's entire 53.29 per cent stake in country's second-largest state refiner BPCL, but a tender for sale hasn't yet been issued.
India's total vegetable oil imports declined to 11.28 lakh tonne in December 2019, compared to 12.11 lakh tonne in the year-ago period, industry body Solvent Extractors Association (SEA) said.
GMR Infra said that it has agreed to divest 49 per cent in GMR Airports Limited, up from previously agreed 44.44 per cent, to TRIL Urban Transport Private Limited (part of TATA Group), an affiliate of GIC and SSG Capital Management.