Business

Industry body Cellular Operators' Association of India (COAI) said the Supreme Court ruling on the telecom sector revenue definition will deal a "disastrous blow" to the industry.

Bharti Airtel owes Rs 21,682.13 crore, Vodafone Idea owes Rs 19,823.71 crore while Reliance Communications owes a total of Rs 16,456.47 crore, according to DoT.

India was ranked 142nd among 190 nations when Prime Minister Narendra Modi took office in 2014. Four years of reform pushed up India's rank to 100th in World Bank's 'Doing Business' 2018 report.

‘Failure of any large NBFC or HFC may deliver solvency shock to lenders’

MTNL provides telephony services in Delhi and Mumbai, while BSNL is present across the rest of the circles in the country.

Indian drug authorities are reportedly undertaking a review of ranitidine in the wake of the US FDA move.

Preliminary enquiries revealed the quantum of accommodation entries and hawala transactions to be more than Rs 1,000 crore and the department suspects tax evasion and money laundering by the accused, it said.

The ED has claimed a deal was struck between Mirchi and Sunblink Real Estate in 2010 for the sale of three properties in Worli.

According to a stress test conducted by rating agency, the credit profiles of state-run banks would come under significant pressure, and the weakest would face heightened solvency risks without capital injections from the government.

The Centre said the move will lead to healthy competition as more private players, including foreign players, are expected to invest in retail fuel marketing and also bring in foreign capital.

Further, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, also gave nod to a hike in the MSPs of barley and rapeseed and mustard for Rabi Market Season (RMS) 2020-21.

Will take a decision on the basis of the findings of KPMG report, firm says

According to Infosys chairman Nandan Nilekani’s statement, one board member received two anonymous complaints on September 30.

Additionally, the court has found merit in arguments that Boehringer had caused a Kolkata-based neurologist to file a public interest litigation (PIL) raising safety issues with the approval before the German firm went to court

The announcement comes at a time when MTNL and BSNL have been posting successive loses in recent financial years amid stiff competition from private players. 

Meanwhile, the Indian rupee appreciated marginally to 70.92 against the US dollar intra-day.

McDonalds has digital boards programmed to market that food more strategically, taking into account such factors as the time of day, the weather, the popularity of certain menu items and the length of the wait.

The operating profit of the bank stood at Rs 751.78 crore, while its cost of deposit for the present quarter decreased to 4.91 per cent as against 5.03 per cent for the same quarter of

Credited with creating the popular Nike Air sneakers as well as other pioneering products, Parker, in the past few years, oversaw Nike's shift to selling directly to customers online and its success in international markets,

The bailout comes as SoftBank Chief Executive Masayoshi Son is seeking to convince investors to participate in the Japanese company's second mammoth Vision Fund, for which he is seeking to raise $108 billion.

With no major economic data scheduled in Asia on Wednesday, traders will be left to ponder whether Britain will hold a general election to break the impasse.

Kevin McAllister, head of Boeing commercial airplanes, is departing as the company struggles to cope with the grounding of the Max.

Sources told The Indian Express that in 2010, Sur Buildcon Pvt Ltd (now Globus Realinfra Pvt Ltd) issued a draft of about Rs 19 crore in favour of Junaid Iqbal Memon, which was later cancelled.

The audit committee at Infosys has assigned the investigation of the “generalised allegations’’ of wrongdoing by the top management to the law firm Shardul Amarchand Mangaldas & Co.

Gross non-performing assets (NPAs) increased 15 bps sequentially to 2.17 per cent, while net NPAs inched up 11 bps to 0.82 per cent. Provisions increased 35 per cent sequentially to Rs 473.10 crore in Q2FY20.