Old private-sector banks’ provisions see sharp rise in September quarter

Old private-sector banks’ provisions see sharp rise in September quarter

Asset quality of old private-sector banks worsened in the September quarter of FY18 along with a sharp rise in provisions.

As housing sector suffers, real estate firms change conditions of land agreements
As housing sector suffers, real estate firms change conditions of land agreements

Real estate companies are changing conditions of land agreements as the housing sector plunges into a prolonged sluggishness.

China’s Meituan Dianping : This little-known startup just hit a valuation of $30 billion
China’s Meituan Dianping : This little-known startup just hit a valuation of $30 billion

China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30 billion valuation that puts it ahead of high-fliers like Airbnb Inc. and Space X.

Government mulls proposal to allow telecom firms to share network infrastructure
Government mulls proposal to allow telecom firms to share network infrastructure

Telecom Commission has approved the Trai recommendations for sharing of in-building infrastructure by operators.

When it comes to car sales, old is no longer gold, new is in anew
When it comes to car sales, old is no longer gold, new is in anew

Almost three months after the roll-out of the goods and services tax (GST), the new car market may have recovered volumes both on the wholesale and retail ends but volumes in the used-car market — especially from organised retailers — have decreased substantially due to the significant rise is taxes.

Match Brexit promises with real proposals, EU leaders tell Theresa May
Match Brexit promises with real proposals, EU leaders tell Theresa May

European Union leaders told British Prime Minister Theresa May to match her goodwill pledges to boost Brexit negotiations with concrete proposals if she really wants to start discussing a future trade deal by December.

A third of debutants trade below their issue price
A third of debutants trade below their issue price

With the markets on a roll — the benchmark Nifty hit yet another high on Tuesday — more companies are making their debuts on the bourses, making 2007 set for a record as far as initial public offerings go.

Horoscope: By Peter Vidal

Today ( 20 Oct )This Week ( 15 Oct - 21 Oct )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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