Reliance Jio secures $1 billion Korea Insurance term loan to fund LTE network expansion

Reliance Jio secures $1 billion Korea Insurance term loan to fund LTE network expansion

Reliance Jio Infocomm has secured a $1 billion term loan to fund its LTE network equipment purchase from Samsung Electronics and Ace Technologies for a period of up to nearly 11 years.

Rahul Bajaj's 2 reasons for GDP growth slowdown: Insufficient investments, 'terrible state' of banks
Rahul Bajaj's 2 reasons for GDP growth slowdown: Insufficient investments, 'terrible state' of banks

Indian banks are unlikely to see a quick resolution to their 'terrible state' of being saddled by a huge overhang of NPAs despite the new bankruptcy process in the country, according to Bajaj Auto Chairman Rahul Bajaj.

Another e-commerce startup becomes unicorn: Policybazaar raises over $200 million, plans IPO, says report
Another e-commerce startup becomes unicorn: Policybazaar raises over $200 million, plans IPO, says report

The homegrown online insurance aggregator Policybazaar has raised over $200 million in a fresh investment round led by Softbank Vision Fund.

Rythu Bandhu scheme: Telangana's answer to end farm woes, boost economy - all you need to know
Rythu Bandhu scheme: Telangana's answer to end farm woes, boost economy - all you need to know

Rythu Bandhu scheme: Within six weeks, the government of Telangana has distributed Rs 5000 to over 47.5 lakh land-holding farmers of the state.

Startups will be listed on India's stock market very soon! BSE to launch new platform next month
Startups will be listed on India's stock market very soon! BSE to launch new platform next month

To make stock market listing attractive for startups, leading stock exchange BSE has decided to launch a new platform next month to list the new-age companies.

Big boost for Indian students as Canada relaxes visa procedures; here are key details
Big boost for Indian students as Canada relaxes visa procedures; here are key details

Students from India and three other countries will get faster visas to study in Canada as it has introduced major changes in visa procedures to reduce the processing time, according to Canadian immigration authority.

Why investing in corporate bonds in India may be bad news, McKinsey explains
Why investing in corporate bonds in India may be bad news, McKinsey explains

With interest rates on bank deposits not lucrative enough, while you may be mulling to invest in corporate bonds, a latest McKinsey report says that nearly 25% of the corporate bonds are at a high risk of default.

AUTOMOBILES

Buy your next car before 2020 or be ready to pay more
Buy your next car before 2020 or be ready to pay more

Carmakers including the likes of Maruti Suzuki Hyundai Motor India, Tata Motors and Mahindra has confirmed the timely rollout of BSVI fuel compliant cars and SUVs and two-wheeler manufacturers will also be ready with its BSVI fleet ahead of the April 2020 deadline. Expect no big discounts this time around.

TRAVEL

CSIA Mumbai again achieves ACI’s Level 3+ Neutrality
CSIA Mumbai again achieves ACI’s Level 3+ Neutrality

GVK Mumbai International Airport (MIAL), the company that administers the Chhatrapati Shivaji International Airport (CSIA) has become the only airport in the country to achieve a three-year extension of ACI’s Airport Carbon Accreditation (ACA) 'Level 3+ Neutrality' certification

Horoscope: By Peter Vidal

Today ( 25 Jun )This Week ( 24 Jun - 30 Jun )

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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