FE Bureau

Agri-rural issues top agenda for NITI Governing Council meeting

The meeting, to be held at Rashtrapati Bhavan, would also be attended by lieutenant governors of Union territories, several Union ministers and senior government officials. This will be the first governing council meeting und

The meeting, which is to be held on June 15, would deliberate on measures to address pressing issues such as drought situation, rain-water harvesting and structural reforms in agriculture News

Major hurdle in flexible power generation scheme rollout removed

The power ministry, in April 2018, had allowed thermal power generation companies (gencos) the flexibility of using renewable energy sources to meet their contractual generation obligations.

Power procured through the scheme would now qualify for meeting renewable purchase obligations News

Bajaj-Uber announce partnership to launch quadricycle service

The Bajaj Qute is a driver-plus-three-passenger quadricycle, which is a four-wheeled motor vehicle that’s smaller and lighter than a passenger car.

This is Uber’s second such partnership, having recently collaborated with Yulu in Bengaluru to offer e-bikes News

Facebook makes its first investment in India-based start-up

Social commerce start-up Meesho connects buyers and sellers on social media platforms.

Facebook makes its first investment in India-based start-up News

After Hours: How Max Life Insurance’s Aalok Bhan unwinds after hectic work hours

Being in the life insurance industry, I get to deal with real problems that customers face. This encourages me to find solutions to serve them better while feeling a sense of satisfaction, said Aalok Bhan, Director & Chief Ma

Aalok Bhan, Director & Chief Marketing Officer, Max Life Insurance News

Learning the basics of forex trading

You need to invest through a Sebi authorised broker to ensure that your forex trading actions are legal

Currency pairs, such as US Dollar and INR, UK Pounds and INR or Euro and INR are the type of Forex trades allowed. News

Centre to soon decide on Huawei participation on 5G rollout

The source further said a decision has to be taken in India’s interests keeping in view the country’s capabilities, commercial and strategic requirements.

The trials for 5G are set to commence by the end of this month News

Highway construction: Steady pace, but private investments still elusive

Though the PPP segment has faltered and reliance on state-funded projects risen, highway construction has steadily grown under NDA.

Highway construction: Steady pace, but private investments still elusive (Representational image) News

‘Surplus’ Capital: Jalan panel yet to iron out differences, to meet again

The ECF panel was mandated to submit its report to the RBI within 90 days of its first meeting which took place on January 8.

Finance minister Nirmala Sitharaman will present the Budget 2019-20 in Parliament on July 5. News

Toreto Trilogy: A great choice for people on the move

Trilogy is a smart and stylish power bank with in-built charging cables

Trilogy comes with a Lithium Polymer Battery and is available in black and white colour. News

ZOHO offers SMEs free GST software – here’s what special in it

The offering is free for firms with an annual turnover of less than Rs 1.5 crore

Sridhar Vembu, CEO, Zoho Corp News

Mindtree stake: L&T’s open offer gets ‘fair and reasonable’ certificate

IT firm’s committee of independent directors advises shareholders to take an informed decision

Mindtree stake: L&T's open offer gets 'fair and reasonable' certificate News

Jet Airways likely to lose Boeing 777 fleet as US lender bank approaches DGCA

Jet possessed 10 B777-300 ER aircraft, which were funded by the Washington-based bank in 2005-06

Jet Airways likely to lose Boeing 777 fleet as US lender bank approaches DGCA News

Vrooming ahead: Honda Motorcycle to reconsider fresh investment in India

Amid falling two-wheeler demand and stringent government regulations, Honda Motorcycle and Scooter India (HMSI) is reconsidering any fresh investments to increase production capacity and launch electric vehicles in India.

Bollywood actors Akshay Kumar and Taapsee Pannu with HMSI managing officer, motorcycle operations, Noriaki Abe (centre) at the launch of Honda BS-VI Activa 125cc in Gurugram on Wednesday (Image—PTI) News

Will Rana Kapoor return at the helm? Yes Bank evades queries

The Yes Bank management is understood to have sidestepped shareholder queries with respect to former chief Rana Kapoor's reported bid to re-enter the bank through the board at its 15th annual general meeting here.

Yes Bank evades queries on Rana Kapoor return News

DHFL pays Rs 5.88 crore interest on NCDs

Dewan Housing Finance (DHFL) on Wednesday said it has paid around Rs 5.88 crore towards interest payable on non-convertible debentures (NCDs).

On Tuesday, DHFL had paid Rs 961.95 crore towards interest payable on secured redeemable non-convertible debentures (NCDs). News

Corporate bonds issuance via private placement see 4-fold rise

The key factor aided the fall in corporate bond yields in May was increased buying by domestic and foreign investors on improved market sentiments post the election results, which brought down yields in the secondary market.

Corporate bond yields witnessed a sharp fall across different maturities in May. News

Cyclone Vayu: Gujarat ports directed to suspend operations

The state government has also decided to stop state bus services towards coastal towns in Saurashtra-Kutch region till Friday evening.

The Somnath beach has been shut for visitors for three days (Image: javed raja) News

Resignations by auditors of listed corporates continue unabated, 14 firms quit so far in 2019

Resignations by auditors of listed corporates continue unabated with as many as 14 firms losing their auditors so far in 2019 for reasons varying from lack of corporate governance in the firms to the auditor's pre-occupations

On resigning, the auditor is required to file a return in e-form ‘ADT-3’ with the RoC concerned and is required to furnish the reasons for the resignation. (Representational image) News

Arvind Subramanian’s GDP claims: PMEAC to issue point-to-point rebuttal

The council not just questioned the methodology used by Subramanian to buttress his claim but also rejected the notion that views of experts were not taken into account while changing the methodology for the GDP computation.

But using ‘cross-country regressions to estimate GDP is a most unusual exercise News

Crackdown on illegal signal boosters, DoPT raids several locations in raided in Delhi-NCR

The Department of Telecommunications (DoT) has cracked down on illegal signal boosters installed by individuals by raiding various localities in Delhi and NCR.

DoT cracks down on illegal signal boosters (Representative image) News

Cyclone Vayu mars monsoon progress, sparks concerns over kharif crop

The states have been asked to adhere to the local contingency plans (made for 648 districts separately) which prescribe what crops, which varieties are to be sown in a particular period, the official added.

Rain lashes in Gujarat Valsad ahead of Cyclone Vayu (ANI Photo) News

Cheers! Good news for beer lovers in Noida, Uttar Pradesh

The move, while giving a boost to tourism, will also increase the excise revenues of the state as the licence fee for setting up such breweries has been hiked.

UP will now have micro-breweries on the lines of Maharashtra, Karnataka, Haryana and Delhi News

Jet Airways pilots planning to move NCLT demanding dues as hopes for revival dim

Jet Airways has not paid salaries to its pilots since January. The National Aviators Guild, one of Jet’s pilots’ unions, has engaged a legal representative and may approach the tribunal soon, a person involved in the proc

The grounded carrier reportedly owes over Rs 8,000 crore to lenders. News

DHFL pays Rs 963 crore interest on NCDs after rating drop

According to a filing on the exchanges, the mortgage firm said the payments had been made within the cure period of seven working days.

Market participants say that, on June 4, 2019, DHFL had interest and principal payments due to the tune of approximately Rs 1,100 crore to industry players News

Anil Ambani says Reliance-ADAG has serviced debt over Rs 35,000 crore

Ambani said over the past 12 months, retail shareholding across all companies remained uneroded and consistent, cementing his belief of the strong support and good wishes of all shareholders for the Reliance Group.

Anil Ambani says Reliance-ADAG has serviced debt over Rs 35,000 crore News

Future of transport! IIT-Madras students to present Hyperloop concept to Elon Musk

Avishkar Hyperloop is a team of engineers and designers who have been shortlisted for the final round of the SpaceX Hyperloop Pod competition 2019 to be held in Los Angeles, California in July 2019.

SpaceX founder Elon Musk (Reuters file photo) News
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