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    1. Business News
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    3. fe bureau

    FE Bureau

    Amazon has been using the 2019 deal with FCPL to block Future’s deal with Reliance.
    Dispute with Future Group: Amazon moves NCLAT, SC

    The US e-commerce giant dragged Future Group to arbitration at the Singapore International Arbitration Centre (SIAC) in October 2020, arguing…

    By FE Bureau
    January 10, 2022 05:30 IST
    That said, the quality of balance sheets should improve for most firms as the de-leveraging continues and given India Inc staged a strong recovery in FY21, post the outbreak of the Covid-19 pandemic, and built on that in H1FY22.
    Q3FY22 Earnings: Results strong but masks many weak pockets

    A fairly large number of companies —30% — could report a year-on-year fall in profits. At the same time, close…

    By FE Bureau
    January 10, 2022 05:15 IST
    Investors in the fund include several family offices such as Catamaran, the family office of Infosys co-founder NR Narayana Murthy, and Skywalker, the family office of the Rubamin group.
    Notice from BharatPe co-founder: KMB says will take legal action

    In a late release, the private sector lender said: “This is with reference to media queries regarding the legal notice…

    By FE Bureau
    January 10, 2022 04:00 IST
    Various predictive scenarios of peak cases were also presented to the PM.
    PM to convene meeting of CMs to discuss pandemic situation

    Intensive containment and active surveillance should continue in clusters reporting higher cases and required technical support be provided to states…

    By FE Bureau
    January 10, 2022 03:45 IST
    Among the states reviewed, capex by Uttar Pradesh was Rs 33,457 crore in April-November of FY22, a surge of 267% on-year. Madhya Pradesh’s capex stood at Rs 23,731 crore (up 69%), Tamil Nadu’s at Rs 20,577 crore (59%) and Karnataka’s at Rs 17,883 crore (10%).
    States’ capex pace strong till Nov; may slow in Q4

    These 18 states reported a 30% on-year jump in their combined tax receipts to Rs 10.69 lakh crore (as against…

    By FE Bureau
    January 10, 2022 03:30 IST
    The Railway Board is trying to eliminate an intermediate layer so that it can get the best possible price for works and create greater transparency in project allocation.
    Railway projects: New rules create level playing field

    The recent govt directive mandating open tendering of railway projects is likely to boost competitiveness and cut costs for transporter

    By FE Bureau
    January 10, 2022 03:15 IST
    Container volumes at 903k TEUs were down sequentially (-4.6% m-m), but up at a CAGR of 8.6% over Nov 2019 (on a weak Nov’19 base).
    Data monitor: Port volumes fell sequentially in November

    Iron ore and container volumes declined 8% m-m and 4.7% m-m respectively while coal volumes rose 13% m-m.

    By FE Bureau
    January 10, 2022 03:00 IST
    However, for external communication, services of a telecom operator would be needed.
    5G spectrum: Trai to take call on pvt networks

    Allocation to be decided by regulator for non-telco operators

    By FE Bureau
    January 9, 2022 06:30 IST
    Ravi Shastri was in conversation with Anant Goenka, Executive Director, The Indian Express Group; and Sriram Veera, Deputy Associate Editor, The Indian Express
    e.Adda: The last thing a coach wants is, he says something and player sulks like a cry-baby, says Ravi Shastri

    At the recent e.Adda, former Head Coach of Indian cricket team, Ravi Shastri spoke on the recent Virat Kohli-Sourav Ganguly…

    By FE Bureau
    January 9, 2022 05:30 IST
    Rajendran will continue to lead the Bank till March 31, 2022. CSB sources further said that the Board has decided to constitute a search committee to identify and evaluate candidates from internally or externally for the position of MD & CEO.
    CSB Bank MD & CEO to take early retirement

    His decision to move on from the post of MD & CEO has been approved by the board of directors…

    By FE Bureau
    January 9, 2022 04:00 IST
    Q3: Kalyan Jewellers’ India ops revenue up over 15%

    It added that consolidated revenue growth for the recently concluded quarter was approximately 17% and that it has witnessed strong…

    By FE Bureau
    January 8, 2022 08:25 IST
    Oil prices were headed for their biggest weekly gains since mid-December as unrest in Kazakhstan and outages in Libya spurred concerns over supply. Brent crude climbed 70 cents, or 0.9%, to $82.69 a barrel during the day.
    Friday Trends: Bond yields remain high; Brent hovers near $83

    Helped by a weaker greenback against key rivals and positive domestic equities, the rupee managed to gain 8 paise to…

    By FE Bureau
    January 8, 2022 06:00 IST
    The daily case positivity ratio is on the rise and has gone up to 7.74% from 6.43% on Thursday and 5.3% on Wednesday. The recovery rate is currently at 97.57%.
    India’s daily Covid count crosses 1 lakh after 7 months

    On Friday, Maharashtra reported the highest number of Omicron cases with 876 infections followed by Delhi at 465 cases, Karnataka…

    By FE Bureau
    January 8, 2022 05:45 IST
    As per Sebi regulations, the maximum limit for a buyback should be 25% or less of the aggregate of paid-up capital and free reserves of the company.
    Cashing in: TCS to consider share buyback on January 12

    In 2017 and 2018 too, TCS had done a similar share buyback, making this one the fourth buyback by the…

    By FE Bureau
    January 8, 2022 05:30 IST
    Given the fresh curbs on mobility in the wake of the Omicron spread, PFCE will likely remain the biggest bump of the recovery path.
    Advance estimate: GDP likely to grow 9.2% in FY22

    Given the fresh curbs on mobility in the wake of the Omicron spread, PFCE will likely remain the biggest bump…

    By FE Bureau
    January 8, 2022 04:15 IST
    The DoT had issued a notification to telecom operators on October 14, seeking to know their options around moratorium and equity conversion.
    Telecom Package: Bharti not to avail option of converting interest on dues to equity

    “…We wish to inform you that the company has confirmed to DoT that it will not avail the option of…

    By FE Bureau
    January 8, 2022 04:15 IST
    The last date for receiving bids under the latest auction has been set as April 6.
    Govt seeks bids for five new CGD areas

    According to the public notice issued on Friday, two GAs are in Chhattisgarh, one each in West Bengal and Uttar…

    By FE Bureau
    January 8, 2022 04:00 IST
    Children under five years of age are exempted from both pre- and post-arrival testing. However, if found symptomatic for Covid-19 on arrival or during home quarantine period, they will have to undergo testing and treated as protocol.
    Covid-19: Home quarantine for international arrivals from January 11

    All travellers from countries at risk need to undertake testing on arrival and have been advised to pre-book the test…

    By FE Bureau
    January 8, 2022 03:30 IST
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