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FE Bureau

Kotak Securities sees Nifty at 13,500 in CY2021

The brokerage explained that the first quarter of 2021 ahead of the Union Budget is poised to see strong foreign…

By FE Bureau
December 17, 2020 02:45 IST
The move could significantly impact Chinese telecom equipment makers like Huawei and ZTE.
Chinese telecom gears to face fresh curbs

The Cabinet Committee on Security (CCS) approved the creation of the national security directive, which the government said is an…

By FE Bureau
December 17, 2020 02:30 IST
At present, there are 45 mutual funds in India having an average asset under management of Rs 27.60 lakh for the July-September quarter.
SEBI allows fintechs to apply for mutual fund licenses

Sebi, in its release, said that to facilitate innovation and enhanced reach to more investors at a faster pace, including…

By FE Bureau
December 17, 2020 02:15 IST
ArcelorMittal-Nippon Steel JV firm to add more auto, other high-value products

Over the last year I have become even more convinced about the potential,” AM/NS India chairman Aditya Mittal said in…

By FE Bureau
December 17, 2020 02:00 IST
Videocon’s creditors give nod to Vedanta’s resolution plan

“The CoC has approved the resolution plan submitted by Twin Star Technologies with 95.09% voting share under Section 30(4) of…

By FE Bureau
December 17, 2020 01:45 IST
Cane arrears carried forward from the last marketing year stood at a record Rs 3,500 crore. The Cabinet decision also coincides with the agitation led by farmers in the national Capital against three farm Bills of the Centre.
Cabinet approves Rs 3,500-cr aid for sugar exports in 2020-21

This subsidy amount, however, will be directly credited into the accounts of cane farmers against outstanding dues of mills. It…

By FE Bureau
December 17, 2020 01:00 IST
The larger allocations under the scheme were earmarked for Assam (Rs 1,473.8 crore), Tripura (Rs 1,372.2 crore), Meghalaya (Rs 776.9 crore) and Nagaland (Rs 729.4 crore).
Cabinet approves Rs 1,700 crore more for northeast power project

The project was sanctioned by the government in December, 2014, with the initial cost estimate of Rs 5,111.3 crore, and…

By FE Bureau
December 17, 2020 00:15 IST
Daimler ties up with 18 banks, NBFCs to provide finance for BharatBenz

As part of the MoUs, banks will evaluate the financial needs of the buyer and develop appropriate financing packages. Daimler’s…

By FE Bureau
December 16, 2020 08:40 IST
We are observing the movement of MDR to zero or near-zero levels. The materiality of that is getting reduced as there are a host of other payment options.
Axis Bank says reports on Srei exposure ‘grossly inaccurate’

Private sector lender Axis Bank on Tuesday said the report, issued by an Australia-based news platform, which alleged that the…

By FE Bureau
December 16, 2020 08:19 IST
Steadview makes secondary investment in Delhivery

“Steadview is a long-term investor and we see them playing a key role as Delhivery heads towards the public markets…

By FE Bureau
Updated: December 16, 2020 08:13 IST
NBFC, non banking finance, dividend, CRAR, NPA
Pre-Budget meeting: NBFCs seek easier credit flow, TLTRO benefits

Govt, regulators agree to keep vigil on financial conditions

By FE Bureau
December 16, 2020 08:00 IST
The BPCLstock closed at Rs 398.7 on the BSE on Tuesday, falling 1.74% over Monday's closing.
BPCL to consider 100% ownership of Bina refinery

BPCL already owns the majority 63.4% stake in BORL. Sector experts believe the acquisition of the remaining stake will smoothen…

By FE Bureau
December 16, 2020 07:30 IST
Agreeing with him, Zuckerberg said that a lot of Indian entrepreneurs need digital tools that they can rely on to find and communicate with customers and grow their businesses
Jio-Facebook to make India a premier digital society: Ambani

Zuckerberg says lot of Indian entrepreneurs need digital tools which the new platform would provide

By FE Bureau
December 16, 2020 07:15 IST
Recently, the government received expression of interest from potential buyers for its 52.98% stake in BPCL and 100% in Air India.
Budget for FY22 to be vibrant: Finance minister Nirmala Sitharaman

Public capital expenditure will be stepped up and the disinvestment programme will “gain momentum” from now on, she stressed. Emphasis…

By FE Bureau
December 16, 2020 06:45 IST
Demonstrating CII’s strong conviction that the measures will enhance farmer incomes, it is piloting a capacity building and procurement facilitation programme covering 50 FPOs across 9 crop value-chains
Fresh laws herald new era in farm marketing: CII

“The reforms will create the right enabling environment for market and investment led agricultural growth, and increased income generation opportunities…

By FE Bureau
December 16, 2020 04:40 IST
In a recent report, ICICI Securities said cement’s industry average operating margin grew 25% Y-o-Y in FY’20 and further rose 20% Y-o-Y to over Rs 1,250/tonne in the first half of the current fiscal.
MSMEs likely to create five crore new jobs in next five years: Gadkari

The minister said he envisions the MSME sector to contribute 40% to the country’s gross domestic product (GDP) from around…

By FE Bureau
December 16, 2020 04:20 IST
Besides liquidity, the rolling out of Covid-19 vaccines is also expected to play a vital role in the market rally in 2021.
Equities end on flat note, Sensex rises 9.71 points

The Asian markets remained under pressure with bourses in countries such as South Korea, Hong Kong and Taiwan declining between…

By FE Bureau
December 16, 2020 04:00 IST
With that kind of savings, the growth trajectory we have chalked out for ourselves may not be easy to accomplish,” Khara said.
Co-lending in SME sector helps banks check risk: SBI

Khara also observed that money from the domestic market and household savings was not sufficient to fund India’s infrastructure growth…

By FE Bureau
December 16, 2020 03:00 IST
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Latest News

Gold surges 2%, silver rallies 4% as crude slides 5% on US-Iran peace deal

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The bulk of the contract, $2.91 million ( approximately Rs 27.68 crore), is for the supply of NVME drives to Ceinsys Tech.

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How Gnani.ai bet on voice AI long before Gen-AI became cool

Indian Railways, Railways, Special Train, Chennai, Tamil Nadu

Chennai-Tamil Nadu special trains to ease rush en route Tambaram-Bodinayakkanur – Schedule and stoppages inside

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