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    1. Business News
    2. Authors
    3. fe bureau

    FE Bureau

    Over Rs 57,000 crore of this amount would be resolved through multiple resolution modes.
    Uday Kotak-led IL&FS on the road to recovery, hopes to resolve Rs 57,000 crore of debt this fiscal

    The IL&FS board, led by Uday Kotak, on Monday revised the quantum of debt it expects to resolve to Rs…

    By FE Bureau
    Updated: July 21, 2020 08:33 IST
    The court made it clear that it will only deal with the limited issue of timelines for payment.
    AGR dues: Airtel, Vodafone-Idea seek 15 years to pay up; Supreme Court reserves order

    The SC also expressed doubts over Vodafone Idea’s capacity to clear the dues, repeatedly asking how it would secure the…

    By FE Bureau
    July 21, 2020 07:20 IST
    AGR dues: Who pays for RCom, Aircel and Videocon? Supreme Court to examine

    The three firms, which filed for bankruptcy, together owe around Rs 40,000 crore of the total Rs 1.67 lakh crore…

    By FE Bureau
    July 21, 2020 07:10 IST
    ‘Made in India’ products across categories like health and hygiene, nutritional supplements and home essentials witnessed a steep demand in markets like the US, Canada, Europe, Mexico, Japan and Australia, Amazon said.
    How Amazon’s Global Selling Programme is helping Indian MSMEs

    Indian exporters saw a 76% and 55% year-on-year increase in total units sold during the 2019 Black Friday and Cyber…

    By FE Bureau
    July 21, 2020 05:55 IST
    It said the drugs will be available to the patient or patients representative following furnishing residence proof.
    Covid drug: Mylan launches Remdesivir’s generic version in India for coronavirus patients

    The drug is approved for the treatment of suspected or laboratory confirmed incidences of Covid-19 in adults and children hospitalised…

    By FE Bureau
    July 21, 2020 05:45 IST
    AQRR, IL&FS case, NFRA, audit report, BSR, IL&FS audit, IL&FS crisis, NBFC
    IL&FS power arm’s Rs 5,500 crore debt to be restructured by Sept-end

    “We have written to the ministry of power who have approached the Central Cabinet for approval of the PFC and…

    By FE Bureau
    July 21, 2020 04:50 IST
    As a result, they are taking the asset sale route wherever possible.
    SBI puts up Rs 366 crore loans for sale to ARCs in tough year for recoveries

    The Rs 80-crore loan to Chandigarh-based Venus Remedies is being offered at a reserve price of Rs 56.37 crore, which…

    By FE Bureau
    July 21, 2020 03:50 IST
    Renewals have likely increased from trough levels observed in April 2020 as traffic volumes gradually increase and overall cash flows improve.
    General insurers see premiums revival in June

    Among key players, SBI General Insurance reported strong growth across most segments while ICICI Lombard revived partially, led by motor…

    By FE Bureau
    July 21, 2020 03:00 IST
    The provisions in the June quarter saw 49% y-o-y drop to Rs 80 crore.
    SBI Cards net up 13.6% due to healthy interest income, improvement in asset quality

    The credit card company, promoted by the country’s largest lender State Bank of India (SBI), saw a sharp decline in…

    By FE Bureau
    July 21, 2020 02:30 IST
    The 30-share index Sensex was up by 398.85 points or 1.08% to close at 37,418.99.
    Sensex rises 399 points, Nifty tops 11,000 mark — Markets gain despite the muted global cues

    According to him, on the fundamental side, current account surplus could be considered as a positive which also might be…

    By FE Bureau
    July 21, 2020 02:00 IST
    Maharashtra has about 46 lakh milk producing farmers and milk dairies.
    Falling milk prices: Maharashtra govt to meet farmers, dairies today to resolve issue

    As a result of falling demand, milk farmers are being forced to sell their produce at Rs 16-17 per litre…

    By FE Bureau
    July 21, 2020 00:30 IST
    Despite port container volumes rising sequentially in June, the EXIM rail container traffic was down 10% m-o-m.
    Roads reclaiming freight share from Indian Railways

    E-Way bill generation was down only ~13% YoY and at ~76% of pre-Covid 19 levels in June.

    By FE Bureau
    July 20, 2020 12:35 IST
    Govt’s tough on Chinese handset makers, but might consider them for a Rs 41,000 cr production scheme

    The border stand-off with China and the government’s hard stance towards Chinese companies operating in the domestic space, has put…

    By FE Bureau
    Updated: July 20, 2020 08:54 IST
    Classplus, Magic Bus to teach the underprivileged

    “The app is set to benefit over 2,000 youngsters across 22 states in locations as remote as Kurnool in Hyderabad,…

    By FE Bureau
    Updated: July 20, 2020 01:47 IST
    Ashok Leyland’s arm Optare appoints Andrew Palmer as Non-Executive Chairman

    Andrew Palmer replaces John Fickling, who is stepping down as chairman after over a decade of association with Optare, due…

    By FE Bureau
    July 19, 2020 10:06 IST
    How Google stands to gain from Reliance Jio

    The gain for Jio is that once the affordable smartphone is ready and commercially launched, the low-paying JioPhone users can…

    By FE Bureau
    July 19, 2020 08:00 IST
    AGR dues: Vodafone Idea pays Rs 1,000 crore more, total payment so far Rs 7,854 crore

    Stating that there has to be provision for down payment to avail of staggered payments, the court had observed that…

    By FE Bureau
    July 19, 2020 07:30 IST
    HDFC Bank net rises 19.6% year-on-year on back of higher income

    HDFC Bank’s total capital adequacy ratio (CAR) as per Basel III guidelines was at 18.9% as on June 30, 2020,…

    By FE Bureau
    July 19, 2020 07:15 IST
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    Latest News

    The government on Wednesday announced a 6.59 per cent increase in the minimum support price (MSP) for wheat

    Boost to farmers- Cabinet hikes MSP for 6 Rabi crops; minimum support price for wheat increased by 6.5% 

    There are compliance headaches, too. In BFSI, gamified reward programs require watertight T&Cs, GST-compliant reward issuance, and fraud checks. (AI Image: ChatGPT)

    Gamified ads promise higher ROI, but can they outlast the festive rush?

    Gross GST collection rose 9.1%

    India’s gross GST collection rose 9.1% to Rs 1.89 lakh crore in September

    Top 10 most watched Indian movies in South India include this Rajinikanth's blockbuster

    Top 10 most watched Indian movies in South India include this Rajinikanth’s blockbuster

    Meet Perplexity CEO Aravind Srinivas: Indian-origin tech leader who left Google to become ChatGPT’s biggest threat joins Hurun India rich list

    Meet Perplexity CEO Aravind Srinivas: Indian-origin tech leader who left Google to become ChatGPT’s biggest threat joins Hurun India rich list

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