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FE Bureau

Currently, around 50,000 bales (170 kg per bale) are being processed at ginning mills across Gujarat.
Gujarat ginners back to work in full swing

Ahead of Diwali, fresh orders from spinners started pouring in. At the same time, fresh cotton started to arrive in…

By FE Bureau
November 27, 2020 04:30 IST
Punjab farmers have been demanding the repeal of the new farm laws. (ANI Image)
Farm Bills: Agitating farmers prevented from entering Delhi for two-day protest

Farmers crossed Shambhu border at Ambala and have crossed Kurukshetra, Pipli Mandi in tens of thousands and are marching towards…

By FE Bureau
November 27, 2020 04:00 IST
As per RBI’s extant guidelines, Basel III-compliant AT-1 and tier 2 instruments can absorb losses via conversion into common equity or a write-down.
LVB advised to write down Tier 2 bonds worth Rs 318 cr

“The RBI, vide their letter dated November 26 has advised the need to fully write-down the series VIII, series IX…

By FE Bureau
November 27, 2020 03:45 IST
SII was responding to global experts who were raising questions about the data presented by AstraZeneca regarding the 70% efficacy of the University of Oxford vaccine shots during trials.
Serum Institute says vaccine viable even at 60% to 70% efficacy

Doubts have been raised by these experts regarding the dosage, age profile of trial participants and the kind of data…

By FE Bureau
November 27, 2020 03:00 IST
On October 17, Kapil Wadhawan had offered his personal and family properties for repayment of outstanding loans of lenders to the company.
Kapil Wadhawan moves NCLT, seeks to defer consideration of DHFL bids

The promoters of DHFL were in discussion with lenders in 2019 to resolve the company as per June 7 circular…

By FE Bureau
November 27, 2020 02:45 IST
The company also has a significant presence in the farm inputs business through its subsidiary Coromandel International.
Maharashtra sugar mills owe Rs 351.5 cr in FRP dues to farmers

Of the 48 factories that have commenced crushing, 46 have made less than 59.99% payments to farmers. Mills owe Rs…

By FE Bureau
November 27, 2020 02:00 IST
Airtel
Bharti Airtel CEO Gopal Vittal reiterates call for affordable spectrum

Apart from improved access to digital infrastructure, there should be stable and long-term policies to encourage more investments with fewer…

By FE Bureau
November 27, 2020 01:15 IST
Adani Properties had submitted a total bid of Rs 33,110 crore. The fourth suitor, SC Lowy, has not submitted any fresh bid in the fourth round.
DHFL’s net loss narrows to Rs 2,123 crore in Q2

The Reserve Bank of India (RBI) had earlier granted six months moratorium to borrowers from March 1, 2020.

By FE Bureau
November 27, 2020 01:00 IST
TII had signed a share purchase agreement with CG Power on August 7 to acquire around 56% stake for investment of Rs 700 crore and later announced an additional investment of Rs 100 crore.
Tube Investments acquires CG Power; to raise Rs 350 cr from Azim Premji Trust, SBI Mutul Fund

TII, CG Power and its lenders have on November 20 executed binding agreements for one-time settlement, restructuring of funded facilities…

By FE Bureau
November 27, 2020 00:45 IST
OTT, Self-regulation
OTT industry to draft a tool kit to implement self-regulation code

Earlier this month, the government brought OTT platforms like Netflix, Amazon Prime Video, Disney+Hotstar under the Ministry of Information and…

By FE Bureau
November 26, 2020 08:18 IST
On Tuesday, the government placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.
Lakshmi Vilas Bank-DBS merger gets Cabinet nod, effective November 27

LVB branches will operate as those of DBS Bank India (DBIL) once the moratorium ends.

By FE Bureau
November 26, 2020 07:11 IST
To that end, the 2012 judgment of the Supreme Court, on an injunction plea arising out of Sahara vs Sebi, is quite instructive.
Amaravati land scam: Supreme Court stays Andhra HC order gagging media

The Supreme Court on Wednesday vacated the Andhra Pradesh High Court’s order that gagged media from reporting on a case…

By FE Bureau
November 26, 2020 06:26 IST
GST compensation: Bengal, Kerala too pick option mooted by Centre

The state governments of West Bengal and Kerala, which have been at loggerheads with the Centre over how to compensate…

By FE Bureau
November 26, 2020 06:16 IST
The joint collaboration has also been envisaged to bridge the differences between the industry and institutions and adoption of modern practices by the National Highway Authority of India (NHAI).
‘Revised HAM to boost investor confidence, catalyse stake sales’

Under HAM, the NHAI pays the developer the balance 60% of the project cost as annuity payments over the operations…

By FE Bureau
November 26, 2020 05:11 IST
Cashfree eyes 5 million daily transactions in 7 months

Online payments platform Cashfree is trying to scale up its business volumes to handle around five million transactions a day…

By FE Bureau
Updated: November 26, 2020 18:29 IST
Subsidised consumers of LPG with BPCL to be moved to IOC, HPCL

The transfer process will be completed in 3-5 years.

By FE Bureau
November 26, 2020 04:15 IST
Lenders give in-principle nod to Kesoram resolution plan

BK Birla Group flagship Kesoram Industries on Wednesday said its lenders have given their in-principle approval to a resolution plan…

By FE Bureau
November 26, 2020 04:00 IST
Money is flowing into quality companies with sound fundamentals uniformly, Jain added.
FPI buying in 2020 so far at $15 billion

Foreign portfolio investors have bought equities worth a record $8 billion in November so far encouraged by improving macro-economic data…

By FE Bureau
November 26, 2020 03:45 IST
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