Industry

Telecom troubles far from over even after AGR blow; telcos now face another Rs 22,000 crore loss

On July 4 on an appeal of Vodafone Idea, which merged in August 2018., the TDSAT had ruled in this matter that the DoT can only charge for administratively allocated spectrum to these firms beyond 6.2

Bharti Airtel, Vodafone Idea, Telecom, AGR, OTSC, Telecom sector, Telecom news, Telecom industry , Telecom news, Telecom talk, Telecom india, Bharti Airtel share, Bharti Airtel news, Bharti Airtel ltd, Vodafone Idea news, Vodafone Idea share price, Vodafone Idea limited News

Syska Mosguard LED review: This LED keeps mosquitoes away

The bulb’s PC protective cover shields the high voltage grid to protect you from accidentally touching the grid and getting an electrical shock.

Syska Mosguard, LED, review, mosquitoe, industry news, technology news, Mosguard LED, LED bulb, Syska group, Syska led, Syska led light, Syska smart bulb, Syska led price News

Philips Smart Wi-fi LED: Easy to use and affordable

Download the free WiZ app (iOS or Android), screw the Philips Smart Wi-Fi LED light bulb in any existing table lamp or wall fixture, and follow the step-by-step guide in the app to complete the setup.

Philips, Smart light, Wi fi light, LED light, industry news, technology news, Philips Smart, Philips HUE, Siri, Google Assistant, Amazon Alexa News

Digital transformation: Can’t sweat it? Don’t sweat it

In tougher times, we tend to draw out the inevitable: the car that is usually replaced every two-or-three years, is held onto for five, or more; the home repairs get pushed off because we can manage w

Digital transformation, Digital, industry news, technology news,  IT infrastructure, saarc News

Finding funds: What entrepreneurs got wrong about investors

Entrepreneurs are, more often than not, extremely passionate about their startups. However, investors take an entirely different approach when analysing startups.

fund, entrepreneur, investor, investment, sme, industry news, start up news, start up india News

Cardekho: A quick solution for buying or selling cars

CarDekho invests heavily in the digital infrastructure and for used cars, at outlets where cars can be evaluated and taken in or sold. Mehta says that the new car business is profitable at this point

Cardekho, buying car, selling car, Cardekho noida, car market, industry news

Jaypee Infra insolvency: NBCC sweetens bid by offering more land & benami flats to lenders

The company, which submitted its resolution plan on Sunday, is also believed to have offered 75 per cent of 858 acres land which is expected to be transferred back to Jaypee Infratech from the parent

Jaypee Infra insolvency, NBCC Ltd, Jaiprakash Associates, Yamuna Expressway, IDBI Bank, Supreme Court, Interim Resolution Professional News

Airbus exec: Need to correct ‘cultural belief’ that we are benefitting from Boeing 737 Max grounding

While Airbus and Boeing each have almost half of the market share of large commercial airline industry but the orders for each of them are likely to be smaller this year.

indigo, aviation sector News

PMC Bank scam: EOW conducts search at Rajneet Singh’s flat

"After producing Singh in the court, a team of around four officials took him to his flat in Karmashetra Building in Sion Koliwada area and conducted a search there. They were there for over an hour.

PMC Bank scam, Sardar Tara Singh, Economic Offences Wing, HDIL, RBI, latest news on PMC bank scam News

CAIT suggests imposition of minimum operating price for products on e-commerce sites

The traders' body alleged that e-commerce companies and brands in collusion with banks, by charging much lower price than the actual market value are depriving the government of GST and other revenue.

CAIT, ecommerce sites, prodcuts on e commerce sites, Piyush Goyal, Minimum Operating Price, cod on ecommerce products News

Essar, Adani, GAIL buy bulk of Reliance gas; fertiliser companies skip

Essar Steel picked up 2.25 million standard cubic metres per day or about half of the available volumes in the country's first transparent and dynamic forward auction that lasted for about five-and-ha

Essar Steel, Adani Group, GAIL, KG-D6 block, HPCL, petrochemicals, natural gas News

Penalise companies for non-compliance with Ambient Air Quality Norms: CII-Niti Aayog

Individuals, organisations and utilities who own or service the building and any other infrastructure in the national capital region (NCR) cities and towns may be penalised 5-10 per cent of the projec

healthcare, NITI Aayog, NITI Aayog report, economy news, PM JAY, Pradhan Mantri Jan Arogya Yojana, health News

Minimum Operating Price to end ‘price war’; uniform discounts for online, offline trade, suggests CAIT

In the letter to Piyush Goyal, CAIT said that there should be a uniform policy of discounting by brands for online as well as offline trade. For instance, the cashback given by banks on credit cards s

festive sales, festive sales online, festival sales, heavy discounts, online Diwali sales, Amazon, Flipkart, Myntra, mobile phones, Apple iPhone, flash sales, Amazon Prime, Flipkart Plus, Fashion & Clothing, Electronic Appliances News

‘Golden age’ for Indian aviation sector; fundamentals strong: IndiGo chief

The traffic grew just 1.18 per cent in September, as per the latest available official data.

Industry News

Bank of India, Indian Overseas Bank NPA divergences widen losses for FY19

Chennai-headquartered Indian Overseas Bank has reported a net non-performing asset (NPA) divergence of Rs 358 crore for 2018-19, due to which the divergence in provisioning came in at Rs 2,208 crore,

Bank of India, Indian Overseas Bank, NPA divergences, RBI, Lakshmi Vilas Bank, bad loans, Risk Assessment Report, RBI News

NCLAT rejects PepsiCo plea for release of machinery from Oceanic Tropical

The NCLAT observed that Pepsico India Holding cannot derive advantage of its own agreement with Oceanic Tropical Fruits over the Insolvency & Bankruptcy Code (IBC), which has provision of termination

NCLAT, PepsiCo, Oceanic Tropical, Insolvency & Bankruptcy Code, PepsiCo India, Oceanic Tropical Fruits News

Govt-recognised startups nearly triple under Modi’s Startup India; these many startups registered daily

Maharashtra with 12,064 startups followed by 10,272 startups in Delhi and Karnataka with 7,635 startups are the top 3 ecosystems with DPIIT-recognised startups in India.

BRICS Summit, Narendra Modi, BRICS Business Council, intra-BRICS trade target, New Development Bank, NDB membership, BRICS Development Bank News

Bharti Airtel withdraws bid for RCom assets citing questionable, unfair conduct

RCom Chairman Anil Ambani has tendered his resignation after the company posted a consolidated loss of Rs 30,142 crore for July-September 2019 due to provisioning for liabilities after the Supreme Cou

Airtel has placed conditional bid to buy spectrum of RCom, while Bharti Infratel has submitted bids for mobile towers. News

Telecom industry to consolidate further in ‘no relief’ scenario: Kotak Institutional Equities

The telecom industry has been hemorrhaging, with combined losses of listed mobile firms surpassing Rs 1 lakh crore in the just-ended quarter.

The company is also in the process of filing a review petition against the Supreme Court order. News

RBI should be given full power to regulate cooperative banks: Satish Marathe

PMC, which is among the top-10 urban cooperative banks, was placed under an RBI-appointed administrator on September 23 for six months due to massive under-reporting of dud loans.

The scam has affected lakhs of customers who are facing difficulties in withdrawing their entire money due to restrictions imposed by the RBI. News

MakeMyTrip eyes over 10,000 villas, apartments in India; expects double-digit growth in 2020

As a platform, MakeMyTrip's endeavour is to empower its customer with more and more choices so that they always find the best fit on their one-stop travel shop, he added.

Industry News

Govt’s new tool to empower SMEs: This e-learning platform will help protect their ideas, innovation

Startups and SMEs have access to limited resources and undertake tremendous risks in their business ventures. However, they remain susceptible and vulnerable to exploitation by larger enterprises.

Cafe SME News

Coal ministry to set up management unit to speed up mine operationalistion

The coal ministry has been exhorting allottees to step up efforts for bringing allotted blocks to production as well as enhance output.

The last date for submission of bid is December 19, it said. (Representational image) News

Vodafone-Idea believes govt won’t be in conflict with Supreme Court on telecom relief: Brokerages

SBICap Securities said VIL reported a net loss of Rs 50,921 crore on the back of provisioning for the liability arising from the Supreme Court ruling on the AGR issue.

"The company has provided for liabilities of Rs 27,600 crore for license fees and Rs 16,500 crore for spectrum usage charges. News

Initial draft industrial policy targets $1 trillion gross value addition in manufacturing by 2025

The policy would work in tandem with the Skill India Mission to improve employability of future workforce, and with the foreign trade policy to enhance India's share in global merchandise exports.

Further, it will work to revive investments into industry and manufacturing with a balanced focus on both quantity and quality of investments. News

Big relief to home buyers! RERA moots policy to complete stalled projects

The authority recommended that such a policy can be formulated on the lines of Section 8 of the Real Estate (Regulation and Development) Act, 2016, under which it can allow completion of pending devel

relief, home buyer, RERA, policy,UP RERA,industry news, Real Estate regulation and Development Act News

Anil Ambani steps down as Reliance Communications director

The company during the quarter, like Vodafone Idea and Bharti Airtel, provided for liabilities on account of spectrum usage charges and licence fee to the tune of Rs 28,314 crore. This follows the Oct

Anil Ambani, Reliance Communication, Reliance, rcom, NCLT News
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