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Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Telecom stocks rally on relief hope

Analyst are seeing current rally in telecom stocks as a reaction to the news on tariff hike from an oversold position.

21 Nov 2019 1:25 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi tightens default disclosure norms

It has also decided to amend the norms for portfolio managers by raising net worth and minimum investment requirements.

21 Nov 2019 1:23 AM IST

The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender.

RBI supersedes DHFL board

The central bank also said it would shortly initiate the process of resolution of the company under the insolvency and...

21 Nov 2019 1:21 AM IST

The Department of Telecom has issued 13-digit numbers to telecom operators for the trial of machine-to-machine (M2M) communications like smart electric metres and car tracking devices.

Telcos have to pay Rs 1.47 lakh cr dues; no proposal to waive off...

Supreme Court last month held that non-telecom revenues have to be considered for calculating statutory dues.

20 Nov 2019 5:44 PM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Rupee settles 10 paise lower at 71.81 against US dollar

The decline in the domestic unit was capped by a rally in domestic stocks, forex traders said.

20 Nov 2019 5:31 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi tightens disclosure norms on loan defaults

Sebi also extended the Business Responsibility Report (BRR) requirement to top 1,000 companies, from 500 currently.

20 Nov 2019 5:31 PM IST

Railway Minister Piyush Goyal addressing a press conference in Bengaluru on Friday. (Photo: ANI)

Govt mulling to provide forex loan at cheaper rate to exporters: Goyal

Govt is considering a proposal to provide higher insurance coverage to the banks on their export-credit-disbursement.

20 Nov 2019 5:03 PM IST

Giving much-needed relief to stressed sugarcane farmers, the government on Wednesday announced Rs 6,268-crore subsidy for exporting 6 million tonnes of sugar during the marketing year 2019-20 that starts from October.

India's sugar output declines 64 pc till Nov 15 in ongoing marketing...

During the current 2019-20 sugar season, sugar production as on November 15, was 4.85 lakh tonnes as compared to 13.38...

20 Nov 2019 4:38 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex ends 182 points higher; RIL up 2 per cent

After scaling a lifetime (intra-day) high of 40,816.38, the 30-share index ended 181.94 points, or 0.45 per cent, higher...

20 Nov 2019 4:03 PM IST

Dussehra sales had disappointed the jeweler fraternity. However, they hope to see the latent demand for gold to support Dhanteras sales this time.

Gold rises Rs 296 on weaker rupee, rally in global prices

Gold is trading at Rs 39,194 per 10 gram in the national capital on weaker rupee and rally in international prices.

20 Nov 2019 3:44 PM IST

MTNL, in a bold move, has approached the government seeking allotment of 4G spectrum.

MTNL rings in strong VRS response; over 13,500 staff opted for scheme...

The government has approved a plum Rs 69,000-crore revival package for BSNL and MTNL.

20 Nov 2019 3:06 PM IST

Section 30(2)(b)(ii) says that a dissenting financial creditor shall get payment as per order of priority as specified in section 53(1) of IBC.

NCLAT rejects DBS Bank's plea challenging distribution of funds from...

The Mumbai bench of the NCLT has approved around Rs 4,350-crore resolution plan on July 24, 2019.

20 Nov 2019 2:31 PM IST