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In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.Business
Cash-strapped BSNL chasing dues of Rs 3,000 cr from biz clients

The move comes at a time when Bharat Sanchar Nigam Ltd (BSNL) is facing mounting pressure on its financials.

11 Aug 2019 7:38 PM IST

Mortgage lender Dewan Housing Finance Ltd (DHFL) on Tuesday said that it has cleared interest of Rs 961 crore due on non-convertible debentures (NCDs) and would be seeking a rating upgrade from agencies.Business
DHFL seeks a Rs 15,000-cr lifeline as resolution plan gets delayed

ast week, DHFL had submitted a draft resolution plan to lenders which are yet to be approved by them.

11 Aug 2019 7:23 PM IST

The Samsung QLED 8K TV will be available in four sizes.Business
TV sales dip; manufacturers ask govt to lower GST

Manufacturers are attributing the fall in demand to overall low consumer sentiments.

11 Aug 2019 6:19 PM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.Business
India's real estate sector on growth trajectory: CREDAI-CBRE report

The report estimated that office space stock will touch one billion sq ft by 2030.

11 Aug 2019 2:24 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.Business
Macro data, policy cues to drive markets in holiday-shortened week:...

During the last week, the Sensex gained 463.69 points or 1.24 per cent.

11 Aug 2019 1:41 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)Business
Govt may permit 100 pc FDI in contract manufacturing: Sources

Commerce and industry ministry is working on a proposal that would be finalised soon and sent for Union Cabinet's...

11 Aug 2019 1:22 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.Business
Reliance to produce only jet fuel, petrochemicals at Jamnagar after...

The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.

11 Aug 2019 12:07 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
FPIs remain in sell-off mode, pull out Rs 9,197 cr in Aug so far

However, analysts said the trend may reverse if the government addresses the tax concerns of overseas investors.

11 Aug 2019 11:55 AM IST

At the close of trade, the market capitalisation of all the BSE listed firms stood at Rs 1,29,60,905 crore ($2 trillion).Business
Seven of top-10 cos add Rs 87,966 cr in m-cap; HUL, HDFC Bank shine

TCS, HDFC, Infosys, Kotak Mahindra Bank and ICICI Bank were the other firms which saw a rise in their market...

11 Aug 2019 11:46 AM IST

\The suggestion of alleged violation of FDI laws of India is completely misconceived and misplaced,\ Godfrey Phillips India said in a regulatory filing.Business
Godfrey Phillips profit doubles to Rs 118 cr in June quarter

The consolidated income of the company during April-June increased to Rs 858.49 crore, from Rs 612.56 crore.

10 Aug 2019 3:01 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.Business
RCom Q1 loss widens to Rs 366 crore

Total income of RCom during the reported period declined to Rs 866 crore from Rs 1,008 crore a year ago.

10 Aug 2019 1:01 PM IST

Later, he realised he had intruded into a marriage ceremony and silently left the place.Business
India's youth borrowing big to get married

The total loan applications across categories in all the six cities rose to 15 per cent, from 9 per cent.

10 Aug 2019 12:18 PM IST

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