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ATL has received the LoI from MSETCL to build, own, operate and maintain a transmission project in Maharashtra for a period of 35 years, a company statement said.Business
Adani Transmission gets LoI for project in Maharashtra

According to the statement, this will be Adani Transmission-'s first ever 400 kV substation facility in Mumbai.

14 Dec 2019 3:53 PM IST

Netrika will now be better positioned to effectively lead the fight agai-nst unauthorised leaks and peddling of copyrighted intellectual pro-perties such as movies, music albums, etc.Business
Netrika Consulting buys Anti-Piracy Solutions

The acquisition aims at boosting Netrika’s capability in the fight against the online sale of counterfeit goods.

14 Dec 2019 1:18 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.Business
Small finance banks see 130 per cent growth in deposits

Traction in term deposits increased and savings deposits were converted to term deposits owing to the high rates offered...

14 Dec 2019 1:11 AM IST

The industry has been going through a tough time since the introduction of GST.Business
Textile sector gets low credit

According to the industry data, overall textile exports have been shrinking month after month for quite some time.

14 Dec 2019 1:08 AM IST

The Indian diamond processing companies have been finding it difficult to avail finance from the formal banking sector since the Nirav Modi-PNB scam.Business
Nirav Modi scam hits rough diamonds

Global rough diamond sales to dip 25 per cent.

14 Dec 2019 12:58 AM IST

The pace of economic growth, however, will remain lower than in the recent past.Business
Moody’s cuts growth rate

Ratings agency Moody’s Investors Service has lowered its 2019 GDP growth forecast for India to 5.6 per cent for the...

14 Dec 2019 12:56 AM IST

Ujjivan Small Finance BankBusiness
Ujjivan Small Finance Bank rises nearly 60 per cent on debut

After the close of the trading on the first day, USFB’s market capitalisation stood at Rs 9,660.77 crore.

13 Dec 2019 2:52 AM IST

The regulator in a statement said that while loss prevention and loss minimisation are aspects insurers are concerned with right from the time a risk is assessed to the time a claim occurs.Business
Panel to suggest ways to cut losses in non-life biz

Collaboration with the government and various government agencies in this regard will benefit the society at large.

13 Dec 2019 2:49 AM IST

At present, the 5 per cent goods and services tax (GST) slab includes essential commodities such as food items, footwear and basic clothing.Business
E-invoicing to help save on GST filing

From April 1, 2020 or by the beginning of next fiscal, e-invoicing will be mandatory for all companies with turnover of...

13 Dec 2019 2:45 AM IST

&T FinanceBusiness
L&T Finance plans to raise Rs 500 crore

The NCDs have been rated AAA by rating agencies Crisil, Care and India Ratings.

12 Dec 2019 2:43 AM IST

Yes Bank had reported a net profit of Rs 965 crore in the same quarter of the previous year.Business
Yes Bank shares fall 15 per cent

With Tuesday’s over eight per cent fall the share of the bank are down over 23 per cent in the last two sessions.

12 Dec 2019 2:39 AM IST

Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
FoF infuses Rs 700 crore in startup cos

Till November, SIDBI has committed Rs 3,123.20 crore to 47 Sebi registered AIFs.

12 Dec 2019 2:37 AM IST

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