by PTI News | Mar 31, 2022 | 9:19 pm | Corporate Action, News
New Delhi, Mar 31 (PTI) The Department of Telecom has asked telecom operators to withdraw all COVID pre-call announcements and caller tunes. The telecom service providers have been playing the pre-call announcements and caller tunes related to coronavirus to spread awareness among citizens and to tell them about the precautions and vaccination to be taken during [...]
by PTI News | Mar 31, 2022 | 9:10 pm | Corporate Action, News
New Delhi, Mar 31 (PTI) The National Company Law Tribunal (NCLT) has approved the scheme of transfer of Raymond Apparel Ltd business to Raymond Ltd. In September 2021, board of Raymond had approved demerging the B2C business, including apparels, of Raymond Apparel Ltd (RAL), on a going concern basis to merge with the company itself. [...]
by PTI News | Mar 31, 2022 | 9:05 pm | Company Results, News
Mumbai, Mar 31 (PTI) Aided by low base and the rising advertising and subscription revenue, the print media is likely to clock a 20 per cent topline growth to Rs 27,000 crore next fiscal, but soaring newsprint prices may tear off 300-350 bps of operating profitability for the sector, says a report. In a report [...]
by PTI News | Mar 31, 2022 | 9:01 pm | Economy, News
New Delhi, Mar 31 (PTI) TRAI on Thursday issued a clarification on its January directive that had asked telecom operators to come out with at least one tariff plan which can be renewed on the same date of every month, and granted additional 60 days to players to ensure compliance. Following industry representations, the Telecom [...]
by PTI News | Mar 31, 2022 | 8:56 pm | Economy, News
New Delhi, Mar 31 (PTI) The Union government is looking to raise Rs 8.45 lakh crore through borrowings in the first half of 2022-23 to fund the revenue gap for reviving the economy, the finance ministry said on Thursday. Out of the gross market borrowing of Rs 14.31 lakh crore estimated for the next financial [...]
by PTI News | Mar 31, 2022 | 8:45 pm | News
New Delhi, Mar 31 (PTI) Debt-ridden Future Retail Ltd's CEO Sadashiv Nayak has resigned from the post seven months after his appointment, according to a filing. Future Group CEO Kishore Biyani has been re-appointed as executive chairman of the company for three years, a regulatory filing said on Thursday. "Sadashiv Nayak, who was appointed as [...]
by PTI News | Mar 31, 2022 | 8:33 pm | Commodities, News
New Delhi, Mar 31 (PTI) Mining firm Hindustan Zinc Limited (HZL) on Thursday said it will invest Rs 350 crore to develop up to 200 megawatt (MW) renewable energy capacity through a special purpose vehicle. The project will be built under group captive norms on Build-Own-Operate (BOO) basis through a special purpose vehicle (SPV), HZL [...]
by PTI News | Mar 31, 2022 | 8:31 pm | News
Mumbai, Mar 31 (PTI) Net claims of non-residents on India increased by USD 21.1 billion during the December quarter due to an increase in foreign-owned assets combined with a decline in Indian residents' overseas financial assets, according to the RBI data. Higher inward direct investment, trade credit and loans contributed to the increase in non-residents’ [...]
by PTI News | Mar 31, 2022 | 8:30 pm | News
New Delhi, Mar 31 (PTI) Fintech firm OneCode on Thursday said it has raised Rs 100 crore in a funding round led by General Catalyst.The series A funding round also saw participation from existing investors including Sequoia Capital India's Surge, Nexus Venture Partners, and Waterbridge Ventures.Angel investors like Vidit and Sanjeev from Meesho, Madhusudhan from [...]
by PTI News | Mar 31, 2022 | 8:27 pm | News
Bhubaneswar, Mar 31 (PTI) The Odisha government on Thursday increased the fares of buses across all categories as the diesel price continued to skyrocket in the country. In an order, the State Transport Authority (STA) justified the hike as the diesel price shot up to Rs 98.40 currently in the state as against Rs 91.61 [...]
