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October 24, 2016 4:34 PM
The Reserve Bank of India (RBI) has said that Foreign Venture Capital Investors (FVCIs) can invest in Indian startups irrespective of the sector in which the startup is engaged without prior permission of the apex bank. Sebi-registered FVCIs have also been permitted to invest in unlisted firms in se...
October 24, 2016 11:36 AM
Cellular Operators Association, COAI has expressed disappointment over the Rs 3,050 crore penalty recommended by TRAI on incumbent operators Airtel, Vodafone and Idea for allegedly denying interconnectivity to newcomer Reliance Jio. COAI Director General Rajan Mathews told a news agency that it is d...
October 24, 2016 8:12 AM
Finance Ministry has called a meeting of senior management of banks today to discuss the bad loans issue in specific sectors. Sources said, the meeting will focus on non-performing assets (NPAs) in sectors like steel, power and infrastructure. These three sectors account for bulk of gross NPAs which...
October 24, 2016 7:04 AM
Finance Ministry has called a meeting of senior management of banks today to discuss the bad loans issue in specific sectors. Surces said, the meeting will focus on non-performing assets (NPAs) in sectors like steel, power and infrastructure. These three sectors account for bulk of gross NPAs which ...
October 23, 2016 12:12 PM
Cellular Operators Association, COAI has expressed disappointment over the 3,050 crore rupees penalty recommended by TRAI on incumbent operators Airtel, Vodafone and Idea for allegedly denying interconnectivity to newcomer Reliance Jio. COAI Director General Rajan Mathews told a news agency that it ...
October 22, 2016 5:44 PM
Finance Minister Arun Jaitley today asked the private sector to make the most of the demand uptake following a good monsoon and softer interest rates. Addressing the Madhya Pradesh Global Investor Summit in Indore today, the Finance Minister said, this year, fortunately as a result of goods monsoon,...
October 22, 2016 2:11 PM
Telecom Regulatory Authority of India (TRAI) has recommended to imposition of 3,050 crore rupees penalty on Bharti Airtel, Vodafone and Idea cellular for allegedly denying interconnectivity to newcomer Reliance Jio.TRAI, in its recommendation to the Department of Telecom, said it has found the the t...
October 21, 2016 6:36 PM
Water Resources Minister Uma Bharti today released the first installment of 1500 crore rupees to the states as central assistance for 99 prioritized irrigation projects. The amount was released under Accelerated Irrigation Benefits Program. Addressing a press conference in New Delhi, Ms Bharti said,...
October 21, 2016 1:45 PM
The government today said, the debit card customers need not worry in view of data theft. Talking to media in New Delhi, Secretary in the Department of Economic Affairs Shaktikanta Das said, the probe is underway and every necessary action will be taken to address the possible threat. On a query, Mr...
October 21, 2016 12:46 PM
Chinese yuan weakened to a six-year low against the U.S. dollar today. According to the China Foreign Exchange Trade System, it was the weakest level since September 2010 as increased market expectations for an interest rate increase in the United States led to a stronger dollar. In China's...
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