Google Considering Taking Stake In Vodafone Idea: Report
Vodafone said it does not comment on market speculation, while Google did not immediately respond to a request for comment. – NDTV Profit – Latest
Month: May 2020
FDI In India Jumps 13% To Record $49.98 Billion In 2019-20
Sectors which attracted maximum foreign inflows during 2019-20 include services, computer software and hardware, and telecommunications, among others. – NDTV Profit – Latest
Federal Bank Q4 results: Net profit drops 21% to Rs 201 crore
Net profit fell to Rs 301 crore in March 2020 from Rs 382 crore a year ago. – Stocks-Markets-Economic Times
US internet giant Google eyes stake in Vodafone Idea: Report
Vodafone Idea has Rs 58,254 crore as AGR dues of which it has already paid Rs. 6,854 crores. – Stocks-Markets-Economic Times
Forced lending to cripple banks; NPAs to soar by up to 600 bps in 2 years: Fitch
The impact of forced lending on banks’ impaired-loan ratios can be anywhere between 200 and 600 basis points (bps), depending on the severity of stress and banks’ individual risk exposures … Read More
Government seeks $520 million from Cairn Oil & Gas; company slaps arbitration notice
Cairn is the operator of Rajasthan block with 70 per cent interest while the balance is held by state-owned Oil and Natural Gas Corp (ONGC). – Stocks-Markets-Economic Times
Government working on a ‘National Logistics Policy’
Senior Commerce Ministry official says the policy will look at several areas such as process re-engineering, digitisation, and focus on multi-modal transport – The Hindu – Industry
FDI in India jumps 13% to record $ 49.98 bn in 2019-20
Foreign direct investment (FDI) in India grew by 13% to a record of $ 49.97 billion in the 2019-20 financial year, according to official data.The cou – The Hindu … Read More
Gautam Adani sees COVID-19 as opportunity for faster transition to clean energy
Adani said the price of solar modules has dropped 99% over the past 40 years. – The Hindu – Industry
Nirmala Sitharaman Launches Aadhaar-Based Instant PAN Facility
The launch of the instant PAN facility is yet another step by the Income Tax Department towards Digital India. – NDTV Profit – Latest