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Category: Business Updates

Business Updates

Go First revival: DGCA to conduct special audit of airline next week in Delhi, Mumbai

March 8, 2021By businessreputationdata

With the revision, a one-year term deposit with post offices will now earn 0.1 percentage higher point at 6.9 per cent and for the two years tenor — 7 per cent (up from 6.9 per cent).

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Business Updates

Adani group units in talks to tap local bond market to raise Rs 15 billion: Report

March 6, 2021By businessreputationdata

Two units of Adani group are in talks with merchant bankers to raise as much as 15 billion rupees ($181 million) each through local currency bonds as part of the ports-to-power conglomerate’s aim to raise 100 billion rupees this financial year, Reuters reported.

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Business Updates

‘To build a globally competitive presence in semiconductor ecosystem over next 10 years’

March 4, 2021By businessreputationdata

As per a government release from 2019, the National Statistical Office (NSO) had proposed to conduct the first round of the Annual Survey on Unincorporated Sector Enterprises (ASUSE) during October 2019-March 2020 and next round of ASUSE in April 2020 till March 2021.

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Business Updates

SEBI says tightened FPI regulations, but tax havens pose a global challenge

March 1, 2021By businessreputationdata

PE transactions in Indian real estate are, in any case, tilted towards equity investments in office assets by foreign investors.

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Business Updates

Adani Group’s EBITDA grows 42% in Q1 as businesses log impressive growth

March 1, 2021By businessreputationdata

All-time high EBITDA of Rs 23,532 crore in April-June was almost equal to the full-year FY19 (April 2018 to March 2019 fiscal year) EBITDA of Rs 24,780 crore, Adani group said in a statement.

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Business Updates

Stock Market today: Indices continue downward slide as Sensex plunges over 314 points, Nifty down to 21,462

March 1, 2021By businessreputationdata

The slide is caused by weak financial, banking and IT shares. Investors are said to have turned cautious after lower-than-expected quarterly results. Massive selling by foreign institutional investors in previous sessions continues to leave its impact.

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Business Updates

Over 60 digital rights groups call for withdrawal of Telecom Bill

March 1, 2021By businessreputationdata

“The Bill in its current form poses a grave threat to fundamental rights, democracy, and the internet as we know it, and must be withdrawn and altered in order to remove these flaws,” the letter, which includes signatories like the Signal Foundation and Mozilla, said.

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Business Updates

Jio Financial Services to be listed on stock exchanges on August 21

February 28, 2021By businessreputationdata

Reliance had spun off JFS on July 20, with its stock price set at a much higher-than-expected Rs 261.85, valuing it at around Rs 1.66 lakh crore or $20 billion in a special trading session.

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Business Updates

India has potential to grow at 10%… but land, labour reforms are important: Anand Rathi

February 28, 2021By businessreputationdata

“Our advantage is that because we are developing later, we are also going ahead fast, technology-wise,” Rathi said.

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Business Updates

HDFC Bank CEO Jagdishan’s remuneration jumps 62% in FY23; flags concerns on attrition

February 26, 2021By businessreputationdata

The tomatoes procured by NCCF and NAFED had been retailed, initially, at Rs 90 per kg and then reduced to Rs 80 per kg from 16th July, 2023.

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