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Business

Govt set bidding parameters for Air India’s divestment.

Sakshi Yadav Oct 29, 2020
On Thursday Union civil aviation minister Hardeep Puri announced that the Union government has rectified the bidding parameters for Air India’s divestment and has decided to ask for bids at enterprise value. The bids will be available for…
Business

Bharti Airtel September Quarter Revenue was at 22%

Sakshi Yadav Oct 29, 2020
On Tuesday, Telecom operator Bharti Airtel announced its quarter consolidated revenue that was highest-ever. This highest revenue was assisted by higher tariffs and additions to its 4G subscriber base. Due to billionaire Mukesh Ambani's…
Business

Uday Kotak may acquire IndusInd Bank- Says Report

Sakshi Yadav Oct 27, 2020
According to one news website report Kotak Mahindra Bank Ltd may takeover it's smaller rival Induslnd Bank Ltd. If this acquisition happen it will help Kotak Mahindra bank through expanding its presence in the Indian banking sector,…
Business

Central Government announced interest waiver scheme for loans up to Rs 2 crore

Sakshi Yadav Oct 24, 2020
On Friday, Central government announced to approved the scheme for granting of ex gratia payment of the difference between compound interest and simple interest for next six months of loans more than Rs 2 crore. On March 27,…
Business

SBI gave reduction on Home Loans In Festive Season Offer

Sakshi Yadav Oct 22, 2020
On Wednesday, State Bank of India announced a relaxation of up to 20 basis points i.e 0.20 per cent point on home loans, in order to attract homebuyers in the upcoming festival season. The concession is applicable to loans for houses worth…
Business

Bonus For Govt Employees, Here are Key Decisions Taken By Union Cabinet

Sakshi Yadav Oct 22, 2020
On Wednesday, The union cabinet ministry has decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees during the festival season in order to encourage spending and add demand in the economy. The decision was taken at…
Business

MCX Launched India’s First Base Metals Futures Index METLDEX

Sakshi Yadav Oct 21, 2020
On October 19, MCX (Multi Commodity Exchange), the country's leading commodity bourse, launched Base Metals Index 'METLDEX'. This base metal index launched just after a month of MCX Bullion Index, BULLDEX launched . The bullion index was…
Business

Union Government asked 8 State-Run Companies To Consider Buybacks – Says Report

Sakshi Yadav Oct 20, 2020
According to government officials, the union government has demanded at least eight state-run companies to consider share buybacks in the fiscal year that runs through March 2021. As New Delhi scours for ways of raising funds to control in…
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