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Business - Page 513

Nokia & Ericsson India to get shares worth `2,458 crore in Vodafone Idea in lieu of dues

13 Jun 2024 10:43 PM IST
New Delhi: Debt-ridden telecom operator Vodafone Idea will allocate shares worth Rs 2,458 crore to vendors Nokia India and Ericsson India to clear...

NCLT gives fourth extension of 60 days to Go First to complete insolvency process

13 Jun 2024 10:43 PM IST
New Delhi: The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the...

‘Strategic reforms in customs duties, GST, commerce to push India’s inclusive growth’

13 Jun 2024 10:42 PM IST
New Delhi: Implementation of key strategic reforms such as simplification of customs duty structure, GST, and not incentivising low value-added...

Civil Aviation Ministry to work on 100-day action plan: Naidu

13 Jun 2024 10:42 PM IST
New Delhi: New Civil Aviation Minister Kinjarapu Rammohan Naidu on Thursday said his ministry will soon come out with a 100-day action plan and find...

Adani Group to acquire Penna Cement at `10,422 cr valuation

13 Jun 2024 10:41 PM IST
New Delhi: Billionaire Gautam Adani-led Adani Group on Thursday said it will acquire Hyderabad-based Penna Cement at an enterprise value of Rs 10,422...

‘India to remain fastest growing Asia-Pacific economy’

13 Jun 2024 10:40 PM IST
New Delhi: Moody’s Ratings on Thursday said India will remain the Asia-Pacific region’s fastest-growing economy in 2024, sustaining last year’s...

‘No reduction in consumer market frauds despite regulatory changes’

13 Jun 2024 10:40 PM IST
New Delhi: The majority of the respondents feel that there has been no reduction in frauds despite multiple regulatory changes in India, a KPMG survey...

Corporate loan worth `5L cr in pipeline: SBI

13 Jun 2024 10:39 PM IST
New Delhi: State Bank of India (SBI) Chairman Dinesh Kumar Khara has said there is a growing demand for credit from the corporate sector and loans...

Need to moderate rate and widen tax base to make India developed economy by 2047, say experts

13 Jun 2024 10:38 PM IST
New Delhi: There is a need for a shift in the taxation mindset from rates to revenue by moderating tax rates and widening base in order to achieve the...

CII wants govt to push land, labour, agri reforms to boost growth

13 Jun 2024 10:38 PM IST
New Delhi: Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to...

Industrial output growth slips to 3-month low of 5% in April

13 Jun 2024 1:07 AM IST
New Delhi: India’s industrial production growth slipped to 3-month low of 5 per cent in April 2024, mainly due to poor show by the manufacturing...

Nifty hits fresh all-time high; Sensex climbs 150 points

13 Jun 2024 1:06 AM IST
Mumbai: Benchmark equity indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level, mainly due to buying in power,...
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