Credit profiles of telecom operators (telcos) will remain under pressure in the medium term due to intense competition, elevated debt levels and continued reliance on capital infusion for debt servicing and capex, India Ratings, a Fitch Group company has said. Reliance Jio will be the only ...
With most indicators pointing to weak domestic demand and tepid investment climate, India's gross domestic product (GDP) is expected to slip further in April-June quarter of current fiscal. Ahead of official release of GDP numbers, most research firms have predicted ...
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A coalition of some 160 business groups has sent a letter to US President Donald Trump, requesting him to postpone all tariff increases on Chinese goods that are scheduled to take effect later this year....
Eager to see customers at its first India retail store, Apple on Thursday declared India its next growth hub -- first by launching an exclusive online store and then its branded retail outlet later -- as the Narendra Modi cabinet eased the 30 per cent local sourcing norm in single-brand retail (SBRT)....
A coalition of some 160 business groups has sent a letter to US President Donald Trump, requesting him to postpone all tariff increases on Chinese goods that are scheduled to take effect later this year. These tariff hikes come at the "worst possible time", right in the middle of...
A coalition of some 160 business groups has sent a letter to US President Donald Trump, requesting him to postpone all tariff increases on Chinese goods that are scheduled to take effect later this year. These tariff hikes come at the "worst possible time", right in the middle of ...
Central Board of Direct Taxes (CBDT) Chairman P.C. Mody has been given a 1-year extension that will follow his superannuation on August 31. The move is aimed at ensuring continuity at the top post so that policy measures initiated are not affected....
Days after revelation of fraud at CG Power, the company's board on Thursday sacked its Chairman Gautam Thapar with immediate effect. The company, in a regulatory filing, said that in cognizance of the current situation being faced by the company, the Board of Directors have decided to ...
With all eyes on the annual report of the RBI on growth on Thursday and its surplus transfer to the government and a host of measures announced by the government to revive the economy and also decisions to boost FDI, broking house CLSA has said the government seems to be favouring an interventionist approach to revive growth....
