The Telegraph
Thursday, January 18, 2018
 

Business

Flip-flop on borrowing target

First published on 18-Jan-2018
The government will borrow an additional Rs 20,000 crore instead of Rs 50,000 crore announced earlier in this financial year. The decision was taken after assessing its revenue and expenditure patterns ....   | Read..
 

Sensex races to 35000

First published on 18-Jan-2018
The government's move to lower the additional borrowing requirement propelled the BSE Sensex above the 35000-mark for the first time and brought a much-needed relief to the badly hit bond markets o......   | Read..
 

PwC contests Sebi ban

First published on 18-Jan-2018
Pricewaterhouse on Wednesday moved the Securities Appellate Tribunal (SAT), challenging Sebi's order against the audit firm and its network entities in the multi-crore Satyam scam....   | Read..
 

RITES to raise Rs 600cr

First published on 18-Jan-2018
State-owned RITES has filed draft papers with Sebi to raise an estimated Rs 600 crore through an initial share sale....   | Read..
 

MNCs ignore oil auction

First published on 18-Jan-2018
Global energy firms have shown little interest in the country's first bidding under Open Acreage Licensing Policy, which permits pricing and marketing freedoms and companies to carve out the area f......   | Read..
 

HUL posts strong numbers

First published on 18-Jan-2018
Hindustan Unilever's third-quarter net profit jumped 27.74 per cent to Rs 1,326 crore on volume growth and improvement in margins across categories....   | Read..
 

Investment pledge with eye on jobs

First published on 18-Jan-2018
Bengal has bagged Rs 2.19 lakh crore worth of investment proposals at the conclusion of the two-day Bengal Global Business Summit on Wednesday....   | Read..
 

Evasion high after GST

First published on 18-Jan-2018
A GST Network (GSTN) meeting held in Bangalore on Wednesday confirmed that revenue shortfall after the GST has reached "alarming levels" because of tax evasion but promised effective solu......   | Read..
 

Sharp rise in Mindtree net

First published on 18-Jan-2018
Mid-sized IT firm Mindtree today said its consolidated net profit rose 37.2 per cent to Rs 141.5 crore for the December quarter and it expects to clock "high single-digit growth" in the o......   | Read..
 

RIL outlines Bengal vision

First published on 17-Jan-2018
Reliance Industries has earmarked Rs 5,000-crore investment for Bengal in the coming years to expand its retail and petroleum outlets....   | Read..
 

Tough RBI posturing pushes up bonds yield

First published on 17-Jan-2018
Government bond prices came under pressure on Tuesday after Reserve Bank deputy governor Viral Acharya ruled out any relaxation on the valuation of the bonds held by banks or any other dispensation......   | Read..
 

Sanjiv picks four verticals for cash dose

First published on 17-Jan-2018
RP-Sanjiv Goenka Group has committed a cumulative investment of Rs 1,700 crore over the next three years in Bengal across four verticals, including a new carbon black unit and an FMCG park....   | Read..
 

Europe duo come calling

First published on 17-Jan-2018
Two European countries - Italy and France - are bullish on the prospects of mutual partnership and business co-operation in Bengal. Memoranda of understanding are being either signed or lined up be......   | Read..
 

Logistics park near Calcutta

First published on 17-Jan-2018
Bangalore-based Embassy Industrial Parks, supported by global private equity player Warburg Pincus, has firmed up plans to invest Rs 1,000 crore in the next five years in Bengal....   | Read..
 

Patanjali forays into e-commerce

First published on 17-Jan-2018
Baba Ramdev-led Patanjali Ayurved on Tuesday announced tie-ups with major e-commerce players, including Amazon and Flipkart, to sell its products in a bid to expand its sales and become a Rs 1-lakh......   | Read..
 

R-Com data push

First published on 17-Jan-2018
Reliance Communications (R-Com) on Tuesday announced a new undersea cable system that will boost its data carrying capacity by 10 times and treble revenues to $1 billion over the next five years....   | Read..
 

Ramdev's Patanjali goes online with Amazon, Flipkart and a 1,000-cr target

First published on 16-Jan-2018
Baba Ramdev’s Patanjali Ayurved on Tuesday announced its move into e-commerce for its FMCG items, partnering major players in the space, including Amazon and Flipkart, and targeting over Rs 1......   | Read..
 

Gold import badly dents trade gap

First published on 16-Jan-2018
Trade deficit widened to a three-year high of $14.88 billion in December, attributed to a spike in the import of gold and precious stones as well as crude oil that ratcheted imports up 21 per cent ......   | Read..
 

Twin fillip for stocks

First published on 16-Jan-2018
Stocks continued their record-breaking rally with the benchmark Sensex coming close to the 35000-mark on better than expected factory output data and corporate earnings....   | Read..
 

HDFC takes centre stage

First published on 16-Jan-2018
Shares of HDFC on Monday soared above 6 per cent with its market capitalisation zooming over Rs 17,300 crore as investors cheered the company's fund raising plans....   | Read..