The Telegraph
Saturday, December 16, 2017
 

Business

Electronic imports get dearer

First published on 16-Dec-2017
India on Friday raised the import duty on mobiles, television sets, microwaves and a host of electronic goods in a bid to force global giants to manufacture locally and cut the country's burgeoning import bill....   | Read..
 

Fresh MDR bait to push debit cards

First published on 16-Dec-2017
The government on Friday waived the merchant discount rate (MDR) on all transactions up to Rs 2,000 made with debit cards, BHIM, UPI and Aadhaar-enabled Payment System for a period of two years beg......   | Read..
 

Another ICICI arm eyes IPO

First published on 16-Dec-2017
ICICI Securities, the broking subsidiary of ICICI Bank, on Friday filed draft papers with the Securities and Exchange Board of India (Sebi) for its forthcoming initial public offering (IPO)....   | Read..
 

Exports jump 30% in November

First published on 16-Dec-2017
Merchandise exports rose 30.55 per cent to $26.19 billion last month, reversing the October decline, narrowing the month-on-month trade deficit to $13.83 billion....   | Read..
 

Vodafone appoints its first Indian CFO

First published on 16-Dec-2017
Ahead of its merger with Idea Cellular which is expected to close sometime next year, Vodafone India on Friday announced the appointment of Manish Dawar as its chief financial officer. Dawar is lik......   | Read..
 

Duo line up investment in Bengal

First published on 16-Dec-2017
Bengal industry and finance minister Amit Mitra has disclosed two upcoming investments in the state - one, a state-owned firm teaming up with an overseas partner and the other with export potential....   | Read..
 

HDFC Bank on a roll

First published on 16-Dec-2017
Shares of HDFC Bank on Friday hit a record high after the private sector lender announced its intention to raise funds....   | Read..
 

Cash & ally to drive Kesoram overhaul

First published on 16-Dec-2017
The restructuring continues at Basant Kumar Birla flagship Kesoram Industries with the company looking to raise capital and bring in a partner for its radial tyre business....   | Read..
 

Exit polls lift stocks

First published on 16-Dec-2017
Buoyed by the exit polls, which showed the BJP winning both the Gujarat and the Himachal Pradesh elections comfortably, stock markets surged ahead on Friday with the benchmark Sensex rising 216 poi......   | Read..
 

Disney inks $52bn deal for 21st Century Fox

First published on 15-Dec-2017
The Walt Disney Company said on Thursday that it had reached a deal to buy most of the assets of 21st Century Fox, the conglomerate controlled by Rupert Murdoch, in an all-stock transaction valued ......   | Read..
 

GST kitty a concern

First published on 15-Dec-2017
State finance ministers are worried about indirect tax collections falling short of estimates by over Rs 39,000 crore in the first four months since the implementation of the GST....   | Read..
 

Retailers tap Centre, RBI for MDR relook

First published on 15-Dec-2017
Baffled over the Reserve Bank of India's decision to tweak the merchant discount rate (MDR), retailers are hoping the regulator will consider rationalising the rates in the future....   | Read..
 

FM draws up to-do list for next year

First published on 15-Dec-2017
Finance minister Arun Jaitley on Thursday said next year the government would focus on strengthening state-run banks, build infrastructure and implement its ambitious programme of Housing for All b......   | Read..
 

Bajaj Hind debenture to lenders

First published on 15-Dec-2017
Bajaj Hindusthan Sugar Ltd on Thursday said it would issue optionally convertible debentures aggregating Rs 3,483.25 crore to the lenders....   | Read..
 

Commonwealth trade push

First published on 15-Dec-2017
India may host a Commonwealth trade hub as part of the group's bid to re-invent itself as a more focused body interested in promoting trade and investment in the post-Brexit era....   | Read..
 

Tatas tie up with GE for aircraft engines

First published on 15-Dec-2017
The Tata group and GE have joined hands to manufacture components for CFM International's LEAP engines in the country. The duo are also planning to jointly pursue military engine and aircraft syste......   | Read..
 

Second lot set for NCLT trip

First published on 14-Dec-2017
Close to 23 accounts that were part of the RBI's second list of stressed assets are set to go to the bankruptcy courts as lenders were unable to bring about a resolution....   | Read..
 

Higher imports push up CAD

First published on 14-Dec-2017
India's current account deficit (CAD) doubled to 1.2 per cent of GDP in the second quarter of this fiscal from 0.6 per cent last year as merchandise imports grew more than exports....   | Read..
 

Modi blames UPA for bad loan mess

First published on 14-Dec-2017
Prime Minister Narendra Modi on Wednesday attacked the previous Congress-led UPA government, blaming it for the bad loan crisis in state-run banks....   | Read..
 

HCL mine in Ghatsila reopens

First published on 14-Dec-2017
Hindustan Copper (HCL) has reopened the Kendadih copper mine at Ghatsila in Jharkhand after over 16 years. The mine is key to the capacity expansion plan of the state-owned miner....   | Read..
 
Electronic imports get dearer