EaseMyTrip, Puranik Builders & 2 others get nod for IPO
EaseMyTrip.com plans to float a Rs 510 crore initial public offering (IPO).
EaseMyTrip.com plans to float a Rs 510 crore initial public offering (IPO).
Yield on the 10-year government bond was at 6.50 percent, down from 6.60 percent last Friday.
Prabhudas Lilladher projected a 162.10 per cent growth in bottom line at Rs 646.10 crore.
The Reserve Bank of India (RBI) in December had kept interest rates unchanged after five consecutive cuts.
The CAG also pointed out that a pilot project to improve housing conditions of troops in high altitude areas was not successful. It also said that it took more than a year for the formations to hand over the assets to the units. This deprived the units of resources that were scant in the challenging climatic conditions.
The novel coronavirus infection that first broke out in Wuhan, China, has spread to 25 countries so far. At least 361 deaths and 17,205 cases of the virus have been reported from China.
Within the constraints of a slowing down economy, the finance minister has chosen to announce measures aimed at furthering tax reforms, giving a push to investment, meeting the aspirations of the people and uplifting demand.
It is pertinent to mention here that 15 entities owe the government about Rs 1.47 lakh crore in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges. "AGR dues payment has not been taken into account in the Budget," Economic Affairs Secretary Atanu Chakraborty said at a post Budget event.
The order involves setting up a coal, limestone and gypsum handling plant at Nalgonda district in the state of Telangana for TSGENCO’s (Telangana State Power Generation Corporation Ltd) proposed 5X800 MW Yadradri Thermal Power Station Thermal Power Station.
Taiwan's Foxconn, which makes smartphones for Apple and other brands, has halted "almost all" of its production in China after companies were told to shut until at least Feb. 10, the source said, adding that an extension of the stoppage could disrupt shipments to clients including Apple.
The group, which is in the process of putting in EUR 1 billion investment in the country, said the clarity in terms of policies would help the company adapt and bring in products at right time. The German automobile group Volkswagen in 2018 had decided to reorganise its India operations giving Czech firm Skoda the responsibility to take the lead.
Kotak expects 6.5 per cent quarter-on-quarter (QoQ) increase in India wireless revenue.
Germany's Health Minister Jens Spahn said Sunday he had talked on the phone with his US counterpart and "we agreed that there should be a conference call, a discussion by G7 health ministers about this question with the aim of dealing with it together".
The exercise christened 'SAMPRITI-IX' is an important bilateral defence cooperation endeavour between India and Bangladesh. This is the ninth edition of the exercise which is hosted alternately by the two countries. The Bangladesh Army contingent is being led by Brigadier General Md Shafiul Azam and both armies will familiarise each other in various tactical drills and procedures.
RSI on the daily chart was 32.86 and stayed neutral, showing no divergence against the price.
Meeting the aggressive divestment target of Rs 2.1 lakh crore for FY21 will hold the key for the government, most analysts believe.
Ten BJP lawmakers from the Kalyana Karnataka (Hyderabad-Karnataka) region had a meeting in Bengaluru on Monday to assert their right for a fair representation in the Cabinet. There were other meetings as well by MLAs, some of them working closely with Yediyurappa, to build pressure on the chief minister.
Prakash Javadekar informed the House that 17.1 million vehicles (all categories) were sold during April–December, 2019 as against 20.3 million vehicles sold during the same period in 2018. "Retrenchment of temporary workforce has been reported by the industry. However, no confirmed data on job loss is available with the Government," the minister said.
"There are a lot of speculations regarding the fiscal deficit.Earlier, there was a situation in the previous regime where fiscal deficit numbers were fudged.
Last week, the Enforcement Directorate had produced an alleged phone recording between Kapoor and an “economic offender” claiming it to be “material information”. The agency, last week, told the Court that they have transcription of phone recorded conversation of Yasmin Kapoor “with one of the person who is economic offender and the same are very much relevant”.
On Tuesday, companies such as Avanti Feeds, Bajaj Electricals, Bharti Airtel, will release their quarterly numbers.
The five people were shifted to the Army's Base hospital after showing symptoms of cough and cold.
The FPI flow Indian market is seeing now is largely passive flow, which is a default investment from emerging markets allocation. But active overseas investors do not look too excited about India, says the co-CEO of Avendus Capital.
Auto Expo 2020: Chinese delegation to skip event due to coronavirus scare
Finance minister Nirmala Sitharaman announced the plans to set up five new smart cities on PPP model and 100 more airports to be set up by 2024 to support UDAN scheme and allocated Rs 1.7 lakh crore to transportation. Cement manufacturers association said the emphasis on infrastructure development will go a long way to revive cement demand.
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