Mumbai, (IANS) : Just before the launch of its initial public offer on Monday, stock exchange major BSE allocated 4,628,158 equity shares to 'Anchor Investors' worth Rs 373 crore. The company allocated the equity shares at an offer price of Rs 806 per equity share....
Kolkata, (IANS) : State-run general insurer National Insurance Company Ltd has collected Rs 800-900 crore as premium under the Pradhan Mantri Fasal Bima Yojana (PMFBY), a top official said on Friday. "We are not part of the kharif season, but we are part of the rabi...
Agartala, (IANS) : The Northeast Frontier Railway (NFR) has invested around Rs 1,000 crore to extend the railway line beyond Tripura capital Agartala and up tothe state's southern temple city Udaipur, a top official said here on Thursday. The NFR would start two pairs...
New Delhi, (IANS) : The impact of demonetisation is expected to drag the revenues of the corporate sector to 4 per cent from an average of 6.3 per cent in the preceding three quarters, rating agency Crisil said on Tuesday. "For the third quarter ended December 31,...
Hyderabad, (IANS) : The mobile-wallet market in India is expected to grow at over 190 per cent to reach Rs 1,512 billion by financial year 2022 from the current level of about Rs.1.5 billion, says a study conducted jointly by trade body Assocham and business...
Bhubaneswar, (IANS) : With the farmers facing hardship due to the demonetisation, the RBI has decided to provide around Rs 70 crore to the District Central Cooperative Banks (DCCBs) in Odisha on a daily basis to meet the requirement of farmers, said an official on...
Kuala Lumpur, (IANS) : Describing it as an opportune time to invest in India, Prime Minister Narendra Modi on Wednesday invited Asian businesses to invest in the country and said the GST regime is expected to be implemented next year. "India is not only a good...
New Delhi, (IANS) : The 6th meeting of the Goods and Services Tax Council commenced here on Sunday in the shadow of demonetisation, whose fallout has put a serious question mark on implementing GST by the central government's targeted deadline of April 1, next year....
By Rohit Vaid, Mumbai, (IANS) : Heightened chances of a US rate hike, along with a slower pace of reforms and soon to be released domestic macro-economic inflation data, are expected to keep the Indian rupee under pressure during the upcoming week. "Over the near...
New Delhi, (IANS) : Admitting that there are visible and hidden costs in reducing cash volume in the economy, the government on Thursday announced a series of eleven measures designed to increase the pace of digital payments to usher in a cashless economy. Among the...