- No blanket crypto trading ban yet in India(13:18)
New Delhi, July 20 (IANS) Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified.
- Govt puts greenshoe option of Rs 11,500 cr, CPSE ETF subscribed 5 times(11:50)
New Delhi, July 20 (IANS) The sixth tranche of Central Public Sector Enterprise (CPSE) Exchange Traded Fund (ETF) was subscribed 5 times on Friday, even as the government exercised the greenshoe option to raise Rs 11,500 crore and the institutional and retail investors put in bids worth Rs 40,000 crore.
- Financial architecture as the underpinning for BIMSTEC policy (Column: Behind Infra Lines)(09:08)
By Taponeel Mukherjee
Indias push towards further strengthening the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) fits well with the objective of Indian economic growth. Growth of the economic region surrounding India, with India taking the lead is critical. The "Economic Cooperation" aspect of BIMSTEC is one in which India can contribute significantly by helping to create the financial architecture that will lay the foundation of an economically viable framework for BIMSTEC nations to all benefit from.
- Urban poor in Telangana need no permission to build house(00:26)
Hyderabad, July 20 (IANS) Construction of ground plus one floor house in an area up to 75 square yards in Telangana's urban areas will no longer require permissions from local bodies, providing a big relief to urban poor.
- RJio pips Airtel to be India's 2nd largest mobile operator(22:46)
New Delhi, July 19 (IANS) India's newest and only profitable telecom operator Reliance Jio Infocomm Ltd. of three years has overtaken oldest incumbent and rival Bharti Airtel to become the second largest operator in terms of mobile subscriber base, data from the Telecom Regulatory Authority of India showed on Friday, showed. As of May end, Jio had 32.29 crore users as against Airtel's 32.03 crore users.
- Extra Budget borrowings may shoot up in FY20(22:44)
New Delhi, July 19 (IANS) With an effort to keep the fiscal deficit within the budgeted limits without cutting expenditure, the off-Budget borrowings or Extra Budgetary Resources (EBRs) of the government may rise in the current fiscal where the funds would be spent more on social welfare and infrastructure projects.
- AICTE Chairman stresses on industry-academia partnership(21:18)
Kolkata, July 19 (IANS) It is the responsibility of the industries to associate themselves with academic institutes throughout the year to enhance employability and teachers should be well equipped for the holistic development of the students, AICTE Chairman Anil Dattatraya Sahasrabudhe said here on Friday.
- Metro Phase-IV: DDA clarification sought on funding(21:00)
New Delhi, July 19 (IANS) The Supreme Court on Friday asked Delhi Development Authority (DDA) to clarify its stand on Environment Pollution Control Authority (EPCA) proposal for increasing its financial contribution in three priority corridors of the Delhi Metro project.
- RJio tower unit to get Rs 25k cr from Brookfield, other investors(20:04)
Mumbai, July 19 (IANS) Reliance Industrial Investments and Holdings Ltd. (RIIHL) has entered into an agreement with BIF IV Jarvis India Pte Limited, an affiliate of Brookfield Asset Management Inc for an investment of Rs 25,215 crore in Reliance Jio lnfratel Pvt. Ltd. (RJIPL).
- Reliance Jio's standalone Q1 net profit up 45.6%(20:02)
Mumbai, July 19 (IANS) Telecom major Reliance Jio Infocomm, on Friday reported a 45.6 per cent increase in its standalone net profit for the quarter-ended June 30 of the financial year 2019-20, on an year-on-year basis.
- ED attaches Rs 3.10 crore of Devas Multimedia(19:22)
New Delhi, July 19 (IANS) The Enforcement Directorate (ED) has attached properties worth Rs 3.10 crore of Devas Multimedia Pvt Ltd (DMPL), Bengaluru, under the Prevention of Money Laundering Act (PMLA) regarding a case where the company promised to deliver multimedia services to the ISRO and its commercial arm Antrix Corp Ltd.
- RIL Q1 consolidated net profit up 6.8% to Rs 10,104 cr(19:18)
New Delhi, July 19 (IANS) Reliance Industries Ltd (RIL) on Friday reported 6.8 per cent increase in its consolidated net profit for the quarter ended June 30 of financial year 2019-20, on a year-on-year (YoY) basis.
- IndiGo's Q1 net profit rises to Rs 1,203 cr(17:36)
Mumbai, July 19 (IANS) InterGlobe Aviation Ltd-owned India's biggest airline by market share, IndiGo, on Friday posted its highest ever quarterly net profit at Rs 1,203 crore for the first-quarter of 2019-20.