Airtel said it will implement 25 per cent more stringent mobile call drop benchmark of 1.5 per cent versus 2 per cent prescribed by the regulator Trai.
'The $80,000 revenue per employee we will get through quite easily.'
Accumulated sum Rs 31,500 crore in 2015-16
Government's food subsidy bill tends to rise in tandem with the MSP increase.
Government's effective supply-side measures and commendable commitment to fiscal consolidation will have a salutary impact on inflation, says the RBI report.
Sun Pharma profit down 30% over compliance costs, lower sales.
Senior bankers are trying to impress upon the central bank that the shift to external benchmark-linked lending be postponed to April 1, 2020.
The company has charted out a three step process in achieving the target
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
The government had projected the GDP growth to be at 8.5%.
Revenues rose 7.7 per cent to $1.54 billion during the review period, from $1.43 billion in the corresponding quarter last fiscal.
Industrial production (IIP) grew to a three-year high of 6.4 per cent in August, up from 4.1 per cent in July.
The agency has predicted that monsoon will also be a major factor.
The mutual fund industry also witnessed record sales.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank's CEO the following year in June.
'No private project will take off at such high interest rates'
This time, five states, including Tamil Nadu, have requested the Centre to delay the pay hikes.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
Modi sarkar will have to undertake reforms to prove its mettle.
The agency has also retained 'stable' outlook for the country's ratings.
The excise duty collection grew by 81 per cent in first quarter against the budgeted 21.7 per cent.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis. While lower fuel prices have brought respite to airlines, their non-fuel costs are rising because of rupee depreciation
The loss of income has severely dented the loan repayment ability of small borrowers
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
At Rs 18,400 per share, value up 100 times since Lehman crisis
Sensex in green, JSW climbs higher.
There are serious issues in the economy which need to be addressed
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
Bankers say outward remittances is confusing but can still be attributed to perception of stability in Indian economy.
Fresh investments are constrained by tepid demand.
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
Insufficient rainfall will have a negative impact on the economy.
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
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