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February 26, 2021
GoAir to relocate domestic flight operations at Mumbai to T1 GoAir recorded a load factor of 64.9% during January (REUTERS) Share Via Read Full Story NEW DELHI: No-frills carrier GoAir will shift its entire domestic flight operations in Mumbai to Terminal 1 (T1) from 10 March. All international flight operations of the airline in the city will take place from Terminal 2 (T2), the airline said in a statement. The Wadia Group-controlled airline said it will continue to carry out the enhanced cle...
February 26, 2021
How much a house costs in Pune Premium You can claim tax benefits on home loan for both principal repayment and the interest paid. Photo: iStock 1 min read Our compilation of property prices of prominent localities in major cities and surrounding areas across India may help you compare and make an informed decision Here are prices of some properties in price bands of below ₹50 lakh, ₹50-75 lakh, and above ₹75 lakh Share Via Read Full Story A house is probably the biggest spend for most...
February 26, 2021
Brokerage firms, rating agencies differ over FY22 NBFC outlook Moody’s affiliate rating agency said that it expects non-performing assets of NBFCs to increase to 5.6-6.3% of loans at the end of March 2022 from 4.6% at the end of fiscal year 2020 (Ramesh Pathania/Mint)Premium Share Via Read Full Story Brokerages and rating agencies differ over the outlook of the non-banking finance sector as it recovers from the after-effects of the covid pandemic. According to rating agency ICRA, the stress ...
February 26, 2021
Trump returns with a flourish to CPAC, where all voices echo his Premium (AP) . Updated: 26 Feb 2021, 03:48 PM IST Bloomberg Trump will reassert himself as the Republican Party’s undisputed leader with a weekend speech to conservatives that highlights the disconnect between his most loyal supporters and those who want to find a new standard-bearer after the attack on the US Capitol Share Via Read Full Story Former President Donald Trump will reassert himself as the Republican Party’s undi...
February 26, 2021
Made-in-India microblogging platform Koo said the new guidelines will help clarify the responsibilities of intermediaries.The government has tightened rules governing social media and streaming companies
February 26, 2021
Stocks to Watch: Bharti Airtel, Indiabulls HFC, Ashok Leyland, DHFL, RailTel Top 10 stocks that could be in news today. (Photo: iStock)Premium 1 min read Share Via Read Full Story Bharti Airtel: The telecom operator will conduct an extraordinary general meeting 19 March to seek the approval of board members on the proposal of issuance of equity shares of the company on preferential basis through special resolution. The company had raised $1.25 billion overseas, it said on Thursday. Indiabulls H...
February 26, 2021
Maharashtra: Covid testing in Nagpur tripled amid surge in cases, says minister A health worker collects swab samples from a man at the COVID19 testing center (ANI)Premium Nagpur had on Thursday recorded 1,116 fresh cases of coronavirus and 13 more casualties Share Via Read Full Story Amid massive spurt in novel coronavirus cases across Maharashtra, Nagpur districts Covid-19 testing has tripled to over 10,000 tests per day, according to a minister. Addressing the media after a review meeting w...
February 26, 2021
India Q3 GDP: Five things to watch out for Premium The ratio of currency in circulation to GDP takes into account the size of the Indian economy. 2 min read Share Via Read Full Story NEW DELHI: The Indian economy, devastated by the coronavirus pandemic, is expected to have returned to growth trajectory in the December quarte, data for which will be released by the National Statistical Office (NSO) later on Friday. In the June quarter, Indias GDP growth contracted for the first time in more than...
February 26, 2021
RailTel Corp shares list at a premium, up over 20% RailTel is a central public sector enterprise under the administrative control of the Ministry of Railway.Premium 1 min read IRCTC shares were also trading higher Share Via Read Full Story Shares of RailTel listed at a premium on exchanges today. At 10:27 am, shares were up 20% at ₹115 as compared to issue price of ₹94. The IPO of RailTel was subscribed over 42 times and it had a price range of ₹93-94 per share. The ₹819 crore IPO ...
February 26, 2021
IIFL Finance to raise up to ₹1,000 crore through NCDs According to IIFL Finance, this rate of 10.03% will be locked in for 87 months and is thus provide an advantage against interest rate fluctuations in future.Premium 1 min read Share Via Read Full Story Mumbai: Non-bank lender IIFL Finance on Friday said it will open a public issue of bonds on 3 March 2021, to raise up to ₹1,000 crore, to fund business growth and bolster its capital position. The Fairfax and CDC Group backed IIFL Financ...