ALSO READGovt is listening to industry on GST, says Adi Godrej GST could open up the domestic market for acquisitions: Adi Godrej News digest: Bank recap bonds, sale of stressed assets, and more News digest: Govt bank stocks on fire, RBI hails bank recap plan, and more Airtel gets Rs 2,570 crore from Infratel stake sale
Govt seeks special dividend from RBI for bank recapitalisation The government has sought a special dividend from the Reserve Bank of India (RBI) to fund a part of its Rs 2.11-lakh crore plan to recapitalise public sector banks. Read More... Start-ups line up food street with new-age menu Epigamia, RAW Pressery, Paper Boat, Veeba Foods, Fingerlix, and Chai Point — these have all made a mark by attracting millennials, who look for something trendy, something healthy. Read More... Airtel sells 4.49% stake in Infratel, raises Rs 3,325 This is to primarily be used to pare debt as the country’s largest telecom operator by market share tries to strengthen itself to fight competition from Reliance Jio and the Idea-Vodafone combine. Read More... Govt is listening to industry on GST, says Adi Godrej Adi Godrej, 75, chairman of Godrej Group, believes last week’s rate reduction pertaining to the goods and services tax (GST) announced will aid growth. Read More... Health crisis: From lifestyle disease to malnutrition Indians have gained nearly a decade of life expectancy since 1990, women more so than men, a first of its kind study released on Tuesday has revealed. Read More...