Page 310 - Bs Reporter

Sebi penalises LIC, BoB and SBI for failing to pare stake in UTI MF

IPO in the first week of September to ensure compliance

Tata Power consolidated profit before tax falls 31% in June quarter

During April-June, the firm reported a total income of Rs 6,540 crore as compared to Rs 7,874 crore in the year-ago quarter

Deutsche Bank infuses Rs 2,700 cr into India operations for expansion

This is the second time in less than two years that the bank has infused money into local operations consisting of 17 branches, after the Rs 3,800 crore investment in early 2019

Tata Power announces merger of three wholly-owned subsidiaries with itself

The company said the merger is part of a strategic initiative to simplify the group holding structure and a broader plan to set the company for future growth through fiscal consolidation

Graphite India reports pre-tax loss of Rs 80 cr in Q1 on lower volumes

Graphite India registered consolidated net sales of Rs 409 crore, EBITDA loss of Rs 63 crore

A people's poet signs out: Rahat Indori dies during Covid-19 treatment

Indori was admitted to the hospital in the morning after testing positive for Covid-19, but later succumbed to a cardiac arrest

Former PM Manmohan Singh lists three-step solution for economic crisis

First of the three immediate steps is to "ensure people's livelihoods are protected and they have spending power through a significant direct cash assistance"

Market regulator cracks whip on front runners at Reliance Securities

Front running is a term used to describe a broker, or any other entity, carrying out trades based on foreknowledge of a big transaction to be placed

Muktangan children shine, braving the Covid-19 pandemic

Time for top corporates to increase philanthropy budget

Telecom can't afford duopoly: Jindal asks govt to ensure Voda Idea survives

Vodafone Idea's net worth has completely eroded and it faces Rs 58, 254 crore adjusted gross revenue liability

Asset quality a worry for lenders despite shrinking moratorium book: Icra

Loan restructuring could postpone recognition of stress in the lender book in the near-term, but high share of such assets would be a credit negative, Icra said

Mindspace REIT IPO sees 13 times more demand than shares on offer

Mindspace REIT has already allotted units worth Rs 2,644 crore to anchor investors

NIIF, DP World joint venture to invest Rs 1,000 cr in Mumbai's NSBP FTZ

NSBP, a special purpose vehicle, is a co-developer for the Jawaharlal Nehru Port Trust (JNPT) SEZ

Sebi extends deadline to file Q1 numbers for Indian firms by a month

News date set at Sept 15; Sebi has also extended compliance deadline for submission of annual system audit and redressal of investor grievances

Mindspace Business Parks REIT IPO fully subscribed a day before close

The price band for the REIT offering is Rs 274-Rs 275 per unit

RBI likely to slash policy rates by 100 bps in FY21: BofA Securities

That apart, they expect the government's overall fiscal deficit to rise

Avra Laboratories gets regulatory approval for Covid-19 drug Favipiravir

The company said the drug is cheaper than alternatives and would be supplied to Cipla for the launch of Ciplenza, the generic version of Favipiravir

Insolvency law caused rift with govt: Former RBI governor Urjit Patel

Instead of future-proofing gains, atmosphere to go easy on the pedal ensued, says his book

From Sukh Ram to Mukesh Ambani, here're the men who changed telecom

With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible

Missed call to free call: The 25-year journey of India's telecom industry

On July 31, 1995, mobile telephony began in India at Rs 16.80 a minute peak tariff. Now, most local voice calls are free, a market which has the largest subscriber base in the world after China