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Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...- Six yrs later, migrant workers still trapped in a cycle of exploitationMigrant workers are again facing hardship. Protests erupt over low wages and poor conditions. Government policies lag behind rising costs. ...
- City gas firms race ahead on CNG, lag on home connectionsIn a booming trend, Indian city gas companies are swiftly increasing the number of CNG stations, surpassing their initial targets. Yet, the...
- PNG connection: Gas discoms to be fined for missing targetsCity gas companies may face penalties. The PNGRB is concerned about the slow pace of household connections. Many firms missed their PNG con...
- Amazon tops up India payments business with Rs 600 croreAmazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company inv...
- Ujjivan Small Finance Bank becomes eligible for universal banking license, but has no immediate plan to seek oneThe bank’s gross non-performing assets ratio stood below 3% and net NPA ratio below 1% for two consecutive years, making it entitled to app...
- Licence lag leaves Delhi eateries high & dryRestaurateurs told ET the primary stumbling block was the mandatory eating house registration certificate issued by the Delhi Police licens...
- Chinese central bank checks on licence renewalTo be sure, there are no restrictions on Chinese funds investing in Indian markets through portfolio route. However, custodian banks are he...
- Kolkata Police launches ‘Karma-Meter’ app for better public transport servicesKolkata traffic police said it has plans to bring about 1.5 lakh drivers under the Karma app programme and reach out to about 2.5 lakh scho...
- Mobile subscriber base likely to touch 696 million in 2012: GartnerMobile subscriber base in the country is estimated rise by 9 per cent to 696 million connections this year, according to technology researc...
- 2G case: Telenor may claim damages from Unitech, says Sigve BrekkeTelenor is likely to claim the cost of losing telecom licences from Unitech, its partner from whom the company is parting ways, said Sigve ...
- Banks’ exposure to telcos drops 9% in nine monthsf the total outstanding loans of Rs 90,000 crore for the telecom sector, the loans to cancelled 2G licence holders amount to Rs 10,000 cror...
- Third 2G scam chargesheet in June, probe to go abroadIt will be a month before the second supplementary chargesheet relating to two corporate groups is filed in the 2G spectrum scam case.
- Measures to increase savings would be the most important thing to look at in budget: Vaibhav Agrawal, Angel BrokingVaibhav Agrawal, VP-Research, Angel Broking, in a chat with ET Now talks about the budget and the banking outlook.
- IRDA imposes Rs 10 lakh fine on Reliance LifeIRDA has fined Reliance Life Insurance 10 lakh for paying excess referral fees and selling policies before they have been approved by the r...
- TCOM, Augere to bid for broadband wireless spectrumata Communications (TCOM, earlier VSNL) and London-based Augere, a wireless broadband services provider, will bid in the forthcoming radio ...
- Diageo India unit under DRI scannerThe Directorate of Revenue Intelligence (DRI) has started a probe into global drinks giant Diageo’s India unit, with officials searching th...
- India presses ahead with 3G spectrum sale despite crisisIndia said on Tuesday it would press ahead with an auction of airwaves to offer so-called third generation or 3G mobile phone services desp...
- Low cost Internet phone revolution beckons for IndiaThe move could ring in another big drop in calling prices, where consumers already enjoy some of the lowest telephone costs. In Pics: Nokia...
- TDSAT ruling to cut telcos’ licence outgoThe TDSAT on Thursday ruled that income from dividend, interest income on savings, capital gains and gains from foreign exchange should not...
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