Search Results for: regulator

Govt plans to merge loss-making state telecoms firms BSNL and MTNL; here's why

The two carriers have struggled to win customers at a time Reliance Industries' telecoms' upstart Jio and rival Bharti Airtel and Vodafone Idea have rolled out 4G services and cut prices on voice and data.

Oct 23, 2019

Interview with President & CEO of IMA, Jeffrey Thomson

IBTimes Exclusive: CEO of 100-year-old accounting institute shares golden tips for finance professionals

Here's our exclusive interaction with President & CEO of IMA (Institute of Management Accountants), Jeffrey Thomson, discussing the scope of finance professionals in India.

Oct 21, 2019

Reliance Industries becomes first Indian firm to hit Rs 9 lakh cr market cap ahead of Q2 results

The surge in market capitalisation and share prices comes ahead of the company's second-quarter results to be announced later in the day.

Oct 18, 2019

Will likely spectrum price cut help telcos avoid plight of aviation sector?

Telcos have been urging the government to cut 5G spectrum base price ahead of the proposed auction; the sector has been facing financial stress caused by high operating costs and low profitability amid intense competition.

Oct 15, 2019

Will slugfest of Vodafone, Jio and Airtel over ring duration affect your calls?

Trai intervenes after bare-knuckle slugfest breaks out over mismatch of interconnect usage charges after Jio cuts ringer duration hitting Vodafone-Idea and Airtel revenues.

Oct 2, 2019

Signs of revival? FPI invests Rs 7,850 crore into stock market in September

The news has come as a major relief for the government as FPIs were net sellers in July and August.

Oct 1, 2019

Should RBI's regulatory action on Lakshmi Vilas Bank worry erring lenders?

Lakshmi Vilas Bank became second major private lender to get the rap under 'prompt corrective action' framework of the RBI, after the action against PMC Bank.

Sep 29, 2019

Customers panic after RBI intervention in PMC Bank

Explainer: What is PMC Bank and why are the customers panicking?

RBI has capped withdrawals to Rs 1,000 for six months to prevent a run on the bank; authorities are probing major accounting issues.

Sep 25, 2019

US shelves sale of MDH sambhar masala for salmonella contamination

The family-run company did not immediately respond to phone calls and emails seeking more details.

Sep 12, 2019

No more Vande Bharat coaches to be manufactured this fiscal due to high energy consumption

Indian Railways' plan to manufacture 40 additional trains by March 2022 remains on track.

Sep 10, 2019

British Airways cancels nearly all flights due to pilots' 48-hour strike

British Airways has stated that the strike action is unjustifiable as its pay offer was fair.

Sep 9, 2019

Satyam scam: SAT quashes 2-year audit ban on PwC in major setback for SEBI

Satyam Computer Services founder B Ramalinga Raju had publicly admitted to large-scale financial manipulations to the tune of over Rs 5,000 crore in the company's books.

Sep 9, 2019

IndiGo promoters' differences threaten services

IndiGo eyes more UAE, Saudi flights as part of Middle East expansion

IndiGo had earlier said that 50 per cent of its expansion in 2019 will be from international growth.

Sep 4, 2019

IDBI bank gets fresh lifeline as cabinet approves ₹9257 crore infusion

Notably, the proposed money will be released as a part of the government's plan to recapitalise the national banks with a fund infusion of Rs 70,000 crore in the current financial year.

Sep 3, 2019

IndiGo AGM: Amendment of Articles of Association, re-appointment of M Damodaran in focus

The feud came to the fore in July when Bhatia wrote to Sebi seeking its intervention in addressing alleged corporate governance lapses in the company.

Aug 26, 2019

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