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Short payment time frame for AGR dues may dent telecom industry structure:
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 2 (ANI): The relatively shorter payment timeframe for telecom operators to repay AGR dues exerts additional pressure on their cash flows and necessitates sizeable average revenue per user (ARPU) increase that can have an impact on the industry structure, according to i
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Karnataka Chief Minister B.S. Yediyurappa appeals American companies to in
Updated : 5 years, 6 months ago IST
Bengaluru (Karnataka) [India], September 2 (ANI/NewsVoir): The Karnataka state government in partnership with US-India Business Council (USIBC) held a virtual delegation meeting yesterday with American Business houses to attract trade and investments to the state of Karnataka.
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VC investment in fintech remains robust as M&A activity stalls: KPMG
Updated : 5 years, 6 months ago IST
New Delhi [India], September 2 (ANI): India continued to see solid fintech investment in the first half of current calendar year despite Covid-19 with total investment activity at 1.05 billion dollars, global professional services firm KPMG said on Wednesday.
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Liquidity surplus but contracts with gradual unlocking of economy: Ind-Ra
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): The system liquidity though still in surplus territory contracted to average Rs 3.5 lakh crore in July from above Rs 5 lakh crore in June, India Ratings and Research (Ind-Ra) said in its latest edition of credit market tracker.
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Rs 25,215 cr Reliance Jio-Brookfield tower deal gets all regulatory approv
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 1 (ANI): Reliance Industries said on Tuesday that all approvals have been obtained for a Rs 25,215 crore Brookfield tower deal a year after it was announced.
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India aims to achieve 100 MT coal gasification target by 2030: Pralhad Jos
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): Union Minister of Coal and Mines Pralhad Joshi on Monday said that India is aiming to achieve for 100 million tonnes (MT) coal gasification by 2030 with investments worth over Rs 4 lakh crore.
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European Investment Bank to invest EUR650 million in Kanpur metro rail pro
Updated : 5 years, 6 months ago IST
Kanpur (Uttar Pradesh) [India], Aug 31 (ANI): The European Investment Bank (EIB), the EU Bank, are set to invest EUR650 million into the construction of Kanpur's first city metro line which will enable around 3 million people in the city to benefit from fast and affordable public transport.
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GDP shrinks by 23.9 pc in Q1, worst economic contraction in four decades
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21), marking the first contraction in more than 40 years as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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Small and gated societies new magnet for potential investors in post COVID
Updated : 5 years, 6 months ago IST
Gurugram (Haryana) [India], Aug 31 (ANI/NewsVoir): As the Indian real estate market is now improving at a steady pace and potential buyers are more inclined to own a home in gated societies in view of the small group being more suitable for a standard living in new normal, Elante Group ha
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ICRA reaffirms Aster DM Healthcare's rating, enhances limits
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): Investment information agency ICRA has reaffirmed Aster DM Healthcare's ratings on various financial instruments worth Rs 266 crore at A-minus and A2-plus, and assigned them for enhanced limits.
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ASEAN, 8 other countries call for strengthening regional supply chains
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): Economic ministers from the 10 ASEAN member states and eight other countries including India have underscored the importance of strengthening regional supply chains to make them resilient and less vulnerable to shocks besides advancing sustainable economic gr
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