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  • BSNL waives installation charges for fixed line services

    19 July, 2017 3:06 PM 17

    State—owned telecom firm BSNL today waived installation charges for fixed line services, which are in the ₹ 600—850 range, for new connections across the country. The company will also give 100 per cent cash back on purchase of WiFi enabled broadband modem by customers opting for plans of monthly rental of ₹675 and above. In a statement, BSNL announced

  • Birth of an oil giant: Six reasons why HPCL-ONGC deal is important

    19 July, 2017 2:49 PM 26

    NEW DELHI: Just a few months after Finance Minister Arun Jaitley announced creating an oil behemoth in his budget speech in February, the Union Cabinet today approved the plan to sell government's 51 per cent stake in state-refiner HPCL to explorer ONGC. 1. Mergers and consolidation of state-owned companies are the only way to create an oil giant. HPCL-ONGC

  • Rs 20 notes in Mahatma Gandhi 2005 series to be out soon: RBI

    19 July, 2017 1:47 PM 22

    The Reserve Bank of India will shortly issue bank notes of denomination Rs 20 in Mahatma Gandhi series 2005 that will be similar in design to those currently in circulation. The new notes will be bearing inset letter 'S' in the number panel and signature of Governor Urjit R Patel, the RBI said in a notification on Wednesday. Both the number panels will have inset

  • Cabinet approves selling 51% stake in HPCL to ONGC

    19 July, 2017 1:32 PM 23

    The Union Cabinet on Wednesday approved plan to sell government's stake in state-refiner HPCL to explorer Oil and Natural Gas Corporation, in a bid to create oil giants to compete with global rivals. The Cabinet in a meeting approved selling 51 per cent stake in HPCL to ONGC and the deal is expected to be completed within one year. The deal will be exempted

  • BSNL offers waiver of landline installation charges

    19 July, 2017 1:31 PM 27

    The customers who outrightly purchase the ADSL WiFi modem from BSNL at Rs 1,500 will be offered Rs 50 cash back per month for maximum 30 months, the BSNL said in a statement. New Delhi: The BSNL on Wednesday said it has decided to waive off installation charges for new landline/wireline broadband/fibre-to-the-home (FTTH) connections in all circles

  • 210 government sites found displaying Aadhaar details: PP Chaudhary

    19 July, 2017 1:14 PM 19

    NEW DELHI: About 210 websites of the central and state government departments were found to be displaying personal details and Aadhaar numbers of beneficiaries, Parliament was informed today. "UIDAI (The Unique Identification Authority of India) has taken note of the same and is regularly monitoring the status to get the Aadhaar data removed from the said websites

  • AIR earns Rs 10 crore from PM Modi's 'Mann Ki Baat' in last 2 fiscals

    19 July, 2017 12:36 PM 22

    Launched on October 3, 2014, Modi addresses the nation every month in 'Mann Ki Baat' programme. Prime Minister Narendra Modi's monthly radio address 'Mann Ki Baat' has generated a revenue of about Rs 10 crore for the All India Radio (AIR) in the last two fiscals, the Lok Sabha was informed today. In 2016-17, the renenue was to the tune of Rs 5.19 crore

  • Buy Jubilant Food Works; target of Rs 1405: HDFC Securities

    19 July, 2017 12:30 PM 20

    JFL’s net revenue was up 11.5% YoY at Rs 6.8bn, higher than our expectation of 7%. EBITDA and PAT increased by 38% and 26% YoY, respectively. JFL’s strong 1QFY18 performance has delivered on time after stock was under pressure on consistent weak performances. SSG at 6.5% (our expectation 3%) was much better than -7.5/-3.2% in 4QFY17/ 1QFY17 respectively

  • Aviva to sell life insurer Friends Provident International for $443 million

    19 July, 2017 8:59 AM 26

    London: Aviva, Britain`s biggest life insurer, said it would sell Friends Provident International (FPIL), which provides life assurance and investment products in Asia and the Middle East, to a unit of International Financial Group for 340 million pounds ($443 million). The sale, which follows a strategic review, will allow Aviva to further reallocate

  • Buy PC Jeweller, NIIT Technologies, Muthoot Finance: Sudarshan Sukhani

    19 July, 2017 8:53 AM 21

    Sudarshan Sukhani of recommends buying PC Jeweller, NIIT Technologies and Muthoot Finance. Sudarshan Sukhani of told CNBC-TV18, "Midcaps are slowly coming out of that four to five day rut, so, midcaps are the focus. PC Jeweller is a buying opportunity. We can on a larger frame, we can consider as part of the FMCG consumer