Regulatory nod for bad bank

Mumbai, January 28 The National Asset Reconstruction Company (NARCL) or bad bank has received all approvals to commence operations, and a total of 38 NPA accounts worth Rs 82,845 crore have been identified to be transferred to NARCL initially, SBI Chairman Dinesh Khara said on Friday. The transfer of 38…

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Budget 2022: Incentivise horticulture exports; build its competitiveness through infra at ports, railways

Budget 2022: Incentivise horticulture exports; build its competitiveness through infra at ports, railways Read More | Source: Firstpost…

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Google to invest $1 billion in Airtel

New Delhi, January 28 Google will invest as much as $1 billion (approx. Rs 7,500 crore) in Bharti Airtel and pick up 1.28 per cent stake and in scaling up offerings of India’s second-largest mobile phone operator, the telecom major said today. Alphabet Inc’s Google will pay $700 million (Rs…

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Beijing concern over DRI raids on Xiaomi, Oppo

New Delhi, January 28 Beijing has expressed concern over the raids earlier this month on Chinese mobile phone companies in India and sought a “fair, transparent and non-discriminatory environment” for Chinese enterprises. The concern over the “business environment” in India by Gao Feng, spokesperson of the Ministry of Commerce, was…

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SC stays Madras HC order admitting winding up petition against SpiceJet by company court

New Delhi, January 28The Supreme Court on Friday stayed for three weeks the Madras High Court that had upheld an order of company court admitting the winding up petition against SpiceJet and had directed the official liquidator to take over the assets of the beleaguered airline.A Bench led by Chief…

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Google to invest USD 1 billion in Airtel; to buy 1.28 per cent stake for USD 700 million

New Delhi, January 28 Internet major Google will invest USD 1 billion in telecom major Bharti Airtel which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years. Google made the…

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Gold price for today: 10 grams of 24-carat valued at Rs 49,640; silver costs 63,200 per kilo

Gold price for today: 10 grams of 24-carat valued at Rs 49,640; silver costs 63,200 per kilo Read More | Source: Firstpost…

View More Gold price for today: 10 grams of 24-carat valued at Rs 49,640; silver costs 63,200 per kilo