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19 November 2017, 13:53

Moody’s backs Modi reforms with rating upgrade

FM Jaitley hails upgrade after nearly14 years, says policy of higher infra spend and rural focus to continue Moody’s Investors Service on Friday raised India’s sovereign rating for the first time in 13 years, saying growth prospects have improved with ...
The Financial Chronicle, 13 min(s) ago
Also from: Business Standard, Money Control and 9 other sources

Black money: Swiss Par panel OKs auto info exchange with India

Paving the way for India to get instant access to details on Indians with Swiss accounts, a key parliamentary panel in Switzerland has approved an automatic information exchange pact between the two countries.The Commission for Economic Affairs and Taxes of ...
Business Standard, 11 min(s) ago
Also from: Prokerala, Business Standard and 3 other sources

Moody#39;s withdraws Reliance Communication#39;s corporate family rating on #39;default#39

"Moody#39;s has today withdrawn Reliance Communications#39; (RCom) Ca corporate family rating (CFR) and its negative outlook.
Money Control, 13 min(s) ago
Also from: Deccan Herald, Business Standard and 1 other source

Govt seeks Rs 13,000-cr surplus from RBI

In August, the RBI had paid a dividend of Rs 30,659 crore for the fiscal ended June 2017. It was less than half the Rs 65,876 crore it had paid in 2015-16 Press Trust of india Last Updated at November 19, 2017 13:29 IST The government has not asked the ...
Business Standard, 13 min(s) ago
Also from: Reuters, Sify and 1 other source

Larsen & Toubro wins Rs 8,650 crore contract for building Mumbai Trans Harbour Link

The Mumbai Trans Harbour Link project involves construction of 21.8 km bridge connecting Mumbai mainland with Navi Mumbai. While L&T has secured Package 01 of the contract jointly with IHI Corporation, Japan, it will complete undertake work under Package 03 ...
Money Today, 13 min(s) ago
Also from: Business Standard

Bad news for Anil's RCom

Rating agency Moody's said on Friday it has withdrawn its credit rating on Reliance Communications, as it considers the Indian telecom operator to be in default for missing an interest payment on its bonds that was due last week. Debt-laden Reliance ...
MSN India, 3 hour(s) ago
Also from: Business Standard, Sify

Bharti Airtel signs deal with Ericsson for strategic partnership on 5G technology

As part of the partnership with Airtel, Ericsson will work with Bharti Airtel on creating a strategic roadmap for evolution of the network to the next-gen 5G technology, Mirtillo said. Ericsson is already a vendor to Bharti Airtel in areas like managed ...
Money Today, 13 min(s) ago
Also from: Prokerala, SME Times

Infosys set to open Rs 13,000 crore share buyback on Nov 30

Some of the founders and high-profile former executives associated with Infosys have been calling for share buyback for quite some time now so that the surplus capital with the company could be returned to shareholders. Now the first ever share buyback in the ...
MSN India, 34 min(s) ago
Also from: Prokerala, Business Standard and 1 other source

Cannot spell out what happened due to UPA indecision on Rafale: Nirmala Sitharaman

Defence Minister Nirmala Sitharaman today slammed the previous UPA government for not taking a decision on the Rafale fighter jet deal for about 10 years and said she could not spell out in detail what happened due to the delay as it involved the nation#39;s ...
Money Control, 1 hour(s) ago
Also from: Prokerala, Money Control and 1 other source

2020 - the year cars in India starts going electric

Though government of India has envisaged the deadline of year 2030 to go for all electric vehicles (EV), it the year 2020 which is going to the landmark when many of the automobile manufacturers operating in India will begin rolling out their pure electric ...
DNA, 13 hour(s) ago
Also from: Prokerala, Business Standard and 2 other sources

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