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Tobacco industry braces for impact as Dr. Harshvardhan takes over
Business, Market News, Markets - June 3, 2019

Tobacco industry braces for impact as Dr. Harsh Vardhan takes over

Dr Harsh Vardhan has been re-elected as a part of Prime Minister Narendra Modi’s Cabinet. During his last tenure as a cabinet minister, Dr Vardhan was responsible for three ministry...
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corporate tax rate cut
Business, Market News, Markets - June 3, 2019

Reliance Capital aims to reduce debt by Rs. 10,000 crores

On 18th May 2019, Reliance Capital Ltd (RCL) announced their plans for monetizing its assets worth of Rs. 10,000 crores in order to reduce their more than 50% of debt...
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IREDA Q3FY25: Robust Loan Growth, Improved Asset Quality YoY, PAT Up 27%
Automobile News, Autos, Market News, Markets - June 2, 2019

Maruti Suzuki looks to harness solar power at Gurugram plant

On 29th May 2019, Maruti Suzuki India Ltd made a public announcement on harnessing solar power to meet its energy needs. The company is planning to invest Rs. 24 crores...
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STL Networks’ Shares Jump on ₹360 Crore PowerGrid Teleservices Contract
Business, Market News, Markets - June 2, 2019

Airtel gains ARPU but lose valued customers due to this scheme

India's largest telecom operator reported an increment of over 18% in its Average Revenue Per User (ARPU). The ARPU rose from ₹104 Q3FY18 to ₹123 Q4FY19. The jump in the...
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Tata Power Supercharges India’s Green Goals with Bold Investment Drive
Business, Market News, Markets - June 1, 2019

ADAG on selling spree. Radio gone what next

On 23rd May 2019, Anil Ambani had signed an agreement with Nippon Life Insurance to exit Reliance Nippon Life Asset Management Limited (RNAM). Reliance Capital is going to receive about...
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SpiceJet Soars to Profit: Q4 Surge Delivers First Annual Gain in Seven Years
Business, Market News, Markets - June 1, 2019

Jet Airways asked to open the closet. Lenders ask auditors to make Audit report public

Ernst & Young (E&Y) was asked by the lenders’ consortium to carry out a forensic audit of Jet Airways books in April 2019. The audit report was not made public...
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https://www.equityright.com/bel-bags-fresh-defence-orders-worth-%e2%82%b9585-crore-expands-strategic-focus/
Business, Economy, Market News, Markets - June 1, 2019

Crude in trouble. Worries for India as US sanctions rogue nations

The never-ending saga of the US sanction on Iran and Venezuela has taken hit on the crude oil prices in the last year. China and India are the largest importers...
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Equity Right Ola Financial Services
Banking, Business, Market News, Markets - May 31, 2019

SFPL gives up NBFC dreams. Renounces the licence

Mr Dilip Shanghvi's investment company Shanghvi Finance Pvt Ltd (SFPL) has surrendered their NBFC license. The investment company is a unit of Dilip Shanghvi Group. The group is also responsible...
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Equity Rght
Business, Market News, Markets - May 30, 2019

Tech Mahindra collaborates with MKI to address the shortfall of SAP-skilled workforce

On 28th May 2019, Tech Mahindra publicized its alliance with Mitsui Knowledge Industry (MKI). The collaboration is in order to develop next-generation digital enterprise solutions, in the Japanese market. Tech...
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BIG casualty. ADAG to sell Radio Unit
Business, Market News, Markets - May 29, 2019

BIG casualty. ADAG to sell Radio Unit

Anil Ambani is on a mission to save his debt-laden company, sells another unit of the company. Reliance Capital Group has divested its entire stake in the radio network Big...
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