finance

Sharp fall in interest rates and rise in revenues leads to a sharp improvement in interest coverage

 A sharp decline in interest rates and an increase in revenues led to a sharp improvement in interest coverage or the ability to service debt for most…

Rajasthan becomes 6th State to complete ease of doing business reforms ; Additional borrowing permission of Rs. 2,731 crore issued

Additional borrowing permission of Rs.19,459 crore granted so far to 6 States for ease of doing business reforms.

Rajasthan has become the 6th State…

Wipro’s buyback programme to commence on December 29 and close on January 11, 2021

Wipro has announced that it’s up to Rs 9,500-crore share buyback programme will start on December 29 and close on January 11, 2021.

"...the…

Delayed payments: MSMEs see 74% jump in rejected applications involving this much amount since March

Credit and Finance for MSMEs: The applications that MSEs have filed for delayed payments, are examined by MSEFC of the same state where the enterprise…

Income Tax Department conducts searches in Guwahati

Income Tax Department started a Search and Survey action on 22.12.2020 in the cases of three leading contractors of North Eastern India. One of the…

Budget of Department of Agriculture & Farmers’ Welfare has gone up more than six times in the past six years: Hardeep S Puri

Procurement of paddy at MSP in Punjab has been 25 percent more than last year Over Rs 1,10,000 crore transferred directly to the accounts of farmers through…

Centrum Housing in a share purchase agreement with finance arm of Central Bank of India

Centrum Housing Finance Limited, a subsidiary of Centrum Capital limited has entered into a Share Purchase Agreement with Central Bank of India (CBoI)…

Indian government could impose anti-dumping duty on certain type of steel products from few countries including Japan and Korea for five years

In order to guard domestic players from cheap imports as the Commerce Ministry has recommended for the same, the Indian government may impose anti-dumping…