Business advisory
BIZ-OIL-TELECOM-DUES
Oil India to move TDSAT against DoT seeking Rs 48,489
New Delhi: State-owned Oil India is likely to move the TDSAT this week against the telecom department, seeking about Rs 48,500 crore in past dues on the surplus bandwidth capacity it had leased to third parties, its Chairman and Managing Director Sushil Chandra Mishra has said.
BIZ-COS-GDR-IFSC
Govt allows cos to list global depository receipts at IFSC
New Delhi: Indian companies now have the option to list their global depository receipts at the international financial services centre in Gujarat, with the government amending the rules.
BIZ-MARUTI SUZUKI
Will not just defend market share but also charge at competition: Maruti Suzuki MD
New Delhi: The country's largest car maker Maruti Suzuki India (MSI) will not only defend its market share but also "charge" at and "chase" competitors in the wake of newcomers, such as Kia and Chinese players, intensifying competition, according to a top company official.
BIZ-POWER DISCOMS-DUES
Discoms' outstanding dues to power gencos rise nearly 50 pc to Rs 88,177 cr in Dec
New Delhi: Power producers' total outstanding dues owed by distribution firms jumped nearly 50 per cent to Rs 88,177 crore in December 2019 over the same month previous year, reflecting stress in the sector.
BIZ-MARKET-OUTLOOK
Global trends to dictate markets in holiday-shortened week: Analysts
New Delhi: With no key events due in a holiday-shortened week, markets would take cues from global trends and would also track developments related to coronavirus that has dampened investor sentiment, say analysts. BALBAL