Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal growth of 1.9 per cent to 294 million tonnes, rating agency Icra said on Wednesday.

Healthy volume growth in container, crude and iron ore segments was offset by the decline in coal and some other bulk cargo volumes, it said.

Mumbai: Domestic equity benchmark BSE Sensex dropped over 200 points in early session on Thursday, dragged by losses in index heavyweights Yes Bank, TCS and Infosys, amid unabated foreign fund outflow and mixed global cues.

The 30-share index was trading 206.33 points, or 0.56 per cent, lower at 36,357.55 at 0930 hours, while the broader Nifty slipped 64.65 points, or 0.60 per cent, to 10,776.

Bengaluru: Infosys Ltd, India’s second-largest software exporter by revenue, aims to reduce its high attrition levels with skilling programmes and other compensation-based incentives.

The attrition rate at Infosys was at 23.4% in April-June, up 3% from 20.4% in the previous quarter ended March.

Reliance Jio added 8.53 million subscribers in July, while incumbent operators Bharti Airtel and Vodafone Idea lost a cumulative 6 million users during the month. Apart from Jio, only state-run BSNL added users. The mobile subscriber base of Reliance Jio stood at 339.79 million at the end of July as the company added a healthy number of users.

CARE Ratings on Tuesday downgraded non-convertible debentures of Morgan Credits (MCPL) to ‘BBB-’ from ‘A-’. MCPL is one of the promoter entities of Yes Bank holding a 3.03% stake in the lender as on March 31, 2019. Data from Value Research show that debt mutual funds of Reliance Mutual Fund hold Rs 913.47 crore in debt papers issued by MPCL.

Expect another round of fight between incumbent operators Bharti Airtel and Vodafone Idea and Reliance Jio over termination charges.

The Telecom Regulatory Authority of India (Trai) on Wednesday came out with a consultation paper to review the termination charges with the aim of making it zero (Bill and keep in technical parlance) from January 2020 as per a road map laid by it two years go.

In yet another diplomatic win for India, the European Union Parliament supported New Delhi's stance on Kashmir and called Pakistan an "ambiguous" nation.

Calling India "the greatest democracy of the world," the EU pointed out that one needs to look at the number of terrorist acts that the country has faced over the years.

On the second day after the implementation of the new Motor vehicle Act (2019), Ahmedabad traffic police department issued 4595 challans to the offender and a total of Rs 28.08 lakh fine was collected by the cops for violating the rules.

According to police officials, the 4595 challans issued by cops, include both spot and e-challans. Out of the 4595 challans, 2040 were spot challan and a total of Rs8.45lakh fine recovered from the violators.

Microsoft Corp said on Wednesday its board had approved a new share repurchase programme of up to $40 billion and raised its quarterly dividend.

The company's shares rose 1.3 per cent to $140.35 in after-market trading.

Public sector miners Coal India and Singareni Collieries will dominate domestic coal production in the next 4-5 years, with commercial players likely to hold around 5-7 per cent share.

The government last month permitted 100 per cent FDI in coal mining.

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