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No cheap thrills: TV subscription bill may go up for most users, says report

No cheap thrills: TV subscription bill may go up for most users, says report

The Trai’s new regulatory framework for broadcasting and cable services industry, which the regulator said is intended to bring in more transparency and uniformity as well as offers greater freedom of choice to viewers, is expected to increase the monthly TV bills of majority of subscribers by around 25%, ratings agency Crisil said in a report.

Telcos seek adjustment of around Rs 35,000 crore of excess GST credit

Telcos seek adjustment of around Rs 35,000 crore of excess GST credit

Reeling under severe financial stress, the telecom industry has once again approached the government seeking relief in the form of adjusting around Rs 35,000 crore worth of excess GST credits in lieu of deferred-payment obligations, licence fee and spectrum charges. As per the incumbent telecom operators, over the past couple of years, their capex has increased tremendously but revenues have come down by over 30%, which has created a mismatch in output liability and input credit.

Delhi records first dengue case of 2019, viral fever cases rise

Delhi records first dengue case of 2019, viral fever cases rise

After almost a month of no cases, Delhi reported a dengue case in the last week of January 2019, first of the year as per the latest Municipal Corporation report on vector-borne diseases. As per the earlier reports from the year, no cases of malaria, dengue or chikungunya were reported in the first three weeks. Malaria and chikungunya still have not seen any cases this year.

Air India apologises after passenger finds cockroach in food served during flight

Air India apologises after passenger finds cockroach in food served during flight

Two days after one of its passengers found a cockroach in the food served aboard a Bhopal-Mumbai flight, Air India on Monday apologised and said it has initiated "corrective action internally".

"We sincerely apologise for the incident where our valued pax (passenger) had a disappointing experience with the meal served on board our Bhopal-Mumbai flight.

Rupee opens 10 paise higher against US dollar

Rupee opens 10 paise higher against US dollar

The rupee on Tuesday opened 10 paise higher at 71.70 against the US dollar ahead of three-day RBI's monetary policy meeting, that starts later in the day today.

The domestic unit on Monday dropped by 55 paise to close at 71.80 to the US dollar, the lowest level since December 17. This was the second straight session of loss for the domestic unit, during which it lost a total 72 paise.

Flipkart billionaire Binny Bansal breaks his silence after Walmart ouster

Flipkart billionaire Binny Bansal breaks his silence after Walmart ouster

It’s been less than three months since Binny Bansal’s shock ouster from Flipkart, the e-commerce giant he founded over a decade ago. The entrepreneur once celebrated for jumpstarting India’s internet retail industry is now dedicating himself to helping other founders get their startups off the ground.

Bansal, who departed after Flipkart’s new owner Walmart Inc. investigated alleged personal misconduct, is now focused on xto10x Technologies, a startup he co-founded with former colleague Saikiran Krishnamurthy. It’s aimed at helping entrepreneurs navigate the often-tricky Indian startup scene.

How about LIC Bank? With insurer as new owner IDBI Bank wants name change

How about LIC Bank? With insurer as new owner IDBI Bank wants name change

With the Life Insurance Corporation of India (LIC) picking up 51 per cent stake in IDBI Bank, the lender's board wants to change its name to LIC IDBI Bank or LIC Bank.

The bank informed BSE that the board, at its meeting held on February 4, has approved a proposal for change of name of IDBI Bank.

NTPC to challenge Rs 2,000-crore arbitration award to Jindal ITF

NTPC to challenge Rs 2,000-crore arbitration award to Jindal ITF

State-owned power producer NTPC Ltd (National Thermal Power Corporation Limited) said it would “take up legally” the arbitration tribunal’s order against it to shell out over Rs 2,000-crore to Jindal ITF in interest payments.

Jindal ITF is a subsidiary of Jindal SAW.

Sensex drops over 100 points; bank, auto stocks fall

Sensex drops over 100 points; bank, auto stocks fall

Mumbai: The BSE benchmark Sensex Monday fell over 100 points tracking selloff in banking, auto and metal stocks amid mixed cues from global markets.

The 30-share index was trading 109.53 points, or 0.30 per cent, lower at 36,359.90.

Bajaj Auto sales up 15% in January at 4,07,150 units

Bajaj Auto sales up 15% in January at 4,07,150 units

New Delhi: Bajaj Auto on Monday reported 15 per cent increase in total sales in January at 4,07,150 units as against 3,53,147 units in the same month previous year.

Motorcycle sales grew 21 per cent to 3,50,460 units in January 2019 against 2,88,936 units in January 2018, the company said in a BSE filing.

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