The agencies believe that since Airtel is not required to make lumpsum AGR payment to Department of Telecommunications, the telco can use some of its recently-raised funds to deleverage

\"I remain confident that India's long-term growth potential remains intact despite the COVID setback. The IMF also has estimated that the Indian economy will rebound to 6 per cent in FY22,\" Birla said

Moody's said that Bharti Airtel's profitability has improved due to moderation in industry competition, rise in its 4G customer base, and a tariff hike from December 2019

Moody's cut its ratings on the UK-based engine-maker's bonds by two notches to Ba2 from Baa3, meaning its bonds are now regarded as non-investment grade, and also gave the company as a whole a Ba2 rating with a negative outlook

Essentially, neobanks are like traditional banks, but with a strong digital touch and customised solutions. They do not have direct banking licences by the RBI. They tie up with traditional banks to provide banking services licenced to them, but with digital tools

In 2019, Ambani said that the company had invested Rs 5.4 lakh crore since 2014. No other group in India has been able to execute a similar scale of expansion with such huge investments in this period

Bansal says that his new venture Navi will stay away from payments business, but he has plans to take his financial products to a billion Indians over the next few years

The Facebook-owned messaging app has officially rolled out the feature days after making it official.

JSW Steel is keen to de-risk its acquisition of Bhushan Power and Steel as it has an expansion plan on cards, and is also facing unprecedented challenges in the steel market

WhatsApp made the animated stickers official across the globe last week but now as per the latest scoop, the stickers might get new features.

The objective is to conserve liquidity, ensure that strategic projects which are in advanced stages of completion are commissioned on priority basis, JSW Steel CMD Sajjan Jindal said

Share price of Reliance Industries hit all-time high of Rs 1,858 today against previous close of Rs 1787 on BSE

\"The job of the quant fund manager is to assess whether the pattern observed in past data is persistent i.e it will repeat in the future and thus can be profited from or just a data artifact which has to be ignored,\" says Gaurav Rastogi, CEO, Kuvera

After a Supreme Court direction, the revenue department had issued intimation under section 245 proposing certain adjustments to the refund and also passed order under the same section on 28 May 2020 determining the net refund of Rs 833 crore

Fitch Ratings said the coronavirus pandemic has significantly weakened India's growth outlook for this year and exposed the challenges associated with a high public-debt burden

Indias economy is expected to shrink in FY21. The government has come out with several reforms of late to make the country a global manufacturing hub and push jobs and growth

Moody's Investors Service has downgraded India's foreign-currency and local-currency long-term issuer ratings to \"Baa3\" from \"Baa2\". This makes India an 'investment grade destination'. But how does this rating downgrade affect the prospects of India? Is this downgrade a matter of concern for the country? Rajeev Dubey, Editor, Business Today explains the factors that determine ratings for a country and how this negative outlook by a global rating agency may not have a negative impact on India. Watch the video for more.PM Modi optimistic about economic recovery; Is India Inc. convinced?

Stock Market LIVE Updates: Indian Oil, ONGC, Titan, M&M, ONGC and HDFC were among the top laggards today, while Sun Pharma, TCS, PowerGrid, HDFC Bank, HCL Tech and ICICI Bank were the top performers today.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's

Earlier the stock price of Indusind Bank opened with a gain of 3.46% and later touched an intraday high of Rs 452, rising 3.94% on BSE, on back of rally in banking indices