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Sebi bans finfluencer, firm from securities market, orders Rs 9.5 cr disgorgement for unlawful advisory biz
In its final order, Sebi noted that Ravindra Bharti Education...
Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand FADA
"although rural interest was present, it failed to significantly...
New-age tech firms lead Rs 1.2 lakh crore mop-up through IPOs in 2021
The simplification of rules by the Securities and Exchange Board of India (SEBI) has led to the record fundraising by the new-age technologies firms, which are mostly loss-making. Earlier regulation required a firm to have profit-making records in order to get listed...
439 infrastructure projects show cost overrun of Rs 4.38 trillion
"Total original cost of implementation of the 1,679 projects was Rs 22,29,544.27 crore and their anticipated completion cost is likely to be Rs 26,67,593.85 crore, which reflects overall cost overruns of 4,38,049.58 crore (19.65% of original cost)," the ministry's...
India Inc raises over Rs 9-trn through equity, debt issuances in 2021
Out of the cumulative Rs 9.01 lakh crore garnered till mid-December this year, funds totalling Rs 5.53 lakh crore were mopped up from the debt market, Rs 2.1 lakh crore came from the equity market, Rs 30,840 crore through REITs and InvITs and Rs 1.06 lakh crore via...
Every 3rd informal worker registered on e-Shram, total enrollment cross 14 cr mark
About 51 per cent registered workers are farm labourers followed by 11 per cent in construction sector, 10 per cent in domestic & household workers and 6.5 per cent in the apparel segment Every third informal sector worker in India is now registered on e-Shram...
IPO fundraising reaches all-time high of Rs 1.18 trillion in 2021
The year witnessed tremendous response from retail investors as well. The average number of applications from retail was 14.36 lakh, in comparison to 12.77 lakh in 2020 and 4.05 lakh in 2019. The highest number of applications from retail in 2021 was received by...
Indian Diagnostic industry may log 55 pc revenue growth in FY22: Report
The diagnostics industry led by national-level players like Lal Pathlabs, Metropolis Healthcare, Thyrocare Technologies, SRL, Vijaya Diagnostic Centre, Krsnaa Diagnostics, saw a sharp 74 per cent jump in revenue in April-September partly due to low base and partly due...
India to produce 5 billion Covid vaccine doses next year: Piyush Goya
“So far this year, we have already administered 1.33 billion doses. We are manufacturing for exports as well. We will export as many doses as other nations need.” “Next year, we plan to produce 5 billion doses,” Goyal said India plans to ramp up its Covid vaccine...
Over 93% of villages in country have mobile broadband coverage: Chauhan
"As per data provided by TSPs (telecom service providers) and field units of Department of Telecommunications as on December 2020, it is estimated that out of 5,97,618 inhabited census villages (as per Census 2011) in the country, a total number of 5,58,537 villages...
18 times hike in installed capacity of solar energy in India between 2014 and 2021, says govt
'Installed capacity of solar energy in India has increased by more than 18 times from 2.63 gigawatt in March 2014 to 47.66 gigawatt in October 2021. As a result, India's current share of non-fossil sources based installed capacity of electricity generation is more...
Domestic air passenger traffic crosses 10-mn mark in Nov; Omicron has potential to derail recovery’
ICRA Vice-President and Sector Head Suprio Banerjee said, ''Though the recovery continued in November, demand continues to be subdued from the corporate traveller segment as reflected by the passenger traffic being lower by around 19 per cent in November 2021 compared...