Why did Vodafone Group sell 18% stake in Indus Towers now?
20 June 2024 Punjab Khabarnama : Persistent pressure from lenders over an outstanding loan taken around five years ago were among the key reasons why the UK’s Vodafone Group PLC…
India seeks exemption for sovereign funds from RBI’s alternate investment fund rules
20 June 2024 Punjab Khabarnama : The Indian government has asked the central bank to exempt sovereign funds from a recent set of tightened rules concerning investments in alternate investment…
ICICI Prudential’s Growth Leaders Fund and Emerging Leaders Fund on top spots
20 June 2024 Punjab Khabarnama : The top ten category III Alternative Investment Funds (AIFs) have given returns of 2-4 percent in May. This range is fairly lower compared to…
Fuel inclusion under GST not on agenda for June 22 Council meet: Official
20 June 2024 Punjab Khabarnama : The GST Council meeting on June 22 is unlikely to discuss the inclusion of petroleum products under the Goods and Services Tax (GST), a…
Nvidia becomes most valuable public company, topping Microsoft and Apple
19 June 2024 Punjab Khabarnama : Nvidia’s rise is among the fastest in market history. Just two years ago, the company’s market valuation was over $400 million. Now, in the…
Disinflation process facing resistance from stubborn food inflation: RBI Governor
19 June 2024 Punjab Khabarnama : In May, retail inflation eased to a one-year low of 4.75 per cent, from 4.83 per cent in April 2024. It was 4.31 per…
Industry seeks removal of ‘Angel Tax’; to greatly aid capital formation, says CII
19 June 2024 Punjab Khabarnama : Amid a sharp decline in funding for startups and consequent job losses, Indian Inc has sought the removal of Angel Tax that has been…
After demand surge, multiple tripping incidents in northern region: NRLDC
19 June 2024 Punjab Khabarnama : The electricity grid supplying power to northern states recorded a massive load drop of 16.5 GW after multiple power system elements tripped at around…
Vodafone to sell Indus Towers stake worth $1 billion
19 June 2024 Punjab Khabarnama : The wholly-owned subsidiaries of Vodafone Group Plc will sell stake worth $996 million-$1,096 million (Rs 8,308-9,138 crore) in Indus Towers through block deals on…
Sensex, Nifty continue bull run, open at record high
19 June 2024 Punjab Khabarnama : Indian frontline equity benchmark indices BSE Sensex and NSE Nifty 50 continued their bull run by opening Wednesday’s session at new life highs amid…