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Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 433997.65 Crore) operating in Telecommunications sector.

Shares end opening day’s trade with 23% gain over issue price

Investors hit bull’s eye

Updated at : 2021-11-16 08:20:01

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Here’s how much money each investor and early backers of Policybazaar are sitting on as of Monday’s close.

The debt-ridden telecom operator Vodafone Idea is evaluating the option of converting interest dues arising out of the deferment of statutory payments into equity.

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While suggesting that a ban may not help, industry representatives on Monday told a Parliamentary standing committee that cryptocurrencies should be regulated since they cannot be stopped, amid concerns over security and investor protection by some of the panel members.

Oil prices drop on demand worries, rising supplies

Updated at : 2021-11-16 08:20:01

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Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while some in the market still fear the United States may release crude reserves to stop a rally in gasoline prices.

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The six-member group said in a report that resolution of the distressed asset remains the first objective of the Insolvency and Bankruptcy Code (IBC), followed by promotion of entrepreneurship, availability of credit and balancing the interests of stakeholders. “This order of objectives is sacrosanct,” it said.

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The latest data from dealer checks of several brokerages show that prices have indeed started to increase. According to industry estimates, the all-India average cement prices increased by 7-8% month-on-month and year-on-year to Rs 384-386 per 50 kg in October 2021. Prices increased across regions helped by higher construction activities.

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The Mumbai Bench of National Company Law Tribunal (NCLT) ordered the winding up of the entity, one of the group companies promoted by Choksi. The court appointed Santanu T Ray, a senior partner of AAA Insolvency Professionals LLP, as liquidator for this company.

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Relative to macroeconomic configurations in 2013 when India was described as one of the fragile five countries, he said, "India is better positioned currently, as its macroeconomic fundamentals have improved significantly, and external sector indicators point to the availability of enough cushions to manage external shocks".

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