New Delhi is expected to buy 24 Seahawk helicopters. (Reuters)
Huawei has teamed up with Bharti Airtel and Vodafone Idea for 5G trials even as the Chinese telecom equipment maker faces global scrutiny over network security concerns. (Reuters)
Huawei has teamed up with Bharti Airtel and Vodafone Idea for 5G trials even as the Chinese telecom equipment maker faces global scrutiny over network security concerns. (Reuters)

DoT gets right to bar Chinese firms from govt telecom tenders

  • The move is set to hit Chinese telecom equipment suppliers such as Huawei, ZTE and UTStarcom
  • The US has also pressed its allies to ban companies such as Huawei from participating in 5G networks

Sunil Mittal had a separate meeting with telecom secretary Anshu Prakash on Wednesday, a second person said on condition of anonymity
Illustration: Jayachandran/Mint
Illustration: Jayachandran/Mint

Why India’s states are antsy about money

  • How much money gets spent by the Centre and each state just got decided. Here’s how and why it matters to you
  • If the less-than-expected tax buoyancy continues, states will feel more anxious, especially with GST having the unintended effect of creating a new Centre-state fault line

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Photo: HT
Photo: iStock
Suzlon reported a net loss of  ₹743 crore at the end of December, compared with a net loss of  ₹40.07 crore in the year-ago period. (Bloomberg)
Suzlon reported a net loss of 743 crore at the end of December, compared with a net loss of 40.07 crore in the year-ago period. (Bloomberg)

SBI approves Suzlon’s debt revamp proposal

  • Stressed wind power company now awaits green light from other lenders
  • Suzlon’s debt of 12,700 crore will be converted into sustainable and unsustainable debt

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Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon  (Photo: iStock)
Debt mutual funds: Which type of funds to go for depends on the duration of your investment horizon (Photo: iStock)

Mint50: Hand-picked mutual funds to build your portfolio

Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns

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Swiggy clocks up to 1 million orders daily, show industry estimates. ( Priyanka Parashar/Mint)
Swiggy clocks up to 1 million orders daily, show industry estimates. ( Priyanka Parashar/Mint)

Swiggy raises $112 million in fresh round led by Naspers

  • South African internet firm will own up to a 40.56% stake, Meituan 6.35%, and Hadley Harbour 1.09%
  • This investment is part of Swiggy’s plan to raise up to $1 billion for its food delivery and cloud kitchen businesses

Power minister R.K. Singh is expected to meet top industry executives on Thursday to discuss the matter. (Photo: Ramesh Pathania/Mint)
The train will provide a host of facilities and services to the passengers on-board including high quality vegetarian food.
Nikhil Gandhi, India Head - TikTok
Ruling out major impact of the coronavirus outbreak on domestic companies, Fitch said OEMs source only 10-15% of their components from China. (Pradeep Gaur/Mint )
Ruling out major impact of the coronavirus outbreak on domestic companies, Fitch said OEMs source only 10-15% of their components from China. (Pradeep Gaur/Mint )

No end in sight for auto slump, says Fitch

  • Automakers could also face production disruptions if the novel coronavirus outbreak in China leads to a prolonged halt
  • Higher price tags for these new models, which may cost up to 15 % more for diesel variants, are likely to weigh on demand

Photo: iStock
The BSE Sensex gained 1.05% to close at 41,323 points. (HT )
The BSE Sensex gained 1.05% to close at 41,323 points. (HT )

Markets recover on signs virus may be abating

  • Markets in Japan, Hong Kong and South Korea gained following a slight fall in the number of new coronavirus cases
  • FIIs bought Indian shares worth $1.94 bn so far in Feb; domestic investors pumped 1,056.71 crore into Indian equities

Shubham Housing provides retail home loans to low-income borrowers for purchasing ready property, home improvement, home extension and for the construction of dwelling units on plots owned by the borrowers.
Shubham Housing provides retail home loans to low-income borrowers for purchasing ready property, home improvement, home extension and for the construction of dwelling units on plots owned by the borrowers.

Shubham Housing to raise 1,000 crore

  • Fundraise will see three PE firms dilute or sell their entire stake
  • Shubham Housing is looking to raise about 700 cr worth of primary capital for business expansion

Photo: HT
Interlocutors Sanjay Hegde (with mike) and Sadhana Ramachandran interact with protesters at Shaheen Bagh in New Delhi on Wednesday.
Interlocutors Sanjay Hegde (with mike) and Sadhana Ramachandran interact with protesters at Shaheen Bagh in New Delhi on Wednesday.

SC mediators reach out to Shaheen Bagh protesters

  • Interlocutors ask agitators to shift venue of sit-in protest against citizenship legislation
  • Mediators assure the Shaheen Bagh agitators that SC acknowledges their right to protest

BS-VI grade fuels were made available in 7 districts of Haryana from October 1, 2019
BS-VI grade fuels were made available in 7 districts of Haryana from October 1, 2019

India to switch to world's cleanest petrol, diesel from April 1

  • State-owned oil refineries spent about 35,000 crore to upgrade plants that could produce ultra-low sulphur fuel
  • This investment is on top of 60,000 crore they spent on refinery upgrades in the previous switchovers.

Posters of Prime Minister Narendra Modi, US President Donald Trump, and US' First lady Melania Trump put up ahead of Trump's visit to India on 24 February, in Ahmedabad.
Posters of Prime Minister Narendra Modi, US President Donald Trump, and US' First lady Melania Trump put up ahead of Trump's visit to India on 24 February, in Ahmedabad.

Donald Trump to be treated to India's rich cultural heritage in Ahmedabad

  • Prime Minister Modi would host a lunch for the US president following the talks
  • In Ahmedabad, Donald Trump will address the 'Namaste Trump' event jointly with Prime Minister Narendra Modi at the newly built Motera cricket stadium.

China's National Health Commission reported 1,749 new confirmed cases of coronavirus infections. Photographer: Justin Chin/Bloomberg (Bloomberg)
China's National Health Commission reported 1,749 new confirmed cases of coronavirus infections. Photographer: Justin Chin/Bloomberg (Bloomberg)

Coronavirus update: First 3D atomic map of deadly virus created, say scientists

  • Russia will temporarily ban Chinese nationals from entering the country due to the coronavirus outbreak
  • A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely

The logo of French carmaker Renault is seen during the company's 2019 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 14, 2020.  REUTERS/Gonzalo Fuentes (REUTERS)
The logo of French carmaker Renault is seen during the company's 2019 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 14, 2020. REUTERS/Gonzalo Fuentes (REUTERS)

Renault and Nissan to maintain their alliance in India: Fabrice Cambolive

  • Renault to work towards an affordable electric vehicle by 2022 in India
  • In 2020, Both Renault and Nissan are expected to launch a compact SUV based on a common platform

There will be no cap on the number of people who can qualify under the scheme. (Photo: Mint)
There will be no cap on the number of people who can qualify under the scheme. (Photo: Mint)

Britain's new visa system: How many points do you need?

The British govt has outlined a new visa system to manage the flow of workers into the country. Here are details of the points-based system which will be applied from 1 January 2021

Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT (Indranil Bhoumik/Mint)
Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT (Indranil Bhoumik/Mint)

DoT still working on final calculation of pending AGR dues

  • Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT
  • The apex court on 14 February came down heavily on the telecom department for not taking steps to recover statutory dues

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Prime Minister Narendra Modi having the traditional Litti Chokha during his visit to the Hunar Haat at India Gate in New Delhi. (ANI )
Prime Minister Narendra Modi having the traditional Litti Chokha during his visit to the Hunar Haat at India Gate in New Delhi. (ANI )

PM Modi makes surprise visit to 'Hunar Haat' at Rajpath; relishes 'litti-chokha'

  • The prime minister, along with Mukhtar Abbas Naqvi, took a round of the 'Hunar Haat' and stopped at several stalls to interact with master craftsmen and artisans
  • The 'Hunar Haat' is based on the theme of 'Kaushal Ko Kaam' and will be held till 23 February

Along with FDs, debentures issued by public and private sector companies are also preferred by retail investors for debt investment.  (Photo: iStock)
Along with FDs, debentures issued by public and private sector companies are also preferred by retail investors for debt investment. (Photo: iStock)

Mutual funds that can replace your traditional investments

  • Different mutual fund categories can serve various short- and long-term needs
  • Before switching from traditional instruments to certain mutual fund categories, consider their suitability

Photo: Mint
A desert locust is seen feeding on a plantation.  (REUTERS)
A desert locust is seen feeding on a plantation. (REUTERS)

India buys drones, specialist equipment to avert new locust attack

  • Locust swarms can fly up to 150 km (90 miles) a day with the wind, and adult insects can consume roughly their own weight in fresh food per day.
  • The last major surge was in 1993, when heavy rains created favourable breeding conditions for locusts along the India-Pakistan border

BR Shetty’s lenders have sold shares his firm pledged. (Wikimedia Commons)
BR Shetty’s lenders have sold shares his firm pledged. (Wikimedia Commons)

How BR Shetty went from billionaire to bust

  • Muddy Waters has hinted at potential overpayment for assets, inflated cash balances and understated debt
  • Bavaguthu Raghuram Shetty pledged 25% of his NMC stake against loans with First Abu Dhabi Bank and Falcon Private Bank

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lthough RBI provided banks the option to choose from a host of external rates, almost all banks chose the repo rate (Photo: iStock)
lthough RBI provided banks the option to choose from a host of external rates, almost all banks chose the repo rate (Photo: iStock)

Two RBI moves that work for borrowers

  • CRR waiver will benefit new borrowers as well as those on MCLR
  • Introduction of long-term repo operations will reduce rates for those having MCLR-linked loans

Ayodhya: Sadhus celebrate at Mani Ram Das Ki Chavani after its head Mahant Nritya Gopal Das was made made president of Shri Ram Janmabhoomi Teertha Kshetra Trust, in Ayodhya. (PTI)
Ayodhya: Sadhus celebrate at Mani Ram Das Ki Chavani after its head Mahant Nritya Gopal Das was made made president of Shri Ram Janmabhoomi Teertha Kshetra Trust, in Ayodhya. (PTI)

Ram Mandir construction to be completed in next 3 years, says Trust

  • The Trust also formed a new committee under the chairmanship of retired bureaucrat Nripendra Mishra to supervise the construction-related work of the temple
  • A senior member of the Trust said that a company will be formed and more formalities will be completed by the committee chaired by Mishra

The logo of Amazon. (REUTERS)
The existing law permits abortions only up to 12 weeks, which can be extended up to 20 weeks in specific cases. Photo: HT
The existing law permits abortions only up to 12 weeks, which can be extended up to 20 weeks in specific cases. Photo: HT

Cabinet may soon decide on bill seeking greater reproductive rights for women

  • Union health ministry said the process for amending the Medical Termination of Pregnancy (MTP) Act, 1971 is under way
  • The MTP (Amendment) Bill, 2019 was drafted 'for cases in which doctors diagnose foetal abnormalities or substantial risks to the mother or the child'

Former prime minister Manmohan Singh at Montek Singh Ahluwalia’s book launch on Wednesday.  (Photo: Pradeep Gaur/Mint)
Former prime minister Manmohan Singh at Montek Singh Ahluwalia’s book launch on Wednesday. (Photo: Pradeep Gaur/Mint)

Govt doesn’t recognize there is a slowdown, says Manmohan Singh

  • If we don’t recognize the problem, we will not likely find credible answers to take corrective action, said Singh
  • The former prime minister said Ahluwalia has pointed out in his book that the $5 trillion economy by 2024-25 is wishful thinking

FILE PHOTO: A worker checks the temperature of a passenger arriving into Hong Kong International Airport. (REUTERS)
Shri Ramayana Express will commence its journey from Delhi on 28 March.
Shri Ramayana Express will commence its journey from Delhi on 28 March.

Shri Ramayana Express to run from 28 March : IRCTC

  • The special train-- Shri Ramayana Express -- will have ten coaches which include five sleeper class non-AC coaches and five AC 3 tier coaches
  • In a 16 nights -17 days tour, passengers will be visiting the tourists places associated with Lord Ram also known as the 'Ramayana Circuit of India

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