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India To Decide On Projects To Be Referred To AIIB: Arun Jaitley

“India has a massive infrastructure programme which is going on,” Arun Jaitley said. BEIJING:  India has a massive infrastructure programme and will decide on which of the projects under it could be referred to the Asian Infrastructure Investment Bank (AIIB) for funding, Finance Minister Arun Jaitley today. Mr Jaitley made the remarks ahead of the crucial AIIB Board of Governors ... Read More »

Finance Minister Arun Jaitley Meets Chinese Counterpart In Beijing

Arun Jaitley, who arrived in Beijing on June 23, is scheduled to attend the annual Financial Dialogue at the ministerial level with Lou Jiwei on June 27. (PTI photo) BEIJING:  Finance Minister Arun Jaitley today met his Chinese counterpart Lou Jiwei in Beijing and discussed the bilateral economic cooperation and the global macroeconomic situation. The two ministers talked about bilateral ... Read More »

Indiabulls Housing Finance To Raise Rs 300 Crore Via NCDs

New Delhi: Indiabulls Housing Finance on Saturday said it is planning to raise Rs 300 crore through issuance of non-convertible redeemable debentures. “The company proposes to issue 30,000 unsecured non-convertible redeemable debentures (Tier-II) in the nature of subordinated debt with a face value of Rs 1 lakh each aggregating to Rs 300 crore (plus greenshoe option) on a private placement basis,” ... Read More »

Instructions That Shock and Awe

Sometimes standard golf cart shocks just will not do. There are times when a more heavy-duty set of springs is either needed or desired. Fortunately, the process of installing them yourself is not too difficult. Here are step-by-step instructions on how to install heavy-duty springs on your shocks with the Yamaha Heavy-Duty Rear Spring Kit. 1. First, you will need ... Read More »

Win Star Trek Beyond Tickets and Merchandise

It’s the finale of our Star Trek Beyond giveaway. Just answer a simple question via the contest widget below and you’ll be entered in the contest. Five lucky winners will win Star Trek merchandise, while two others will walk away with Star Trek Beyond ticket vouchers. You can increase your chances of winning the contest by doing other activities listed ... Read More »

Japanese Messaging App Line Raises Over $1.1 Billion in IPO

Japanese messaging app Line’s initial public offering has raised more than $1.1 billion despite a lukewarm IPO market. Shares priced at 3,300 yen each, or $32.84 per US-traded share, Monday, the top of the predicted range. That suggests strong demand. Renaissance Capital, an IPO research firm, says it’s the biggest US IPO of the year. The stock will begin trading ... Read More »

Finance Minister’s Response To Subramanian Swamy Suggests ‘Enough’

Arun Jaitley said the government has “full confidence” in Arvind Subramanian as Chief Economic Adviser. NEW DELHI:  HIGHLIGHTS BJP’s Subramanian Swamy demands sacking of Chief Economic Adviser Finance Minister says Arvind Subramanian has government’s confidence Finance Minister rebukes Swamy, who called for RBI chief Rajan’s removal The BJP’s Subramanian Swamy, who demanded the removal of Raghuram Rajan as Governor of ... Read More »

Biggest-Ever Spectrum Auction Cleared, May Fetch Rs 5.66 Lakh Crore

The Union Cabinet today approved auctioning of airwaves that could add lakhs of crores to the government’s coffers. Finance Minister Arun Jaitley termed the upcoming auction as the “biggest-ever” in India’s history. The mega-spectrum auction is estimated to fetch about Rs 5.66 lakh crore to the exchequer, which is more than double of telecom services industry gross revenue of Rs ... Read More »

Biggest-Ever Spectrum Auction Cleared By Cabinet: Highlights

Finance Minister Arun Jaitley along with Telecom Minister Ravi Shankar Prasad is briefing the media after a Cabinet meeting earlier in the day. Here are the key highlights: Biggest-ever spectrum auction cleared by Cabinet, says Finance Minister Arun Jaitley TRAI will meet again on spectrum usage charge: Arun Jaitley 2300 Mhz spectrum auction in seven bands Auction to end shortage ... Read More »

BJP’s Swamy Targets Arvind Subramanian, Finance Minister Stands By His Man

Finance Minister Arun Jaitley says government has full confidence in Chief Economic Adviser Arvind Subramanian. (File photo) NEW DELHI:  HIGHLIGHTS Arvind Subramanian, Chief Economic Advisor, discussed as new RBI chief BJP’s Subramanaian Swamy tweets “Sack him!” Swamy led shrill campaign against RBI Chief Rajan, who has refused Term 2 BJP leader Subramanian Swamy has a new target: Chief Economic Adviser ... Read More »