cash crunch


Hero MotoCorp fourth-quarter profit falls, misses estimates

May 10 2017

India's Hero MotoCorp Ltd reported a 14 percent fall in its March-quarter net profit as a cash crunch following the government's ban on high-value currency notes.

Post-note ban, mixed bag for consumer sector in 2017: Jefferies

Jan 19 2017

An interesting dichotomy in consumer spending space has emerged as a result of demonetisation.

Remonetising India post Modi’s Ctrl + Alt + Delete moment

Dec 21 2016

By now it is amply clear that the process of remonetising India is going to be long drawn out and may not bring back the entire Rs 15.44 lakh crore of junked currency.

Cash is dead, long live cash

Dec 12 2016

Tragically, it is the ultimate betrayal of Prime Minister Narendra Modi by our bankers.

Banks have committed certain irregularities: Kalraj Mishra

Dec 10 2016

Union Minister Kalraj Mishra said that government was aware of the hardships faced by the people and was taking firm action to alleviate them.

Demonetisation woes will end in 10-15 days: Centre to Supreme Court

Dec 09 2016

SC sought response of Centre on whether district cooperative banks can be allowed to accept deposits and can there be a minimum assured withdrawal from banks.

PMO to notify CMs' panel on making India less-cash economy

Nov 29 2016

Seeking to neutralise political turmoil over demonetisation, PMO is likely to shortly notify a committee of CMs to suggest ways to make India less-cash economy.

RBI relaxes withdrawal norms, nudges retailers

Nov 29 2016

The decision is aimed at discouraging hoarding of valid currency notes and increasing its circulation to mitigate cash crunch.

Govt may do away with cash exchange gradually

Nov 18 2016

After limiting exchange of defunct currency notes to a maximum of Rs 2,000, the government may withdraw the facility gradually.

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Board to consider bonus issue on Jan. 30.


HPCL may acquire MRPL in cash and share swap deal

HPCL may buyout ONGC shares which is worth roughly Rs 16,000 Cr

Financial Express Reports


Gets four orders worth Rs 871 Cr

Order Details

Gets Rs 282 Cr order from APTRANSCO to supply, construct substations

To also set up associated transmission line work for APTRANSCO

Gets Rs 100-cr order from Bangladesh power co, Nepal’s electricity body

Order includes 400 KV double circuit transmission line from Bangladesh

Nepal order includes setting up of 132 KV Transmission Line 

Gets Rs 123 Cr order from CORE to commission rail electrification work

Gets pipeline augmentation work in Rajasthan for Rs 366 Cr from a pvt client


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