December's auto sales back in red



While commercial vehicle (CV) sales were the worst hit, down by 21 per cent to 67,793 units from 85,833 units, two-wheeler sales dropped by 16 per cent to 12,64,169 units from 15,00,545 units. Passenger car sales dropped nine per cent to 215,716 units from 236,586 units.



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SC to hear next week telcos' plea on payment schedule



A bench headed by Chief Justice S A Bobde took note of the submissions by a battery of senior lawyers including A M Singhvi and C A Sundaram and said it will list the fresh pleas “sometime in next week” before the same bench which had heard the earlier petition in the high-stake matter.



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SC judge opts out of hearing Mallya's plea



Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya’s petition against the confiscation of his properties by the Enforcement Directorate.



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Vodafone crisis spills over into mutual fund schemes



Experts say the impact on the schemes’ NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or credit events.



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Airtel to go ahead with Rs 20K-cr investment plan



Mittal said he discussed a plethora of issues with Commerce and Industry Minister Piyush Goyal and sought the government’s support for faster clearances to streamline the group’s investment plans.



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Trai defers zero-IUC regime till Dec 2020



Trai’s move is seen as a relief for the debt ridden sector and the industry body COAI expects that continuing with six paise mobile call termination charge will not have any impact on consumers as operators have already absorbed this charge in their recently increased mobile call and data rates.



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