Tuesday, June 19, 2018

Business Headlines - Coal Project Funding, Carriers Growth, BSNL 5G, PSB Team Up

- Government Banks continue to fund coal projects in India says Media Report - Of top 10 lenders to coal power projects eight were majority Government owned banks that collectively gave close to Rs. 30,337 crore

- Indian Airline carriers flew 16.53% more passengers during May - DGCA - Domestic Airlines slightly lower growth on account of rising fuel prices which translated to higher fare price

- BSNL to roll out 5G services in India along with global launch - BSNL working aggressively with multinational vendors like Nokia, Coriant and ZTE on 5G technology roadmap

- Public Sector Banks to now work in team to solve bad loan problem says Piyush Goyal - Banks will have a creditors agreement among themselves to iron out problems related to consortium banking

- XUV stays ahead of Compass, FCA launches the Bedrock edition to keep buyers excited - Almost 10 months into Compass rollout in July 2017 Fiat Chrysler has sold about 22,784 units of Compass SUV

For more details one can read Economic Times and other news media 

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