Business Highlights

New Delhi, December 1 () The following are the main business stories at 6:25 pm: DEL16 BIZ-LD GST-REVENUE GST revenue grows 6 pcs to cross Rs 1 lk cr in November New Delhi: collections GST crossed the mark of Rs 1 lakh crore after a three-month gap in November, growing by 6 percent to Rs 1.03 lakh crore aided by the demand of the festival.

DCM33 BIZ-LD AIRTEL-TARIFF-HIKE Bharti Airtel to raise mobile calls, data charges up to 42 pcs from December 3 New Delhi: Telecommunications operator Bharti Airtel announced on Sunday new plans under which call charges and Data will be more expensive for your pre paid customers up to 42 percent as of December 3.

DCM21 BIZ-AXIS BANK-PROVISIONING Axis Bank more than doubles loan provisions for problematic sectors Mumbai: Third largest private sector lender Axis Bank is reserving more capital, more than double the regulatory requirements, for loans in sectors it has identified as stressed, said a senior official.

DCM25 BIZ-SAHOO-PERSONAL-INSOLVENCY Personal insolvency that begins a 'new learning', says Sahoo New Delhi: The personal insolvency framework will be the beginning of new learning and the next big news in insolvency reforms, the head of the IBBI MS Sahoo has said. DCM4 BIZ-AUTO-MARUTI-SALES Maruti reports a 1.9-pc drop in sales to 1.50,630 units in November New Delhi: The country's largest automaker, Maruti Suzuki India (MSI) reported a 1.9-percent decline on Sunday percent in sales to 1,50,630 units. in November. DCM17 BIZ-TELECOM-INDIAINC-RELIEF Jio boxed in the corner; IIC, FICCI come together to seek help for telecommunications companies New Delhi: the rival industry associations IIC and FICCI have closed ranks and have written to the Minister of Finance, Nirmala Sitharaman, seeking help for telecommunications companies that the Supreme Court He ordered to pay Rs 1.47 lakh crore in the past legal fees, in an apparent attempt to counteract the narrative of billionaire Mukesh Ambani directed by Jio on the subject. FES16 BIZ-THALES-INDIA India is about competencies, business perspectives; discovering new opportunities: Thales Paris: expanding its presence in India, which is an interesting melting pot of ideas, Thales Group is discovering new opportunities in the Indian market, since it is about competencies and business perspectives, according to a senior official. RVK

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