Tag: Slows

NBFC crisis slows GDP growth, real estate worst hit

Mumbai: India’s GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs). A direct correlation can be seen as many NBFCs have been facing liquidity challenges…

Reliance Jio’s Subscriber Growth Slows, Data Speeds Drop 50%

Reliance Jio Infocomm Ltd. may fall short of the target set by its chairman Mukesh Ambani of adding 100 million subscribers by December 2016. Data now shows that new subscriber additions have dropped after the post – launch frenzy, brokerage firm Motilal Oswal said in a…