ArcelorMittal’s Essar Steel acquisition: Who wins, who loses
On Friday, ArcelorMittal was declared the highest bidder for Essar Steel Ltd. Its winning bid of ₹42,000 crore gives the world’s largest steel […]
Month: October 2018
NCLAT adjourns hearing over JSW’s bid for Bhushan Power and Steel
The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned hearing of Tata Steel’s plea against the revised JSW Steel bid for Bhushan […]
ArcelorMittal exploring possibility of taking ownership of Uttam Galva
ArcelorMittal is exploring the possibility of taking ownership of Uttam Galva and recovering the value in KSS Petron after paying off their dues to […]
Financial creditors of Jaypee Infratech vote for appointment of new resolution professional
Financial creditors of the embattled company Jaypee Infratech (JIL) including home buyers, fixed deposit holders and financial institutions have voted online on […]
ICAI Misconduct order against two CAs quashed, CAs were held guilty on the basis of TV sting operation
Gyan Prakash Agarwal (Appeal No. 08/ICAI/2014), Rajiv Maheshwari (Appeal No. 05/ICAI/2014), Sameer Kumar Singh Vs. ICAI (Appeal No. 07/ICAI/2014), Alagaapuram R. Mohanraj […]
IBBI notifies the Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018
Section 240 of the Code empowers the Insolvency and Bankruptcy Board of India (IBBI) to make regulations subject to the conditions that the regulations: […]
Ease of Doing Business report on Oct 31; govt hopeful of jump in rankings aided by GST, Insolvency Code
All eyes will be on the World Bank’s latest Doing Business Report on October 31 with the government hopeful of a big […]
Sex harassment at work cases up 4,000% in 4 years
The *number of cases* of sexual harassment at workplaces *shot up by almost 4,000 per cent* across the country in the last […]
‘Electrification of railway lines will save Rs 135 bn every year’
Railway Board Member and Member (Traction) Ghanshyam Singh on Sunday asserted that after the *complete electrification of railway lines* the Indian Railways […]
Atal Pension Yojana: PRFDA seeks Centre nod to double pension limit to Rs 10,000, relax upper age limit
To make the Atal Pension Yojana (APY) more attractive, the Pension Fund Regulatory and Development Authority (PFRDA) has sought the *government’s nod […]