Essar Steel seeks withdrawal from IBC process, offers to pay all creditors
In a major development, the promoters and the board of the company have sought withdrawal from the insolvency resolution process offering to pay […]
Month: October 2018
Tata Steel may not increase earlier bid of Rs 170 bn for Bhushan Power
Tata Steel Thursday indicated that it was unlikely to raise its Rs 170 billion bid for debt-ridden Bhushan Power and Steel. When asked […]
Hafiz Saeed’s Jamaat no more on terror list: Imran Khan govt lets ban lapse
United Nations designated terrorist and 26/11 attacks mastermind Hafiz Saeed’s Jamaat-ud-Dawa (JuD) and Falah-i-Insaniyat Foundation (FIF) are no longer mentioned in the list […]
Auditors must keep an eye on funds use in unlisted entities
Proper monitoring of end use of funds even at the last level of corporate structure is important to avoid instances like IL&FS, said […]
Consolidation has come at a high price in India with $59 billion wiped off: Sunil Mittal
Bharti Airtel Chairman Sunil Mittal said the telecom industry is consolidating down to 2-to-3 operators the world over but the process hasn’t happened […]
H-RERA orders Supertech to refund buyers’ money for not giving possession
The Haryana Real Estate Regulatory Authority (H-Rera) has directed a Gurgaon-based realty company to refund the amount taken from the buyers of a […]
India cannot afford to fall back even by a day in introducing BS-VI norms, says SC
India cannot afford to fall back further even by a day in introducing the BS-VI emission norms as its pollution levels are alarming and […]
UP govt to draft new retail, financial services, handicraft sector policies
Even as Uttar Pradesh gears up for laying the foundation of projects totalling more than Rs 1 trillion in December, the Yogi Adityanath […]
SBI moves SC, seeks amendment in pacts between discoms, 3 Gujarat power cos
SBI has moved the Supreme Court seeking implementation of a high power panel’s recommendation to amend the PPAs between various discoms and […]
Modi Govt’s tenure ‘best years’ of Indian economy: EAC-PM member
Surjit Bhalla, on Tuesday said that the four years of the Modi government are the ‘best years’ of the Indian economy Bhalla also […]