In a disappointing move for Cyrus Mistry, the National Company Law Tribunal (NCLT) upheld the October 24, 2016 decision of the Tata Sons Board of Directors dismissing him, the then Chairman.
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17th Jan 2019 | Updated at 01:48pm 17th Jan 2019
State-owned bank officers' union in India calls strike over mergers
Workers at India’s state-owned banks called a nationwide strike on Friday in protest at proposed mergers that could cause job losses and demanded immediate wage rises.The strike organised by All India Bank Officers’ Confederation (AIBOC), impacted...
India extradites UK businessman in AugustaWestland scam
Christian Michel, 57, is a British businessman who has been extradited to India to face prosecution for alleged bribery in connection with New Delhi’s $720m acquisition of 12 VIP helicopters. On Tuesday night, while Sushma Swaraj, India’s foreign...
Prime Minister Narendra Modi and South Korean President Moon Jae-in jointly launched the world's biggest mobile factory in Noida near Delhi on Monday.
The Income Tax Department has sold a chunk of Cairn Energy's shares in Vedanta Ltd in a bid to recover some of the tax dues.
India's Enforcement Directorate (ED) has moved a court to declare beleaguered businessman Vijay Mallya as a ‘fugitive offender’ and to confiscate his assets...
ICICI Bank in a statement said that its MD and CEO Chanda Kochhar “has decided to go on leave till the completion of the inquiry” by former Supreme Court...
The Indian government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said.
India has just a decade to change its status from developing to developed country. Now the country has to focus on education, failing which the much-hailed 'demographic dividend' will turn into a disadvantage, a report said.
JP Morgan managing director and India head of legal Jigar Shah will be joining KKR in Mumbai as its India head of legal in a new role, said sources close...
The Indian economy is expected to grow at 7.4 per cent in the current fiscal, and accelerate further to 7.8 per cent as it recovers from the impact of...
Jeweller Nirav Modi has been named as "wanted accused" in the first chargesheet filed by the CBI in the £1.34 billion Punjab National Bank (PNB) fraud...
