The National Company Law Appellate Tribunal (NCLAT) has upheld steel tycoon Lakshmi Mittal-led ArcelorMittal’s £4.2 billion bid for the acquisition of...
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17th Sep 2019 | Updated at 07:03am 17th Sep 2019
Auto cos slash production to drive through slowdown
The crisis in the auto sector is deepening and leading companies are going for production cut to drive through the slowdown
No need for pessimism over 5% growth, says FM
India's finance minister Nirmala Sitharaman said that there was no need for unnecessary pessimism as far as 5% GDP growth is concerned
The government has ordered an SFIO probe into now defunct Jet Airways and its group companies for alleged fund diversion, indulging in malpractices and other large-scale irregularities found during an inspection
Gujarat sees a further decline in foreign direct investment (FDI) equity inflows, going by the data revealed in Socio-Economic Review 2018-19
The Debt Recovery Tribunal (DRT) has directed fugitive diamantaire Nirav Modi and his companies to pay Punjab National Bank (PNB) and a consortium of banks...
In a major move, the Enforcement Directorate has attached oil rigs and other oil installations outside the country after issuing a provisional attachment...
Market regulator Sebi has stated that every liquid fund should put at least 20 per cent of its total corpus in highly liquid and zero-risk debt market instruments like government bonds and treasury bills, which could lower risks for investors...
A Reserve Bank of India panel constituted to suggest measures to develop micro, small and medium enterprises (MSMEs) has proposed a £1 billion government fund
London-based Adi Partners and some groups representing Jet Airways’ employees said that they were entering into a partnership to bid for acquiring a 75% stake in the airline when the NCLT invites expression of interest (EoI) for the debt-laden...
The Finance Ministry is preparing a fresh proposal for sale of Air India, incorporating issues like crude oil prices and exchange rate volatility, flagged...
Market shares of beleaguered Jet Airways India Ltd fell by 10 per cent to Rs 56.60 after the National Company Law Tribunal (NCLT) admitted the State Bank...
