Top laggards in the Sensex pack included Kotak Bank, ICICI Bank, HDFC Bank, Tata Motors, L&T, SBI, Tata Steel and Axis Bank, falling up to 3.46 per cent.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
Harbhajan Singh became the third Indian and 22nd cricketer in the world to claim 300 or more wickets in Test cricket when he dismissed Australia captain Ricky Ponting on the second day of the fourth and final Test in Nagpur on Friday. The Punjab offie, who is playing his 72nd Test, is behind just-retired Anil Kumble (619 from 132 Tests) and Kapil Dev (434 from 131 Tests).
Ahead of the upcoming Test and ODI series against Bangladesh Rajneesh Gupta presents a statistical outlook on India's players selected for the two squads.
Rajneesh Gupta presents all the important numbers after the fifth week of IPL 2020.
Handed the responsibility of leading India's bowling attack, Ishant Sharma is living up to expectations. The Delhi pacer played a major role in the 2-1 victory in the Test series in Sri Lanka, the first for India in the island nation after a long wait of 22 years.
Rajneesh Gupta presents the numbers on the India and New Zealand teams and players.
80 Tests and 16,634 deliveries -- the least by any bowler in the 400 Test wicket Club -- took him to the cherished landmark.
England's James Anderson is the first fast bowler to take 600 Test wickets.
Rajneesh Gupta brings all Yuvraj Singh's numbers from different formats of cricket.
Rajneesh Gupta presents the numbers from the Indore Test.
