Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.
Delhi was just one riot. Add Bengal, Assam, Uttar Pradesh and you can count a few scores dead. It could, regrettably, be just the beginning of a very long, dark phase for India, notes Shekhar Gupta.
'The youth associated with this movement were extremely talented.' 'But I personally believe violence cannot change anything in the world.'
'The politicians waiting to grab the space left behind by Omar Abdullah and Mehbooba Mufti do not have any credentials,' says Athar Parvaiz.
Madhu Kishwar is a patriot whose freedom of expression needs to be supported by all, especially the liberals, says Sankrant Sanu.
The ex-army chief left for Dubai for medical treatment in March 2016 and has not returned since, citing security and health reasons.
Manchester United manager Ole Gunnar Solskjaer is eager to build his team around midfielder Paul Pogba despite media speculation linking the French World Cup winner with a move away from Old Trafford.
Formula One team bosses backed the decision of Japanese Grand Prix organisers to cancel all of Saturday's practice and qualifying sessions as the sport hunkered down to ride out Typhoon Hagibis.
'There is a misconception that the Centre gives money for the development of Delhi'
Barcelona's Argentina international Javier Mascherano has been ordered to appear in court on October 29 to answer charges of two counts of defrauding the Spanish tax authorities of a total of more than 1.5 million euros ($1.67 million).
In its order, the court observed that the action of the authorities was a violation of Article 21 of the Constitution under which no person shall be deprived of his life or personal liberty except according to procedure established by law.
'These trends put at risk not only minorities or the media or some other out-of-favour group, they can and do concern everyone,' warns T N Ninan.
Finding "serious irregularities" in the functioning of Delhi Stock Exchange, Sebi on Wednesday withdrew the recognition granted to the bourse.
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
The new chief minister will be one of the most closely watched politicians in the country in these media-driven times.
In India, many players are in the throes of chaos and pain but at least one partnership -- Air Asia India -- that was fraying even before the pandemic now finds itself at breaking point, says Anjuli Bhargava.
Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.
What Director Mahesh Narayanan captures perfectly in C U Soon is the texture of our online conversations, observes Sreehari Nair.
The Union home ministry has issued strict guidelines for the enforcement of the 21-day complete nationwide lockdown in the wake of the covid-19 pandemic, invoking the National Disaster Management Act which may result in imprisonment of up to two years for any violation. All government offices, the offices of state and Union territory governments, autonomous institutions, public corporations, commercial, private, industrial establishments shall remain closed, the guidelines issued by the ministry said.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
Other forms of securities such as compulsorily convertible debentures (CCDs), optionally convertible debentures (OCDs) and some derivatives could remain out of the scope of the amendments
While the ruling party alleged an "invisible hand" behind the petitions, the opposition accused it of making "false political capital" by "misinterpreting" the apex court order.
Journalists from across the country gathered and demanded justice amid call for standing up to "forces" trying to the "muzzle" the voices of dissent.
Cut to 2019, and his name evokes grief and anger among more than 40,000 homebuyers who are fighting for the keys to their flats, which they should have rightfully got more than seven years back.
Though EPS has sworn peace for now, or so it seems, his camp is said to be considering the possibility of calling an early meeting of the party's general council, to get a mandate in his favour before things went out of control. Ground-level indications are that OPS had lost his limited base, which alone had forced him to patch up with the other, reportedly at the instance of the BJP ally at the Centre, says N Sathiya Moorthy.
Start-up Belong.co uses an unconventional way of hiring that trusts more on data available on social media or tweets than the resume.
The Dutch round of the MotoGP championship will break with tradition by switching from Saturday to a Sunday slot from next season out of financial necessity, local organisers said on Thursday.
Australia is facing a tug of war over the site of the Australian Open after politicians in Sydney announced plans to build a multi-million dollar facility to attract the tournament, local media reported on Saturday.
'I suggest Rahul Bajaj come out in the open and give us his own white paper on the perceived sense of fear that he thinks haunts corporate India,' says Dr Sudhir Bisht.
The term of the 224-member Karnataka assembly ends on May 28 this year.
The DGP has been directed to inform NHRC about steps being taken to ensure safety of citizens, especially women.
'Here's a list of the things we should be reading more about in the media,' says Mitali Saran.
'What is holding this government to ransom is the Parivar. It is this group's thought process, ideals and philosophies that course through the veins of India's elected government. And it is this that is holding the government, and through it the country, to ransom.'
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Former FIA president Max Mosley has warned that Formula One risks serious difficulties unless it changes direction and cuts costs.
'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.
Gautam Gambhir has always been a non-conformist but he has had no regrets even if it meant an 'unfulfilled career' and a 'lot of enemies' because he could 'sleep peacefully at night'.
'Information trickled in that these phone numbers were switched off when there were blasts in Jaipur, Ahmedabad, and at the time of the Delhi blasts.
The Messi Experience Park, which is being launched by the five times world player of the year in collaboration with Chinese broadcaster Phoenix Group and Spanish media company Mediapro, is set to open in 2019 in the Chinese capital.
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