In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
With serious doubts hanging over the proposed bilateral cricket series between India and Pakistan later this year, Pakistan Cricket Board chief Shaharyar Khan on Thursday said they are open to options ranging from boycotting ties to demanding compensation if the Board of Control for Cricket in India fails to honour the Memorandum of Understanding (MOU) signed between the two boards.
The Board of Control for Cricket in India has officially invited Pakistan to play its 'home' series in India in December, Pakistan Cricket Board (PCB) chairman Shaharyar Khan said on Saturday.
A bench headed by Chief Justice S A Bobde asked senior lawyer Mahesh Jethmalani, appearing for PIL petitioners Shashank Shekhar Jha and journalist Savio Rodrigues, to withdraw the plea and approach the high court.
In a major boost to West Bengal's industrialisation drive, IT major Infosys Technologies on Tuesday signed an MoU with WBHIDCO for a 50-acre plot to open a campus in Kolkata to provide job opportunities to nearly 15,000 people.
Nationality of cricketers should not matter in the Indian Premier League and franchises should be allowed to pick the best players from around the globe, feels KKR CEO Joy Bhattacharya, who recently signed an MOU with rookie Pakistan pacer Mohammad Irfan.
India and Singapore on Tuesday elevated their ties to the 'strategic partnership' level and signed bilateral agreements for enhanced defence cooperation and in areas like cyber security, shipping and civil aviation.
Adani, Rajasthan govt will set up solar power project of 5000 MW on its own in the next five years.
Kolkata Knight Riders began preparations for season four of the Indian Premier League (IPL) by signing lanky Pakistan fast bowler Mohammad Irfan on the recommendation of their bowling coach Wasim Akram, it was reported on Tuesday.
In a significant development, Indian Railways on Thursday joined hands with China to increase speed in its existing rail network, modernise stations and enhance mutual cooperation in the sector in the country.
The Delhi Metro Rail Corporation (DMRC) will carry out a survey to explore the possibility of running metro rail service in Bhopal. It will give a feasibility report soon to Madhya Pradesh Urban Administration Department (MPUAD).
Is it inconsistency in policy, or the lack of robust support?
The two sides also decided on early operationalisation of the proposed hotline between the two armies as part of the confidence building measures, the defence ministry said.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
'Gaganyaan' is set for December 2021 launch and is likely to include a woman astronaut.
The Infosys Foundation will provide a fund of Rs 16 crore, which will be spent for the next five years.
US-based invention investment company Intellectual Ventures and Indian Institute of Technology-Bombay today signed a MoU to license and commercialise inventions of students and faculty of the institute.
Former Board of Control for Cricket in India secretary Sanjay Patel on Friday said in his defence that UK-based company 'Page Protection Services', hired by the previous dispensation, 'did not snoop on any Board official' during his time in office.
India and Pakistan's admission to the Beijing-backed Shanghai Cooperation Organisation will be formalised at the grouping's summit in Kazakhstan next week, China said on Thursday.
Indian Oil Corp (IOC), nation's largest oil firm, is likely to sign a joint venture agreement with Nuclear Power Corporation of India (NPCIL) this month to foray into nuclear power generation.
Stumbling blocks for resolving the gas row between the Ambani brothers can be removed by putting together the family MoU and the demerger scheme, Anil Ambani-led RNRL told the Supreme Court on Wednesday.
Adding another feather to its cap, the prestigious IIT-Kanpur is all set to sign an MoU with the Malaysian government to provide technical and academic assistance in setting up an electronic hub in that country.
Rejecting the Ambani family agreement on gas, the government on Friday said a private pact cannot be allowed to threaten national interests and asked the Supreme Court to make it a party in the ongoing case between the group firms of Anil and Mukesh Ambani.
The MoU was signed on Monday between representatives of the state government and leaders of the Kangleipak communist Party-Nongdreinkhomba, Kuki National Liberation Front and Kuki Revolutionary Party.
Aiming at launching international services, all-business-class carrier Paramount Airways on Friday placed a $1.5 billion order for acquiring 10 Airbus A-321 aircraft with each of them costing over $900 million.
Prime Minister Narendra Modi on Tuesday held talks with his Nepalese counterpart Sushil Koirala on key strategic issues after which ten agreements, including a pact on $1 billion assistance to Nepal, were inked.
India's happy problem of plenty found its newest addition in rookie pacer Prasidh Krishna -- a Brett Lee and masala dosa fan who got some top-notch guidance from none other than Jeff Thomson in his journey to the highest level.
The defence and aerospace sectors have seen at least over Rs 10,000 crore worth of MoUs being signed during the summit.
Team Amazon would also educate and train the khadi artisans to directly sell their products to online customers.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
Cricket Australia (CA) and the Australian Cricketers' Association announced they have agreed a new pay deal "in principle" on Thursday, ending an acrimonious dispute that threatened a tour of Bangladesh and this year's Ashes series.
However, many historians, conservationists and artists have slam move to 'entrust' Red Fort to cement company.
The MoU says the gas supply agreement is with Reliance Energy and for the Dadri power project, senior counsel Harish Salve representing RIL said. "Nowhere does it say that the gas will go to RNRL," Salve told the division bench of Justices J N Patel and K K Tated. REL and RNRL are both Anil Ambani group companies.
The Pakistan Cricket Board has decided to take its compensation claim case against the Board of Control for Cricket in India to the disputes resolution committee of the International Cricket Council.
The company will also deliver an exclusive workshop to the government's key administrative officers on improving productivity by using Microsoft technologies
The Australian cricket board confirmed on Friday there would be no eleventh hour breakthrough in a bitter pay dispute with the players' union, leaving more than 200 leading cricketers uncontracted and the fate of future tournaments in limbo.
Pakistan didn't harbour any hopes of India fulfilling its commitment of playing the series.
Pakistan Cricket Board chief Shaharyar Khan said that he would push for the elimination of the Big Three governance system and revenue distribution formula.
Bharatiya Janata Party president J P Nadda hit back at Gandhi, accusing him of indulging in "mudslinging" and describing his attack as another 'failed" edition of 'Project RG Relaunch'.
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