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Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

Amazon gets show-cause notice from CCI

Amazon on Thursday said it has received a show-cause notice from the Competition Commission of India (CCI) based on a complaint filed by Future Group, with which the e-commerce major is locked in a......

'Videocon lenders to eventually take 50-55% haircut'

Lenders to Venugopal Dhoot-founded Videocon Group will eventually take 50-55 per cent haircut and not 95 per cent as is being reported after considering about Rs 15,000 crore expected from the sale......

Tribunal stays Vedanta's take over of Videocon

The National Company Law Appellate Tribunal on Monday stayed industrialist Anil Agarwal's Twin Star Technologies' Rs 2,962.02 crore-takeover bid of debt-ridden Videocon Industries. A two-member......

'We'll have to live with branches for some time'

'67 per cent of our transactions happen digitally and about 93 per cent of transactions happen outside the branch.''Despite that, there is ample scope for promoting banking-related activities in......

How Insolvency Process is being Gamed

The brand new bankruptcy process is being brazenly gamed by those with connections and money.The touts and fixers of the previous regime have been replaced by a new set close to this one, observes......
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