Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
India's reluctance to accept the Decision Review System in its current form has cost them what would have been a crucial, match-changing wicket in their loss to Australia at the WACA Ground on Tuesday. The home side were in trouble at 2-21 in the fifth over chasing 310 for victory when debutant quick Barinder Sran and India's fielders appealed for a leg-side catch from George Bailey's first ball. A muted appeal from captain and wicketkeeper MS Dhoni may have contributed to the not out decision from umpire Richard Kettleborough, but replays showed a clear deflection from Bailey's glove.
'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'
The industrial output for the third month in a row remained in the negative territory, contracting 1.5% in January
Corporate Affairs Secretary Injeti Srinivas said the issue is how the interests of stakeholders are to be balanced
Lord Harry Woolf, the former judge whose review of the ICC's governance structure was rejected, has lambasted the proposed revamp of the body which would cede executive decision-making to India, Australia and England, calling the controversial plan a 'retrograde step'.
Nirmala Sitharaman has a God given opportunity to orchestrate a transformation in India's defence capabilities. One hopes she has her own counsel and does not overly let the PMO run her ship, says Group Captain Murli Menon (retd).
RBI should monitor export credit offtake and how well banks implement its instruction.
The market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.
From teaching to YouTube, these ideas will help students chase their dreams early on.
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression.
Who was Mohammad Azharuddin? More crucially, *what* was he? Those are precisely the questions that, as the end credits roll after 132 minutes of run-time, remain unanswered, feels Prem Panicker.
Former CAG Vinod Rai said he will not take a single rupee in remuneration from the government for his work.
With the revision of the HRA, which was extended to include the west coast of India in 2010, some of the country's maritime security concerns like floating armouries and proliferation of private security are likely to be addressed, the Navy said.
The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."
'Trading is about psychology; 75% of it is about keeping your emotions in check.'
Madras High Court has stayed the Central Information Commissioner's (CIC) proceedings on declaring the Board of Control for Cricket in India as a public authority under the RTI Act.
The ICC Board accepted the resignation of former president Mustafa Kamal, effective from April 2, and confirmed that no replacement would be appointed for the remaining weeks of his term.
Here are the key decisions announced by the Reserve Bank of India on Thursday.
Even though the powers of the board of directors stand suspended once a company's insolvency process begins, it does not absolve the directors from actions taken up to two years earlier.
'Everybody has freedom, but you cannot start a fire in a crowded theatre.'
On Tuesday night with veteran BJP leaders raised a banner of revolt against the leadership of Narendra Modi in the wake of Bihar debacle saying that the party has been "emasculated" in the last one year.
Cricket Australia have signed a four-year agreement with energy provider Alinta Energy, potentially laying to rest concerns over a financial fallout from the ball-tampering scandal in March.
This was reflected in India Inc's lackadaisical attitude towards sensitising employees on fraud prevention.
By the end of 2017, the Chinese firm had emerged as the fastest growing brand after posting 343 per cent growth with 19 per cent market share for the full year.
Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
The two were convicted on July 6 in the Avenfield properties case linked to the Sharif family's ownership of four luxury flats in London.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
'The Sabarimala issue is no longer in splendid isolation.'
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
How the 4 ministries have performed
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.
Goenka has not even attended the last three annual general meetings of the company, yet he drew around half of the managing director's pay
Concerned by fresh protests, Pakistan government has decided to send a security team to assess the situation in India before taking a final call on the team's participation in the upcoming T20 World Cup.
The commercial prospects of day-night Tests, however, have not been lost on the world's richest cricket board and it announced last month it would host a floodlit Test against New Zealand when the Black Caps tour later this year.
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