Chief Minister Arvind Kejriwal on Tuesday gave deadline of one week to them to address the problem of outages saying government will not hesitate to cancel their licenses if they fail to comply with the directive.
The court, however, asked the civic body to grant six months "breathing time" to the company in vacating the hotel in case they lose out in the e-auction.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
The impact of the ban will not be limited to sales.
RupeePower aims to become the No 1 originator of financial products.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
Instead of condemning all businessmen, the PM may like to listen to some of them.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
Realty players want single window clearance for all affordable projects, reports Karan Choudhury.
The scrutiny is expected to be over this month itself.
The senior Congress leader also said over 90 per cent of jobs are in the SME sector which requires an urgent push to boost the economy.
The ban does not speak about used luxury cars.
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.
Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
The RBI has agreed to consider the application of India Post in consultation with the government.
'Modi personally provides the higher direction of the ministry and the minister then works with bureaucrats on implementation,' points out Aakar Patel.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
The breadth was neutral with 1,329 advances and 1,320 declines.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
DFS writes to departments that haven't responded to RBI's request for information.
Japanese automaker says the 'element of trust has been broken'
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
HUL has achieved few milestones in the fiscal gone by and hence is performing good on revenues front.
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
Pollution is not merely the price to be paid for growth; it is also a drag on the same growth.
