The UAE-based Emirates Telecommunication Corporation (Etisalat) on Thursday filed a petition against Shahid Balwa and Vinod Goenka, promoters of the beleaguered Swan Telecom, for "fraud and misrepresentation".
Defending the timing of Yes Bank's moratorium, Reserve Bank of India governor Shaktikanta Das on Friday assured swift resolution to the issues concerning the beleaguered lender. "The resolution (to Yes Bank) will be done very swiftly, it will be done very fast. 30 days which we have given is the outer limit. You will see a very swift action from RBI," Das told reportters in Mumbai.
A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.
Contrary to the General Motors India's expectations of starting work at its beleaguered Halol plant from Monday, the deadlock over wage revision seems far from over.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
Worst quarter in a decade, fund crunch, Fitch downgrade and messy NPAs. . . he has had little to cheer about
Facing severe turbulence, Kingfisher Airlines today started truncated operations in accordance with its new flight schedule, as aviation regulator DGCA examined its operational details to consider whether to take any punitive action against it for flouting norms.
The All India Football Federation (AIFF) officially announced on Tuesday that it has decided to part ways with beleaguered U-17 World Cup coach Nicolai Adam by "mutual consent".
A couple of days after being sacked, India's Ukraine-based athletics coach Yuri Ogorodnik accused Sports Authority of India for poor standards at the NIS Patiala.
Dr Singh would like to be remembered by history as the PM who achieved a breakthrough in India-Pakistan relations, believes Neerja Chowdhury
Australia finally have the chance to bring some cheers to their fans after an egregious 2018 when Tim Paine's men take on Sri Lanka at the Manuka Oval from Friday with a series victory beckoning the beleaguered hosts.
The capital's ever-shifting power class remains unsettled and unnerved seeing the power, favour, nepotistic and quid pro quo pillared superstructure gradually crumble under Narendra Modi's watch -- the only mantra that seems to be taking centre stage is that of performance, implementation and delivery, says Dr Anirban Ganguly.
'When Mr Bhujbal was with the ED officers throughout the day and cooperating with them, what was the need to arrest him?'
The company has made payment in compliance with Telecom Department's instructions for self assessment, Mittal said, adding that the Supreme Court had not mentioned specific amounts.
There is a lot that the SAARC can do if only its two biggest countries, India and Pakistan, leave their disputes back home. Sheela Bhatt gauges the mood at the opening day of the regional summit in Thimphu, Bhutan.
Batting legend Sachin Tendulkar on Sunday threw his weight behind the beleaguered Indian team and said that the Virat Kohli-led side will bounce back from the embarrassing defeat against Australia in the first Test in Pune.
UB Group stocks, led by United Breweries Holdings Ltd, on Monday slumped by up to 5.3 per cent as trouble mounted for Vijay Mallya.
Yuvraj Singh and Mahendra Singh Dhoni turned the clock back with a batting masterclass as the old warhorses' twin tons powered India to a 15-run win over England in the second One-day International and take an unassailable 2-0 lead in the three-match series.
In what may help beleaguered airlines Kingfisher, the finance ministry has approved a draft Cabinet note floated by the commerce and industry ministry allowing foreign fliers to acquire up to 26 per cent stake in India's aviation companies.
It's time the government accepts that Digital India is too distant.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
A Sports Ministry source said that 'the minister (Kiren Rijiju) is set to start an inquiry.'
Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The controversy over fund collection for Congress president Sonia Gandhi's rally at Sevagram in Wardha district on Friday could land Maharashtra Pradesh Congress Committee chief Manikrao Thakre in trouble. The All India Congress Committe indicated that it was not coming to the rescue of the beleaguered leader, amid questions whether he was off the hook or being proceeded against.
So, does the Brio live up to the hype, in the end? After this first-drive, I would have to answer in the affirmative.
AB de Villiers made this offer in May, barely 24 hours before the final squad for this ongoing showpiece in the UK was to be announced by Cricket South Africa.
Commerce Minister Anand Sharma is in a fighting mood, blasting everybody, more so the media, the moment you offer any criticism of the Commonwealth Games that will open in New Delhi on October 3.
Since KPMG is not registered in India, it cannot undertake auditing work or restate accounts of beleaguered Satyam Computer Services, said Ved Jain, president of the Institute of Chartered Accounts of India.
After being comprehensively thrashed by 79 runs in the opening ODI of the three-match series, India, for the first time, are staring at the ignominy of series defeat against the proverbial minnows of world cricket.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
VIL pegs dues at Rs 21,533 cr, less than half of DoT estimate. During a meeting with Vodafone Group CEO Nick Read, Telecom Minister Ravi Shankar Prasad made it clear that the government is against a monopoly in the telecom sector, and wants Vodafone Idea to survive and remain invested in India.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
'Where did this fungus suddenly come from and get all over the country?'
'Deepika can't play just a typical Salman heroine.'
'While many Chinese policy makers dismiss the political, economic and technological component of US-India relations, they express caution on the defence-related ties which also happens to be a major driver in US-India relations,' explains China expert Srikanth Kondapalli.
Aaron Finch and his men arrived in India as clear underdogs, having endured a wretched couple of years in the format during which they lost six ODI series in a row and were ravaged by a ball-tampering scandal.
'Often reviled, mostly ignored, sometimes venerated, he has taken it all in his stride.' 'He has stood by the nation through thick and thin,' says Brigadier Gurmeet Kanwal (retd).
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