The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock Consortium's resolution plan for the bankrupt Jet Airways.
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Monday approved Piramal Group's resolution plan for the beleaguered Dewan Housing Finance Ltd (DHFL), which has been reeling from the insolvency process since 2019. The plan put forward by Piramal Group, which has offered to pay Rs 37,250 crore, has been approved by the committee of creditors (CoC), the Reserve Bank of India (RBI), and the Competition Commission of India (CCI).
A two-member bench headed by Justice S J Mukhopadhaya said there is no stay on the Resolution Professional of Essar Steel to disburse the funds among financial and operational creditors of the company.
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
Telecom major Airtel has decided against renewing the title sponsorship contract with the BCCI for India's international matches at home leading to the Board calling a marketing committee meeting in Mumbai, on Thursday.
A softball game in Fukushima prefecture will give the Tokyo 2020 Olympics a symbolic start
Dikshit would be assisted by three working presidents -- Devender Yadav, Haroon Yusuf and Rajesh Lilotia.
The race for three cities hoping to land the 2020 summer Olympics will go down to the wire after two years of campaigning as Istanbul, Madrid and Tokyo grapple with their own problems ahead of Saturday's vote.
India believes "terrorism is a major issue for China. They know a number of terror groups are based in Pakistan", sources added.
The draft bill seeks to amend relevant sections of the Indian Penal Code, Code of Criminal Procedure and the Protection of Children from Sexual Offences (POCSO) Act for the proposed law's application in the state.
The decision is being seen as a balancing act in the faction-ridden party in the state.
Here's the lowdown of charges and counter-charges over the multi-dollar deal.
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
Modi will also perform the ground-breaking ceremony for the building, which is expected to be completed by 2022 at an estimated cost of Rs 971 crore.
Organisers said they would explore partnering in areas including the exchange of personnel and information and language services, and actively promote each other's Games and work closely on the flag hand-over ceremonies.
From Rihanna's hit single "Diamonds" to hard economics, bid officials for Istanbul, Tokyo and Madrid made their pitch for the 2020 Olympics to the International Olympic Committee on Thursday as the race enters the final stretch.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
Tokyo was awarded the 2020 summer Games on Saturday, beating Istanbul in a head-to-head vote after Prime Minister Shinzo Abe had addressed the International Olympic Committee in person to allay fears over the crippled Fukushima nuclear plant.
Scientists and medical experts are concerned about how things might look next summer, a year after the Tokyo Games were postponed.
A day after his fans held an agitation, urging him to reverse his choice, the actor said he has already made known his decision and explained the reasons for it.
The former Deputy chief minister made the sensational assertion on his twitter handle, sharing a mobile number which, he claimed, Prasad was having access to despite serving sentences in fodder scam cases.
The sources further said that around five statues, including of Mahatma Gandhi and Bhim Rao Ambedkar, in the Parliament complex are also likely to be relocated temporarily due to the construction work and they will be reinstalled at prominent places within the new complex once the project is completed.
Tokyo 2020 medals unveiled a year before Games
The Indian cricket board's marketing committee is to meet in Mumbai on May 31 to wrap up the much-delayed team sponsorship details for which the BCCI issued a tender notice inviting bids on Monday.
International Cricket Council Chief Executive Manu Sawhney has been sent on 'leave' after his conduct came under the scanner during an internal investigation by audit firm PricewaterhouseCoopers and may resign before his term ends.
At Lasalgaon mandi, Asia's largest onion selling market, the onion price jumped Rs 1.50 a kg to Rs 32 a kg, the highest since January last year.
India must start winning medals in "double digits" in the Olympics if it wants to realise the dream of hosting the 2032 Summer Games, Indian Olympic Association president Narinder Batra said.
The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.
The development comes a day after RCom posted a consolidated loss of Rs 30,142 crore for July-September 2019 due to provisioning for liabilities after the Supreme Court ruling on statutory dues.
News that transpired on and off the football field.
If the reforms are implemented, multi-brand retail majors such as Future Group and Reliance Retail might enter the fuel retail space.
The veteran Congress leader said the NDA's success was attributable to the absence of a strong and united Opposition.
The hunger strike between 8 am and 5 pm is part of the farmers' plan to intensify their agitation from Monday.
All India Football Federation president Praful Patel was elected on Saturday as a FIFA Council member. He is the first Indian to make it to the prestigious panel.
US Defence Secretary Llyod Austin described China as a pacing challenge for the United States.
Violation of the provisions entails a punishment of a jail term up to five years or with fine up to Rs 1 crore or with both, the ordinance released by the Ministry of Law and Justice on Thursday said.
The Government of India amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds of defence of India, or matters directly or indirectly related thereto including national security, an official statement said.
"Time has come for Pakistan to decide in its own interests. We will do what's in Pakistan's interests," Qureshi told Geo TV in an interview.
'If you put your own party into the witness box, like what Sidhu did, and treat them as wrongdoers, then how will the people of Punjab trust the party?'
The earlier attempt at its auction had received a bid of Rs 1.09 crore as against the then reserve price of Rs 152 crore
