In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
'The one thing that a cricketer aspires for is earning the respect of the dressing room and that respect is earned only when any player puts his hand up in adverse conditions and does his job for the team.'
Says GDP growth rate from 2014-15 to 2015-16 will be greater than that of 2014-15 from 2013-14
The optical data storage product major Moser Baer India Ltd announced on Tuesday that the European Commission has terminated the anti-dumping proceedings against the company
These are companies with a strong track record and good prospects on earnings.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
The Allahabad High Court on Wednesday ordered the cancellation of the appointment of controversial Uttar Pradesh Public Service Commission chairman Anil Yadav, who was accused of turning the state's highest recruitment body into a private fiefdom by handpicking largely Yadavs for all top jobs.
Under Railways, the two sides agreed to pursue specific collaboration arrangements in heavy haul, station redevelopment and raising speed of existing trains in India.
'Electronic media splash sensational headlines of the bulb prices about to cross the three-figure mark and focus on customers looking longingly at baskets full of onions, bemoaning their misery without this essential staple of their diet,' notes Shreekant Sambrani.
They were shut when PSUs were selling heavily subsidised fuel; will reopen now, buoyed by diesel decontrol
'We have often heard the mythical argument that patents block access to life-saving drugs, but only 5% of medicines from multinational companies are under patent protection in India.' 'Where these patented products are beyond the reach of Indian patients, the companies have programmes to facilitate access to their drugs, for free or for a fraction of the price,' points out Ranjana Smetacek, former director general, Organisation of Pharmaceutical Producers of India.
Summary of sports events and persons who made news on Wednesday
In tune with Prime Minister Atal Bihari Vajpayee's recent promise, the government and Reserve Bank of India are all set to enhance credit flow to the small-scale sector and are likely to ask banks to extend loans at competitive prime lending rates.
Cricket pitches need to be more bowler-friendly if the rising imbalance between bat and ball is to be addressed, Indian batting great Sachin Tendulkar has said.
These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
Ranbaxy was asked to sell all products containing Leuprorelin which are marketed and supplied under brand name Eligard.
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
As a percentage of the military budget, the navy's share has fallen from 19 per cent in 2010-2011 to just 15.5 per cent this year. With the Indian Navy's annual budget declining steadily, security planners are reluctant to green light crucial projects, discovers Ajai Shukla.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
The United States 'is leading the world in the use of compulsory licenses, and is hypocritical in voicing indignance when developing countries issue compulsory licenses for essential drugs,' Washington-based Knowledge Ecology International, with its offices in Geneva, has alleged.
There are some 20-odd schemes with this default provision, or something close to it.
EC received the RBI proposal in the first week of this month, soon after the model code of conduct came into force on March 5.
Over 3,500 police personnel have deployed as the farmers began their march from the Ramlila Maidan to Parliament at 10.30 am.
The FY13 fourth quarter (Q4) earnings, however, fell short of analysts' expectation, as debt was still high at Rs 21,730 crore (Rs 217.3 billion), with much of the targeted non-core sales done.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
India's boxer L Sarita Devi's career could be finished after her 'unacceptable' behaviour at the Incheon Asian Games where the fighter refused to accept her bronze medal on the podium, the president of the governing AIBA said on Wednesday.