Stocks of SpiceJet on Friday surged nearly 10 per cent after the company returned to original promoter Ajay Singh for its revival in a multi-layered deal worth up to Rs 1,500 crore (Rs 15 billion).
Reliance Energy Ltd is planning to buyback part of its equity shares from the market.
Amazon has filed a legal challenge at the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) suspension of the US e-commerce giant's 2019 deal with Future Retail (FRL). Amazon has challenged the CCI order on at least five grounds, and the matter is likely to be listed this week, according to the sources. Parallelly, Amazon's Indian unit has approached the Supreme Court against a halt on an arbitration case against Future Retail's (FRL) asset sale to Reliance Industries (RIL).
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
Budget 2016 may hold some answers to start-up cooncerns.
The regulations will only apply to the share purchases that have been done after October 1, 2004
New listing on the BSE will create more jobs, say experts.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
The Delhi HC restrained the ED from arresting Karti in a money laundering case till March 20
Budget carrier SpiceJet has accepted the resignation of its chief Executive Niel Raymond Mills, 18 months before his service contract was to expire.
The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.
Likely to rake up the issue of open offer exemption.
The markets regulator made it easier for banks to acquire control in listed companies.
To unravel Khan's overseas business, one has to rewind to 10 years ago when Londoner Richard James Moore floated a real estate company called Winford Estates in Surrey.
Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out with a counter open offer, with the backing of a financial investor.
Maruti Suzuki India is facing stiff resistance from private sector mutual funds and insurance companies, which own almost 7 per cent of the company, for its decision to allow Suzuki to make cars for the Indian car-maker at a proposed plant in Gujarat instead of manufacturing vehicles itself.
This will help the company reduce its debt that has doubled to Rs 40,177.6 crore in four years.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
CBI has also summoned a senior official of Reliance Industries Limited and a noted chartered accountant.
Financials were the top losers after sharp gains in the previous session along with ITC
Etihad's acquisition of 24 per cent stake in Jet Airways was the first FDI in an Indian carrier by a foreign airline.
The scrutiny is expected to be over this month itself.
RBI had received 72 applications for small finance bank licences.
Sebi is examining if speculators and persons acting in concert are behind the huge movements in these stocks
The move is likely to hit Bharti-Walmart, the 50:50 joint venture between the US' Walmart and Sunil Mittal-led Bharti Group that operates cash-and-carry outlets in India, the most.
Even as politics engaged him more, he never hid his way of life. On one occasion, Morarji Desai pleaded with him to stop drinking publicly. "You stick to your pissky and I'll stick to my whisky'' he is supposed to have told him.
The new norms were cleared by the Securities and Exchange Board of India in New Delhi on Thursday and the relevant provisions would be incorporated in the listing agreement soon, Sebi Chairman U K Sinha said.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
The court allowed Karti to carry spectacles and medicines as per prescription subject to examination and approval by the jail doctor, but denied his request to carry toiletries, books, clothes and home food.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
During the arguments, the ASG said FIPB officials have also been interrogated and all of them are holding high offices in their respective fields.
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