Promoters of companies who have pledged their shares to raise funds from banks will be asked to top up with more shares if the carnage in the market continues.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
The construction of the Hyderabad International Airport will start on September 1 and would be completed in 30 months.
This is part of the initiatives that the ministry is undertaking to use technology in order to make airport check-in seamless and formation of a no-fly list.
Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.
The biometric entry will take place with the consent of the passenger and the present system of check-in will also co-exist.
Kingfisher has faced lawsuits from GMR and GVK-group run airports and also faced cases of cheque bouncing.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
Union says move to privatise four more airports violates Tripartite Panel recommendations that govt accepted long back
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.
A ministry spokesperson said he wasn't aware of the development.
The project cost was pegged at Rs 4,766 crore (Rs 47.66 billion).
Analysts attribute this outperformance to the government's proactive economic reform measures
It is likely the airports - Chennai, Kolkata, Kochi, Pune, Ahmedabad, Jaipur, Lucknow and Guwahati - will be bid out for 30 years and the tariffs will be fixed upfront.
DIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
Govt has allowed transfer of clearances granted to the previous allottees to new owners.
Conglomerate has become the first corporate house in India's history to adopt a historical monument, in a Rs 250 mn contract spanning five years.
So far this year, there have been 76 private equity investments in India
Seven students were made international offers.
US and European institutional investors bought a majority of shares in the over Rs 4,800 crore (Rs 48 billion) QIP offering by telecom operator Reliance Communications.
Telugu Desam Party president N Chandrababu Naidu was sworn in as the first chief minister of new Andhra Pradesh at a function at Nagarjuna Nagar, 18 kms from Vijaywada on Sunday.
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
Oil and Natural Gas Corporation, Hindalco Industries, Tata Steel and Vedanta were down up to 70 per cent below their one-year highs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Group's Chairman Emeritus Ratan Tata said corporates who are eager to please the shareholders need also to focus on social issues such as these.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Senior Board of Control for Cricket in India vice-president and top DDCA official CK Khanna has been kept out of the two primary committees that will look into the organisation of the International Cricket Council World T20 matches at the Feroz Shah Kotla stadium.
Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.
The Bollywood actress and businesswoman co-owns the Indian Premier League (IPL) side Kings XI Punjab and has now expanded her cricket empire to include the Stellenbosch Kings in South Africa's newly-launched T20 Global League.
President Xi Jinping has appealed to Chinese tourists not to leave a bad reputation behind, and eat fewer cups of instant noodles while travelling abroad. "Do not litter water bottles everywhere. Do not damage coral reefs. Eat less instant noodles and more local seafood," the China News Service quoted Xi as saying in Maldives this week.
Assets that are on the block include loans, proprietary bond and equity investments.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
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