These together account for 40 per cent of bad loans of around Rs 4 trillion.
More punitive action was needed against the company and the management, say experts
The return of private investment now struggles with lack of funds and election-driven uncertainty.
RIL has filed a petition before SAT against Sebi's rejection of its application for 'consent settlement' of a probe into alleged violation of insider trading norms in sale of shares of the company's erstwhile subsidiary RPL.
ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.
'This government has not created any employment.' 'Forget employment, the government had not done anything in skill development.'
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
Patanjali, the lone player left in contention after the exit of Adani Wilmar, had last month increased its bid value by around Rs 200 crore to Rs 4,350 crore for Ruchi Soya.
When powers vested by the Finance Bill 2017 begin to get mildly used, fellow Indians living in the corporate bubble will get a faint whiff of what life can be like when you run a grocery store in the streets of Kashmir or the North East.
When it closed close down the copper plant at Thoothukudi in 2013. Its orders were held illegal by the NGT on procedural grounds
Reliance Industries Ltd had sought to settle certain investigations into alleged violation of insider trading norms in sale of shares of its erstwhile subsidiary Reliance Petroleum Ltd, but the application to settle of the matter under Sebi's consent framework was rejected by the regulator.
The bench observed that it needs more time to study Sebi's view on the matter.
RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.
India Inc has couter attacked claims by US presidential candidates about the drain of jobs from US to India.
According to industry players, over 50 FMPs have exposure to Zee Group companies.
The hotels in the pipeline will include a range of Marriott brand portfolios such as JW Marriott, Tribute Portfolio and Sheraton.
"The Indian government approached asking us to open the airspace. We conveyed our concerns that first India must withdraw its fighter planes placed forward," Nusrat told the committee.
In the eye of storm over his $22.7 billion takeover bid for Arcelor, NRI steel tycoon Lakshmi Mittal faced fresh charges of "excessive pricing" policy over the sale of steel to the local industry in South Africa.
The green panel ordered a survey to seek views of the common people about what they feel on ground about the pollution in the Ganga.
RInfra's plan to lease out headquarters property may face legal hurdle. Moreover, PE players with balance sheets that can take on Reliance Centre Office in Santacruz would be limited and include a handful of players such as Blackstone group, GIC, Brookfield Asset Management and Maplewood Investments.
The government plans to set up a national company law tribunal in a bid to streamline liquidation proceedings of companies.
The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.
In its petition, PETA has contended that manja posed a grave threat to humans and animals as every year a number of deaths are caused by it.
Vodafone's operating loss from India business jumped to 692 million euros in April-September from 133 million euros in the same period last year.
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.
The Telecom Dispute Settlement and Appellate Tribunal on Friday, by a majority judgement of 2:1, dismissed the petition filed by cellular operators challenging government's decision.
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar.
The finance ministry also said the maximum funding will be Rs 400 crore for any single project that will be seeking assistance from the 'special window' for completion of the 1,508 projects comprising about 4.58 lakh units.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
First case filed after new norms come into force, NCLT admits plea.
The prostitution scheme was masterminded by Kishan Modugumudi and his wife Chandra, 31 where they charged clients up to $3,000 (Rs 2.04 lakh) for each sexual encounter.
Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.
The government had disallowed as much as $1.005 billion of its investment as KG-D6 output lagged targets.
Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.
Tax experts say one of the most dispute-prone proposals is making "fraudulent availing" of input tax credit (ITC), without an invoice or bill, a cognizable and non-bailable offence.
The state has allowed industrial units in special economic zones (SEZs) to lay off workers without government's sanction, regardless of the number of workers
'The forces of good are on the run.' 'But dark times also challenge people to fight.' 'I believe Indians will rise against these dark times.'
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