A financial loss of Rs 8 to Rs 10 crore has been estimated due to the violence.
What will the Centre and the Tamil Nadu government do to answer the queries and fears of investors who will want to be doubly sure they would not be harassed at a later date, as has been happening to Sterlite, should be interesting to watch, says N Sathiya Moorthy.
The Telecom Dispute Settlement and Appellate Tribunal on Monday adjourned its hearing on the limited mobility issue, and will hear the appeal on March 17.
Besides launching 50 products with a refreshed logo, Britannia to issue bonus debentures of Rs 720 crore
Parliament Tuesday approved the Companies (Amendment) Bill, 2002 with Rajya Sabha returning it after Finance Minister Jaswant Singh assured that a comprehensive legislation on the subject would be introduced in the budget session of the Parliament.
The agenda for the year 2020 is well laid out -- launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants. But, it has to ensure effective implementation of various policy tweaks done so far.
'One by one we are seeing these private banks taking people's money and mismanaging it.' 'In the last 30 years, 30 private banks have collapsed.' 'Nationalise all banks so that people's money is safe.'
'Car makers would be in a better position to adopt norms'.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
NuPower will return loan with interest to consumer durables major by 2021
So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
Gadkari said the NDA govt is keen to develop inland waterways in the country.
Other Graded Response Action Plan measures like ban on diesel generators, hot mix plants, stone crushers and brick kilns, however, continue to remain in place.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
The case has also brought to limelight 'technicalities' involved in the practice of Sebi giving 'observations' and not 'approval or clearance' for an IPO
Beginning his film career in antagonistic roles, he later emerged on his own to become a hero. Ambareesh also had a successful career in politics having been an MLA, a Lok Sabha member and a former minister at the state and central levels.
What's driving consumers to petrol cars? Ajay Modi finds out.
However, restriction on opening of liquor vends within 500 metres of highways will remain as per the directions of the Supreme Court.
State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.
Urban ministry changes rule before public consultation by environment ministry
Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
'Everyone knows that you including your son won't be able to spend all the wealth that you have earned then why not at least pay the salaries of your employees,' the letter said.
Civil Aviation ministry has cancelled approval to the controversial private airport project at Aranmula in the Pathanamthitta district of Kerala.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
China will prioritise the development of a floating nuclear power platform in the coming five years.
The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.
'We are really distressed. All of us are broken, shattered. Two years of hard work and crores of rupees have gone down the drain because of piracy.' The Great Grand Masti team speaks out.
The government is considering giving financial incentives of up to Rs 1.5 lakh on surrender of over-ten-year-old vehicles to check pollution.
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
'The government must make clear once and for all that promotions in the Indian Army are not the right of individuals, but a privilege given in accordance with role and function.'
Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
The NGT has asked the Centre to respond to the plea of an environment enthusiast alleging that large-scale burning of municipal solid waste in Agra was turning the Taj Mahal yellow.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
Sebi has asked exchanges to appoint independent auditors to conduct forensic audit of these firms for verification, including their credentials/financials.
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