Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
Indian roads continue to be among the most dangerous in the world. Few people are even aware that the Good Samaritan Law exists. Getting a licence to drive is still far too easy.
Financial planning need not be boring or solely be a man's job. It can be made fun and be used as another way to increase a couple's closeness and happiness! Try it!
With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India's second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds. Therefore, any international or domestic hospital chain that buys Fortis will simply catapult to the numero uno position.
The company runs 15 matrimonial websites under Bharat Matrimony and around 300 websites under Community Matrimony.
The government's new initiative appears to be timely for health and hygiene players, battling low awareness and the lack of use of branded products.
Lenders taking up incubator-style roles with small investments in start-ups
With the help of Practo Ray, doctors can share reports.
In its first overseas acquisition after parting ways with Honda, country's largest two-wheeler maker Hero MotoCorp (HMC) on Monday said it has picked up 49.2 per cent stake in US-based high-end motorcycle maker Erik Buell Racing (EBR) for $ 25 million (about Rs 148 crore).
The US president alleged that China had been indulging in tremendous intellectual property theft worth hundreds of billions of dollars on a yearly basis.
Only in case of equities will the nominee will automatically get the money.
Close to a million small shareholders have stake in nine NCLT-bound companies
The hype surrounding the Budget gives it undue importance.
Private sector firms need to be re-engaged for better infra planning.
A spokesperson said Sahara group is not into business with Trinity.
One Raj Shah has been the top Indian American in the Obama administration; the other Raj Shah is poised to play a key role in the Trump administration.
Bharat Biotech started work on developing a vaccine against Zika way back in 2014.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
For the first time since 2008, first quarter of 2014 (Jan-March) saw signing of 10 mega-contracts worth $100 million in ACV.
Unprecedented pay and perks like free healthcare for in-laws helping the likes of Flipkart, Snapdeal tap talent
None of the top five start-ups launched by IITians - Flipkart, Zomato, Ola Cabs, Housing.com and Inmobi - were incubated at IITs
New ITR form may be simpler, but some changes could stump you.
RBI will now increasingly shift focus to domestic parameters
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The bills were passed by voice vote.
The amount millenials spend on eating out is changing everything about the eating-out business.
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
There will be a review of employee compensation arrangement in the light of the new rules.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
In the first of a four-part series, Claro Energy co-founder Kartik Wahi takes you through his entrepreneurial journey
As many as 11,500 startups would come up in the country employing over 2,50,000 people by 2020, according to key findings of India Start-up Report 2014 of industry body Nasscom.
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The company's loss in the financial year 2013 was Rs 13.82 crore (Rs 138.2 million).
'The army has stopped short of exerting the sort of influence it may have done historically.' 'It is comfortable with its relations with the civilian government as the superior partner.'
The S&P BSE Sensex surged 160 points to close at 25,262.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance
In a meeting with stakeholders last week, the authority mooted setting up a Special Purpose Vehicle along with airlines and state-owned oil marketing companies to develop common infrastructure to import ATF, among others, at Chennai and Kolkata airports. While AAI and OMCs will hold 76 per cent in the proposed SPV, the airlines will participate in the remaining 24 per cent equity.
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