The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
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Among other scrips, which would be shifted to the trade-to-trade segment include 3i Infotech, Bartronics India, Ramky Infrastructure and Zenith Birla (India) Ltd.
Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain. Without Voda Idea, the Group will become smaller than Airtel and Jio.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
A defence ministry staffer, involved in the corporate espionage case, was remanded to one-day police custody.
The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of over a million people working there
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
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Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.
Inputs by the Petroleum Ministry were found among stolen documents.
A casual worker employed at the Defence Ministry was arrested on Tuesday for allegedly providing forged identity card to a key accused in petroleum ministry leaks case while police maintained that no sensitive documents were leaked or stolen from the defence ministry.
The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Financials were the top losers after sharp gains in the previous session along with ITC
Petrol and diesel are among the 90-plus commodities that have been approved by the government for derivatives trading
He allegedly advanced the cut-off date to favour accused firms in allocation of 2G licences.
The Delhi Police on February 20 arrested five corporate executives.
Delhi police on Saturday filed chargesheet against 13 persons arrested in connection with the petroleum ministry document leak case.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
A charge-sheet against Chandra and 12 others was filed.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Leaks of documents are neither new nor limited to particular ministries.
The five persons were arrested by the Crime Branch.
IOC, the key importer of petrol, has sought almost 700,000 tonnes for March-September delivery.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
ONGC was the top performer while private banking major ICICI Bank extended gains
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Transparency is more than welcome, but govt should not look vindictive.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
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