The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
With Ola Corporate, aims to provide services to 10,000 firms by next year
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
Deal to bolster firm's position in healthcare IT.
TCS will have to deliver higher revenues in the succeeding quarter of FY15.
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
From teaching to YouTube, these ideas will help students chase their dreams early on.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Chinese bicycle sharing giant Ofo launches service in seven Indian cities.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
The traditional Indian desserts market is around Rs 40,000-45,000 crore (Rs 400-450 billion).
In a forthright "last public lecture" before he retires next week, RBI Governor D Subbarao was on Thursday sharply critical of the government, blaming its "loose fiscal stance" for the current economic woes, and warned that the root cause of rupee depreciation is "domestic structural factors."
UTC India is playing up the umbrella brand of Carrier and OTIS to push integrated services.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
Affordable CFO services for firms that lack resources.
Smart homes that do your everyday tasks are now coming on the Indian market. Several real estate firms are making this reality as they venture into constructing automated homes.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
Firm to prune domestic costs through initiatives such as voluntary separation
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
The insurer plans to hire about 2,00,000 agents this financial year.
Modi said officers must fix clear targets to improve the country's tax administration by 2022, the 75th anniversary of Independence.
Nasscom is sending team there to check out ways of accessing markets, funding and the technology landscape.
Not only young companies, even some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. Sangeeta Tanwar reports.
'We want to make in India but it will depend on volumes and partner ecosystem.'
One of the good things about our business is, if customers are under pressure and in a cost-cutting mode, we are able to provide more efficient solutions.
A team of 50 people led by celebrity chef Sanjeev Kapoor and NGO Akshaya Patra supervised the night-long preparations and yoga guru Ramdev put crowning tadka in the dish at the World India Food event that will conclude on Sunday.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Is this paradigm shift in brand-consumer power-sharing coming to fruition in India too?
Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.
The struggling smartphone maker has been slashing prices of its handsets in India -- Z30, Z10, Q5, 9320 and 9720 -- to drive sales due to competition from Android, iOS and Nokia's Windows Phone, which have been offering devices at affordable prices.
With the weaker-than-expected agreement at the recent Climate Change Conference at Lima, there is an urgent need to highlight endeavours in civil society and business for a sustainable global economy with grassroots empowerment, say Rajni Bakshi.
Infosys: Sikka magic may revive double-digit revenue growth
Lalu handled the obstacle of 'departmentalism' with ease.
Future strategy will not just revolve around EVs: Maruti Suzuki's Ayukawa. Maruti Suzuki's MD&CEO says electric vehicles cannot be a solution outside the cities.