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Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.
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Private sector firms need to be re-engaged for better infra planning.
The Bombay High Court refused to stop publication of photographs of a defaulter firm in newspapers, saying that it was in larger public interest.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
The Supreme Court on Monday gave conglomerate Sahara another three months to come up with a final proposal to raise funds against its assets to secure bail for its founder Subrata Roy, who has been held in a New Delhi jail for more than a year. Sahara has made several failed attempts to raise $1.6 billion in bail money. Roy was jailed after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal. The Supreme Court last week gave Sahara, a sprawling conglomerate that ranges from property to Formula One motor racing, a final chance to raise funds in order to bail out Roy. On Monday, the country's top court allowed Sahara to sell part of its Aamby Valley township outside Mumbai, which has luxury villas and a golf course, to raise funds.
The top court last week gave Sahara a final chance to raise funds.
Kalanithi Maran, the former promoter of Spicejet, has moved the Delhi High Court against the airline.
'The military aim in a future conflict, if it can't be avoided, should be to cause maximum damage to the adversary's war waging capability and capture limited amount of territory as a bargaining counter,' says Brigadier Gurmeet Kanwal (retd).
Dubai, Singapore, London are the top overseas markets for Indians
Ratnagiri Gas & Power Pvt Ltd, in charge of Dabhol assets since 2005, has admitted it is passing through a difficult phase in the absence of gas allocation and low recovery of dues from the Maharashtra State Electricity Distribution Company.
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The total quantum of water supply has barely improved since Independence, while demand has exploded, points out T N Ninan.
'What will this supposedly more business-friendly government do if it gets a second term?' 'Important labour law and land reforms remain off the table.' 'Witness the arm-twisting of foreign players in e-commerce and all but one player in telecom -- and it is very hard to justify this perception that the BJP is business friendly.' 'There will also remain the real risk of ideas seemingly gleaned from the pages of Amar Chitra Katha, overlaid with PowerPoint presentations,' predicts Rahul Jacob.
Pai said he was also against 'naming and shaming' willful defaulters of bank loans.
The bankers also alleged that the Rs 594-crore claim at this point of time is a clear-cut tactics of UBHL to delay the process of justice, knowing fully well that the case is on the verge of disposal.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
RBI, Enforcement Directorate to see if money was sent to tax haven
Infra experts say govt will first need to figure out how to exploit real estate along the proposed routes.
It is expected to bring transparency and reinstate consumer faith in the industry, says Brotin Banerjee.
Despite the growing clamour from the central government on India turning digital, and banks requesting direct bank account transfer, the state government decided to hand over cheques to the farmers, which can be immediately converted into cash.
"I would also like to tell judges that do not be afraid and keep going on the path of justice," Modi said.
The FA is to investigate an alleged anti-Semitic gesture made by West Bromwich Albion striker Nicolas Anelka during Saturday's 3-3 Premier League draw at West Ham United.
Drawn in by fuzzy promises about unleashing the entrepreneur in each of us and the benefits of being one's own boss, people find themselves instead oppressed by an algorithm, notes Rahul Jacob.
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
'Jaitley should get the GST and multi- brand retail bills passed to achieve 9%+ growth.'
'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).
The DMK has been alleging that the AIADMK government was being controlled by the BJP government at the Centre.
Private investment will respond only to sustainable reform.
Sahara relied on a letter from bank saying the funds were there.
He said the NDA's work culture was different from that of the previous governments.
'The idea is to align the HR policies and work culture with changing times'.
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
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Modi should bluntly ask Chinese President Xi Jinping why he was willing to put his neck in the Pakistani noose, ignoring all that is known of Pakistan's perfidy, says B S Raghavan.
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
The buyer is well within his right to ask for a penalty clause in the agreement.
The government is now contemplating issuing an executive order to implement these measures, which would need to be approved by lawmakers within six weeks of the opening of the next session of parliament, scheduled for the beginning of February. India's president would also need to agree.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
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