The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime
PWD minister Satyendra Jain has deployed around 100 trucks with 10 workers each to clean up the city.
Supposed to be one of the top-paid stars in Tamil cinema, actor Vijay is known for his big-ticket hits and commands good box-office opening.
The protesting workers were later pacified and brought down after some time, the police said, even as the district administration took note of the matter and an inquiry has been initiated, according to officials.
IndiGo is facing acute shortage of commanders amid aggressive expansion of its fleet. The carrier has more than 210 planes in its fleet.
Mahesh Bhupathi was on Friday accused of non-payment of dues by the production company that was involved in the broadcast of his star-studded league International Premier Tennis League (IPTL) but the Indian tennis ace said he is not responsible for the situation.
The AAP leader did not clarify whether 300 units of free electricity will be given per month as Punjab has a two-month billing cycle.
Pradeep Bhandari, a consulting editor with the news channel, in his letter written on Sunday to the CJI alleged that Goswami has been shifted to jail on a 'false pretext' and he would be kept inTaloja Jail with 'hardened' and 'underworld' criminals.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
Sources said Sahara filed a case in the Bombay High Court a few days ago on non-payment of dues. According to sources, Jet was to pay Rs 900 crore to Sahara upfront, while Rs 137.5 crore was to be paid in yearly instalments over four years. Jet defaulted on the yearly instalment, they said. The source added that Jet's payout to Sahara in case of a single year's default could be Rs 550 crore.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
A sessions court in Mumbai has dismissed a criminal defamation complaint filed by a Mumbai police officer against Republic TV editor-in-chief Arnab Goswami over certain claims made during the coverage of the Sushant Singh Rajput death case.
Delhi Police's Economic Offences Wing has arrested the Managing Director of Unitech and another person for allegedly not developing a project despite receiving funds from investors, police said.
Zimbabwe have been expelled from the 2018 World Cup qualifying competition.
The bench said that there are reports coming that many areas doctors are not being paid. "We saw report that doctors went on strike. In Delhi, some doctors have not been paid for past three months. These are concerns that should have been taken care off. It should not require court intervention."
Chhattisgarh government on Wednesday attached properties worth Rs 10 crore (Rs 100 million) of aluminium giant Balco for non-payment of state government dues, official sources said.
The high-profile journalist has been remanded in judicial custody till November 18.
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
While five resident doctors of Hindu Rao Hospital had been sitting on a relay hunger strike since Friday, the senior doctors of the North Corporation-run facilities had gone on an indefinite strike on Tuesday. Their associations had joined hands in solidarity since Tuesday.
With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.
Case is related to payment of user development and passenger service fee.
The indirect tax department on Thursday hinted that Vijay Mallya, owner of the grounded Kingfisher Airlines, may face prosecution in a service tax evasion case.
However, despite the reduction, their interest rates would be about 50-100 basis points higher than those of banks
The government on Friday suspended the international long distance licence of Data Access for non-payment of over Rs 200 crore (Rs 2 billion) due to department of telecom and other operators like BSNL and MTNL.
Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?
The Bombay high court on Friday granted interim exemption to TV journalist Arnab Goswami from appearing before a magistrates court at Alibaug in adjoining Raigad district in connection with an abetment to suicide case.
Non-payment of players is still a significant problem in football and not enough is being done about it, the international union FIFPro said on Thursday.
With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.
The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three.
The Supreme Court on Tuesday granted 10-year time to telecom firms like Vodafone Idea, Bharti Airtel and Tata Teleservices for paying the Adjusted Gross Revenue (AGR)-related dues to the department of telecommunications with certain conditions.
The police had sought Goswami's custody for 14 days, but the court held that custodial interrogation was not required. After the court remanded Goswami in judicial custody, his lawyers Aabad Ponda and Gaurav Parkar filed an application seeking bail.
Consumer activist Jehangir B Gai explains an important new ruling by the National Commission.
A total of Rs 396 crore has been mopped up, as on August 20 against Rs 407 crore collected in the same period last year. This was despite the expansion of the levy to online e-commerce players from this financial year.
A consortium of Indian public sector banks led by SBI sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a high court hearing in London on Wednesday as part of efforts to recoup around 1.145 billion pounds in unpaid loans. Mallya's legal team, led by barrister Philip Marshall, argued for the bankruptcy petition to be dismissed because their client was being unfairly pursued by the banks in India and the UK on opposing grounds.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid disruptions caused by the coronavirus outbreak. As part of measures to alleviate hardships faced by people, the Reserve Bank of India, on March 27, announced a slew of steps, including a three-month moratorium on loan repayments.
India lost the hosting rights of the 2021 men's World Boxing Championship to Serbia after the national federation failed to pay the host fee, prompting the International Boxing Association (AIBA) to terminate the agreement signed in 2017. The elite competition, which would have happened for the first time in the country, will now be held in the Serbian city of Belgrade.
RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.
The NCP leader defeated his cousin Pankaja Munde of the BJP in the just-concluded assembly elections from Parli in Beed district of central Maharashtra.
The Service Tax Department has once again frozen the bank accounts of the national carrier Air India for non-payment of dues running into a little over Rs 300 crore (Rs 3 billion).
