Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding for stressed assets.
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).
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
On the lines of Delhi's Shaheen Bagh, around 50 women along with children have been squatting near the Clock Tower in Lucknow's old quarters. The women protesters alleged that blankets provided to them by some organisations were taken away by police. The police dismissed the allegations.
The threat of being priced out of the market by state-owned oil marketing companies has forced the private sector players to also opt for price cuts of auto fuels.
More than 70 global energy firms, including ExxonMobil, Chevron Texaco, Conoco Phillip, BHP and Shell, lined up in Houston to have a sneak preview of India's latest offering of oil and gas blocks under the New Exploration Licensing Policy.
Both RMW and Inox had got into a tussle over acquiring Fame in February, and now analysts say the company which shells out more to shareholders will corner the shares.
India is crucial for Nokia's attempt to hold on to global market share.
While experts claimed that Patanjali's Swadeshi messaging app was removed form Google Play over security concerns, Kimbho declared that it was removed because of heavy traffic.
'The Chinese thought India would back off. 'They did not expect such a firm Indian response to their expansionist manoeuvre.'
Insurers are all set to raise premium. Rates may increase 40-50 per cent for commercial vehicles and 20-25 per cent for private vehicles.
The promoters of large companies such as Wipro and Tata Communications will have to shell out more stake to comply with the public shareholding norms after the Sebi said capital issued outside India would not be accounted for in the calculation of "public shareholding".
'I do not agree that the intent was to send a political message to China that the US treats friends and foes alike.' 'In any case, such acts do not ruffle a feather in China,' observes Commodore Venugopal Menon (retd).
The oil crisis could not have come at a worse time for the Modi government as its tax collection has fallen short of its 2020-2021 target by Rs 5.2 lakh crore.
Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.
If drivers apply some common sense approaches, fuel bills can come down considerably.
If drivers apply some common sense approaches, fuel bills can come down considerably.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
A bench, comprising Chief Justice S H Kapadia and Justices K S Radhakrishnan and Swatanter Kumar, directed the companies to pay Rs 1,200 crore as the amount due for the state government.
The BJP senior leadership is putting together a case for the continuance of Amit Shah as party president despite the humiliating defeat in the Bihar Assembly elections, says Aditi Phadnis
Kwid has been a success in the country with the company having already retailed over 1.65 lakh units of the model since its launch last year.
Google will be able to co-relate data from the first click to the final delivery of product. This kind of knowledge is invaluable, something which even Amazon does not have.
Because of the terrorism insurance pool created after the terror strikes in the US, insurers said, costs will be manageable for Indian companies and they will continue to get risk covers. The Insurance Regulatory Developmental Authority has mandated all general insurance companies be allied to a common pool for terrorism insurance. So, premium of terrorism insurance collected by all general insurance companies flows into a common pool.
Buying a used vehicle is a lot more complicated. Not only do you have to worry about its condition, you also have to think about whether the price you are offering is anywhere close to its true value, reveals Sanjay Kumar Singh.
Idea may have to shell out Rs 4,500 crore in cash
Images from Day 2 of the Pink-ball first Test between Australia and India, in Adelaide, on Friday.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
If you think nobody will ever try to breach your data online get out of your shell. NOW!
And it's a strategy that seems to have paid off. Online booking for the motorcycle has been temporarily halted given the huge waiting list of buyers. Orders are still being taken at the dealerships, but the earliest one can expect a delivery is by the end of 2019, reports T E Narasimhan.
The company will announce pricing and specific roll-out dates country by country when sales are due to begin.
The amendment would help check round-tripping of funds and boost the domestic consumption, Jaitley added
The revamping will start with its assets in Assam. The company will soon float tenders worth Rs 2,500 crore, a senior company executive said. ONGC has three fields in Assam - Rudrasagar, Lakwa and Geleki. The Rudrasagar field is almost 40 years old.
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
Nike Inc and some other big international companies face a grilling over their powerful role in Brazilian soccer.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
The much-awaited Bajaj Pulsar 200 NS is all set to hit the showrooms. The flipside? It will cost you over Rs 94k. The question is would you be interested in shelling that kind of money on a Bajaj? DISCUSS.
The depreciating rupee against dollar is burning a bigger hole in the pockets of Indians travelling abroad with travel firms hiking charges to offset the impact.
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