Home » Business

Business - Page 752

The application has been filed under Section 7 of the Insolvency and Bankruptcy Code 2016. (Photo: ANI)

JM Financial files application with NCLT against Hotel Leela Venture

The potential share issue could have hiked the JMARC's stake in Leela Venture to 75 per cent from the current 26 per...

26 Feb 2019 2:21 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

'Effective steps' on anvil to deal with frivolous bids under IBC, says...

Srinivas also said a time would come when the Code becomes the last resort to deal with stressed assets.

26 Feb 2019 2:18 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal says facing risks like excess capex on proposed Essar

The world's largest steelmaker ArcelorMittal's takeover proposal of the Essar Steel India Ltd (ESIL).

26 Feb 2019 2:12 PM IST

Delhi deputy chief minister Manish Sisodia and AAP MLA Saurabh Bhardwaj address the media in New Delhi, on Saturday. (Photo: PTI)

Delhi govt allocates Rs 100 cr for providing MSP to farmers

Delhi is the first state in the country to implement the Swaminathan Commission report on farming sector: Sisodia.

26 Feb 2019 2:00 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Avoid buying life insurance just to save income tax

The life insurance business has grown manifolds in India because of the efforts put up by million agents, lakhs of...

26 Feb 2019 1:34 PM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

Iran buys Indian raw sugar for the first time in five-years: sources

Iran is buying the sugar from India to use up the rupees it has received for oil sales to India.

26 Feb 2019 1:01 PM IST

Ideal affordability is identified at 4.5 times the average annual household income in a city.

Tax cuts should boost Indian real estate demand, but many issues...

On Sunday, a government body said the sales-tax on under-construction residential houses in April will drop to 5 per...

26 Feb 2019 12:55 PM IST

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018.

Lot of headway being made in IL&FS matter, says corp affairs secy

The first phase of resolution for problems faced by IL&FS group is expected to be completed in the next few months.

26 Feb 2019 12:33 PM IST

Nasscom President R Chandrashekhar told PTI in an interview that a new generation of users and new economic strata that are entering the digital space for the first time have necessitated focused campaigns, which promote awareness around online behaviour and threats.

CGI Partners With NASSCOM to Build Capability in Digital Technologies

The FutureSkills platform enables continuous learning and deep skilling.

26 Feb 2019 12:04 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex slumps over 200 points after IAF missile strikes

Initially, the sensex was trading at 251.81 points.

26 Feb 2019 11:50 AM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Dewan Housing shares fall sharply after ICRA downgrade

ICRA downgraded its rating on Dewan Housing's 80 billion rupees.

26 Feb 2019 11:24 AM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL shares decline 3 pc; Britannia up over 1 pc on NSE rejig

The company's shares opened the day on a weak note and further declined 2.95 per cent to Rs 221.40 on NSE.

26 Feb 2019 10:56 AM IST