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DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.

Lookout notice issued against DHFL promoters

According to sources, the company is being investigated for alleged siphoning of funds through shell companies.

29 May 2019 12:46 AM IST

On March 18, Hotel Leelaventure Ltd had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur.

NCLT asks Sebi to conclude probe into ITC, LIC allegations against...

Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.

28 May 2019 7:56 PM IST

At the current market price, sale of 10 per cent in HUDCO and NBCC could fetch about Rs 1,000 crore and Rs 1,200 crore to the exchequer.

NCLAT gives 4 weeks to Bakshi to settle dispute with HUDCO

The tribunal also directed Bakshi to file a report on the development by filing an affidavit in the matter before it.

28 May 2019 6:12 PM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.

India's economy big worry for PM Modi, needs stimulus: FICCI

The economy grew 6.6 per cent in the three months to December - the slowest pace in five quarters.

28 May 2019 2:44 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM IST

DLF is a major player in Indias real estate industry. (Photo: PTI)

DLF transfers Rs 330 cr land to JV with GIC for settlement of dues

DLF holds 66.66 per cent while GIC holds 33.34 per cent stake in the JV firm DCCDL.

28 May 2019 12:34 PM IST

Post the completion of the acquisition, iimjobs will become wholly-owned subsidiary of the company.

Info Edge to acquire Highorbit Careers for Rs 81 crore

The company has agreed to acquire 100 per cent share capital on a fully diluted basis.

28 May 2019 12:20 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo forecasts strong year as Jet collapse boosts profit

InterGlobe's profit for the quarter rose to 5.9 billion rupees (USD 84.9 million) from 1.18 billion a year earlier.

28 May 2019 11:45 AM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

RINL aims to produce 6.4 MT of liquid steel; 5.8 MT of saleable metal...

A will be signed between Secretary, Ministry of Steel, Binoy Kumar and RINL Chairman and Managing Director P K Rath.

28 May 2019 11:36 AM IST

Alibaba has an active user base of around 500 million.

Alibaba plans USD 20 billion blockbuster Hong Kong listing: Sources

The deal would be the sixth-biggest follow-on share sale ever.

28 May 2019 9:34 AM IST

IndiGo is the Indian aviation market leader, with about 40 per cent of the market share.

IndiGo posts 5-fold rise in Q4 profit on Jet turbulence

The company had reported a net profit of Rs 117.6 crore for the January-March quarter of 2017-18.

28 May 2019 1:54 AM IST

The government plans to have more benches of the National Company Law Tribunal on the basis of case load, a senior official said on Wednesday amid rising number of insolvency cases coming up before the NCLT.

NCLT dismisses ICICI insolvency plea against Hyderabad Ring Road...

NCLT made an observation that there was 'duplicacy of the claims' of ICICI.

27 May 2019 7:35 PM IST