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On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.Business
RBI sends DHFL to NCLT for resolution

The city-headquartered pureplay mortgage lender becomes the first NBFC/HFC to go for bankruptcy resolution.

29 Nov 2019 4:22 PM IST

His attitude was vintage Air India. And I was so relieved that it still exists at least in a few dedicated employees. It is, of course, very hard to ignore reports of on-board scuffles, regular no-shows by crew members, sudden sick leave absentees, drunk pilots and co-pilots, stories of sexual abuse and nepotism, apart from a cavalier attitude thrown at paying passengers.Business
Aviation minister-'s statement on Air India privatisation -'highly...

Air India will have to be closed down if not privatised will have -"massive financial implications”, said Puri.

29 Nov 2019 1:18 PM IST

(Photo: File)Business
Cleartrip augments customer engagement by joining hands with Payback...

The partnership highlights the critical importance given to loyalty strategy by Cleartrip.

28 Nov 2019 5:37 PM IST

Reliance Industriess stock rose 0.65 per cent to close at Rs 1,579.95 on BSE. During the day, it jumped 0.90 per cent to an all-time high of Rs 1,584.Business
Reliance Industries first Indian firm to hit Rs 10 lakh crore market...

At market close, Reliance Industries Ltd (RIL) market capitalisation (m-cap) zoomed to Rs 10,01,555.42 crore on BSE.

28 Nov 2019 4:18 PM IST

Union Labour Minister Santosh Kumar Gangwar on Thursday introduced the Industrial Relations Code Bill 2019 in Lok Sabha. (Photo: File | Representional)Business
Industrial Relations Code bill introduced in Lok Sabha

This bill is part of the government-'s initiative to reform labour laws by amalgamating 44 legislations related to...

28 Nov 2019 3:14 PM IST

Communications minister Ravi Shankar Prasad said a total of 79,000 employees of BSNL and 14,000 out of 20,000 employees of MTNL have applied for the VRS scheme which the government has come out with to reduce the employee cost in these PSUs which is currently very high as compared to the industry. (Photo: File | PTI)Business
Govt trying to revive BSNL, MTNL, make them profressional

We want to revive them and make them professional, said Communications minister Ravi Shankar Prasad.

28 Nov 2019 2:48 PM IST

Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
Sebi to review related party transactions

Some listed companies, especially due to their family-driven nature, have been found to be wanting on the related-party...

28 Nov 2019 1:49 AM IST

The action followed leading bourse NSE forwarding a preliminary report to Sebi on the non-compliances observed with respect to the pledging/misuse of client securities by Karvy Stock Broking Ltd (KSBL).Business
Karvy got into ‘never allowed’ activities: Sebi

Last Friday, Sebi barred Karvy from taking new clients for stock broking activities over alleged misuse of clients-'...

28 Nov 2019 1:26 AM IST

His attitude was vintage Air India. And I was so relieved that it still exists at least in a few dedicated employees. It is, of course, very hard to ignore reports of on-board scuffles, regular no-shows by crew members, sudden sick leave absentees, drunk pilots and co-pilots, stories of sexual abuse and nepotism, apart from a cavalier attitude thrown at paying passengers.Business
Govt mulls absorbing Rs 50,000 crore Air India debt

Investors may be asked to take over Rs 30K cr debt.

28 Nov 2019 1:24 AM IST

Little wonder therefore that Emirates is using this popular buttery nut extensively in its international and regionally inspired cuisine, gracing its sumptuous dishes, beginning on November 23, the World Cashew Day.Business
Emirates offers Indian cashew delicacies to pax

This is not counting the tonnes of cashews the airline buys to include in its regional and international dishes,...

27 Nov 2019 1:26 AM IST

Adding to the problems of the power generators, a new government in Andhra Pradeshwhich owes renewable energy firms more than any other statewants to renegotiate its contracts, saying the prices it pays are inflated.Business
Discoms may get loans to clear dues to RE firms

Commercial banks are unwilling to lend to these firms because of their high outstanding debt.

27 Nov 2019 1:24 AM IST

Coffee Day Group companyBusiness
Sical to sell or hive off businesses to pare debt

Such sale shall be for a price based on valuation and made either through strategic sale or slump sale.

27 Nov 2019 1:20 AM IST

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