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The amendments to the Insolvency and Bankruptcy Code (IBC) barring defaulting promoters from bidding for their own companys asset is expected to increase losses for banks as it would lower competition during the bidding process thereby impacting the valuation.

Bankruptcy ordinance puts premium on integrity, promotes clean biz:...

The ordinance is primarily aimed at safeguarding the public money from being misused by dishonest businesses.

28 Nov 2017 4:13 PM IST

Hadiyas father KM Ashokan also refuted the allegations that he abused his daughter. (Photo: ANI)

Kerala 'love jihad': Hadiya's father says 'happy with SC order, wanted...

Asked about his stance on inter-caste marriages, Ashokan said he believed in one religion, one god but could not have a...

28 Nov 2017 3:32 PM IST

Net neutrality is the principle that internet providers treat all web traffic equally, and its pretty much how the internet has worked since its creation.

Net neutrality: Trai against discrimination of content

Supporters of Net neutrality back the principle that the entire Internet traffic should be available to everyone on...

28 Nov 2017 3:04 PM IST

Thirteen coaches of the Patna-bound passenger train had derailed near Manikpur Railway Station in Uttar Pradesh on Friday. (Photo: PTI)

Railways suspends senior officer over Vasco Da Gama derailment

The reason behind the accident can be ascertained after a probe but initial investigations suggest that a rail fracture...

28 Nov 2017 2:40 PM IST

The state government was expecting support from the Centre to provide relief to onions farmers, but no assistance has been forthcoming so far.

Onion prices skyrocket to Rs 80 per kg in national capital

Onions in other metro cities are being sold at Rs 50-70 per kg depending on the quality and locality, data showed.

28 Nov 2017 2:34 PM IST

Earlier, Nomura had said in a report last November, that demonetisation could slow Indias GDP growth to 6.5 per cent in the fourth quarter of 2016 against its estimate of 7.3 per cent.

Govt transfers Rs 39 crore worth NLC shares to Bharat 22 ETF

Government had launched the Bharat-22 ETF in August and had planned to raise Rs 8,000 crore.

28 Nov 2017 2:20 PM IST

Oil Minister Dharmendra Pradhan. (Photo: PTI)

Pradhan defends mega oil refinery amid e-vehicle push

Pradhan's comment comes after Transport Minister Nitin Gadkari announced that only electric cars would be produced in...

28 Nov 2017 2:16 PM IST

The I-T Department has slapped notices on 1.16 lakh individuals and firms who made cash deposits of more than Rs 25 lakh in bank accounts post note ban but failed to file returns by the due date. (Photo: AP/Representational)

Black money: I-T lens on 1.16 lakh entities with Rs 25 lakh-deposit...

Large cash deposit by people who have filed I-T returns are also under close scrutiny.

28 Nov 2017 1:44 PM IST

Previously, Kohli (12 centuries) broke Gavaskars record for the most centuries as India skipper (11 centuries). (Photo: AP)

Is Virat Kohli's Test squad the best India has produced? Here's Sunil...

Many from the cricket fraternity including Sunil Gavaskar lauded the hosts post their 2nd Test win over Sri Lanka in...

28 Nov 2017 1:42 PM IST

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: PTI)

RCom shares dive over 9 per cent on insolvency case buzz

Company has not been served any notice of application filed by China Development Bank with NCLT.

28 Nov 2017 12:51 PM IST

Deepika in Padmavati movie

SC rebukes netas, dismisses plea to stop 'Padmavati' release outside...

The apex court said matter still not decided by the Censor Board.

28 Nov 2017 12:07 PM IST

Gujarat-cadre IPS Officer Rakesh Asthana, currently in-charge of the CBI. (Photo: File)

Rakesh Asthana won't be removed as CBI Special Director, says SC

The Centre had opposed the plea, saying Asthana had an outstanding career and had supervised over 40 high-profile cases.

28 Nov 2017 11:10 AM IST