The Delhi High Court on Tuesday restrained Srei Infrastructure from transferring its controlling stake in Odisha Slurry Pipeline to Numetal Mauritius until April 5, the next date of hearing.
IndiGo’s domestic passengers flying out of Delhi will now need to check whether they need to reach Terminal 1 or Terminal 2, depending on their destination.
Digital platforms, which managed to win an estimated 15.5% share of total ad spends in 2017, up from 13.1% in 2016, are tipped to grow their share to nearly 18% in 2018, according to GroupM’s annual advertising expenditure (AdEx) report, ‘This Year, Next Year’.
Move to disallow AT&C losses above 15% in tariff orders threatens to add Rs 32,000 crore per year.
ArcelorMittal and Numetal Mauritius are understood to have put in binding bids to acquire the debt-laden Essar Steel.
With robust sales across segments in January, the Society of Indian Automobile Manufacturers (SIAM) on Monday said it expects demand to be strong during the remaining two months of the fiscal.
With potential for advertising revenues in regional markets still looking good, broadcasters are either adding to their bouquets or trying to break in here.
The Centre is yet to work out the modalities of its MSP-based deficiency payments scheme, but if Madhya Pradesh’s just-concluded Bhaavantar Bhugtaan Yojana (BBY) is anything to go by, the scheme will be a costly one.
While the Centre will miss its fiscal deficit target even after cutting capital expenditure in FY18, the states are also compressing capex to finance rising revenue spending and adhere to their deficit targets.
The October-December quarter earnings season continues to maintain its steam with most companies posting a decent set of numbers with consumer demand showing signs of picking up.
FM Arun Jaitley hopes uptrend in IPOs will help meet disinvestment targets.
Urjit Patel says monetary policy decisions have to be forward-looking.
Finance Minister Arun Jaitley on Saturday expressed confidence over comfortable revenue collection in 2018-19.
The ongoing Auto Expo in Mumbai has seen numerous launches by automobile companies.
Ranking doesn’t accurately reflect the level of business-conducive nature of the states. It reflects the willingness of states to reform and attract investments.
Tata Steel on Friday reported a nearly fivefold jump in its consolidated net profit to Rs 1,136 crore for the three months to December, though still below Bloomberg consensus estimates of Rs 1,288.1 crore.
Budget 2018: Finance minister Arun Jaitley on Friday told the Rajya Sabha that the Budget announcement on ensuring farmers minimum support prices (MSPs) of kharif crops at one-and-a-half times of their costs will be based on the A2+FL costs, and not the more ambitious C2 costs formula favoured by farm scientist MS Swaminathan.
Forget messages, images and videos, now you can WhatsApp your money too. WhatsApp on Friday enabled an option to make payments through the app using the Unified Payments Interface (UPI) for select users.
While the Indian bankruptcy code has vested significant powers in the hands of the resolution professional (RP), the National Company Law Appellate Tribunal (NCLAT) has ruled that these are not without limits, reports Shayan Ghosh in Mumbai.
The committee of creditors set up to evaluate bids for Electrosteel Steels is yet to receive recommendations from the resolution professional (RP), sources told Shamik Paul in Mumbai.
Swiggy, the leading online food ordering and delivery app, has raised its largest-ever funding of $100 million from existing investor Naspers and a new investor, Meituan-Dianping, a Chinese e-commerce platform.
While electric is certainly the future, majority of car manufacturers believe that hybrid is the bridge which needs to be built in the interim.
Budget 2018: A day after the monetary policy committee flagged risks to inflation from a fiscal slippage, finance minister Arun Jaitley on Thursday said that Centre has been sticking to fiscal prudence ever since the NDA came to power and will continue to do so in the coming years.
Firm’s fair value pegged at close to Rs 25,000 crore, liquidation value estimated to be in the range of Rs 10,000-12,000 cr.
Budget 2018: Though the Budget did not specify which cost will be used, chances are the lower A2+FL will be used. In the case of paddy, for instance, MSPs will need to be raised by around 11%, 18% in the case of cotton, 41% for jowar, etc, using even this lower cost as the base.
The RBI raised its inflation forecast for Q4FY18 to 5.1%, calling for vigilance. It also lowered the gross value added (GVA) for growth estimates for 2017-18 to 6.6% and projected a growth of 7.2% for 2018-19.
At HDFC Bank, the six-month, two-year and three-year MCLRs are now 8%, 8.3% and 8.5%, respectively. With yields in the bond market rising nearly 100 basis points in the last few months, banks have found it more expensive to issue certificates of deposit (CDs).