FE Bureau | December 1, 2017 6:56 AM
Ends 5-quarter decline; post-GST restocking, manufacturing rebound help, investment looks up.
FE Bureau | December 4, 2017 5:08 PM
Ask Byju Raveendran to play ball, and he’ll probably rattle out numbers. That’s what the 38-year-old maths whiz knows best, with his mesmeric hold over students making Byju’s, the tech-driven education start-up, a dominant player in teaching, apart from, obviously, playing ball.
FE Bureau | December 1, 2017 6:43 AM
IFCI has filed two insolvency petitions, the first against Reliance Naval and Engineering and the other against its subsidiary Reliance Marine and Offshore with the Ahmedabad bench of the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC).
FE Bureau | November 30, 2017 7:07 AM
Pharma major Dr Reddy’s Laboratories said in a statement on Wednesday that it has been served a securities class action lawsuit in the US for alleged violations of federal securities laws.
Saurabh Kumar | November 30, 2017 7:01 AM
Have you ever travelled in AC sleeper class on a train and not worried about the cleanliness of the bedsheets, blankets and pillows offered to you? That is set to change.
FE Bureau | December 4, 2017 5:09 PM
Agreed, the name ‘Lakshmi Narayanan’ doesn’t quite conjure up iconic images from the current realm of information technology. Yet that very name cannot be omitted when it comes to India’s IT firmament.
Surya Sarathi Ray | November 30, 2017 7:11 AM
Labour ministry drops plan to allow firms with up to 300 staff lay off workers, rethinks curbs on unions.
FE Bureau | December 4, 2017 5:00 PM
The Express IT Awards, now in its fifth year, just got bigger. With 500-odd nominations the highest till now the task for the five-member jury panel involved sifting through the burgeoning nominations and preparing the final shortlist done by our knowledge partner, PwC.
Net neutrality in India: Big setback for telcos, no decision taken on WhatsApp, Viber, other OTT playersFE Bureau | November 29, 2017 6:34 AM
Can’t provide free data for a Netflix, but can raise speed of YouTube through ‘CDN’ service, can give free movies via intranet route.
Individuals may get big data privacy boost as Shri Krishna panel report moots protection of personal informationRishi Ranjan Kala | November 28, 2017 6:34 AM
Moots protection of sensitive personal data or information be brought under the law.
Rouhan Sharma | November 28, 2017 6:25 AM
Goldman Sachs is withholding the second tranche of the $220-million financing it had committed to Essel Highways, an arm of Essel Infraprojects, about a year ago.
FE Bureau | November 28, 2017 6:18 AM
The eighth edition of the Global Entrepreneurship Summit (GES) being held here for three days starting Tuesday will be marked by its theme “Women First, Prosperity for All” and the joint hosting of the summit by Washington and New Delhi.
Banikinkar Pattanayak | November 27, 2017 6:07 AM
Ahead of the World Trade Organization’s (WTO’s) ministerial in Argentina in December, commerce and industry minister Suresh Prabhu indicates while the country is willing to discuss a new issue like e-commerce and may even agree to an accelerated work programme on it, it doesn’t want such new subjects on the negotiating table until old matters, such as the Doha Development Agenda (DDA), are addressed.
Prasanta Sahu | November 27, 2017 5:52 AM
When the erstwhile Planning Commission, which exercised great powers in Plan funds allocation to states, was abolished and replaced by NITI Aayog in January 2015, most believed the era of planning was to be supplanted with renewed focus on execution of infrastructure and social-sector projects, with the Aayog playing the role of a think-tank and facilitator.
FE Bureau | November 27, 2017 5:41 AM
Having debarred wilful defaulters from insolvency resolution process, the government expects heightened interest of foreign investors in stressed domestic companies under insolvency resolution, but it would ensure these firms indeed have the credentials to bid for the assets.
Anushree Bhattacharyya | November 27, 2017 5:34 AM
With the entry of video OTT apps like Netflix, Amazon Prime and Hotstar in the last two years, the growth of direct-to-home (DTH) TV active subscribers has slowed down considerably as the former, apart from bringing more of international content, also packs it with the latest domestic content faster than the latter.
Deepak Kumar | November 26, 2017 5:21 AM
Electric vehicles (EV) are being dubbed the future of mobility, with the government having put a target of 2030 by when it wants the country to completely shift to selling EVs.
Vikas Srivastava | November 26, 2017 5:14 AM
Oil and gas companies are expected to take a Rs 15,000-crore hit in 2017-18, as they are unable to fully offset the taxes paid on input goods and services, analysts said.
Shinmin Bali | November 26, 2017 5:07 AM
Experimental tastes are fuelling the shared economy market, with everything from white goods to furniture to fashion on offer
FE Bureau | November 25, 2017 5:30 AM
Retains India at lowest investment grade rating of BBB-; sees risks in low per capita GDP, high govt debt, sizeable fiscal deficit
Insolvency hit stressed assets: Genuine players to benefit from ban on wilful defaulters; here is howBanikinkar Pattanayak | November 25, 2017 5:23 AM
Keeping the assets of stressed companies out of bounds for wilful defaulters won’t depress the valuation of the assets as it will help crowd in genuine players, MS Sahoo, chairman of the Insolvency and Bankruptcy Board of India (IBBI) said on Friday.
Surya Sarathi Ray | November 25, 2017 5:03 AM
Following the admission of loss-making Bhushan Steel under the Insolvency and Bankruptcy Code (IBC) earlier this year, State Bank of India (SBI) has now referred the company’s subsidiary Bhushan Energy — an unlisted entity — to the National Company Law Tribunal (NCLT).
FE Bureau | November 24, 2017 5:27 AM
If promoters want to bid for their companies at NCLT, must bring in funds to make the loans ‘standard’ first
Surbhi Prasad | November 24, 2017 5:18 AM
Home buyers looking for relief from the government and courts are unlikely to be given the status of financial creditors, senior officials in government have indicated.
FE Bureau | November 24, 2017 5:28 AM
The Bharti family, led by Sunil Mittal, has pledged Rs 7,000 crore — 10% of their family wealth, which includes 3% of their stake in the country’s largest telecom firm Bharti Airtel — to the Bharti Foundation, their philanthropic arm.
FE Bureau | November 24, 2017 5:06 AM
State Bank of India (SBI) chairman Rajnish Kumar on Thursday said the lender is likely to end FY18 with a smaller workforce than what it began the year with.
FE Bureau | November 24, 2017 4:57 AM
The Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday dismissed separate petitions by the promoter, two workers’ unions and a resolution applicant of Innoventive Industries, paving the way for the company’s liquidation.
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