Insolvency process: Videocon lenders' claims at Rs 59,000 crore

Insolvency process: Videocon lenders' claims at Rs 59,000 crore

NCLT accepts Rs 57,000 crore; case admitted in early June, that of telco arm two days later.

Data privacy: DoT not to take up Trai suggestions for now
Data privacy: DoT not to take up Trai suggestions for now

The department of telecommunications (DoT) is unlikely to act on the data privacy recommendations given by the Telecom Regulatory Authority of India (Trai) on Monday.

Huge write-off: Banks to take 92% haircut in Adhunik Metaliks case
Huge write-off: Banks to take 92% haircut in Adhunik Metaliks case

Lenders to Adhunik Metaliks (AML) will take a haircut of around 92% and settle for Rs 410 crore against their outstanding dues of Rs 5,370 crore after the Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday approved the resolution plan submitted by UK-based Liberty House.

Here is why the Centre should focus on strengthening the NCC and the NSS
Here is why the Centre should focus on strengthening the NCC and the NSS

The Centre should focus on strengthening the NCC and the NSS, instead of launching a new but very similar scheme.

The unacceptable logic of the markets
The unacceptable logic of the markets

India is the fourth worst-affected country despite it contributing only 5% in causing climate change, while it is over 20% for the US and the EU.

Reliance Jio tops 4G download speed; Idea in upload rate for May 2018
Reliance Jio tops 4G download speed; Idea in upload rate for May 2018

Reliance Jio has topped the chart of fastest 4G telecom operators with an average peak download speed of 22.3 mbps on its network while Idea Cellular registered highest upload speed in May, according to a Trai report.

Numetal to NCLAT: Aurora Enterprises would have no control over firm
Numetal to NCLAT: Aurora Enterprises would have no control over firm

Russia's VTB Capital-backed Numetal today said Ruia family scion Rewant will never be in management of Essar Steel even though the rules do not bar blood relations of delinquent promoters from bidding for loan defaulter companies being auctioned to recover dues.

AUTOMOBILES

Tata Nexon AMT gets new variants at lesser price
Tata Nexon AMT gets new variants at lesser price

The new Tata Nexon XMA offers the option of an AMT gearbox to the customers at a lesser price as the feature was earlier available with the top spec XZA+ trim only. Price in India starts at Rs 7.5 lakh (ex-showroom, Delhi) for the petrol variant.

Horoscope: By Peter Vidal

Today ( 18 Jul )This Week ( 15 Jul - 21 Jul )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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