The three units – Alloy Steel Plant (ASP), Salem Steel Plant (SSP) and Visvesaraya Iron and Steel Plant (VISP) — have incurred combined loss of `2,300 crore in the last five years, causing a huge strain on SAIL’s books.
Budget 2019: The streamlining of the multiple laws will ‘ensure that process of registration and filing of returns will get standardised and streamlined’, finance minister Nirmala Sitharaman said on Friday.
As per government think-tank Niti Aayog, India’s mineral imports, estimated at Rs 3,73,662 crore, far outstripped the value of domestic mineral production (excluding coal, atomic and fuel minerals) at Rs 47,432 crore in 201
A three-member bench headed by chairman Justice SJ Mukhopadhyaya directed representatives of banks, allottees and other stakeholders to appear before it on July 17 to consider how NBCC’s bid can be altered so that it is agr
The Narendra Modi-led NDA government had in November 2016 announced demonetisation of specified high value banknotes; GST, a comprehensive indirect tax that subsumed various central and state levies, came into effect in July
After a long 22 years, the government on Thursday cut the mandatory contribution to the ESI medical care scheme for relatively low-wage earners to 4% from 6.5%, but this is a case of ‘too little, too late’.
However, at the same time, the NCLAT refrained from expressing any opinion as to whether any high court can have supervisory jurisdiction in insolvency cases that too of a high court beyond its territorial jurisdiction.
India became a net importer of steel, after a gap of three years, in 2018-19. The industry has already asked the government to reimpose a safeguard duty of 25% in line with such protectionist steps being taken by the US, the
Lenders to Jaypee Infratech (JIL) have laid out five conditions, including reinstating an additional 500-acre land under the debt-asset swap plan, to state-run NBCC to “consider favourably” its revised bid.