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Lok Sabha Elections 2019: Code of conduct puts brake on Ujjwala implementation

Launched in May 2016, the PMUY was initially aimed at providing clean cooking fuel to 5 crore women from households classified as BPL under the Socio Economic Caste Census 2011 over a period of three

ujjwala yojana 2019, ujjwala scheme, model code of conduct 2019, lok sabha elections, News

Jet Airways crisis: Banks ask Naresh Goyal to pledge his 51% stake

After meeting FM, SBI chief says all is not lost and everyone believes that Jet Airways should keep flying.

Jet Airways crisis: Bankers put a condition for interim funding — Know what it is News

FPI inflows touch $4.6 bn

FPIs continue to be buyers in Indian markets in March with inflows of Rs 2.9 billion in equity markets and Rs 1.7 billion towards the bond markets.

FPI inflows touch $4.6 bn News

Rights issue: Vodafone Idea board okays price of Rs 12.50 per share

The board of directors of Vodafone Idea on Wednesday cleared the planned Rs 25,000-crore rights issue at a price of `12.50 per equity share, a steep 61% discount to the prevailing market rate.

Rights issue: Vodafone Idea board okays price of Rs 12.50 per share News

Mindtree defers share buyback plan amid L&T takeover bid

IT services firm Mindtree, which is resisting a Rs 10,700-crore takeover bid from Larsen and Toubro (L&T) on Wednesday adjourned its board meeting convened to consider a share buyback, to a future dat

Mindtree defers share buyback plan amid L&T takeover bid News

NCLAT directs Essar to call CoC meeting to reconsider distribution of funds from Arcelor

NCLAT was hearing a plea moved by Standard Chartered Bank alleging that ArcelorMittal’s plan was “discriminatory”, and therefore, the distribution of funds should be stopped.

Industry News

Takeover tussle: L&T’s takeover bid fails to unsettle Mindtree

Engineering major says proposal not a hostile takeover; Mindtree says cultures of the two firms don’t match

Takeover tussle: L&T's take over move fails to unsettle Mindtree News

RIL crosses $125 bn in mcap

Reliance Industries (RIL) has surpassed the $125-billion mark in market capitalisation, becoming the first Indian firm to do so.

RIL crosses $125 bn in mcap News

IL&FS case: RBI, NCLAT spar over who takes call on banks

Last week, the RBI brought to the Supreme Court’s notice that despite a leeway provided by its interim order, none of the petitioners (corporate defaulters) from a variety of industries like power,

IL&FS case: RBI, NCLAT spar over who takes call on banks News

Jet Airways staring at imminent crash as pilots threaten strike from April 1

The schedule was arrived at after a review meeting was held between the DGCA and Jet Airways officials in New Delhi. According to the assessment made by the aviation regulator, the airline has only 41

Industry News

Eye on EV market: Hyundai, Kia add $300 m to Ola money

South Korean automobile major Hyundai Motor on Tuesday said it is investing $300 million in ride-hailing service provider Ola, identifying India as the centrepiece in its strategy to gain leadership i

Eye on EV market: Hyundai, Kia add $300 m to Ola money (Representational image) News

GST rate on homes: Now builders can pick up old or new rates on unfinished projects

The GST Council on Tuesday allowed builders to choose between the old and new GST regimes for projects that will remain unfinished as on March 31, removing the fear among these firms that they might l

GST: Builders can pick old or new rates on unfinished projects News

Goldman Sachs Rating: India upgraded to ‘overweight’

Goldman Sachs has upgraded India back to ‘overweight’ from ‘marketweight’ as the Indian market has been witnessing a ‘catch-up’ rally amid expectation of a potentially stable government at

Goldman Sachs Rating: India upgraded to 'overweight' News

Ericsson dues: Mukesh Ambani bails out Anil, but RCom-Jio deal off the table

The Supreme Court had on February 20 held Ambani in contempt for not paying Ericsson’s dues despite promising to do so. It had threatened to send him as well as two other directors to jail if they f

Ericsson dues: Mukesh Ambani bails out Anil, but RCom-Jio deal off the table (File photo) News

NCLAT gives conditional nod to ArcelorMittal plan for Essar Steel

A two-member bench, headed by justice SJ Mukhopadhaya, said the acceptance of the resolution plan submitted by ArcelorMittal will be subject to its final order in the appeal filed by the Essar Steel p

NCLAT gives conditional approval to ArcelorMittal's resolution plan for Essar Steel News

L&T offers Rs 3,269 crore to buy 20.32% stake in Mindtree

Will acquire 15% from open market, launch open offer to buy further 31%, thus taking its total stake to 66.32%

L&T offers Rs 3,269 crore to buy 20.32% stake in Mindtree News

Worry lines: Hero Moto, Honda, Royal Enfield to cut production as sales growth slows

Two-wheeler sales have been sluggish since September during the current fiscal leading to a growth of 6.95% between April-February against last year’s 14% growth in the same period.

Two-wheeler companies decide to cut production due to slow growth News

US-based ride-hailing firm Lyft aims to raise up to $2.1 billion via IPO

Lyft is seeking to raise as much as $2.1 billion in its initial public offering, valuing the firm at up to $18.5 billion. The No. 2 US ride-hailing giant is offering 30.8 million shares at $62 to $68

US-based ride-hailing firm Lyft aims to raise up to $2.1 billion via IPO News

Elections 2019: Need to move from disclosure to disqualification of criminal candidates

Last year, the SC had asked the government to set up fast-track courts to deal with cases dealing with elected representatives. The Prime Minister’s maiden speech in the Rajya Sabha mentioned this i

Elections 2019: Need to move from disclosure to disqualification of criminal candidates (Illustration: rohnit phore) News

Lok Sabha Elections: Why economy can’t be PM Modi’s USP

The NDA can’t really claim it has brought back acchhe din; the economy certainly can’t be a talking point in the polls.

Why economy can't be PM Modi's USP News

Lok Sabha elections: Social media is the new hoarding; political ad spend on Facebook alone to touch Rs 600 cr

Till March 9, 2019, the total amount spent on Facebook on political advertising and national issues was Rs 5.6 crore, according to public data provided by Facebook.

Social media the new hoarding this election News

RBI stands firm: No dilution of February 12 circular on stressed assets resolution

The Reserve Bank of India (RBI) on Saturday reiterated that it maintains its stand on all aspects of the revised framework on resolution of stressed assets issued on February 12, 2018, as per an RBI n

Banking & Finance News

Hateful content under watch: Govt to amend IPC to take on anti-social elements

A panel formed by home ministry has submitted its report in this regard.

IPC to be amended to tackle social media hate crimes (Representational image) News

Holi bonanza: Maruti, Hyundai lead carmakers offering heavy discounts — check details

Earlier, discounts were given only during December to clear inventory of the products manufactured during that calendar year as their demand slackens in the new year.

Heavy discounts bring Holi cheer for car buyers (Representational image) News

NCLAT declines to stay ArcelorMittal’s offer for Essar Steel bankruptcy resolution

Asking for fresh distribution plan, appellate tribunal says there can’t be discrimination between financial and operational creditors.

ArcelorMitta, essar steel, nclat, steel sector, steel industry, supreme court, sc News

NCLAT refuses to direct SBI to release RCom funds to Ericsson

A bench comprising NCLAT chairperson SJ Mukhopadhaya and justice Bansi Lal Bhat said that no direction can be given to lenders to perform certain duties to ensure settlement between Reliance firm and

reliance communication, ericsson, nclat, supreme court News

SBI: Revival plan on Jet Airways likely in a week’s time

A final resolution to Jet Airways’ revival plan is likely within a week, a top SBI official on Friday said

jet, jet airways, jet airways crisis, sbi News
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