Ankita Rai | April 8, 2018 3:58 AM
As companies spend more advertising dollars online, the digital marketplace has become increasingly less transparent.
Deepa Jainani | April 7, 2018 3:53 AM
Doing a volte-face on its power-sector reform agenda, the Uttar Pradesh government has dropped a plan to implement the franchise model for privatisation of electricity distribution in the state’s five cities.
FE Bureau | April 7, 2018 3:48 AM
RBI raised the debt investment limits for foreign portfolio investors (FPIs) across all segments, including central government securities (G-secs), allowing cumulative increase of over Rs 1 lakh crore through FY19.
Shamik Paul and Mithun Dasgupta | April 7, 2018 3:41 AM
Binani Industries submitted its revised out-of-court settlement plan along with a security deposit of Rs 750 crore in support of its proposal to the committee of creditors (CoC) of Binani Cement.
FE Bureau | April 6, 2018 4:48 AM
23,000 high net worth individuals (HNIs) have left India since 2014 including 7,000 in 2017 alone, the government has commenced a process to evaluate the “substantial task risk” such migrations pose and formulate a policy response.
Shayan Ghosh | April 6, 2018 4:42 AM
The Reserve Bank of India’s (RBI) lower inflation projections for 2018-19, announced on Thursday, suggest an end to the rate-tightening cycle.
Rashmi Rajput and Deeptiman Tiwary | April 6, 2018 6:34 AM
CBI on Thursday stopped Rajiv Kochhar, brother-in-law of ICICI Bank MD and CEO Chanda Kochhar, at the Chhatrapati Shivaji Maharaj International Airport in Mumbai while he was about to board a flight to Singapore.
Shamik Paul and Mithun Dasgupta | April 6, 2018 4:31 AM
Binani Industries, which has been pushing for an out-of-court settlement for Binani Cement, is expected to submit a revised resolution plan to Binani Cement’s committee of creditors (CoC).
Banikinkar Pattanayak | April 6, 2018 4:25 AM
In the first visit of a senior US trade official to this country, assistant US trade representative Mark Linscott will land in New Delhi to huddle with senior commerce ministry officials on April 9.
FE Bureau | April 6, 2018 6:30 AM
The Supreme Court allowed Reliance Communications (RCom) to go ahead with the sale of its wireless assets to Reliance Jio Infocomm.
Shayan Ghosh | April 5, 2018 4:37 AM
The bankrupt Jyoti Structures might find a buyer and not go into liquidation as feared with the committee of creditors (CoC) having sought a grace period.
Shritama Bose | April 5, 2018 4:32 AM
The Unique Identification Authority of India (UIDAI) has effectively shut out several fintech players from carrying out Aadhaar-based eKYC through entities who use sub-AUA (authentication user agency) licences.
FE Bureau | April 5, 2018 4:24 AM
Boosting the prospect of robust foodgrain production in the 2018-19 (July-June) crop year, private weather forecaster Skymet on Wednesday predicted a ‘normal’ southwest monsoon with nil chances of a drought.
FE Bureau | April 5, 2018 4:19 AM
The Cabinet decided to “right-size” the Competition Commission of India saying that its workload has reduced as merger proposals below a threshold don’t need its concurrence after a 2017 amendment to the relevant rules.
Committee of creditors to make next move: Binani Industries offers payment assurances to settle out of NCLTFE Bureau | April 5, 2018 4:10 AM
Binani Industries is understood to have offered the committee of creditors (CoC) of Binani Cement an assurance on swift and complete payment in support of its resolution plan at a meeting on Wednesday.
FE Bureau | April 4, 2018 6:19 AM
Move seen strengthening UltraTech Cement bid in acquiring company.
FE Bureau | April 4, 2018 6:08 AM
Home-buyers to be financial creditors, window for MSME promoters to bid for own firms.
Mithun Dasgupta | April 4, 2018 11:09 AM
With the Kolkata bench of the National Company Law Tribunal (NCLT) asking lenders of Binani Cement to consider an out-of-tribunal settlement within the deadline of April 9, the committee of creditors (CoC) of the insolvent steel maker is scheduled to hold a meeting on Wednesday.
Banikinkar Pattanayak | April 4, 2018 5:52 AM
The $2-billion fraud at Punjab National Bank (PNB) involving jeweller Nirav Modi has prompted the Reserve Bank of India (RBI) to read the riot act to banks to bolster their fraud prevention and detection framework.
FE Bureau | April 4, 2018 5:43 AM
While most believed ICICI Bank’s Rs 3,250-crore loan to the Videocon Group in 2012 followed a Rs 64-crore loan from Videocon chairman Venugopal Dhoot to ICICI Bank MD Chanda Kochhar’s husband Deepak Kochhar, Vaghul pointed out that no fresh loans were given in 2012.
Bhavik Nair | April 4, 2018 5:36 AM
Bond yields, already down from a high of 7.78% on March 6 to 7.33% on Tuesday, could fall further with foreign portfolio investors’ (FPIs) interest in Indian bonds continuing to remain intact.
FE Bureau | April 3, 2018 6:03 AM
Improved buoyancy and slow refunds take direct tax collections to `10L crore; fiscal deficit lower than RE, tweets DEA secretary.
FE Bureau | April 3, 2018 5:52 AM
The government on Monday said the reintroduction of the e-way bill system for the goods and services tax (GST) has been smooth with no technical glitches.
Shamik Paul | April 3, 2018 5:45 AM
ArcelorMittal, a VTB Bank-led Numetal-JSW Steel and Vedanta have thrown their hats in the ring for the bankrupt Essar Steel, as the deadline for the second round of bids expired on Monday evening.
Rishi Ranjan Kala | April 3, 2018 5:40 AM
The Trai regulation that telcos can no longer make an offer to select clients — segmented offers, in jargon — but have to extend them to all subscribers could potentially cost the industry Rs 10,000-12,000 crore in a year.
Mithun Dasgupta | April 3, 2018 5:29 AM
The Kolkata bench of the National Company Law Tribunal on Monday reiterated that bankers to Binani Cement should consider an out-of-tribunal settlement in response to a plea from the company’s promoters, within the deadline of April 9.
Anupam Chatterjee | April 2, 2018 5:37 AM
Only 89 of 204 blocks cancelled by SC in 2014 reallocated; production delayed in 61; investor interest absent, so no fresh bidding.
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