Front Page News

Milking the opportunities: Indian dairy industry is at the tip of another major revolution
Meghna Sharma | May 27, 2018 5:06 AM
In recent times, value-added dairy products have been gaining traction among customers due to apparent changes in demographic and dietary patterns.
BKC Realty: Premium office buildings see uptick in rentals
Rouhan Sharma | May 27, 2018 5:03 AM
Property consultants Knight Frank India has estimated that top buildings such as Maker Maxity and TCG have seen a 5-10% increase in rentals to Rs 300-350 per sq ft from Rs 270-310 per sq ft about a year ago.
Binani Cement: Dalmia Bharat again moves apex court on NCLAT order
Indu Bhan and Mithun Dasgupta | May 27, 2018 5:04 AM
While the committee of creditors (CoC) of Binani Cement is expected to consider a revised offer from UltraTech Cement along with the company’s resolution plan for the debt-laden cement maker on Monday, rival Dalmia Bharat-controlled Rajputana Properties has again moved the Supreme Court, challenging an order of the National Company Law Appellate Tribunal (NCLAT) in this case.
Four years of NDA government: ‘Modi offers scam-free, decisive governance’
FE Bureau | May 27, 2018 5:12 AM
In a Facebook post, Jaitley termed the federal front a “failed idea” that has never given good governance and said “the political agenda for the debate this year appropriately will be ‘Modi versus an anarchist combination’”.
High NPA Ratio: IDBI Bank net loss widens to Rs 5,663 crore in Q4
FE Bureau | May 26, 2018 8:15 AM
Provisions for NPAs stood at Rs 10,773.3 crore in the March quarter, 78% higher than what it had reported in Q4FY17. The net NPA ratio rose 67 bps sequentially to 16.69%.
Costlier crude: Burden may fall again on ONGC, OIL
Saurabh Kumar | May 25, 2018 5:13 AM
The ONGC stock fell 4.5% on Thursday to close at Rs 167.65 on the BSE.
UDAY Targets: Discoms hit by payment delay
Anupam Chatterjee | May 25, 2018 5:14 AM
The aggregate technical and commercial (AT&C) losses of state-run discoms in the country stood at 23% in Q3FY18 versus the FY18 target of 18.8%
Insolvency: No fresh bids for Bhushan Power, says NCLAT
FE Bureau | May 25, 2018 5:16 AM
The NCLT had earlier on April 23 directed the lenders of Bhushan Power and Steel, led by Punjab National Bank, to consider the late bid submitted by Liberty House.
Relief for now: NCLAT asks JAL not to transfer land back to Jaypee Infratech
FE Bureau | May 25, 2018 5:15 AM
The appellate tribunal observed that the NCLT did not have the jurisdiction to declare any instrument illegal. It added that such powers, to declare any instrument illegal, vested with the civil courts.
Transfer Pricing: Acute staff crunch at tax department threatens to delay APA process
Sumit Jha | May 25, 2018 5:17 AM
Although the average time taken for concluding an APA is much shorter in India (2.5-3 years compared with 3.5 years in the US), the staff crunch has taken a toll on the efficiency of the APA framework. “In the US, the APA cell is manned by over 500 professionals,” the official added.
Vulnerability concerns: FPIs dump Indian bonds
FE Online | May 24, 2018 6:36 AM
The rupee lost 38 paise on Wednesday to drop to 68.426 against the dollar, the lowest level in nearly 18 months. Another 40 paise loss would take the currency to the all-time closing low of 68.825 seen on August 28, 2013.
Easing the load: Cabinet clears ordinance for changes to the bankruptcy code
FE Bureau | May 24, 2018 6:24 AM
The changes to the IBC are likely to be effective prospectively and to affect companies for which resolution plans are yet to be submitted.
Rising fuel prices: Not tax cut, Centre for ‘long-term’ solution
FE Bureau | May 24, 2018 6:17 AM
The recent spike in crude prices is attributed to series of factors including Opec production cut and geopolitical situations in countries like Venezuela, Libya, Nigeria and Iran. Also, HPCL’s Surana said, the demand increased compared to last year.
Fudged figures: Haryana’s eNAM ‘success’: FCI wheat buys inflate data
FE Bureau | May 24, 2018 6:08 AM
Under eNAM, there should be 100% online bidding of commodities arriving in the mandis. The portal (eNAM) has been provisioned to not allow any offline entries, but there is no technical supervision since data has to be entered by mandi officials.
Violent protests: Madras High Court stays Sterlite smelter expansion
FE Bureau | May 24, 2018 6:01 AM
Vedanta fell over 7% in intra-day trade before finally ending 6.23% down at Rs 252.70 on the BSE.
2nd in a row in FY18: SBI posts Q4 net loss of Rs 7,718 crore
FE Bureau | May 23, 2018 5:30 AM
High provisioning for loan losses, but shares jump as chairman Rajnish Kumar says NPA recognition over.
Equalisation levy: ‘Google tax’ revenue goes past Rs 1,000 crore
Sumit Jha | May 23, 2018 5:24 AM
The “equalisation levy” on online advertising fees paid by Indian customers to foreign companies like Google and Facebook is netting the government a tidy sum of money.
Draft Air Passengers Charter: Plane and simple – Flying to get a lot less stressful
FE Bureau | May 23, 2018 5:19 AM
Proposes sweeping changes that will be standardised for the entire domestic flights sector.
Government to unveil another sugar package soon
FE Bureau | May 23, 2018 5:13 AM
To help clear massive cane arrears, the Centre is exploring a raft of proposals, including offering an interest subsidy of more than Rs 1,300 crore on loans to sugar mills to raise their ethanol production capacity and creating a buffer stock of 3 million tonnes of sugar for a year.
Flight Plan: Vistara’s 737Max thinking signals likely fleet change
FE Bureau | May 23, 2018 5:06 AM
Full service airline Vistara, a 49:51 joint venture between Singapore International Airlines (SIA) and Tata Sons, is mulling a Boeing 737Max order.
Status Quo on Binani bids: NCLAT turns down Dalmia Bharat plea
FE Bureau | May 23, 2018 4:59 AM
While the NCLATrejected Dalmia Bharat’s petition for a status quo on the resolution process for Binani Cement, the company is unlikely to raise the offer for the cement firm to better that by UltraTech Cement.
NCLAT Ruling: Decision on Essar Steel after July 23
Surya Sarathi Ray | May 23, 2018 4:52 AM
A decision on the bankrupt Essar Steel was pushed back even further on Tuesday, with the National Company Law Appellate Tribunal scheduled to hear the case again only on July 23.
PSUs need to cut stakes: UTI has to be Sebi-compliant, says Trustees
Chirag Madia | May 23, 2018 4:45 AM
The board of trustees of UTI Mutual Fund has written to the board of UTI Asset Management Company (AMC), drawing its attention to Securities and Exchange Board of India (Sebi) rules which state that by March 2019, UTI AMC’s public sector shareholders will have to lower their stakes to less than 10% each.
Markets under Modi: In the NDA regime, bellwether indices hit record highs
Yoosef KP | May 23, 2018 4:38 AM
The economy may not have scaled new peaks during the four years of the NDA regime starting May 2014, but the stock markets did hit several highs.
Rising oil prices: States make a killing, Centre gains little in terms of excise revenue
Saurabh Kumar | May 22, 2018 5:42 AM
Though taxes are around 100% of the ‘base price’ of petrol or half the retail price (the case of diesel is comparable) and both the Centre and state governments treat the two auto fuels as a milch cow, it is only the states that benefit from a spike in their prices.
Rs 450-crore Input Tax Credit: Intelligence unit unearths fake GST bills business
Sumit Jha | May 22, 2018 5:30 AM
The intelligence unit for the GST has unearthed a nexus among businesses that use fake bills to claim input tax credit.
Tata to bad news?
FE Bureau | May 22, 2018 5:25 AM
Though the NCLAT has said the Tata takeover of Bhushan Steel will depend upon the outcome of the court case filed by the Bhushan promoter Neeraj Singhal, the possibility of banks being able to write back Rs 35,000 cr into their books sent stocks soaring on Monday.

Horoscope: By Peter Vidal

Today ( 20 Jun )This Week ( 17 Jun - 23 Jun )

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

Front Page News

latest News

Industry Sectors

FROM THE PRINT

MORE