
May 11, 2020 03:16 IST
Experts say that the demand for ATF has collapsed as it is only being used for cargo transport, relief and rescue work, as well as emergency services.
Mon, May 11, 2020
May 07, 2020 01:51 IST
The Centre’s move to hike excise duty on petrol by Rs 10 per litre and on diesel by Rs 13 per litre has not resulted in any hike in pump prices as the duty increase has been absorbed by OMCs.
Thu, May 07, 2020
April 28, 2020 03:27 IST
The government may have to wait longer for bids at an attractive valuation as major international energy players are battling the financial stress caused by disruption in the crude oil market.
Tue, Apr 28, 2020
April 25, 2020 01:37 IST
The MCA had, earlier this week, petitioned the NCLT to suspend the general committee of the club with immediate effect, and replace it with a central government-appointed administrator.
Sat, Apr 25, 2020
April 24, 2020 03:01 IST
Oil producers are required to pay a 20 per cent oil cess on the price of crude as well as a royalty of 10-12.5 per cent for offshore production of oil.
Fri, Apr 24, 2020
April 22, 2020 01:23 IST
Experts say OMCs are making up for inventory losses and reductions in refining margins.
Wed, Apr 22, 2020
April 20, 2020 00:02 IST
Confirming the development, a government source further said the Corporate Affairs Ministry has, in turn, taken up the matter with the Ministry of Home Affairs.
Sun, Apr 19, 2020
April 11, 2020 00:50 IST
The ICAI has, however, supported mandatory joint audits and an independent panel to appoint auditors in its submission to the MCA.
Sat, Apr 11, 2020
March 30, 2020 03:00 IST
The IBC prescribes that the CIRP for companies be completed within 330 days. including time taken for litigation.
Mon, Mar 30, 2020
March 28, 2020 02:10 IST
The note provides guidance to companies and auditors on measuring impairment of assets, evaluating contingent liabilities and the ability of business to remain operational.
Sat, Mar 28, 2020
March 20, 2020 02:14 IST
It also arrested the managing director of Frost International Uday Desai and CEO Sujay Desai for fraudulent round tripping of funds and manipulating financial statements to get funds from banks.
Fri, Mar 20, 2020
March 19, 2020 03:04 IST
The novel coronavirus, which has infected over 2,00,000 people and led to the death of over 8,000 people globally is expected to have a strong negative impact on GDP growth in the country especially the tourism, aviation, hospitality and trade.
Thu, Mar 19, 2020
March 17, 2020 03:04 IST
An official said the move was a response to representations by industry bodies and corporates that board members may be unable to travel due to restrictions.
Tue, Mar 17, 2020
March 16, 2020 00:36 IST
Non-adherence to timelines under the Insolvency and Bankruptcy Code (IBC) is an issue that has been repeatedly raised by lenders and the government has repeatedly sought to address it through amendments to the IBC.
Mon, Mar 16, 2020
March 14, 2020 10:10 IST
A government notification said that the special excise duty on petrol was hiked by Rs 2 per litre to Rs 10 per litre and to Rs 4 per litre for diesel. Road cess on both petrol and diesel has also been increased by Re 1 per litre to Rs 10 per litre, the notification added.
Sat, Mar 14, 2020
March 11, 2020 03:00 IST
The Indian Express has learnt. The delay by the DoT comes even as the Committee of Creditors (CoC), led by State Bank of India (SBI), approved a Rs 23,000-crore plan for the resolution of RCom last week.
Tue, Mar 10, 2020
March 09, 2020 01:04 IST
The report of the Insolvency Law Committee, which is set be submitted to Finance Minister Nirmala Sitharaman, has also recommended a lower threshold of Rs 5 lakh for initiation of insolvency against micro, small and medium enterprises (MSMEs).
Mon, Mar 09, 2020



