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Khushboo Narayan
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Economic survey: Maharashtra among top five states in availing farm loansSubscriber Only
August 12, 2017 03:26 IST
Maharashtra, UP and Kerala put together account for almost one-third of the formal sector farm loans of Rs 3.25 lakh crore. However, for India as a whole, the total farm loans amount to about Rs 5.5 lakh crore, according to the survey.
Sat, Aug 12, 2017
PMLA case against Hasan Ali Khan: ED carries out searches in MumbaiSubscriber Only
August 11, 2017 07:55 IST
The CBI’s fresh FIR has charged Khan for “cognisable offence(s)” under Sections 120 B and 420 of the IPC, Sections 13 (2), 13(1) (d) of Prevention of Corruption Act 1988 and Section 41(1) (b) of the CrPC.
Fri, Aug 11, 2017
Hasan Ali money laundering case: ED conducts searches in MumbaiSubscriber Only
August 11, 2017 01:40 IST
In July, CBI had issued a notice to Khan directing him to appear before the agency on July 4 and 5 for interrogation in a fresh case filed by it against him for alleged criminal conspiracy and corruption. The case is based on a complaint filed by the ED.
Fri, Aug 11, 2017
Inside the shell: What Sebi’s rap to non-trading firms indicatesSubscriber Only
August 10, 2017 00:17 IST
What is a shell company? This is probably the first time that the regulator has issued a circular naming as many as 331 listed firms as suspected shell companies. Why are they being investigated?
Thu, Aug 10, 2017
Mumbai’s inflation perception highSubscriber Only
August 05, 2017 03:25 IST
Mumbai residents thought inflation in June was 8.5%, but actual retail inflation was 1.54%; only Guwahati had a higher perception, says survey
Sat, Aug 05, 2017
DRI unearths money laundering scam; 3 textile exporters heldSubscriber Only
July 31, 2017 02:15 IST
The sources said the modus operandi adopted by the exporters was to forge CDFs bearing genuine serial numbers.
Mon, Jul 31, 2017
Jawaharlal Nehru Port: Container cargo clearance zooms by 491 per centSubscriber Only
July 30, 2017 02:51 IST
“The DPD clearance system, first introduced in 2008 but never properly implemented, is now being used by firms after JN Port customs pushed companies such as Reliance Industries and the Tata Group to adopt the new system last year,” said a customs official.
Sun, Jul 30, 2017
SC tells MCIA to appoint arbitrator in global disputeSubscriber Only
July 30, 2017 01:33 IST
This is the first time in India when a court in the country has invoked section 11 of the Arbitration and Conciliation Act, 2015, asking an independent body to appoint an arbitrator in a matter.
Sun, Jul 30, 2017
Maharashtra expected to see surplus power availability of 13 per cent of demand in 2017-18, says reportSubscriber Only
July 29, 2017 02:54 IST
Maharashtra is going to have an availability of 1,63,053 units. In comparison, the requirement is only 1,44,266 units, the report said. That translates to an excess of 13 per cent.
Sat, Jul 29, 2017
Disproportionate Assets: CBI registers case against I-T official, wifeSubscriber Only
July 29, 2017 02:17 IST
On Friday, the CBI conducted searches in Delhi, Mumbai. Goa, Thane, Silvassa and Karnal in connection with the case and recovered several incriminating documents, sources said.
Sat, Jul 29, 2017
FMCG, Realty, banking stocks lead rally: Nifty briefly breaches 10K mark on liquidity surgeSubscriber Only
July 26, 2017 01:35 IST
The Nifty, which has been steadily gaining ground over the last one year amid high liquidity, rose 44.90 points to reach an all-time high of 10,011.30 points crossing its previous intra-day high of 9,982.05 yesterday. However, it fell quickly after valuation concerns.
Wed, Jul 26, 2017
I-T probes offshore deals of Pune realtor, ‘searches’ ex-minister’s sonSubscriber Only
July 25, 2017 04:51 IST
More than 200 I-T officials have been sent to different locations in the country to conduct searches, sources said.
Tue, Jul 25, 2017
Office space absorption rose in April-June quarter compared to Jan-March, says reportSubscriber Only
July 22, 2017 03:42 IST
Mumbai: In the April to June quarter, there was net absorption of office space to the tune of 0.8 million square feet (msf). This was a 47 per cent surge from the 0.5 msf absorption that was seen in the first quarter of 2017.
Sat, Jul 22, 2017
Assets of defaulter Winsome Diamonds to be auctionedSubscriber Only
July 21, 2017 03:13 IST
Most of the properties to be e-auctioned are commercial offices in Mumbai, Kolkata, Valsad and Goa, according to a bank official. The auctions will be conducted through www.bankeauctions.com between noon and 1 pm on August 29.
Fri, Jul 21, 2017
Vijay Mallya case: Enforcement Directorate team in London to brief the Crown Prosecution ServiceSubscriber Only
July 20, 2017 09:00 IST
ED complaint was submitted in a Mumbai court on June 14 for an alleged loan default of Rs 900 crore by Kingfisher. The complaint accused the airline and Mallya of having routed overseas Rs 417 crore of Rs 900 crore it secured as loan from IDBI Bank.
Thu, Jul 20, 2017
Interview with Shardul Shroff: Next 90 days will see some form of action, there will be some revival plans or insolvencySubscriber Only
July 17, 2017 03:35 IST
Shroff, who represents lenders in the litigation, said buyers for the assets are waiting in the wings and banks will get to know the realisation — of course with haircuts and after long-drawn proceedings.
Mon, Jul 17, 2017
Sensex on fire: why are the bulls charging?Subscriber Only
July 17, 2017 01:44 IST
The Sensex and Nifty, India’s benchmark indices, have risen by 20% since the beginning of the year — among the highest in the world.
Mon, Jul 17, 2017
Mumbai has highest demand for co-working spacesSubscriber Only
July 15, 2017 08:59 IST
Co-working refers to shared office spaces. In top cities like Delhi National Capital Region (NCR), Mumbai, Bengaluru and Pune, a co-working space is likely to lead to cost savings in the range of 20-25 per cent when compared with leasing a traditional office space, the study says.
Sat, Jul 15, 2017
Recovery of dues under new law: Two major defaulters fight it out in courtSubscriber Only
July 13, 2017 02:28 IST
According to the filings before the Chandigarh bench of National Company Law Tribunal (NCLT) Bhushan Power & Steel, an operational creditor of Amtek Auto filed a petition under IBC in early May, seeking to recover over Rs 60 lakh from the Delhi-based auto ancillary firm.
Thu, Jul 13, 2017
In a first, Income Tax department to charge govt official under new benami lawSubscriber Only
July 11, 2017 04:49 IST
This is the first time that tax authorities are taking recourse to laws under the Benami Transactions (Prohibition) Amendment Act, 2016, to charge a serving government official and seize properties. The two SRA properties, sources said, were allegedly acquired by Rasal in 2013.
Tue, Jul 11, 2017
Corporation Bank petition: NCLT bench issues notice to Amtek AutoSubscriber Only
July 11, 2017 02:57 IST
The Delhi-based auto ancillary maker- Amtek Auto is in default of Rs 14,074 crore.
Tue, Jul 11, 2017
Eye on GST, CAs, tax consultancies hike fee by up to 30 per centSubscriber Only
July 03, 2017 04:10 IST
In the run-up to GST, tax consultants were charging a fee for an impact analysis report — a detailed study to gauge the impact of the new regime on business procedures and margins — and a monthly retainership for compliances.
Mon, Jul 03, 2017
Supply chain, infra not GST-ready: Small tradersSubscriber Only
June 26, 2017 03:59 IST
Despite efforts by the government, the transitional provisions have failed to account for or facilitate transition of credit and stocks in many scenarios relevant to businesses. According to sources, the textile and garments sector workers are going on a strike from June 26 against the high rate of GST.
Mon, Jun 26, 2017
One arrested for ‘smuggling’ gold, iridium worth Rs 1.7 crSubscriber Only
June 25, 2017 03:32 IST
This is not the first time that ground staff at airports and cargo complexes have been found involved in gold smuggling.
Sun, Jun 25, 2017
Maharashtra the only state that can manage farm loan waiver within finance panel rulesSubscriber Only
June 17, 2017 03:21 IST
That means it has an elbow room for spending an additional Rs 38,789 crore without violating the rules. The Devendra Fadnavis government’s loan waiver for marginal farmers is expected to cost the state over Rs 30,000 crore. Thus, the math works in favour of Maharashtra.
Sat, Jun 17, 2017Journalism of Courage
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