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Of the 52 dysfunctional towers, 41 failed within five years of commissioning. Most of the failed towers belonged to state-owned Power Grid Corporation of India (PGCIL), followed by Sterlite Power, L&T, Adani Transmission and Essel
The auditors’ report said that while the firm’s standalone Ind-AS financial statements have been prepared on a going concern basis keeping in view the majority stake of the government of India, it is doubtful that
“Taking cues from the last year, the bank has set the goal to achieve a healthy credit growth of 10-12 per cent in FY2020. To an extent the credit revival and recoveries in FY19 have
Apart from economic and security issues, the Council is likely to take up water management and aspirational district programmes.
A vacation bench vacated its April order that had stayed a NCLAT order on reopening of the firm’s books.
Reiterating the June 30 deadline for filing of annual returns for the first year (2017-18) of Goods and Services Tax (GST) regime, the Finance Ministry Tuesday asked taxpayers to file their returns at the earliest
PTIJun 4, 2019
Low-cost carrier SpiceJet is expanding its operations and is set to take on lease 30 planes that were flown by Jet Airways, which suspended operations in April due to cash crunch
PTIJun 4, 2019
At the interbank foreign exchange, the rupee opened on a weak note at 69.10, but gathered momentum and rose to a high of 69.00 against the US dollar, showing 26 paise gain over its previous
In April, Choksi had approached the court claiming that he had not deliberately avoided joining the investigation against him in the Rs 13,600-crore Punjab National Bank alleged fraud case.
Chitra MadiaJun 4, 2019
Earlier on May 10, the market regulator had sent two showcause notices on the same matter to HDFC AMC.
The one-year period starts from April 1, 2019, the RBI said in a release.
The industry expects the government to provide relief in taxation to uplift the financially stressed sector, which saw foreign direct investment during 2018-19 falling to $2.67 billion from $6.21 billion a year ago.
The Nikkei India Manufacturing Purchasing Managers’ Index improved to 52.7 in May from 51.8 in April.
The Japanese conglomerate, which till last year held a meagre 3 per cent stake in the TVS group firm, has increased it to 25 per cent by picking up an additional 22 per cent now.
The Nikkei India Manufacturing Purchasing Managers’ Index (PMI), improved to 52.7 in May from 51.8 in April, showing the strongest improvement in the health of the sector in three months.
Toonz Animation Studio, based in Thiruvananthapuram’s Technopark, is one of the top-billed animation players in the world, ever since its popular productions, such as Finding Nemo, had been released.
The plane was grounded and the return flight, which had 210 passengers on board, was cancelled.
More manufacturing jobs, land and labour reforms including national employment policy, new industrial policy, direct tax code, lower corporate tax and a reasonable control on fiscal deficit formed part of the measures outlined by industry
George MathewJun 4, 2019
NCMC has 2 instruments on it – a regular debit card which can be used at an ATM, and a local wallet, the panel said.
Sunny VermaJun 4, 2019
A panel by Ministry of Corporate Affairs had suggested adopting the United Nations Commission on International Trade Laws on cross-border insolvency.
Amendments aim to ensure “smooth and flawless compliance” of copyright regulations.
PTIJun 3, 2019
Rupee opened strong at 69.48 and later rose to the day's high of 69.10 at the interbank forex exchange market.
PTIJun 3, 2019
According to traders, investors lapped up stocks amid expectations of an interest rate cut by Reserve Bank of India (RBI) this week, especially after a disappointing GDP print for the March quarter.
PTIJun 3, 2019
Mehrishi was elected at the 72nd World Health Assembly in Geneva last month with a majority. Apart from India, others competing for the position were the Auditors General of Congo, France, Ghana, Tunisia and the
PTIJun 3, 2019
Taking charge of his new ministry, Prasad said that amongst his priorities will be revival of state-owned MTNL and BSNL.
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