IL&FS completes stake sale in education business, cuts consolidated debt by Rs 650 crore
The sale was completed pursuant to the approval granted by the National Company Law Tribunal’s principal bench through its order…
SC directs Mahagun to deposit Rs 240 crore by March for plot sold by Amrapali
During the hearing, the counsel appearing for NOIDA opposed the proposal of Mahagun that it be allowed to mortgage the…
Finmin clarification: ‘We haven’t delayed payments of Rs 7 lakh crore’
As on March 31, 2020, state discoms had owed Rs 91,860 crore to power generating companies; the dues increased to…
Kamath panel framework better than CDR, but may just postpone recognition of stress: Analysts
The Reserve Bank of India (RBI) has operationalised the guidelines from Tuesday, which give relief to 26 listed sectors affected…
SBI Plans To Hire 14,000 Staff, Says VRS Is Not Cost-Cutting Exercise
The State Bank of India on Monday said it proposes to recruit 14,000 employees during the current year and its…
Raghuram Rajan calls economy a patient that needs emergency treatment now, not later
Raghuram Rajan said that if one thinks of the economy as a patient, relief is the sustenance the patient needs…
Branded plot sales up amid Covid-19 pandemic
Given the desire to own land in south India, several Bengaluru-based developers, including Sobha Ltd, Puravankara Ltd, Salarpuria Sattva Group,…
Hotels, restaurants tell FinMin banks not cooperating in loan restructuring; may ‘succumb’ by year-end
Ease of Doing Business for MSMEs: Ever since the lockdown was enforced by the government in March, the hotel and…
Ease of doing business: Andhra Pradesh on top again, Uttar Pradesh soars to second spot
Importantly, in a first, the latest ranking of states are based purely on stakeholders’ comments on all reform measures, instead…
Spadework already done on PLI scheme for auto, component manufacturers: Amitabh Kant
Kant, who was addressing the 60th annual convention of the Association of Auto Component Manufacturers (ACMA) in New Delhi on…