Banking

NCLT Issues Notice To DGCA, MoCA To Clear Stance On Jet Airways' Slots

Jet was grounded on April 17 due to liquidity crisis and subsequently went into administration in June 2019 Read more

DHFL Case: 63 Moons Seeks Rs 30,000 Crore Payback To NCD, FD Holders

The NCD and FD holders have the largest exposure to the crippled company at Rs 45,000 crore, followed by banks at Rs 35,... Read more

DHFL Bid: Sebi Asks Oaktree Capital To Explain Credit Rating Claims

As per norms, credit rating agencies cannot indicate a rating of an instrument unless such a rating is given. Such actio... Read more

Tata Steel's India Output Grows 3% In Oct-Dec, Sales Decline 4%

Tata Steel on Friday said its total output from India operations rose 3 per cent to 4.60 million tonnes (MT) during Octo... Read more

Pfizer Vaccine May Protect Against UK Variant Of Coronavirus, Study Claims

When the researchers tested the sera of 20 participants who received vaccine they found that it could act against the en... Read more

Flipkart Ropes In JP Morgan's Saroj Panigrahi As Senior VP Ahead Of IPO

Bijoya Roy will transition into the role of vice president, head of legal for Flipkart Operations and report to Panigrah... Read more

Piramal Group Claims Its Bid For DHFL Highest And Compliant With Norms

Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and ful... Read more

CCI Clears Acquisition Of Columbia Asia Hospitals By Manipal Health

The Competition Commission of India (CCI) on Friday approved acquisition of Columbia Asia Hospitals by Manipal Health En... Read more

Capgemini Appoints Olivier Sevillia As Group COO Effective January 1

Sevillia has been with the firm for the past 30 years, and was CEO of its Europe strategic business unit before assuming... Read more

Reliance Capital's Total Outstanding Debt Rises To Rs 20,380 Crore

Reliance Capital Ltd (RCL), part of Anil Ambani-promoted Reliance Group, has said the total outstanding debt rose to Rs ... Read more

Tata Power Takes Over Power Distribution In Western, Southern Odisha

Tata Power has taken over the management and operations of Western Electricity Supply Company of Odisha (WESCO) and SOUT... Read more

HMEL To Shut Bathinda Refinery For 40 Days From End-January: Report

India's HPCL-Mittal Energy Ltd, part owned by steel tycoon L N Mittal, will shut its 226,000 bpd Bathinda refinery in Pu... Read more

DGGI Arrests Firm's Director, Accountant For Fraudulently Availing ITC

SHRPL is believed to have have availed and utilised fraudulent ITC of Rs 21.56 crore on an invoice value of Rs 121.76 cr... Read more

Mahindra & Mahindra Hikes Prices Of Personal, Commercial Vehicles By 1.9%

Mahindra & Mahindra (M&M) on Friday announced hike in prices of its range of personal and commercial vehicles by... Read more

Robotic Tech Deployed By Air India To Disinfect Aircraft Interiors

The Air India Express has become the first airline in India to use robotic technology to clean and disinfect the interio... Read more