The lenders of Jet Airways may soon favour resolution outside the insolvency law framework if the ongoing bidding process for stake sale in the embattled airline does not bear fruit, reports suggest.... Read more »
Former prime minister Manmohan Singh on Saturday said the Congress’ ‘Nyay’ minimum income guarantee scheme will not generate any new taxes and help restart the “economic engine” which has come to a... Read more »
Reliance Industry (RIL) on Thursday reported a moderate consolidated profit of Rs 39,588 crore ($ 5.7 billion) given the high crude prices in the last few months. It even recorded a 9.8%... Read more »
The government sets to raise around Rs 1,500 crore from initial public offerings (IPOs) of two railway companies — IRCTC and IRFC — by September, an official said. The finance ministry earlier... Read more »
Amid the potential takeover of the company by L&T, Mindtree’s board Wednesday agreed to pay a special dividend to its shareholders, including promoters, that along with regular dividend and tax components would... Read more »
Jet Airways has always been a household name for the young aspirational Indian. Born at the dawn of liberalization, it removed the monopoly previously enjoyed by Air India and Indian Airlines. The... Read more »
The Securities and Exchange Board of India’s (SEBI) notifications dated May 30, 2018, and September 19, 2018, under the SEBI (Credit Rating Agencies) Regulations, 1999, have mandated the segregation of Ratings and... Read more »
CRISIL believes the Indian telecom industry will reverse a two-year declining trend with a 7% revenue growth in fiscal 2020. The turnaround will ride on an increase in average revenue per user... Read more »
Cairn Oil & Gas, a part of Vedanta, on Tuesday has appointed Ajay Kumar Dixit as its Chief Executive Officer. Ajay succeeds Sudhir Mathur, who after seven successful years with the company,... Read more »
This is the summer of Reliance Industries. India’s largest firm by market capitalisation is expected to announce market beating results even as the world’s largest oil producer Aramco is seeking a stake... Read more »