Centre likely to sell 28 per cent stake in BEML through strategic disinvestment
The Cabinet Committee on Economic Affairs in October, 2016 had given an in-principal approval for strategic disinvestment of 26 per cent equity shares in BEML Ltd.
Cases involving Rs 3.75 lakh cr disposed of at IBC pre-admission stage
As many as 21,136 applications have been filed under the Code, the corporate affairs ministry said in a release on Sunday. It said that "9,653 cases involving a total amount of approx. Rs 3,74,931.30 crore have been disposed of at pre-admission stage of IBC."
Corporate affairs ministry reviews IL&FS resolution progress
After the crisis at diversified IL&FS came to light last year, the ministry had superseded its board and since then various measures have been taken to address the issues as well as repay outstanding dues of the group.
175 held, 1,406 taken into custody in Assam over citizenship law stir
Peasant organisation Krishak Mukti Sangram Samiti (KMSS) chief Akhil Gogoi and ULFA pro-talk faction leader Jiten Dutta are among those arrested while 1,406 people have been taken into preventive custody.
Anti-Citizenship Act protest: Entry, exit gates of multiple metro stations in Delhi closed
Delhi Traffic Police said in a tweet that the vehicle movement was closed from Okhla Underpass to Sarita Vihar due to the agitation. Vehicles coming from Badarpur and Ashram Chowk were diverted to alternative routes due to the blockade.
Discoms' outstanding dues to power gencos rise 48 per cent to Rs 81,010 crore in October
The portal was launched in May 2018 to bring in transparency in power purchase transactions between generators and discoms.
Infinix to bring smart TVs to India next year
Smartphone maker Infinix will soon join peers such as Xiaomi, Motorola and OnePlus by bringing its smart televisions (TVs) to the Indian market in the first half of 2020.
Keppel Land, Rustomjee form JV to develop integrated township in Thane
Keppel Land will be acquiring 49% stake in the joint venture company Kapstone Constructions for around Rs 410 crore. This is first such alliance between a Singaporean and an Indian developer for any project in Mumbai Metropolitan Region.
MCA's 2019 Review: Steps for ease in business, insolvency resolution
In its year-end review, the Ministry of Corporate Affairs (MCA) on Sunday mentioned the various steps it undertook in 2019 for ease of doing business and creating a robust insolvency framework.
Opec+ deal isn't worth the paper it's written on
Opec cut their output target by a further 500,000 barrels a day for the first quarter of 2020.
Veteran Tamil musician Ilaiyaraaja creates his first-ever corporate anthem for Hindustan Coca-Cola Beverages
The reason behind choosing Ilaiyaraaja was the universality of his music.
Tea Board launches corporate credit card for buyers at tea auctions
By using this card, the buyers can settle the auction payments within the time limit and avail 45 days free credit period from the bank. This will ease out the liquidity crunch of the auction buyers. and facilitate better participation in the auction process. This will enhance participation in the auction process.
Tamil Nadu's Trichy City Corporation launches work on solar power plant
To harness sunlight to generate electricity, the corporation mooted a plan in October 2018 to utilise Smart Cities Mission fund. The urban local body subsequently identified 13.75 acres of land near Panchapur STP for the purpose.
Tata Power ranks among top 10 companies with highest corporate governance score
Tata Power has been ranked among top 10 companies in this year's Indian Corporate Governance Scorecard Tata Power ranks among top 10 compani...
Credit crisis is easing for safest corporate borrowers
Policy makers have been fighting to prevent debt markets from seizing up.
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