Easing burden on telecom companies: Govt panel mulls repayment of AGR dues over 20 years
The govt panel is considering a reduction in the total incidence of taxation to help the troubled sector.
World’s most profitable company pays surprisingly little
For executives, it’s a relatively modest life compared with some of their peers elsewhere.
Global funds dump company bonds as credit worries persist
Overseas funds pulled Rs 2,640 crore in October, making it the 7th straight month of outflow.
Airport hospitality companies keen to improve passenger experience
While privatisation of Indian airports has fuelled the growth of airport lounges, most lounge operators are seeing limited room to expand their core operations, and are taking the premium services path to boost revenue.
Promoters of 50 companies lower share pledges
In June, the Securities and Exchange Board of India issued strict norms for pledging shares.
New-age internet companies are going big on soft-skill training
Clientele from these businesses are growing for soft-skill trainers. These sectors are still nascent, but demand is rising. These firms have witnessed an overall growth close to 30% in 6 months and 75-80% monthly. A majority of this hiring is in Bengaluru, Mumbai and Delhi. These trainings cater to blue-collared, grey-collared and white-collared workforce.
BPSL waived Rs 2.6k cr advances and undersold assets, reveal audits
The Enforcement Directorate (ED), which is probing alleged money-laundering by the promoters of the now-bankrupt company, has recorded findings of BDO, PricewaterhouseCoopers and Duff & Phelps in its investigation report. ET has seen the report. The National Company Law Tribunal initiated bankruptcy proceedings against BPSL on June 22, 2017.
JP Morgan appoints four experts to CCBSI team
The midcap sector in India is vibrant and as these companies go beyond their domestic market to do business, their needs evolve, says Pravin Advani.
Torrent Power Q2 profit rises 83% to Rs 755 crore
Total income rose to Rs 3,891.29 crore in the quarter under review from Rs 3,488.66 crore.
Only 15% of the cases resolved under bankruptcy laws: Report
Of the 2,542 cases admitted under IBC till date, 1,497 CIRPs or 59% of cases are still in court.
Yamuna Expressway authority directed to refund Rs 41.14 crore to Jaypee Infratech
As per the judgement, the authority had demanded Rs 2,591.78 crore in January 2015 and another Rs 247 crore in May 2017 from Jaypee Infratech as 'no litigation incentive' or additional compensation to be paid to the farmers whose land was acquired by the authority and then allotted to the developer for constructing Yamuna Expressway projects and other purposes.
High gold prices hit Titan’s jewellery sales in Q2; key takeaways
The watches business recorded an income of Rs 719 crores against Rs 676 crores in the previous year
French celebrity chef, who was accused of using cheddar cheese in a souffle, named an 'immortal' of the cuisine
Marc Veyrat is now suing the Michelin guide for the accusation.
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IBJA to review franchise agreement with Rajesh Wadhawan group company
India Bullion and Jewellers Association (IBJA) has sought legal opinion on its franchise agreement with IBJA Gold Pvt Ltd. Under a franchise agreement in 2015, IBJA lent its brand-name and logo to the company in exchange for a non-refundable deposit and 10% equity in it, said an India Bullion and Jewellers Association official.
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