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Vodafone wins Rs 22,000cr case

Vodafone Group Plc on Friday won an international arbitration case against the Indian government, ending one o...

Stocks go up post recovery

Equity benchmark Sensex rallied 835 points on Friday after six days of declines as investors returned to buyin...
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Aircel spectrum tiff rages on, NCLAT to decide

The National Company Appellate Law Tribunal (NCLAT) will decide the validity of the spectrum sale by insolvent...

BPCL stake sale delayed by two years

The strategic sale of the government’s 52.98 per cent stake in state-owned refiner BPCL is likely to be ...

Alternative to flight refund on table

The Supreme Court on Friday said it will consider the Centre’s suggestion to make transferable the refun...

Go-ahead to SAIL board rejig

The appointments committee of the cabinet (ACC) has approved the restructuring of the board of Steel Authority...

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Business  /  Published 25.09.20

Vodafone wins Rs 22,100cr retrospective tax case

British telecom giant Vodafone Group plc on Friday won an arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation. An international arbitr...
By Our Bureau, Agencies in New Delhi

Business  /  Published 25.09.20

Yes Bank: ED to attach London flat

The Enforcement Directorate (ED) has attached a Rs 127-crore flat of Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others, the central ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 24.09.20

Govt extends insolvency proceedings

The government on Thursday extended the suspension of fresh insolvency proceedings under the insolvency law by three months till December 25. The six-month period of suspension, which was effective fr...
By Our Special Correspondent in New Delhi

Business  /  Published 24.09.20

UTI AMC float on September 29

UTI Asset Management Company (AMC) on Thursday fixed a price band of Rs 552-554 per share for its initial public offering (IPO) that will open for public subscription on September 29 and close on Octo...
By Our Special Correspondent in Mumbai

Business  /  Published 24.09.20

Baggage limits eased on flights

The aviation ministry has allowed airlines to decide on baggage limitations for domestic passengers — an indication that the sector may resume normal flight schedules soon. Passengers were so fa...
By Our Special Correspondent in New Delhi

Business  /  Published 24.09.20

Harley decides to exit India

Harley-Davidson Inc said on Thursday it would discontinue its sales and manufacturing operations in India, effectively abandoning the world’s biggest motorcycle market after a decade of unsucces...
By Our Special Correspondent in Calcutta

Business  /  Published 24.09.20

Maruti launches vehicle subscription plan

Maruti Suzuki India on Thursday launched its vehicle subscription programme for individuals to cash in on the festive demand even as a survey of car dealers threw up two key concerns —  sup...
By Our Special Correspondent in New Delhi

Business  /  Published 24.09.20

Adani airport deal cleared

The Competition Commission has approved Adani Group’s proposed acquisition of a controlling stake in Mumbai airport from GVK Airport Developers under the green channel route.  The green ch...
By PTI in New Delhi

Business  /  Published 24.09.20

Heat on borrowing plan for fiscal second half

However, Madan Sabnavis, chief economist of Care Ratings, said: “It is unlikely to be more than Rs 12 lakh crore for the full year….therefore no surprise is expected.” “The go...
By Our Special Correspondent in New Delhi

Business  /  Published 24.09.20

Fear of fresh wave sinks stocks

Investors ran for cover and the Sensex slumped 1110 points on Thursday over fears of a second wave of the coronavirus triggering more lockdowns and derailing the global economy. The Sensex suffered i...
By Our Correspondent in Mumbai


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