Tatas face Bhushan hurdle

The National Company Law Tribunal (NCLT) on Monday asked the committee of creditors (CoC) of debt-ridden Bhushan Steel to consider the objections raised by its employees over the bid submitted by Tata Steel.
Mar 20, 2018 00:00 IST

WTO bid to focus on dispute settlement

Challenges related to dispute settlement will be the key focus area of the WTO's mini-ministerial meet being held here. While India is keen to bring up the issue of rising protectionist tariff measures by Washington, the US has expressed concerns over the trade body's functioning and sought reforms.
Our Special Correspondent Mar 20, 2018 00:00 IST

Private fuel retailers carve out a niche

The competition in fuel retailing is set to intensify with new private players such as BP India and Total Oil India set to enter the market.
Our Special Correspondent Mar 20, 2018 00:00 IST

Good appetite for Bandhan shares

The initial public offering (IPO) of Bandhan Bank closed on a strong note on Monday with the issue being subscribed around 15 times.
Our Special Correspondent Mar 20, 2018 00:00 IST

ICICI arm sniffs IBC scope

ICICI Securities, a subsidiary of ICICI Bank, is keen to expand the share of merchant banking and financial advisory services in its total business amid rising corporate interest in stressed assets going for resolution under the Insolvency and Bankruptcy Code (IBC).
A Staff Reporter Mar 20, 2018 00:00 IST

US rate hike fears pull down Sensex

The Sensex on Monday tumbled 253 points and slid below the 33000-mark as a combination of global and domestic factors pulled down the BSE bellwether for the fifth straight session.
Our Special Correspondent Mar 20, 2018 00:00 IST

Retro rules make a comeback

Strange as it may seem, a government which has been promising not to bring in retrospective tax legislations, has in its just passed Finance Bill for 2018 managed to breathe new life into a law it had scrapped some eight years ago: the Foreign Contribution Regulation Act 1976.
Jayanta Roy Chowdhury Mar 19, 2018 00:00 IST

Dalmia bait for Binani

The Dalmia Bharat-led consortium is ready to pay all debts to secured creditors by March 31 if the National Company Law Tribunal approves its resolution process for stressed asset Binani Cement on Monday.
Sambit Saha Mar 19, 2018 00:00 IST

Pipeline plan for south Bengal

Eastern India is emerging as a major destination for gas pipeline players with H-Energy, a subsidiary of real estate firm Hiranandani Group, proposing a 125km pipeline between Kukrahati near Haldia and Itinda near Basirhat.
R. Suryamurthy Mar 19, 2018 00:00 IST

Hydel power energiser for Sarda

Sarda Energy and Minerals Limited (SEML) is planning to add hydroelectric capacity of more than 125MW over the next 2-3 years in Sikkim and Chhattisgarh.
A Staff Reporter Mar 19, 2018 00:00 IST

Digital share grows in tech

The digital business is set to corner the lion's share of the revenues of Indian IT players by the middle of the next decade, analysts said.
Our Special Correspondent Mar 19, 2018 00:00 IST


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