Sahara's Aamby Valley project: Supreme Court asks Bombay HC receiver to help in auction

A bench comprising Chief Justice Dipak Misra and Justices Ranjan Gogoi and AK Sikri also asked the official liquidator of the Bombay high court to take the help of the Receiver and ensure the Aamby Valley properties are properly auctioned.

Havmor sells ice cream business to Korean LOTTE Confectionery for Rs 1,020 crore

The share purchase agreement was finalised on Wednesday and the rest of the Rs 1,020 crore deal will be shut over the course of the following week. The deal was overseen by Havmor's financial advisor KPMG, Veritas Legal, and Dhruva Tax Consultants.

Complication can arise in willful default cases under bankruptcy code

The ordinance also paves the way for new team to take over and turnaround the company. But there is likely to be complications in willful defaulters cases

EPFO-CBT meet: Will Employees' Provident Fund Organisation agree to higher pensions for all?

It's rare that a meeting between the Employees' Provident Fund Organisation (EPFO) and members of its Central Board of Trustees has generated interest as much as it has today.

Bharti family pledges Rs 7,000 crore to philanthropy; plans to set up university

Sunil Bharti Mittal on Thursday said the Bharti family has pledged 10 per cent of their wealth amounting to Rs 7,000 crore to support philanthropic activities of the Bharti Foundation.

Thu Nov 23 19:56:04 IST 2017

From The Magazine

Playing It Safe

Private sector banks report higher bad assets due to regulatory diktat