Business Today

Patanjali says Adani Wilmar not eligible to bid for bankrupt Ruchi Soya

Adani Wilmar has put in a Rs 6,000 crore bid for Ruchi Soya vs Patanjal's Rs 5,700 crore. Patanjali has not moved a counter bid under the Swiss system of auction as it claims that Adani Wilmar is not eligible to participate in the bidding for Ruchi Soya.

Air India unveils revamp plan after privatisation setback

The government on Wednesday shelved a plan to sell a 76 per cent stake in the debt-laden carrier due to lack of interest from bidders.

ED moves court to confiscate Rs 12,500 crore assets of Vijay Mallya

The action has been taken in pursuance of two bank loan money laundering cases of over Rs 9,000 crore involving the IDBI bank and a SBI-led consortium and these became predicate offences for the latest action under the Ordinance brought by the Modi government early this year.

ICICI Bank says it received another whistleblower complaint in March about 31 loan accounts

This marks third whistleblower complaint against the bank since 2016, which led several controversies including the Videocon-ICICI Bank loan case row.

Day after Teradata files IP theft suit against SAP, Vishal Sikka terms charges 'baseless, outrageous'

I categorically deny the baseless and outrageous allegations made by Teradata that attempt to diminish the hard work, passion, and the irrefutable and fully legitimate achievements by the Hana team, including myself, says Sikka.

Sat Jun 23 15:48:03 IST 2018
 
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From The Magazine

Rain Cheer

The country is expected to have a normal monsoon for the third consecutive year. This is good news for the economy and the farming sector