Reliance Industries on Wednesday posted its highest ever net profit at Rs 9,516 crore in Q2 FY 19, up 17.35 per cent year-on-year (YoY).

ArcelorMittal said it will pay Rs 7,469 crore to the creditors of Uttam Galva and KKS Petron to be eligible to acquire the debt-laden firm, as per Supreme Court order.

Much recently, following the allegations former editor and Minister of State for External Affairs, M.J. Akbar has resigned. The President of NSUI, too, resigned following the allegations of sexual harassment.

Hari Sankaran, the former vice-chairman and managing director of debt-laden IL&FS, has blamed Life Insurance Corporation of India (LIC) and the 'capital intensive' nature of infrastructure business for the problems faced by IL&FS group.

The summary sacking followed a series of letters Singhania wrote, complaining that he was not being kept in the loop about board meetings.