While Reliance Jio and Airtel's subscriber base increased 1.54 per cent and 0.51 per cent, respectively, Vodafone Idea's user base shrunk 9.77 per cent in the period

Ritesh Aggarwal, Chief Financial Officer of UVARC says the company has over Rs 1,000 crore worth of assets under management, and that the CoC of Aircel has approved UVARC's takeover plan

The Wadhawans shall help the committee in valuation of HDIL's encumbered properties, the court said

'Will ensure Air India keeps operating uninterruptedly,' says Aviation MinistryThe Ministry of Civil Aviation said on Tuesday that it would make sure that Air India continues to operate 'uninterruptedly'. The ministry said that it aims to improve the airline's operations as the government plans to go ahead with Air India's disinvestment process. Aviation minister Hardeep Singh Puri had also said last year that it would be difficult to run the airline without privatising it.As comp...

UVARC has reportedly placed bids worth Rs 16,000 crore for spectrum, real estate assets and data centres of RCom and Reliance Telecom Ltd, while RJio placed bids worth Rs 4,700 crore for tower and fibre assets of Reliance Infratel Ltd

Replying to a question over delayed payment time limit and law, Gadkari said the government will look into this matter seriously and policy will be framed for the same

The chargesheet has named PMC Bank's erstwhile chairman Waryam Singh, former managing director Joy Thomas, former director of the bank Surjit Singh Arora, along with HDIL promoters Rakesh Wadhawan and Sarang Wadhawan

Aggregate market value of Reliance Group companies went down to less than Rs 2,400 crore, compared to Rs 7,500 crore about six months ago

Union Finance Minister Nirmala Sitharaman had recently said that around 78 per cent of PMC Bank's depositors were now allowed to withdraw their money, even though the ceiling of Rs 50,000 on withdrawal continued

Share Market LIVE: Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers in today's trade.

More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient

Govt set to amend bankruptcy law to protect new owners of insolvent companiesThe government has begun the process of amending the insolvency and bankruptcy code to protect new owners of bankrupt companies from any criminal accountability concerning the time when the firms were controlled by the erstwhile promoters. The cabinet is expected to approve significant changes to the insolvency law at the earliest to safeguard the companies taking over the broke businesses from prosecut...

Amendment to IBC: The cabinet is expected to approve significant changes to the insolvency and bankruptcy code (IBC) at the earliest to safeguard the companies taking over the broke businesses from prosecution for financial crimes by the outgoing promoters

Sundar Pichai to replace Larry Page as CEO of Google parent Alphabet as co-founders step asideGoogle Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago. Page, Brin and Pichai have all shared an emphasis on developing artificial intelligence software to make web searching and other tasks faster, while long-time produc...

These suspects were held following an investigation intocredit facilities provided by PMC Bank to now-bankrupt HDIL and its group companies

Why the Sensex is on fire even as the economy hurtles downhill

The bankrupt company's plant has a workforce of around 6,000 and the workers there are uncertain about what the future holds for them

Sources said Vodafone has to receive an aggregate of about Rs 1,000 crore from Mumbai unit of the income tax department and another Rs 6,000 crore from its Delhi office for multiple assessment years dating back to 2004-05

Next wave of reforms soon; pain points in manufacturing to be resolved: FM SitharamanFinance Minister Nirmala Sitharaman on Tuesday said the government will soon use its strong electoral mandate to usher in the next wave of reforms, and not to miss the bus this time. Without naming the reform measures unsuccessfully attempted by the Modi government in its first term, and in an apparent hint at land acquisition reform attempts by NDA1, she said the government's efforts last time we...

Most real estate funds, set up a decade back to help developers with land deals, are facing an existential crisis. They need to take a re-look at their investment strategies to generate positive returns for investors