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BusinessToday.In
New Delhi, July 21, 2019
India Ratings refuted the Grant Thornton report, saying that it is based on partial and selective source material from IL&FS and demonstrates a limited understanding of the credit rating process


BusinessToday.In
New Delhi, July 20, 2019
The Jet Airways assets up for sale include 14 aircraft, including 10 Boeing planes, 49 per cent stake in Jet Privilege and a few buildings. The process is expected to be completed by September 20


BusinessToday.In
July 20, 2019
Reliance Industries on Friday disclosed that Canada's Brookfield Infrastructure Partners L.P. and its affiliates will invest Rs 25,215 crore ($3.66 billion) in telecom tower assets of the Indian conglomerate.


Reuters
July 20, 2019
Indian utilities are importing more as the government has failed to open the industry to competition because bureaucratic indecision and resistance from unions has stalled the passage of a liberalization policy approved by the country's cabinet 16 months ago.


PTI
New Delhi, July 20, 2019
In an interim forensic audit report on role of credit rating agencies engaged by the erstwhile management, Grant Thornton has flagged a number of cases amounting to potential favours and gifts given to senior officials of the agencies and even their family members.


Nevin John | Avirat Parekh
New Delhi, July 20, 2019
Reliance Jio posted a 54.5 per cent jump in revenue q-on-q to Rs 14,910 crore and 79.6 per cent rise in profit to Rs 3,080 crore.


PTI
July 19, 2019



BusinessToday.In
New Delhi, July 19, 2019
According to Tata Steel, Executive Director and CFO Koushik Chatterjee, the steel maker had set a target of reducing gross debt by USD 1 billion in FY20; As on March 31, 2019, the company had a net debt of Rs 1 trillion


PTI
July 19, 2019



BusinessToday.In
New Delhi, July 19, 2019
Reliance Industries Q1 results: Consolidated net revenue grew by 22.1 per cent to Rs 172,956 crore in April-June quarter of FY20, compared to Rs 141,699 crore in the corresponding quarter


BusinessToday.In
July 19, 2019
Equity markets plunged sharply with benchmark indices losing almost 1.50% each, amid heavy selling in auto and financial stocks. BSE Sensex closed 560 points down at 38,337 against the last close of 38,897.46. NSE Nifty50 ended at 11,419, declining by 177 points against the last close of 11,474.


BusinessToday.In
New Delhi, July 19, 2019
Speculation about muted growth at India's largest company has weighed on its share price since Thursday, keeping it in the red


PTI
July 19, 2019



PTI
New Delhi, July 19, 2019
The appeal hearing has been listed on 11 February 2020 with a time estimate of three days, a UK High Court official said.


BusinessToday.In
July 19, 2019
The rupee opened strong and appreciated by 23 paise to Rs 68.74 against the US dollar at the interbank forex market and gained further ground to touch Rs 68.74 per dollar, displaying gains of 23 paise over its last close. On Thursday, Indian rupee closed at 68.95 per US dollar.


BusinessToday.In
July 19, 2019
As per ED's investigators, then senior management of IL&FS comprising Ravi Parthasarathy, Arun Saha and Hari Sankaran used to engage in talks with ICRA's analyst team to get \"desired things\".


PTI
New Delhi, July 19, 2019
The tribunal allowed prosecution of C Sivasnkaran and his group as the probe has revealed that management of IFIN abused their position by giving loans to the Siva group as some group companies failed to repay the earlier loans granted to them by IFIN.


PTI
New Delhi, July 19, 2019
State Bank of India, the lead bank in the consortium, made a claim of Rs 1,644 crore, including cash credit inclusive of interest, term loans and bank guarantees issued but not invoked


PTI
New Delhi, July 18, 2019
Lok Sabha passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House


BusinessToday.In
July 18, 2019
Yes Bank share fell to a fresh 52-week low after reporting a 91 per cent decline in net profit in its financial results for the quarter ended June 30, 2019


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