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BusinessToday.In
New Delhi, September 24, 2018
The ED had registered a money laundering case against Sterling Biotech and its promoters, the Sandesara brothers, last October, taking cognisance of a CBI FIR on charges of alleged corruption.


BusinessToday.in
New Delhi, September 24, 2018
Dewan Housing Finance stock rises up to 24.80 per centThe Dewan Housing Finance stock made a partial recovery in early trade after statements from Dewan Housing management on the default possibility. Further statements from finance minister Arun Jaitley and other govt regulators sought to pacify investor's concerns after Friday's crash of 60% in intra-day trade. The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the ...


BusinessToday.In
September 23, 2018
Along with the defaults by IL&FS, the agenda for the meeting will also include discussion on a capital infusion plan, which will be taken up by the shareholders during the company's AGM.


BusinessToday.In
September 22, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also stepped down from the board of IL&FS Financial Services.


BusinessToday.In
September 21, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also resigned from the board along with Bawa.


PTI
New Delhi, September 21, 2018
In its Global Economic Outlook, Fitch, however, flagged tightening of financial conditions, rising oil bill and weak bank balance sheets as headwinds to growth.


Nilesh Teli
New Delhi, September 20, 2018
The global movement towards digital health has many implications for the Indian healthcare sector.


BusinessToday.In
New Delhi, September 20, 2018
Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...


Reuters
New Delhi\Mumbai, September 19, 2018
In July, a government panel recommended that all \"critical personal data\" should be processed in India, and presented a draft bill that could affect how global firms store customer data.


PTI
New Delhi, September 19, 2018
The new units feature an evolution series engine and an electronic fuel-injection system for improved fuel efficiency


PB Jayakumar
New Delhi, September 19, 2018
India's apex drugs regulator, the Central Drugs Standard Control Organization (CDSCO) is all set for a makeover with a new name and logo.


PTI
New Delhi, September 19, 2018
The debts incurred by IL&FS in the form of bank loans accounted for around 0.5-0.7 per cent of overall banking system loans as on March 31, 2018.


BusinessToday.In
September 17, 2018
The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.


Jitender Bhargava
New Delhi, September 17, 2018
India has just begun to exploit the benefits that modern airports offer.


Ameya Joshi
New Delhi, September 17, 2018
The ambitious UDAN Scheme has got off to a slow start as airlines navigate the challenging operating conditions after the initial enthusiasm.


Prosenjit Datta
New Delhi, September 17, 2018
Over the next few years, a number of entrepreneurs, who had shot to prominence over the past decade and a half, will either have lost their entire businesses or will see their empires shrink dramatically in size, after losing many of their companies.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


BusinessToday.In
September 15, 2018
Finance Minister Arun Jaitley said that external factors like policies adopted by the United States, trade tensions and skyrocketing crude oil prices are impacting economies like India, despite \"strong fundamentals\".


Prosenjit Datta
New Delhi, September 14, 2018
Mallya kept borrowing more and more to keep KFA flying - putting up his shares and other assets as collateral to keep getting loans from banks.


PB Jayakumar
September 14, 2018
Mazagon Dock Shipbuilders, India's only shipyard to build both destroyer warships and conventional submarines for the Navy, is fully geared to meet the competition from the private sector, claim officials.


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