The SFIO probe suggests that due to promoters siphoning off funds, the company's financial health deteriorated and the company went into insolvency with outstanding liabilities of Rs 56,000 crore

Overall inflation in the food basket, measured on the basis of consumer food price index (CFPI), rose to 2.99 per cent in August 2019, in comparison to 2.36 per cent during the previous month

\"The government should boost public spending for the revival of the economy. A good monsoon will revive economic activities in the rural market, while the bank recapitalisation will enhance liquidity,\" said Seshagiri Rao, Joint Managing Director & Group CFO, JSW Steel

JSW Steel has invested Rs 17,000 crore in the last two financial years for expanding its steel production capacity organically

The NCLT also clarified that the criminal cases against the founders of BPSL for siphoning off funds from the company would not affect JSW Steel as its new promoter

Penar Industries share has lost 39.07% during the last one year and fallen 22.66% since the beginning of this year.

The top Tata Steel official said in order to insulate the steel industry from its cyclical nature, the company is focusing on strengthening the branded consumer business and downstream product portfolio

After meeting with FM Nirmala Sitharaman, industry leaders said that the government has assured them to take action soon to boost economic growth

Escort India's revenue from operations slipped 5.8 per cent to Rs 1,440.5 crore during the first quarter of the financial year 2019-20, in comparison to Rs 1,529.01 crore during the corresponding quarter during the last fiscal

Trump went to the extent of specifically mentioning Reserve Bank buying dollars from the markets as a proxy of setting the exchange rates

Replying to a question in the assembly, Khachariyawas said that complaints regarding high rent charged by Ola and Uber are being received

This time around the dairy major has challenged the likes of Britannia, ITC Foods and Parle Products on the authenticity of their butter cookies

JSW Steel Q1 results: Consolidated revenue declined by 3.5 per cent to Rs 19,812 crore in Q1FY20, from Rs 20,519 crore in year-ago period

As more skeletons tumble out of Bhushan Power and Steels closet, it has put the ongoing insolvency process in danger

With several cities facing water crisis, companies such as Tata Steel and JSW are focusing on sustainability of water, a critical resource for steel majors apart from iron-ore and coal.

On Saturday, Punjab National Bank alleged that the bankrupt steel company misappropriated bank funds and manipulated its books of accounts to raise funds from its consortium of lenders. The size of the fraud is pegged at Rs 3,805 crore against Rs 2,348 crore mentioned in the CBI FIR against the company and its top brass.