Anil Ambani on Tuesday said there has been a 'creative destruction' of the telecom sector that has resulted in creation of oligopoly which is going towards a duopoly and may be even a monopoly in the future.

Anil Ambani said that the first priority for RCom, which is credited for democratising telecom services through cheaper offers in early 2000s, is to resolve its over Rs 40,000 crore debt.

Lessons from the failure of some of India's biggest business names.

If NCLT allows the plea of the ICICI Bank, then this will be the second company of the crisis hit Jaypee group facing insolvency.

The key takeaway - the pickup in growth, without demand-pull inflationary pressure in the economy, supports our thesis that reforms have lifted India's potential growth, and activity ahead is likely to remain non-inflationary, writes Abhishek Gupta.

While FDI from Mauritius totalled USD 13.41 billion as against USD 13.38 billion in the previous year, inflows from Singapore rose to USD 9.27 billion from USD 6.52 billion.

In the FIR filed yesterday, the complainant alleged that Robert Vadra's Skylight Hospitality purchased 3.5 acre of land in Gurgaon's Sector 83 from Onkareshwar Properties at a price of Rs 7.50 crore, and later it sold this land to DLF for Rs 58 crore.

The figures mean India is the fastest growing economy in the world, and comes as a boost for Prime Minister Narendra Modi's government after demonetisation and GST had led to a slowdown in the economy.

For the \"face of the industry\" to change, J.C. Sharma, the Vice Chairman and Managing Director of Sobha Limited, has a list of asks from regulators and the government.

This missive comes in the light of arrest of Bhushan Steels erstwhile promoter Neeraj Singal by the Serious Fraud Investigation Office (SFIO) for allegedly siphoning off funds.

With RERA, the customer is now confident. There are some positive indications. There is demand for completed projects. Unsold inventories have started reducing, says Santosh Kumar.

With RERA having standardised the definition of carpet area, it is easy for buyers to compare developers and see what they are getting in terms of internal area, says Ashish Puravankara, Managing Director at Puravankara Projects Limited.

How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.

The RERA Act brought in transparency and accountability to real estate sector and boosted home buyers' confidence not just in Mumbai and the MMR, but across the country.

After the implementation of GST, the handloom weavers have seen a decline in their earnings, says Donthi Narasimha Reddy, an independent textile expert.

Bank credit has grown by 12.44 per cent to Rs 86.13 lakh crore, services sector saw a growth of 23 per cent against just 4.7 per cent in the previous month; the draft Personal Data Protection Bill has left the crucial issue of data localisation rather open-ended; and it was revealed in the parliament that central and state governments were unable to fill 24 lakh vacancies including in the railways, and army. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

Affordable housing is picking up pace, thanks to proactive policies and savvy investors/developers. But sustaining the momentum is a tall order.

The investment climate looks gloomy, but there are rays of hope.

RERA implementation should be taken up swiftly across all states as slow execution defeats its broad purpose of helping homebuyers.

With the tax holiday window that Wipro has so far enjoyed at its Electronic City unit coming to a close soon, the company is reportedly planning to shift to a new place in Bengaluru soon.