Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

The Centre, in its six-page note submitted to a bench headed by Justice D Y Chandrachud, said it is prepared to revisit its proposal of December 2017, to remove the existing management of Unitech Ltd and appoint ten nominee directors of the government

In a home package policy, one can cover furniture , fixtures and prized belongings, as well as items such as cutlery, musical instruments, pet and plants against fire, burglary and accidental damages

A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs

Synergy Group Corp had earlier sought more time to complete the due diligence before submitting the final bid

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

Amazon Inc CEO Jeff Bezos visited Mahatma Gandhi's memorial in Delhi soon after he landed in India. Posting a video on Twitter, the world's richest man wrote he paid respects to \"someone who truly changed the world\"; Anil Ambani's bankrupt telecom company Reliance Communications (RCom) and its subsidiaries have finally received bids worth Rs 25,000 crore for its assets from his brother Mukesh Ambani's Reliance Jio Infocomm (RJio) and UV Asset Reconstruction Company (UVARCL); Aditya Birla Group Chairman Kumar Mangalam Birla, in a personal LinkedIn blogpost, has said that tensions between nationalism and globalisation will be the most defining trends of the current decade. \"While the march of globalisation is perhaps inevitable, what is certain is that the world is no longer flat,\" stated the billionaire businessman. This and more news on News Blast.Also read: No Indian company in US top 100 patent list; China the rising star

'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

YES Bank share price was the top loser on both Sensex and Nifty today.

The telecom arm of Reliance Industries has placed the highest bidder of around Rs 3,600 crore for mobile tower and optical fibre assets of Reliance Infratel. Reliance Jio did not bid for RCom spectrum

Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses

Varde Partners, Bharti Airtel and Reliance Industries, UV Asset Reconstruction Company (UVARCL) are among the main contenders for RCom assets

The Essar verdict not only gives the single largest realisation from any asset to financial creditors, qualitatively also this is the biggest for the financial sector in getting their due rights and primacy in the scheme of things

LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.

Currently, the secondary loan market in India is largely restricted to sale to asset reconstruction companies and ad hoc sale to other lenders including banks, but there is no formalised mechanism to deepen the market.

As per the report, the banks' gross NPAs are expected to decline by 350 basis points (bps) to around 8% by March 2020, compared with the peak of 11.5% in March 2018 and 9.3% in March 2019

Reliance Capital Q1 results: The Anil Ambani-led Reliance Capital's consolidated net profit jumped four-fold at Rs 1,218 crore in the April-June quarter of FY20 (2019-20) as against Rs 295 crore profit in the corresponding period a year earlier.

The narrative looks at the man and his strategies which helped create one of the most valued banks globally. The excerpts below are published with the permission of Jaico Publishing House