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Rajeev Dubey
August 11, 2018
'No' says Jet Airways emphatically. But with mounting losses, negative net worth of Rs 7,100 crore and liabilities well in excess of assets, it may be very, very close.


Aprajita Sharma
August 10, 2018
The airline on Thursday informed stock exchanges that the audit committee has refused to approve company's June quarter results.


Joe C Mathew
August 10, 2018
CAG questions their decision to allocate CSR funds for construction of the world's tallest statue.


SPS Pannu
August 8, 2018
The 2009 deal was for eight P-8I (Poseidon Eight India) aircraft. The first aircraft came to India in May 2013 and all the eight aircraft have been fully integrated into Indian Navy's operations.


Joe C Mathew
New Delhi, August 7, 2018
According to CAG, the cost overrun was to the tune of Rs 2,928 crore, while the time overrun was about four to five years in various packages of six New AIIMS.


Joe C Mathew
August 7, 2018
Of CSR expenditure of 77 CPSEs under 24 Ministries that were reviewed for compliance with the provisions of the Companies Act, 2013, CSR Rules and Department of Public Enterprises Office Memorandums, very few concentrated on Punjab and north-eastern states like Mizoram, Manipur, Nagaland and Sikkim, CAG points out.


BusinessToday.In
New Delhi, July 26, 2018
The maximum permissible speed to cover the distance between Fatehpur and Allahabad is 130 km/h and a minimum of 53 minutes.


BusinessToday.In
July 21, 2018
In its report for year ending March 2017, the CAG has found that the flexi-fare system in premium trains led to increase in passenger earnings but the number of travellers during September 9, 2016 to July 31, 2017 came down by over six lakhs when compared to the corresponding period in 2015-2016.


Reuters
July 14, 2018
SEBI has proposed giving the board of directors of the company the authority to take appropriate action after conducting an investigation against the individual or firm that violates any regulations or submits a false certificate or report.


PTI
New Delhi, July 7, 2018
The audited results for the March quarter and FY 18 are in line with the unaudited numbers released on June 27. In its unaudited financial numbers, Fortis had reported widening of consolidated net loss to Rs 914.32 crore in Q4 FY18.


BusinessToday.In
July 3, 2018
The fall can be attributed to a delay in the announcement of consolidated Q4 and annual earnings of the company.  


BusinessToday.In
New Delhi, June 20, 2018
The probe report, along with dozens of pages of annexed bank records and internal e-mails, was presented by PNB officials to the bank's fraud risk management arm on April 5.


BusinessToday.In
New Delhi, June 18, 2018
\"These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19,\" the BBB said in a statement.


BusinessToday.In
New Delhi, June 14, 2018
Private lender ICICI Bank has dragged infrastructure major Punj Lloyd to National Company Law Tribunal (NCLT) seeking insolvency proceedings against the company under Insolvency and Bankruptcy Code (IBC).


Maulik Sanghavi
New Delhi, June 8, 2018
A cash crunch need not mean that insolvency is around the corner. CFOs and CEOs must simply apply quick litmus tests and avoid knee jerk reactions to keep a company in the pink of financial health


BusinessToday.In
New Delhi, June 5, 2018
Indian Railways is now stressing on quality over quantity, which means some of the popular items might be taken off the plate.


PTI
June 3, 2018



BusinessToday.In
New Delhi, June 1, 2018
This development comes less than a week after Blue Orca Capital LLC accused Tainwala of lying about his educational credentials and attacked accounting practices that involved entities owned by his family.


BusinessToday.In
New Delhi, June 1, 2018
ICICI Bank slammed reports claiming that the bank's board has asked its chief executive Chanda Kochhar to go on an indefinite leave until the independent probe against her is complete.


PTI
May 31, 2018



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