Govt set to amend bankruptcy law to protect new owners of insolvent companiesThe government has begun the process of amending the insolvency and bankruptcy code to protect new owners of bankrupt companies from any criminal accountability concerning the time when the firms were controlled by the erstwhile promoters. The cabinet is expected to approve significant changes to the insolvency law at the earliest to safeguard the companies taking over the broke businesses from prosecut...

Ujjivan Small Finance Bank IPO which opened on December 2 was subscribed 166 times on the final day of bidding. Against the issue size of 12.39 crore shares, the IPO received bids for 2,053.5 crore share.

Citizenship (Amendment) Bill: The Citizenship (Amendment) Bill seeks to grant Indian citizenship to non-Muslim communities from Pakistan, Bangladesh and Afghanistan under religious persecution

In the ECB category, the major borrowers tapping the automatic route included Muthoot Finance, HPCL-Mittal Energy, Wardha Solar (Maharashtra), L&T, Deccan Fine Chemicals and Aditya Birla Finance

India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter

Penning down his recommendations to help the ailing Indian economy out of the ongoing slowdown in the India Today magazine, he called for reforms to liberalise capital, land and labour markets, and spur investment as well as growth

Fforeign investors pulled out a net sum of Rs 1,668.8 crore from equities but invested Rs 1,424.6 crore on a net basis in the debt segment, resulting in a total net outflow of Rs 244.2 crore in December so far

RIL, ICICI Bank, Kotak Mahindra Bank and Infosys were among the gainers; HDFC Bank, HUL, HDFC, ITC and SBI suffered losses in their m-cap in the week ended on Friday

Centre yet to pay compensation cess to states since August; GST Council forms a committee to suggest measures to boost revenues

Since the introduction of GST, this is the first time that the government is doing taxpayer consultation on \"such a large scale\"

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank

\"We are adopting a direct method and also the method through which we are spending on infrastructure, whose spillover can go to core industries labour and so on,\" says the FM

Centre is yet to pay states' GST share due for the past four months; Kerala had last week threatened to drag the Centre to the Supreme Court over delay in compensation to states

The present installed capacity of renewable energy in Gujarat is 8,885 MW and the state government aims to ramp it up to 30,000 MW by 2022

Speaking at India Today's Conclave East, Sanjiv Goenka said that under-utilisation of capacity due to slow demand is holding back investments, not fear

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RBL Bank's QIP saw participation from its credit card partner Bajaj Finance as well as other new investors, especially 'long run' foreign institutional investors

HUDCO share price ended 4.86% lower at Rs 36.20 today compared to the previous close of Rs 38.05 

Axis Bank said that it has initiated the succession plan for the post of Group Executive and Chief Financial Officer under guidance from the Nomination and Remuneration Committee and the Audit Committee of Board

Allcargo Logistics stock price opened with 3.03% higher today and later rose 5.05% to intraday high of Rs 98.9 on BSE