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Sumant Banerji
New Delhi, September 7, 2018
PM Modi did not announce the highly anticipated FAME 2 scheme that is expected to lay down fiscal incentives for electric cars, two wheelers and charging stations.


BusinessToday.In
September 7, 2018
The guidelines set by the Department mandate that companies worth Rs 2,000 crore, and cash and bank balance more than Rs 1,000 crore have to mandatorily buy back shares.


Joe C Mathew
New Delhi, September 7, 2018
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power sector fall short of addressing the problem in an effective manner.


BusinessToday.In
New Delhi, September 7, 2018
The two-day summit will see over participation from over 2000 industry giants like Mahindra and Mahindra, Hero MotoCorp, Maruti Suzuki, and several other stakeholders from research, academia and civic society.


BusinessToday.In
New Delhi, September 7, 2018
Uber in talks with Indian regulators to understand modalities of aerial taxisRide-hailing app Uber, which is considering India among five global locations for its futuristic aerial taxi service, said it is in talks with regulators in the country to gauge the modalities and constraints of offering such a service. Last week, the Softbank-backed Uber had said it is considering India along with countries like Japan and France to be a part of Uber Elevate -- its aerial taxi service tha...


PTI
September 6, 2018
Failing to find resolutions for stressed power sector companies, lenders have decided to refer 11 companies, including Prayagraj Power Generation, GMR Chhattisgarh Energy and Jaiprakash Power Venture, to the National Company Law Tribunal.


E Kumar Sharma
September 6, 2018
The governor E S L Narasimhan, according to a note issued by the government, while accepting the recommendation, has asked Rao and his council of ministers to continue as caretaker of the government.


Anilesh S Mahajan
New Delhi, September 5, 2018
Thirty-four stressed power sector accounts that defaulted on Rs1.5 lakh crore worth of dues are now before the National Company Law Tribunal - yet again.


BusinessToday.In
September 4, 2018
Earlier this year, the Coal Ministry had ruled out any possibility of dry coal shortage in the upcoming monsoon season and said that it had sufficient stocks to meet the demand of power plants.


Rajeev Dubey
New Delhi, September 3, 2018
Over Rs 10 lakh crore from fuel taxes have been deployed in social schemes.  Cutting taxes mean cutting down on such schemes which will be political hot potato in the run-up to general elections.


BusinessToday.In
September 3, 2018
Last year in November, the Supreme Court had observed that comprehensive plan was needed to deal with the problem of severe air pollution in Delhi-NCR and asked the Environment Pollution Control Authority to look at long-term measures.


Sonal Khetarpal
New Delhi, September 3, 2018
The pay gap between female and male employees not only exists but also increases as they advance in their careers. What can be done to reverse the trend?


E Kumar Sharma
New Delhi, August 31, 2018
Being billed as the largest bond issued from a local authority, Amaravati Bond 2018, is meant to fund the building of the new state capital for Andhra Pradesh. The bond was listed on the Bombay Stock Exchange (BSE) on Monday.


BusinessToday.In
August 31, 2018
After Vodafone-Idea merger, Bharti Airtel is now no longer the country's largest mobile phone company in terms of subscribers and revenue share.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


BusinessToday.In
New Delhi, August 30, 2018
The RBI said its balance sheet size increased by 9.49 per cent for the year ended June 30, 2018, which helped shape the monetary and financial conditions during the year.


BusinessToday.In
August 30, 2018
The deal, largest in the power sector, marks the entry of the Gautam Adani group, which thus far has only been into power generation and transmission, into the distribution space. For Reliance Infra, the sale is a big boost to pare its debt which stood at over Rs 22,000 crore.


PTI
August 29, 2018
Reliance Infrastructure (RInfra) today said it has completed the Rs 18,800-crore deal for sale of its Mumbai energy business to Adani Transmission, which will help it pare debt by two-thirds to Rs 7,500 crore.


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


Mail Today Bureau
August 27, 2018
The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days.  The circular came into effect on March 1 and the 180-day deadline concludes on August 27.


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