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PTI
November 9, 2018



BusinessToday.In
New Delhi, November 2, 2018
SEBI orders Sahara Group to refund Rs 14,000 crore to investorsIn a major setback to Subrata Roy, SEBI has found that another Sahara group firm has raised over Rs 14,000 crore in violation of legal norms and has issued a fresh order on Wednesday to the company and its directors to refund the money to investors with 15 percent annual interest. The order relates to collecting funds between 1998 and 2009 from nearly 2 crore investors through through optionally fully convertible debentures (OFCD)...


BusinessToday.In
October 30, 2018
RBI Deputy Governor Viral Acharya compared government's 'myopic' economic policies to a T20 cricket match, in contrast to the long-term planning of a central bank, which he called a Test match.


PTI
October 29, 2018



PTI
October 18, 2018



PTI
October 18, 2018



PTI
New Delhi, October 18, 2018
The goods trade deficit has widened out in the first half to 6.4 per cent of the GDP as oil prices have risen.


PTI
October 18, 2018



Aprajita Sharma
New Delhi, October 15, 2018
Default on payments has put NBFCs under scrutiny and exposed the fault lines in the commercial papers they have issued


BusinessToday.In
New Delhi, October 4, 2018
Anil Ambani claims TDSAT nod for sale of spectrum; to pay Ericsson Rs 550 crBillionaire Anil Ambani-led Reliance Communications said on Wednesday that the telecom tribunal has allowed it to complete its planned spectrum sale, the proceeds from which will be used to pay Ericsson India and Reliance Infratel (RITL) minority investors. The debt-ridden firm said in a regulatory filing to the BSE that it will receive Rs 975 crore from sale of spectrum, and that it will pay Ericsson Rs 5...


Prosenjit Datta
New Delhi, October 3, 2018
The blame game has already started with some of the independent directors who have been superseded by the government appointed directors saying that they had tried to ensure an orderly asset sell-off to manage the crisis, but nominee directors had blocked it.


BusinessToday.In
October 1, 2018
The Mumbai bench of  National Company Law Tribunal (NCLT) on Monday found favour with government's arguments to oust the current board of Infrastructure Leasing & Financial Services (IL&FS).


BusinessToday.In
October 1, 2018
The government on Monday moved the NCLT, seeking suspension of the entire board of debt-laden IL&FS and to appoint 10 new directors with Uday Kotak as non-executive chairman of IL&FS Board.


BusinessToday.In
New Delhi, October 1, 2018
The lower limit will be effective from October 31 and will impact many SBI customers since these cards constitute a sizeable chunk of the bank's card portfolio.


Mudit Kapoor
New Delhi, September 26, 2018
On Labour Day 2016, many workers in Jharkhand returned Rs 5 (that year's wage rate hike) to the Prime Minister. The next year on Labour Day workers returned Rupee 1 to the PM. This was done to protest against the meagre hike in the wage rate. In 2018-19, there has been no increment in wage rates in 10 states.


BusinessToday.in
New Delhi, September 26, 2018
Flipkart acquires Israel-based start-up Upstream CommerceFlipkart has acquired an Israel-based analytics start-up called Upstream Commerce, as it aims to support its massive seller base with services such as real-time pricing and information on product assortment, as reported by Mint. This is Flipkart's second acquisition in as many months and will enable Flipkart to have an outpost in Israel.Yes Bank board seeks extension for Rana KapoorYes Bank on Tuesday said it would ask the R...


BusinessToday.In
New Delhi, September 24, 2018
In the last two RBI rate hikes, the quantum of transmission of the deposit rates has been higher than the lending rates.


BusinessToday.In
September 23, 2018
Along with the defaults by IL&FS, the agenda for the meeting will also include discussion on a capital infusion plan, which will be taken up by the shareholders during the company's AGM.


Mudit Kapoor
New Delhi, September 18, 2018
The scheme was ranked as the world's largest public works programme by the World Bank in 2015.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


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