Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 

The Kolkata-based firm has restructured its international operations by merging its businesses in Canada, America and Australia (CAA) and the UK, Europe, Middle East and Africa (EMEA) regions into a single unit.

India's gas monopoly GAIL, is set to restructure operations and become a pure infrastructure provider.

A team of three IIM-C students, Alan Shaji Idicula, Urjaswit Lal and Tushar Kumar, came up with the unique idea of installing wall-length billboards on the walls of the metro stations designed to look like a series of supermarket shelves and tying up with e-commerce majors like Flipkart or Amazon to start the virtual store.

The National Company Law Tribunal (NCLT) gave its approval to the consortium of JSW Steel and AION Investments Private II Limited to acquire cash-strapped Monnet Ispat and Energy Limited on Thursday.

The true extent of the NPA problem only started becoming clear once then RBI governor Raghuram Rajan initiated the Asset Quality Review (AQR) in 2015

Back in February, when the Reserve Bank of India introduced its revised framework for resolution of stressed assets, the banking sector and beleaguered companies alike were left shaking.

The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage

\"The biggest teacher is your experience, what you gain when you get out of your comfort zone and teach yourself how to survive\"

A year ago, some researchers had estimated that India would need about 80 benches over five years. Currently, there are total 10 benches that hear company law matters and bankruptcy cases.

The big question is whether such non-declaration violates the provisions of Section 184 of the Companies Act, 2013. The latter stipulates that every director of a company (both public and private) shall disclose their interest in third parties. That is what the probe agencies want to look into.

The enquiry was ordered after whistle-blower Arvind Gupta had accused Chanda Kochhar of extending loans to the Videocon Group both in India and abroad through companies established in tax heavens like the Cayman Islands and Mauritius.

The introduction of the GST has been the source of confusion over taxes in many different sectors, but salaried employees have largely remained unaffected. However, a tax authority's judgment in Kerala has triggered a speculation on how employer-to-employee services at workplace need to be taxed.

The new GST regime may prompt India Inc to restructure salary packages and HR benefits extended to their employees in the days ahead.

The central bank had raised some questions over the ownership of Mauritius-based entity, First Land Holding, which had invested Rs 325 crore in NuPower Renewables, the company owned by Chanda Kochhar's husband Deepak Kochhar.

The investors are worried about value erosion in the bank as uncertainties cloud its operations and potential liabilities make future earnings unpredictable.

Rajiv Kochhar reportedly taken to CBI's Bandra office where he was grilled for six hours in connection with ICICI Bank's alleged quid pro quo loan of Rs 3,250 crore to Videocon Group in 2012 as well as his links with Venugopal Dhoot, the promoter of the Videocon Group.

Rajiv Kochhar is the founder of Avista Advisory which is alleged to have got the mandate to restructure foreign currency denominated debt deals worth over $1.7 billion of seven companies including the Videocon Group over the last six years.

The CBI (Central Bureau of Investigation) and the Income Tax Department are probing the Rs 3,250-crore loan to Videocon Group in 2012. Now the Serious Fraud Investigation Office (SFIO) has also sought permission from the ministry of corporate affairs to probe the case.

Eight employee unions of Air India have written to Prime Minister Narendra Modi raising serious concerns about the disinvestment of the national carrier and have sought an alternative revival plan.