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PTI
July 16, 2019



BusinessToday.In
July 15, 2019
Shares of Allahabad Bank declined nearly 15% on Monday after the lender reported a fraud of over Rs 1,775 crore by Bhushan Power and became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker.


PB Jayakumar
New Delhi, July 15, 2019
With over Rs 11,000 crore debt and an impending $172 million FCCB payout next month, Suzlon is negotiating with lenders and potential investors


Reuters
New Delhi, July 14, 2019
The company said it was \"undergoing substantial financial stress\" and its ability to raise funds was \"substantially impaired and the business has been brought to a standstill with there being minimal/virtually no disbursements.\"


Reuters
New Delhi, July 14, 2019
Allahabad Bank said in a statement that it had told the Reserve Bank of India (RBI) that it had identified a fraud worth $259 million in Bhushan's accounts.


PTI
July 12, 2019



BusinessToday.In
July 9, 2019
On Saturday, Punjab National Bank alleged that the bankrupt steel company misappropriated bank funds and manipulated its books of accounts to raise funds from its consortium of lenders. The size of the fraud is pegged at Rs 3,805 crore against Rs 2,348 crore mentioned in the CBI FIR against the company and its top brass.


PTI
July 9, 2019



PTI
July 8, 2019



R Muralidharan
July 8, 2019
In order to incentivise and give thrust to electric vehicles sector, customs duty on specified parts required for the manufacture of EVs has been brought down to nil.


Ashu Suyash
New Delhi, July 8, 2019
Getting private investments going is imperative to get sustained 8% growth. Policy measures are critical to spur the private capex cycle


PTI
July 7, 2019
Public sector lender Punjab National Bank said on July 6 it has detected a fraud of more than Rs 3,800 crore by Bhushan Power & Steel Ltd (BPSL) and has reported it to the Reserve Bank of India (RBI).


PTI
New Delhi, July 6, 2019
Narendran says the domestic steel market has seen some decline in demand and the measures announced Friday for the steel sector aimed to further boost 'Make in India' policy is a welcome development


PTI
July 5, 2019



PTI
July 5, 2019



BusinessToday.In
New Delhi, July 5, 2019
Union Budget 2019: The Centre may also announce a phased increase in basic customs duty on parts of electric passenger vehicles to promote domestic manufacturing of EVs


Rajeev Dubey
New Delhi, July 3, 2019
It would be folly to gloss over two-thirds of the reason why Indian economy is in a deep slowdown-declining consumption


BusinessToday.In
July 3, 2019
Union Budget 2019: From stepping up public spending in labour-intensive areas to giving a fillip to the MSME sector, experts have a host of suggestions for Finance Minister Nirmala Sitharaman at a time the news on the unemployment front is getting progressively worse


BusinessToday.In
July 3, 2019
Union Budget 2019 Expectations: Citing a threat from Chinese imports and excess global capacity, the steel ministry as well as stakeholders have sought an immediate increase in customs duties on certain steel imports


BusinessToday.In
New Delhi, July 3, 2019
Union Budget 2019: The corporate leaders also suggested 100 per cent foreign direct investment for the insurance sector.


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