Insolvency Process Underway
View More Banks Look For Deeper Forensic Audit Of Jet Airways
Jet Airways is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT).
In the budget for 2019-20, the government announced that there would be no charges levied on merchants processing digital payments as well as on consumers opting to pay digitally.
View More Digital Payment Firms Ask For Compensation From Govt For Losses Due To Zero Merchant Fee
In his letter dated July 8, Gangwal has alleged that these controlling rights give the IGE Group significant influence over decisions at IndiGo.
View More Regulatory Pressure Increases On IndiGo, Asked To Show Details Of Disputes
Azim Premji, founder of Wipro, had resigned from his post of executive chairman and Managing Director.
View More Azim Premji Announces 4 Technologies That The Company Will Focus On
Suzlon has attempted to resolve its debt issued for almost seven years, with limited results.
View More Suzlon Stands As Defaulter On $172 Mn Bonds, Talks To Investors For Stake Sale
Banks are joining foreign funds including SC Lowy in predicting risks from the Essar Steel sale to India’s attempts to clean up one of the world’s worst pile of soured debt.
View More ‘Severe Plunge’ Issue Warned By Banks In Recoveries After Bankruptcy Ruling
The airline had a debt of more than Rs 54,000 crore last year when the government tried to sell a 76% stake in the airline.
View More Indian Oil Corp’s Threat To Stop Fuel Supply To Air India Resolved
The Coca-Cola India system provides direct employment to 25,000 people and indirect employment to more than 150,000 people.
View More Coca- Cola India & South West Asia Announces Changes In Its Leadership Team
HUL is also hoping to score on the green front with an environmentally friendly product.
View More HUL Launches Laundry Brand After Three Decades
The budget raised the tax surcharge on incomes between Rs 2 crore and up to Rs 5 crore to 25% from 15%, resulting in a maximum marginal tax rate of 39%, up from 35.88%.
View More Higher Tax Rate Leaves Csuite In Worry