Industry

However, claim which has been admitted from SBI and SBI Singapore is Rs 7,131.31 crore and Rs 2,951.59 crore is under verification.The Reserve Bank-appointed administrator of beleaguered Dewan Housing Finance Limited (DHFL) has admitted…
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Due to the long delay in development of the mine, show-cause notices were sent by the coal ministry in 2013 and 2019.The Centre has deallocated a coal block in Odisha allotted to a wholly-owned arm of Power Finance Corporation(PFC) for…
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In November, the central government announced a Rs 25,000-crore fund to help complete over 1,500 stalled housing projects, including even those that have been declared NPAs or admitted for insolvency proceedings.Realty firm Supertech on…
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The decline in funding in Asian startups was 56 per cent in 2019.Even as the total funding in startups globally went down by 22 per cent to $293 billion from $375 billion in 2018 along with a 27 per cent drop in deals, Indian startups…
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Gates hoped to see progress in how taxes are collected and how they are spent in the 2020s. (Image: Reuters)Bill Gates — the second richest person globally (after Amazon’s Jeff Bezos) with a net worth of $113 billion, according to…
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Mistry in a public statement on late Sunday evening said he has taken the decision in the overall interest of the Tata group, whose interests are far more important than those of any individual. (Reuters)Ahead of the Supreme Court…
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These USD 500 per year translates into around USD 1.5 per day or Rs 100 per day, in which these people have to eat, take care of health, educate their children and pay rent, among others, Murthy said.The country needs to focus on…
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Tata Trusts, of whom Ratan Tata had been a chairman for many years, holds 65.89 per cent of Tata Sons.Ratan Tata on Friday filed a petition in the Supreme Court seeking to quash a company law appellate court order directing Tata Sons to…
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Vessels that use higher-sulphur fuel oil must have special pollution control systems in place to reduce sulphur emissions.Hindustan Petroleum Corp Ltd (HPCL) on Friday said it has commenced delivery of fuel for ships that are compliant…
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Power producers give 60 days to discoms for paying bills for the supply of electricity.Power producers’ total outstanding dues owed by distribution companies increased around 45 per cent to Rs 81,085 crore in November 2019 over the same…
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