Search Results for: bankruptcy

Rafale deal: Why Dassault decided to partner with Anil Ambani's Reliance Defence

Dassault says they have been in talks with Anil Ambani after he took over the defence manufacturing firm from his brother Mukesh and the plan to collaborate on aerospace products was cemented during the Aero India air show in February 2015.

Sep 25, 2018

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

Revival of 45 bankrupt companies will recover more than Rs 50,000 crore: IBBI chairperson

About 1,100 companies have been admitted to the Corporate Insolvency Resolution Process (CIRP) since the implementation of the Insolvency and Bankruptcy Code (IBC) in 2016.

Sep 24, 2018

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

The sentiment swing on the market was so wild that the benchmark index lost 800 points within minutes. The 50-share index Nifty also tracked losses, slipping below 11,000-mark.

Sep 21, 2018

Congress chief Rahul Gandhi sets the tone with mega roadshow in poll-bound Madhya Pradesh

Before hopping on to a bus for the 15-km-long roadshow, Gandhi performed a 'puja'. Thousands of Congressmen thronged the roadsides and jostled to catch a glimpse of their party chief, who set out in the bus along with senior party leaders.

Sep 17, 2018

Finance Minister Arun Jaitley outlines measures to stem fall in rupee

The moves follow sharp declines in the rupee, the worst-performing Asian currency this year. Despite strong GDP growth, the rupee has weakened about 11 percent this year amid higher oil prices and an emerging markets sell-off.

Sep 15, 2018

Govt encouraging honest business dealings through GST, Bankruptcy Code: PM Modi

Prime Minister Narendra Modi said India is the fastest growing economy among major economies and is seeking to achieve a double-digit growth rate now.

Sep 14, 2018

Alerted PMO on high-profile fraud cases, but no action was taken: Former RBI Governor Rajan

The former RBI governor says a fraud monitoring cell was set up in RBI to coordinate early reporting of fraud cases to investigating agencies and a list of high profile cases was sent to PMO but there was no action.

Sep 12, 2018

NCLT to hear petition against Reliance Naval, Jindal India Thermal

As of March 2018, the total debt owned by the Reliance Naval to its lenders is worth Rs 5349.17 crores.

Sep 7, 2018

Indian Oil Corporation Petrol prices petrol price hike IOC

BJD holds protests against fuel price hike in Odisha

Petroleum Minister Dharmendra Pradhan said the BJD was suffering from mental bankruptcy as Odisha was now getting a revenue of over Rs 7,000 crore as against Rs 3,000 crore in 2014.

Sep 7, 2018

Brazil Uber driver permanently banned for kicking out blind woman

A blind woman said an Uber driver abruptly left her on the side of a Rio de Janeiro street last week.

Sep 4, 2018

Hardik Patel unveils will; donates 70% book royalties to families of Patidar men killed in 2015 reservation stir

Patidar Anamat Andolan Samiti (PAAS) spokesperson Manoj Panara claimed that Hardik Patel's health is deteriorating". The leader has not eaten any food from the past nine days.

Sep 3, 2018

Nick Jonas' father faces financial turmoil; construction company files for bankruptcy

Priyanka Chopra's future father-in-law Paul Jonas is facing a financial crisis after his company filed for bankruptcy with a debt of over $1 million.

Sep 2, 2018

Lehman Brothers invite ire for party to mark 10th anniversary of global market meltdown

Lehman Brothers, a former financial services firm, has sent an email invitation to the party and addressed it to "Lehman Brothers & Sisters." The reception, complete with cocktails and canapes, is reportedly set to be held in London on September 15. The firm has also planned a reunion in New York and Hong Kong.

Aug 21, 2018

Greek central bank chief warns over backtracking, turbulence post-bailout

Athens is set to exit its latest bailout on August 20 and rely on bond markets thereafter to refinance its debt after a nearly nine-year debt crisis that shrank its economy by a quarter and forced it to implement painful austerity.

Aug 19, 2018

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