Search Results for: regulator

Going bust: Steeling up for insolvency, and the intriguing case of Electrosteel

When management promises turn out to be sheer mirage, there arise glaring examples of the high quantum of mismanagement which banks and taxpayers face.

Jul 27, 2017

Luxury train Tejas Express running without safety clearance

The Tejas Express is running without the mandatory safety clearance from the Commissioner of Railway Safety (CRS).

Jul 27, 2017

SC asks Sahara's Subrata Roy to deposit Rs 1,500 cr to stall auction of Aamby Valley

The Sahara chief, who is out on parole since May 6 last year, was arrested for Sahara group's failure to return investor money.

Jul 25, 2017

Your CEO may be earning 1,200 times more than you!

A study has said that the median employee remuneration of many private Indian firms fell or remained the same during fiscal 2017 while the top executives took home salary packages that are 1,200 times more than the median employee.

Jul 24, 2017

Unfair in retrospect: Builders take govt to court, say RERA is illegal

Allege law is retrospective as it brings "ongoing" projects under regulation and penalties.

Jul 23, 2017

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Modi govt mulls digital identification number for air passengers: Report

The digital identification number could be issued at the time of purchasing the air ticket to enable seamless air travel, civil aviation minister Ashok Gajapathy Raju told Parliament.

Jul 20, 2017

Home loan, fixed deposit interest rates might sink further

Banks crank up interest rate engines, reassess credit scenario ahead of possible RBI cut

Jul 20, 2017

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Domestic air traffic rises 20% in June

Indian carriers flew 95.68 lakh passengers in June this year as against 79.75 lakh passengers last year.

Jul 19, 2017

China's Communist Party warns members to give up religion or face punishment

The Communist Party of China has issued a warning to all its members to give up religion and "be firm Marxist atheists" or face punishment.

Jul 19, 2017

HDFC Life gears up for IPO after scrapping merger with Max: Report

The initial public offering (IPO) of up to Rs 10,000 crore could reportedly value the company at about Rs 50,000 crore.

Jul 18, 2017

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SBI Life seeks capital markets regulator's nod for IPO: Report

State Bank of India (SBI) holds 70 percent stake in the company, while 26 percent stake is held by BNP Paribas Cardif.

Jul 17, 2017

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Essar Steel's petition had challenged the RBI directive to banks for initiating insolvency proceedings against it

Jul 17, 2017

Bitcoin market capitalisation on July 16, 2017

The flip side: Bitcoin, Ether prices wilt, and new questions emerge

Market uncertainty and fundraises by companies using crypto-currency spark selling pressures

Jul 16, 2017

French regulator ANSM finds lapses at Biocon plant, stock falls 9%

Until the drug product facility gets clearance on a follow-up review, Biocon will not get marketing approval for its biosimilars.

Jul 10, 2017

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Major technical glitch at National Stock Exchange resolved; cash, F&O trade affected

The NSE admitted that a technical glitch occurred and said that it was attempting to resolve the issue.