BUSINESS
Essar Steel auction: After ArcelorMittal, Numetal moves Supreme Court against NCLAT order
Supreme Court to hear Numetal's petition next week
BUSINESS
SpiceXpress, SpiceJet's cargo airline, is full of promise; but there is turbulence ahead
The new service is based on strong financial rationale, but there are challenges galore
BUSINESS
ArcelorMittal submits revised bid of Rs 42,000 crore for Essar Steel; moves SC against NCLAT order
Sources said the Rs 42,000-crore offer doesn't include the Rs 7,000 crore ArcelorMittal has to pay to clear dues of Uttam Galva Steels and KSS Petron.
BUSINESS
Essar Steel auction: Second round bids to be opened on September 10th
The three earlier bids that were presented it the second round of bidding will be opened in the 10 am meeting
BUSINESS
thyssenkrupp foundation reiterates support for JV with Tata Steel
The leadership vacuum at the German company has cast a doubt on the JV's future
BUSINESS
Majority of 34 stressed power projects head to NCLT after failed resolution push
Bankers have been able to approve only about four or five stressed power assets out of 34 earmarked for resolution.
COMPANIES
Editor's Take: Decoding the Singh brothers' split and the Fortis saga
Watch Prince Thomas decode the animosity between the warring factions and sums up the happenings at the Fortis Group.
BUSINESS
Ligare Voyages: How the Singh brothers' aviation dreams were a non-starter
The loss-making company, which had even launched a regional airline, is now close to 'winding down'
BUSINESS
Srinivasan Venkatakrishnan: The unusual chartered accountant
Vedanta's new chief executive worked for 18 years in Africa, an experience that will be invaluable for Anil Agarwal
BUSINESS
Jet Airways losing ground among international fliers
Jet Airways' share in the international passenger traffic from India dropped to 13.9 percent in the first three months of 2018, compared to 14.5 percent in the same period in 2017
BUSINESS
JSW Energy hikes offer for Prayagraj Power, beats Resurgent
Apart from increasing the upfront cash, JSW Energy is offering lenders of the stressed power company higher equity stake, more than the 15 percent offered by Resurgent.
BUSINESS
Blackstone bolsters its India retail portfolio with the launch of its 9th mall
Its retail unit Nexus Malls has retail presence of 6 million square feet spread across nine malls
BUSINESS
Preparing for launch of international operations, says Vistara CEO Leslie Thng
The airline, which will soon get its 22nd aircraft, plans to launch the international flights before the year end
BUSINESS
L&T sees a Rs 20,000-crore opportunity in water solutions
The company's Water & Effluent Treatment vertical has already bagged orders worth over Rs 12,000 crore. It is eyeing contracts in waste water treatment, drip irrigation and other solutions
BUSINESS
Bhushan Power & Steel lenders to submit bids to NCLAT on September 6
JSW Steel has emerged as the highest bidder. Tata Steel and Liberty House are the other bidders
BUSINESS
Kerala floods: 'Houses can still be repaired, but how do you mend lives?'
"Someone said this was the wrath of gods. Many were helping out but many more were suffering": A first-person account from Moneycontrol's corporate bureau chief
BUSINESS
How Harsh Mariwala rebooted Ascent Foundation, a platform for entrepreneurs to exchange ideas
Harsh Mariwala knows a thing or two about building brands and sustaining them.
BUSINESS
Pressure mounts on Jet Airways to clear the air on financials after auditor trouble
In a late night announcement on Thursday, the airline said its board hadn’t considered the financial result after the audit committee’s decision
BUSINESS
Vinay Dube: Can the Jet Airways CEO pilot the airline past the turbulence?
The present assignment is probably the toughest one for the 30-year veteran, who completes one year at Jet Airways on August 9
BUSINESS
Jet Airways CEO writes to frequent fliers, allays concerns over pay cut reports
But bookings for the upcoming festival season could be impacted
BUSINESS
Bhushan Power & Steel auction: NCLAT extends deadline for bids to August 13
The bids were to be submitted today, but Tata Steel asked for an extension
BUSINESS
On a wing and a prayer: Jet Airways battered by shrinking market share, rising costs and flight delays
Faced with a dire financial situation, the airline's management has asked pilots and engineers to take a salary cut of 15%
BUSINESS
Can Tata Steel be third time lucky in race for Bhushan Power?
Twice, the Tata Steel has come close to bagging Bhushan Power.
BUSINESS
Back to square one: NCLAT asks for fresh bids for Bhushan Power & Steel
The tribunal has set a deadline of Monday, August 6 for the submission of the fresh bids and the next hearing will be on August 17
