Debt-laden Jet Airways board Thursday approved a bank-led provisional resolution plan (BLPRP) which will pave the way for conversion of the airline's debt into equity, making lenders the largest shareholders in the company.
Yes Bank in a press release earlier this week had said the RBI has not found any divergence in the asset classification and provisioning done by the lender during 2017-18.
The US Department of Justice said former president Gordon Coburn and former chief legal officer Steven Schwartz were charged in a 12-count indictment with violating the federal Foreign Corrupt Practices Act and other offenses.
The proposal by the power ministry to its finance commission is in addition to an existing proposal that envisages installation costs for emission-cutting equipment to be passed on to consumers.
In an exclusive interview over phone from Dubai, Moopen told Moneycontrol that insurance coverage to workers increased volumes but also put pressure on margins, as insurance companies now started pushing for steep discounts on package rates.
The company almost doubled its profits from $5.6 billion in 2017, to $11.2 billion in 2018, yet it will not pay any taxes in Seattle.
The seven day offer commences from February 18 for travel between February 25 and July 31, AirAsia India said in a statement.
Under the Act, implemented by the ministry, certain class of companies are required to rotate their auditors and there is also a cooling off period to be followed by the auditors.
The IT firm said its scheme of amalgamation is pending for sanction of the NCLT (National Company Law Tribunal) and considering the backlog of cases at NCLT, there could be delays and the firm cannot anticipate the time that it may take to complete the merger process.
Watson, IBM's AI, is designed to help organizations put AI to work to improve the performance of the business.
As a contributor to Hyperledger Fabric, Samsung SDS is working to improve fabric capabilities and actively contributing its new "Accelerator" code to the open source community.
NBCC Chairman and Managing Director Anoop Kumar Mittal said the company is 'keen to acquire' Jaypee Infratech and complete over 20,000 housing units.
Gartner said IT and business leaders developing AI projects must separate reality from myths to devise their future strategies.
With Finacle Assure, RBL Bank gains a preventive maintenance service to manage its enterprise-wide IT infrastructure and applications.
‘Closing the Skills Gap,’ a Partnership Between the World Economic Forum and TCS, aims to train a total 17.2 million professionals.
Reliance Jio was the fastest 4G operator in 2018 with the highest average download speed for the last 13 months.
According to the latest data, wheat sown area reached 298.47 lakh hectare so far in the rabi season 2018-19 as against 299.84 lakh hectare a year ago.
While the provision was aimed at incentivising FPIs to maintain a portfolio of assets, market feedback indicates that foreign portfolio investors (FPIs) have been constrained by this stipulation, the RBI said.
You don’t need to know complex algorithms. Just know where you can find what service and you are good to go.
Investors are looking beyond numbers to understand how a company functions, feel senior executives of the firm.
India is restricted to buying 1.25 million tonnes per month, some 300,000 bpd. January imports from Iran were 10.4 percent lower than December, the tanker arrival data showed.
The acquisition allows Hyderabad-headquartered Bharat Biotech to become world's largest manufacturer of rabies vaccines.
Analysts have also made deep cuts to forecasts for the rest of the year.
Merchandise exports growth grew 3.74 percent on year at $26.36 billion, mainly due to growth in gems and jewellery, drugs and pharmaceuticals as well as organic and inorganic chemicals.
But question marks remains on who the promoter will be, post the allotment of shares