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  • Kalanithi Maran Vs SpiceJet: Court orders Ajay Singh, company to pay Rs 100 cr to Maran by Sep 10

    The failure to make the payment could also lead to Singh's arrest, the court said. The case will now come up for hearing again on September 11. According to Maran, SpiceJet owes him Rs 393 crore as of August 3

  • Non-compliance with rules to deal with ‘unruly’ passengers will be strictly dealt with: DGCA to airlines

    Non-compliance with rules to deal with ‘unruly’ passengers will be strictly dealt with: DGCA to airlines

    Air India’s CEO & MD Campbell Wilson said the airline staff must be clear on the standard of behaviour expected on its aircraft, and take firm and timely action against those who do not comply

  • RBI penalises two co-operative banks citing rule violations

    RBI penalises two co-operative banks citing rule violations

    Abhyudaya Co-operative Bank accepted fresh deposits from other non-scheduled urban co-operative banks despite not meeting the criteria for doing so.

  • RBl imposes monetary penalty on The Nakodar Hindu Urban Co-operative Bank

    RBl imposes monetary penalty on The Nakodar Hindu Urban Co-operative Bank

    The inspection report of the bank based on its financial position as on March 31 revealed violation of rules on non-identification of NPAs, wrong classification of assets and inadequate provisions made due to wrong classification of assets, the RBI said.

  • Gauri Lankesh murder case: Karnataka High Court seeks report on 'police torture' of 4 accused

    Gauri Lankesh murder case: Karnataka High Court seeks report on 'police torture' of 4 accused

    The advocate is representing Kale, Sujith Kumar, Amit Ramachandra Degvekar and Manohar Edave, arrested in connection with the killing of the veteran journalist.

  • Sebi to amend Debenture Trustee regulations

    Sebi to amend Debenture Trustee regulations

    Capital markets regulator Sebi is planning to initiate a public consultation process for changes to the Debenture Trustee regulations, wherein an entity will not be prohibited from acting as a trustee if the government provides guarantees for the debenture issued.

  • Cauvery water row: K'taka to release 12K cusecs per day to TN

    Cauvery water row: K'taka to release 12K cusecs per day to TN

    Asking both the states to ensure that "law and order" prevails, the Supreme Court today modified its earlier order on sharing of Cauvery water, directing Karnataka to release 12,000 cusecs instead of 15,000 cusecs per day till September 20 to Tamil Nadu.

  • Govt says no to Mallya's reappointment as Kingfisher CMD

    Govt says no to Mallya's reappointment as Kingfisher CMD

    Kingfisher, which had to be grounded in October 2012 due to severe financial crunch, had sought the Corporate Affairs Ministry's approval for Mallya's re-appointment for a period of fiver-year beginning October 16, 2013 "without remuneration".

  • RBI watchful of non-compliance by PSU banks

    RBI watchful of non-compliance by PSU banks

    Tough times are not yet over for PSU banks. These banks are set to see higher provisioning before the end of the financial year.

  • Sebi may sue Sahara for non-compliance of SC's order

    Sebi may sue Sahara for non-compliance of SC's order

    Sahara and Sebi continue to lock horns in Supreme Court. Sebi is likely to file a fresh suit against Sahara for failure to comply with the court's order.

  • Orchid Chemicals' plant gets closure notice from TNPCB

    Orchid Chemicals' plant gets closure notice from TNPCB

    Orchid Chemicals & Pharmaceuticals today said its Chennai-based manufacturing facility has been issued a closure notice by the Tamil Nadu Pollution Control Board (TNPCB).

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