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
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
Abhyudaya Co-operative Bank accepted fresh deposits from other non-scheduled urban co-operative banks despite not meeting the criteria for doing so.
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.
The advocate is representing Kale, Sujith Kumar, Amit Ramachandra Degvekar and Manohar Edave, arrested in connection with the killing of the veteran journalist.
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.
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.
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".
Tough times are not yet over for PSU banks. These banks are set to see higher provisioning before the end of the financial year.
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 & Pharmaceuticals today said its Chennai-based manufacturing facility has been issued a closure notice by the Tamil Nadu Pollution Control Board (TNPCB).