The concept of 'lifting of corporate veil' has to be given 'exhaustive' interpretation, senior advocate Gopal Subramaniam, representing the Committee of Creditors (COC), told the bench. Read more »
Embassy Office Parks now earns annual lease rentals of over Rs 2,000 crore from tenants including Google, JP Morgan, Microsoft, Cisco, IBM, Wells Fargo and Mercedes Benz. Read more »
AHH will buy stakes from existing private equity investors and promoters including founder Mahesh Reddy, said two people aware of the development. Read more »
As part of Rs 1,000-crore agreement, Prestige will pay 50% upfront to Nirmal, while the balance amount will be invested in the project that has been a non-starter for the last couple... Read more »
Rupee has dropped 13.04% against the dollar since the beginning of 2018, 6.20% over the past three months. Read more »
The infrastructure company said that Canara Bank’s allegations are “illegal” and “unjustifiable” . Read more »
The Aadhaar custodian had directed that at least 10 per cent of their total monthly verification transaction should be done using face authentication. Read more »
The panel, headed by former Chief Justice of Meghalaya High Court, Tarun Agrawal, heard the over one-hour-long submission by senior counsel P S Raman for the plant at its sitting. Read more »
The RBI cut short the tenure of Yes Bank's CEO Rana Kapoor and permitted him to continue only until January 2019. Read more »
Budget carrier SpiceJet outperformed rivals IndiGo and GoAir in punctuality in operations as its on time performance from four key airports stood at 87.4 per cent against 87.2 per cent apiece. Read more »