The acquisition of Flipkart by the world's top retailer is expected to close by the end of the calendar year. Read more »
To be sure, with the monsoons setting in, prices of long products used in construction are bound to trend lower. However, while every year the fall is about Rs1,000-1,500 per tonne, this... Read more »
Allowing the government's appeal, the tribunal set aside the NCLT Mumbai order observing that they had exposure with the PNB and are found to be beneficiaries of the fraud.
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Officials in the ministry added that DoT intends to go ahead with an appeal in the Supreme Court against a telecom tribunal ruling asking it to release bank guarantees worth Rs 2,000... Read more »
The NCLT nod comes about two months after the Cabinet had cleared infusion of Rs 700 crore as equity and Rs 51 crore as secured loan into HPIL.
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IIT KGP was placed 45th in the list that includes more than 350 universities from 42 countries across four continents. Peking University of China tops the list, the release said. Read more »
The Iranian embassy released a statement yesterday that Tehran would do its best to ensure security of oil supply to New Delhi, asserting that it had been a reliable energy partner for... Read more »