Bhushan Power & Steel’s promoter, Sanjay Singal, has unveiled a last-minute bid to save his company from going under the hammer by offering creditors a proposal to repay their entire dues of Rs
Day: February 4, 2019
Oil PSU capex hits 4-year low in FY20 with ONGC, IOC planning investments
State-owned oil firms’ capital expenditure has hit a four-year low with PSUs such as ONGC and IOC planning to invest Rs 93,693 crore in oil and gas exploration, refining and petrochemicals in the 2019-20 fiscal year.
ICICI Bank-Videocon loan case: Chanda Kochhar may explore legal route
She may have been indicted by the probe panel but if ICICI Bank’s deposed former managing director (MD) and chief executive officer (CEO), Chanda Kochhar, takes the legal route, she will have several grounds to challenge the findings of an enquiry headed by former Supreme Court judge B N Srikrishna.
Videocon loan case: ED books Chanda, Deepak Kochhar for money laundering
The Enforcement Directorate (ED) has registered a criminal case of money laundering against former ICICI Bank CEO Chanda Kochhar, her husband Deepak Kochhar, Videocon Group promoter Venugopal Dhoot and others to probe alleged irregularities and corrupt practices in sanctioning of Rs 1,875-crore loan by the bank to the corporate group, officials said Saturday.
P&W engine woes: IndiGo grounds an A320neo aircraft in Lucknow
IndiGo has grounded an A320 neo aircraft at Lucknow due to problem in the Pratt & Whitney engine, according to a source.
AgustaWestland case: Court extends Gautam Khaitan’s ED custody for 6 days
A Delhi court on Saturday extended by six days the ED custody of lawyer Gautam Khaitan, an accused in the AgustaWestland VVIP chopper scam, in connection with a fresh case of alleged possession of black money and money laundering.
AgustaWestland case: ED opposes middleman’s plea to meet lawyer in private
The Enforcement Directorate Saturday opposed the petition of Rajeev Saxena, a Dubai-based businessman wanted in the VVIP chopper case, seeking to meet his lawyer in private, saying it may hamper the probe.