The UK government on Monday announced that the European Union (EU) has suspended Turkmenistan Airlines flights over safety concerns, affecting budget flights that operate from India.
Category: Business Standard
Business Standard
Gadkari only one in BJP with guts, should also comment on Rafale: Rahul
Congress president Rahul Gandhi on Monday complimented Union minister Nitin Gadkari for his remarks that “one who cannot take care of home, cannot manage the country”, saying he has guts and should also comment on the Rafale deal, “farmers distress and destruction of institutions”.
VVIP chopper scam: Court extends ED custody of Rajeev Saxena by 4 days
A Delhi court Monday extended by four more days the ED custody of Rajeev Saxena, an accused recently deported from Dubai in the Rs 3,600-crore AgustaWestland money laundering case.
Govt submits debt resolution plan for IL&FS; ex-SC judge to oversee process
The government on Monday submitted a debt resolution plan for crisis-hit IL&FS to the National Company Law Tribunal, proposing that retired Supreme Court judge Justice D K Jain supervise the process.
NCLAT asks govt for list of IL&FS firms categorised by financial position
The National Company Law Appellate Tribunal (NCLAT) on Monday directed the central government to submit a list of subsidiaries of the Infrastructure Leasing & Financial Services (IL&FS), categorised by their ability to meet payment obligations as decided by the newly constituted board of the company.
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.
Oil prices rise over 3% on strong US jobs data, Venezuela sanctions
Oil prices rose about 3 per cent on Friday, rising on upbeat US jobs data and signs that US sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed US drillers cut the number of oil rigs.