MUMBAI: The National Company Law Appellate Tribunal has asked the government and IL&FS to provide a list of group companies that have the ability to meet payment obligations in the next 12 months.
Category: The Economic Times
Economictimes
Subsidy provisions may reignite interest in ONGC, OIL
ET Intelligence Group: ONGCNSE 0.14 % and Oil IndiaNSE 0.29 % might move beyond their sluggish trading ranges after a year because of the significant increase in oil subsidy provisions
Victory for India: UK clears Vijay Mallya’s extradition
In a big development in Vijay Mallya extradition case,UK Home Secretary Sajid Javid today has signed the order to extradite Mallya to India. Mallya now has a 14-day window to appeal to a higher court. According to multiple sources, the entire procedure to bring back
SpiceJet to start Hyderabad-Jeddah flight from March 25
SpiceJetNSE 0.00 % Monday said it will start a daily non-stop flight between Hyderabad and Jeddah from March 25.
Government asks Air India to submit its opinion on upper cap in airport slots, after other airlines do so
NEW DELHI: The Civil Aviation Ministry has asked Air India to submit its opinion on a proposal that an upper cap may be set for the percentage of landing or takeoff slots an individual airline can hold in congested airports, according to officials of the national carrier.
Government asks HPCL to acknowledge ONGC as promoter
NEW DELHI: The government has directed Hindustan PetroleumNSE -0.35 % to acknowledge ONGC as a promoter in regulatory filings in a move aimed at ending the year-long slugfest between the two companies that has obstructed synergy gains from the Rs 37,000
CERC pushes for 100% power sale in spot market
NEW DELHI: India proposes to move to the global practice of selling entire power generation through spot market to lower tariffs, promote efficient plants and withstand periodical aberrations that benefit a few plants. It is also expected to ensure that power plants
363 infrastructure projects show cost overrun of over Rs 3.42 lakh crore
As many as 363 infrastructureNSE -1.66 % projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.42 lakh crore owing to delays and other reasons, a report said.
Supreme Court stays pollution penalties on NTPC
NEW DELHI: The Supreme Court has stayed the National Green Tribunal’s hefty fines on power producer NTPCNSE -0.71 % for not fully utilising ash generated from its thermal projects and asked the tribunal to hear the company’s
Oil PSU capex drops to 4-yr low for 2019-20
NEW DELHI: 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
Cairn India’s investment in Anglo American met all governance standards: Vedanta
MUMBAI: Natural resources major Vedanta has clarified on Monday that Cairn’s investment in Anglo American met all governance standards and was made on an arm’s length basis and had been valued by an independent valuer and approved by boards of both Cairn
Sanjay Singal makes one last bid for Bhushan Power
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