Jhulasan is cleaved between owners of small and big farms, and access to water sets them apart.
Delayed loans and late subsidy disbursal make business difficult for small and medium manufacturers in Gujarat.
Statutory auditors of IL&FS acted in a “negligent and fraudulent manner,” alleged Ministry of Corporate Affairs.
No provision in the Banking Regulation Act makes any reference to the level of promoter shareholding allowed in a bank.
The insolvent Infrastructure Leasing & Financial Services Ltd. has put its road assets on sale as part of a debt-resolution plan.
Bombay High Court denies interim relief to Kotak Mahindra Bank regarding RBI’s direction to dilute its promoter shareholding.
More than 35 letters and emails on reduction of promoter stake were shared between RBI and Kotak Bank between 2008 and 2018.
Serious Fraud Investigation Office has accused the former management of IL&FS group of using employee trusts to gain Rs 440 crore.
India’s serious fraud investigator accused former senior officials of IL&FS of financial irregularities that led to its ruin.
Investcorp’s foray into India will begin after it concludes acquisition of IDFC’s realty and private equity arms by early 2019.
The NCLT temporarily restrains nine former senior executives of IL&FS from selling or pledging personal assets and securities.
The one percent surcharge levy would bring total taxes to 19 percent of the cost of an apartment.
IL&FS Group looks to sell wind and solar power assets as part of an ongoing resolution plan.
The IL&FS board will soon launch sale of many other assets as part of its ongoing resolution process.
Reliance MF’s FFO-3 for CPSE ETF opens between Nov. 28-30 for retail investors.
Three models —Jawa, Jawa 42 and Jawa Perak, have been unveiled.
The board invited bids for the IL&FS units after a deal with IndusInd Bank fell through.
Maharashtra government passed an ordinance on Oct. 25 allowing farmers to sell agriculture commodities & livestock outside APMCs.
Maharashtra passed an ordinance allowing private sector players to set up market places for farmers outside APMCs.
Housing Development Finance Corporation Ltd.’s profit for the quarter ended September met estimates.
IL&FS’ new board, headed by Uday Kotak, presented its turnaround plan to the NCLT today.