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SC ruling brings NCLT under-staffing to the fore

Despite the issue being flagged in many quarters, a large number of vacancies in the company law tribunals remains unfilled, resulting in a slowing of the process of insolvency resolution. This was highlighted by the Supreme Court while ordering the liquidation of grounded Jet Airways. “One another serious issue pertaining to the functioning of the

To raise exports’ share in revenue to 25% from under 1% now in 3 years: RITES CMD

RITES Ltd, the engineering consultancy arm of Indian Railways, is aiming to increase the ratio of export in total revenue from under 1% now to 20-25% in the next three years and sustain it at that level, chairman and managing director Rahul Mithal told FE. “In the past 9-10 months, we’ve received orders worth Rs

India likely to take diplomatic route to deal with US sanctions on firms

India has the option to take up the matter of sanctions on 24 companies by the US with the World Trade Organisation (WTO) or International Court of Justice (ICJ) but is is more likely to engage in direct diplomacy with Washington to address its concerns, according to a report. Th country may seek exemptions for

Office demand highest in India: Anshul Jain

While residential property sales saw a decline in Q3 of 2024, office leasing is going strong in top cities of the country. Anshul Jain, chief executive, India, Southeast Asia and APAC tenant representation, Cushman & Wakefield, shares his outlook for different property segments in an interaction with Raghavendra Kamath. What is the outlook on office

Govt-JSW Steel pact on Banai-Bhalumunda coal block terminated

The ministry of coal has terminated the coal block development and production agreement on  the Banai- Bhalumunda coal block with JSW Steel due to non-payment of performance security, the termination order available on the ministry’s website showed. As a result, the Rs 100-crore bid security submitted by the Sajjan Jindal-led steelmaker stands forfeited as damages

Vedanta swings to black with Q2 profit at Rs 5,603 crore, revenue down 3.6% YoY

Vedanta Limited on Friday released its fiscal second quarter earnings report with profit at Rs 5,603 crore in comparison to a loss of Rs 915 crore posted during the corresponding quarter of FY24. It reported revenue from operations at Rs 37,171 crore, down 3.6 per cent as against Rs 38,546 crore during the second quarter

CCI probe funds Zomato, Swiggy breached antitrust laws, struck ‘exclusivity contracts’ with partners

An investigation by India’s antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show. Zomato entered into “exclusivity contracts” with partners in return for lower commissions, while Swiggy guaranteed business growth to certain players if they listed exclusively on

Aditya Birla Fashion and Retail posts widened Q2 loss of Rs 214.70 crore, revenue up 12.9% YoY

Aditya Birla Fashion and Retail Ltd (ABFRL) released its fiscal second quarter earnings with a loss of Rs 214.70 crore in comparison to a loss of Rs 200.34 crore recorded during the corresponding quarter of previous year. It posted revenue from operations at Rs 3,643.86 crore, registering a growth of 12.9 per cent as against
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Manglam Group enters hospitality sector with Rs 1,000 cr investment

Manglam Group, Rajasthan’s leading real estate developer, is making a decisive move into the Rs 82,000-crore Indian hospitality industry with a Rs 1,000-crore investment plan over the next five years. This strategic expansion leverages the group’s expertise in real estate to develop premium hospitality assets, reshaping Rajasthan’s tourism landscape with a focus on luxury and

Steady Monday: Nifty closes above 22,500 led by financial services stocks

The domestic key equity indices settled the session on a positive note. The NSE Nifty 50 rose 112 points or 0.50% to settle at 22,509, while the BSE Sensex jumped 341 points or 0.46% to finish at 74,170. Nifty Pharma was the top gainer among the sectoral indices, rising 1.56% in Monday’s trade. It was

Motilal Oswal has Buy recommendation on these 2 stocks at this hour

The domestic brokerage house Motilal Oswal has a Buy recommendation on these two stocks on March 17. Along with business fundamentals, the brokerage house has also analysed the valuations of the stock shares before deciding on the final recommendation. Here is a quick look at the two stocks in focus- Motilal Oswal on Kirloskar Oil

Infosys Share Price Today Live Updates, 17 Mar, 2025: Infosys on the radar

Go to Live UpdatesInfosys Share Price Today Live Updates, 17 Mar, 2025: The Infosys share is in news and the counter closed trade on 13 Mar, 2025 at Rs 1579.25. The shares touched intraday high of Rs 1606.6 in the last trading session while the intraday low was at Rs 1571.0. The company’s market capitalization

Buying vs Renting: Capital appreciation outpaces rental gains in major markets

The answer to the ‘rent or buy’ question keeps changing as the Indian housing market evolves. Latest ANAROCK data finds that capital values in key micro markets of the top 7 cities have grown by a significant 128% between 2021-end and 2024-end, while rental values in many micro markets have appreciated less than the overall