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1-10 results from 460 for query «essar»

17 July, 2017 11:39 AM Gujarat High Court dismisses Essar Steel's plea against RBI; insolvency process to continue

Essar Steel will undergo insolvency proceedings as the Gujarat High Court dismissed the company's plea against the Reserve Bank of India (RBI). According to a senior lawyer, "Now, Essar Steel has the option of going to the Supreme Court. They will take a decision in a day or to as time is a critical factor in this. IT will definitely set a precedent 23

17 July, 2017 11:06 AM Gujarat HC dismisses Essar Steel plea against RBI in bankruptcy case

Ruling a boost for govt, which has tweaked banking laws to empower RBI to tackle the bad debt issue The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a Reserve Bank of India (RBI) order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said. The ruling is a boost to the government 21

17 July, 2017 9:40 AM Gujarat HC turns down Essar Steel's bad loan plea in big win for banks

What could be a big boost for the government's drive against corporate bad loans, the Gujarat High Court today dismissed a plea by Essar Steel against the Reserve Bank of India (RBI). On July 14, it had reserved its order for Monday on Essar Steel's plea against the June 13 RBI circular to banks to act under Insolvency and Bankruptcy Code against the steel 6

5 July, 2017 8:51 AM Seeing rally across emerging markets, says Varanium Capital

In an interview to CNBC-TV18, TS Anantakrishnan, CEO of Varanium Capital shared his views and outlook on fundamentals of market as well as few stocks. Broad market valuations are at the upper end. So the broad rally has been across emerging markets, not specific to India, he said. In an interview to CNBC-TV18, TS Anantakrishnan, CEO of Varanium Capital 23

5 July, 2017 7:00 AM Edelweiss ARC plans to buy Rs 1500-Rs 2000 cr bad loans in FY18, eyes steel sector

Edelweiss Asset Reconstruction Company (ARC) plans to buy Rs 1,500-2,000 crore worth of bad loans, largely in the steel sector, in this fiscal year. One of the largest ARCs in the country, sponsored by Edelweiss Group, it has already bought bad loans worth Rs 630 crore from banks in the three month period from April to June this year. “We invested 34

28 June, 2017 3:01 AM Gujarat Urja to buy 100% stake in Tata Power, Adani Power's Mundra plant for Re 1: Sources

CNBC-TV18 learns from sources that Gujarat Urja Vikas Nigam (GUVNL) is willing to buy 100 percent stake in Tata Power Company and Adani Power's Mundra power plant for one rupee. GUVNL has also evinced its interest in buying stake in Essar Power's Salaya plant. That too for a rupee. CNBC-TV18 learns from sources that Gujarat Urja Vikas Nigam (GUVNL) is willing 16

23 June, 2017 7:02 AM Sensex Falls On Profit-Taking; Financial Stocks Down

Indian shares fell on Friday, with the NSE index hitting a one-week low, as investors booked profits in financials such as State Bank of India and auto makers such as Maruti Suzuki India Ltd. Still, the indexes were headed for small weekly gains on hopes the central bank will cut interest rates after minutes from a monetary policy committee meeting earlier 35

16 June, 2017 5:29 AM Used to spend 10-11 hours reading: AIIMS topper

Nishita Purohit, the first rank holder in AIIMS’s MBBS entrance exams, took entrance coaching lessons from Kota-based Allen Institute, after completing her class 10 from Essar International School in Hazira, Surat. She secured her higher secondary education from Pragati Public Senior Secondary School in Kota. About her entrance preparations, Nishita 66

15 June, 2017 11:42 AM Dharmendra Pradhan invites BP and Reliance to invest in fuel retailing

They are partners in oil and gas exploration but have no such collaboration in fuel retailing biz A day before India shifts to a market dynamic system of daily revision of petrol and diesel prices, Oil Minister Dharmendra Pradhan today invited BP plc, Europe's third-biggest oil company, and Reliance Industries to invest in fuel retailing. "Received CEO of BP Bob Dudley 30

13 June, 2017 5:30 PM RBI identifies 12 accounts with 25 per cent of bank NPAs for insolvency

Generate Enquiries for your Business by Listing on Economictimes.com MUMBAI: The Reserve Bank of India (RBI) Tuesday sought to address potentially about a fourth of the Rs 10 lakh-crore non-performing assets (NPAs) on the books of local lenders, mandating that a dozen such accounts be taken to the bankruptcy courts. Although the RBI didn't name any defaulter 26