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19 June, 2018 9:24 AM Le Pen must repay 300,000 euros to European Parliament: EU court

The General Court of the EU rejected a bid by Le Pen to overturn a ruling that she had wrongly used parliamentary funds to pay an aide who was based at her party's headquarters in Paris. French far-right leader Marine Le Pen must repay nearly 300,000 euros to the European Parliament for funds paid incorrectly to an assistant, a top European Union (EU) court 19

18 June, 2018 6:34 AM Adani Wilmar could emerge as winning bidder for Ruchi Soya: Report

Patanjali had been given time to counter Adani Wilmar's bid for Ruchi Soya, but it reportedly hasn't raised its offer Adani Wilmar could emerge as the winning bidder for edible oils manufacturer Ruchi Soya, as Patanjali Ayurved has not improved on its offer, The Economic Times reports. "Patanjali did not give any reasons to lenders for not improving 36

12 June, 2018 2:24 PM Discharge of sewage into Ganga: NGT slams municipalities in Uttar Pradesh

The National Green Tribunal has slammed municipalities in Uttar Pradesh for failing to manage discharge of untreated sewage water into the Ganga river saying it appears that "environment and public health do not fall on their priority list". A bench headed by acting NGT Chairperson Justice Jawad Rahim refused to agree with the submission that 'nagar 53

6 June, 2018 4:52 PM Nod for IDFC Bank, Capital First merger

IDFC Bank on Wednesday said it had received the RBI’s approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company. Earlier in January, the company said its board of directors had approved the amalgamation of the three entities with IDFC Bank Ltd. The amalgamation is subject to the receipt of approval 36

6 June, 2018 4:20 PM Assam Chief Minister Sarbananda Sonowal dismisses rumours about National Register of Citizens

It will not be the end of the road for those left out of the final draft of the National Register of Citizens (NRC) being updated in Assam, Chief Minister Sarbananda Sonowal said on Wednesday. The final draft of the Supreme Court-monitored NRC is scheduled to be published by June 30. Of the 32.9 million applicants, the names of 19 million figured in the first 70

4 June, 2018 7:42 PM Purushothapatnam project to be ready by month-end

SE says a report will be submitted to High Court and NGT The Purushothapatnam Lift Irrigation Project (PLIP) is all set to be handed over to the State government by the contractor Megha Engineering Infrastructure Limited (MEIL) by the month-end as per schedule. Chief Minister N. Chandrababu Naidu had inaugurated the project on August 15, 2017, and it was constructed 59

4 June, 2018 4:51 PM Vedanta puts ₹5,320 crore into Electrosteel’s escrow

Billionaire Anil Agarwal-led Vedanta Limited has forayed into steel making by paying ₹5,320 crore to buy out bankrupt Electrosteel Steels under the Insolvency and Bankruptcy Code (IBC), making it the second successful resolution under the Insolvency and Bankruptcy Code. Last month, Tata Steel had bought bankrupt Bhushan Steel for ₹36,400 crore, making 32

29 May, 2018 5:37 PM NGT issues notices on plea to halt road through Corbett

Will damage the ecosystem and biodiversity: petitioner A plea seeking a stay on the construction of a link road linking Kotdwar to Ramnagar through the Corbett Tiger Reserve has led the National Green Tribunal to seek responses from the Uttarakhand government and the Centre. A Bench headed by NGT acting chairperson Jawad Rahim on Tuesday issued show-cause 35

29 May, 2018 4:24 PM RCom offers Rs.500 crore to Ericsson, NCLAT for amicable settlement

Swedish telecom gear maker Ericsson is seeking Rs. 11.55 billion ($170.22 million) from RCom and two of its units. Reliance Communications (RCom) has offered ₹500 crore for an out-of-court settlement with Swiss telecom equipment maker Ericsson while its subsidiary Reliance Infratel has reached an amicable settlement with its minority investors led by HSBC Daisy 44

28 May, 2018 8:02 PM SC to hear J&K plea on NGT order

The Supreme Court on Monday agreed to hear on May 30 a plea of the Jammu and Kashmir government seeking a stay on proceedings before the National Green Tribunal that has sought a rehabilitation plan for those engaged in carrying pilgrims to the Vaishno Devi shrine on horses and mules, which has now been barred. A Vacation Bench of Justices L. Nageswara 34