Corporates

Recently, London-based AdiGroup partnered with Jet Airways Employee Consortium partnered to bid for 75 per cent stake of Jet under the insolvency resolution process

Reliance Home Finance has already monetised over Rs 5,000 crore of retail assets, and will continue to do so to meet its debt servicing obligations.

Companies that work with ONGC will be free to market and sell their share of oil and gas output as they like for up to 20 years, ONGC said.

Government failed last year in its attempt to sell a 76 per centstake in loss-making Air India due to a lack of interest from bidders, but said it would return with an alternative proposal soon.

The aviation sector is facing turmoil with one of its biggest private carriers, Jet Airways, facing bankruptcy, while passenger growth in the market overall has slowed.

Daimler AG-backed Bolt, formerly known as Taxify, just re-entered the UK market two years after its operating license was revoked

The company in regulatory filing said it will be "challenging" for the management to prepare the financial statements owing to the proposed divestment and restructuring of its group companies, among other reasons.

Steps should be taken to support the private sector so that it can play a bigger role in capital formation and job creation, Mr Munjal told NDTV.

Two major credit ratings agencies - ICRA, an affiliate of Moody's, and Standard & Poor's local unit Crisil - earlier this month categorised DHFL's commercial paper at default levels for missing bond payments.

India from February 1 imposed new e-commerce FDI rules to help hundreds of thousands of small traders, but small businesses say there are still issues.

Economies, including Vietnam and Malaysia, have benefited from businesses trying to sidestep tariffs, while India has largely missed out on any investment gains.

According to the report, Binny Bansal's holding has reduced by 0.33 per cent to 3.52 per cent from 3.85 per cent after the current sale proceedings

"Investment by India's largest IT company in Bihar should promote IT investments in the state," Ravi Shankar Prasad said.

Addressing shareholders, Nandan Nilekani said as part of its capital allocation policy, the company returned Rs 13,000 crore to investors in FY19.

Walmart agreed to pay more than $144 million to settle the SEC's charges and approximately $138 million to resolve parallel criminal charges by the Department of Justice, for a combined total of more than $282 million, the US agency said.