NEW DELHI: Three group entities of debt-laden Infrastructure Leasing and Financial Services with outstanding loans of about `3,300 crore are set to begin servicing them after lenders and IL&FS reached agreements to restructure debt, according to submissions before an appellate tribunal. L&T Finance and its other arms, as well as Aditya Birla Sun Life Mutual […]

New Delhi: Are you a PhD? Did you study law or languages or engineering or economics? Did a natural disaster force you to move from your city/village? Do you suffer from neurological disorders? Were you ever a victim of an acid attack? Census attempts to capture who Indians are, what they do and where and […]

Rajiv Bajaj is in the middle of a row with incumbent automakers on one side and startups and the Niti Aayog on the other over whether or not to ban two- and three-wheelers that run on fossil fuels. As much as 99% of the electric vehicle sellers in India are traders, and they are bringing […]

NEW DELHI: Issues between promoters have nothing to do with IndiGoNSE -10.74 % and its functioning, the CEO of the airline said in a letter to his employees, a day after a spat between the promoters of the country’s largest carrier became public. “The issues between them will eventually get sorted out but I want […]

The year 2019 has seen the government present the Union Budget twice. The interim budget was presented in February, and after its sweeping victory in the general elections, the BJP-led government presented the full budget on July 5. Both budgets had income tax-related announcements that can impact your personal finances. A lot of the announcements […]

New Delhi: A Delhi High Court Tuesday refused to allow Jet AirwaysNSE -4.99 % founder Naresh Goyal to leave India and sought response of the Centre on his plea challenging a look out circular issued against him. Justice Suresh Kait said no interim relief can be granted to Goyal at this stage and added that […]

About 93 per cent of the total voluntary contributions above Rs 20,000 received by the six national political parties between 2016-17 and 2017-18 came from corporates and business houses, a report says. The ruling Bharatiya Janata Party (BJP) got the major chunk — Rs 915.59 crore from 1,731 corporate donors from the total Rs 1,059 […]

In a country-wide operation, the CBI carried out searches at 110 locations in 19 states in connection with fresh cases related to alleged corruption, arms smuggling and criminal misconduct, officials said Tuesday. The CBI has registered 30 fresh cases, they said. More details are awaited as the search operation is underway and may be expanded […]

NEW DELHI: India has extended the anti-profiteering framework under the goods and services tax (GST) by another two years while also making the rules more stringent to ensure companies pass on the benefit of lower taxes to consumers. The GST Council, the apex decision-making body for the levy, decided on Friday to extend the tenure […]