Economy & Nation

The Delhi High Court has asked Baba Ramdev's Patanjali Ayurveda Ltd to cooperate with the income-tax (I-T) department for its special audit, says a report.   According to the report from LiveLaw.in, a bench comprising Justice S Ravindra Bhat and Justice Prateek Jalan opined that 'far...
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Debt-laden Infrastructure Leasing & Financial Services (IL&FS) has initiated process to sell road assets of its subsidiary IL&FS Transportation Networks Ltd (ITNL) and invited expression of interest (EoI) proposals from buyers.   According to the company, the decision is based on the...
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A magistrate court in Mumbai has summoned Ratan Tata, other directors and key management personnel of Tata Sons, including Ajay Piramal, Amit Chandra, Ishaat Hussain, Nitin Nohria, Ranendra Sen, Vijay Singh, Venu Srinivasan, Ralf Speth, N Chandrasekharan and FN Subedar, in a criminal...
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The Engineering Export Promotion Council of India (EEPC) on Monday said reports that the RBI was contemplating to forward cases of non-realisation of export proceeds to the ED, have created panic among exporters who submitted their records about remittance receipts to their...
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The National Company Law Appellate Tribunal (NCLAT) on Monday deferred to 20 December 2018 its hearing in the Infrastructure Leasing and Financial Services (IL&FS) moratorium case.   According to BTVI, the hearing could not take place today due to absence of NCLAT...
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