A comprehensive financial package, including transfer of non-core debt and assets to a Special Purpose Vehicle are a part of the plan that was announced by Union Minister Jayant Sinha in the Lok Sabha.
There are allegations of involvement of former ICICI Bank chief Chanda Kochhar and her family members in a loan provided to Videocon Group on a quid pro quo basis. It was alleged that Videocon pumped money into NuPower Renewables, a firm owned by Deepak Kochhar, husband of Chanda Kochhar.
The commerce and industry minister Suresh Prabhu said his ministry has also identified sectors and countries which holds huge potential for investments in India.
The rupee opened sharp lower at 70.27 a dollar against the previous close of 70.06.
The index had broken its three-day falling streak in the previous session Monday by ending 179.79 points, or 0.51 per cent, higher at 35,649.94.
Subramaniam is currently the executive vice president, chief marketing and communications officer of FedEx Corporation and will assume his new role on January 1, 2019.
The new regulations follow complaints from Indian retailers and traders, who say the giant e-commerce companies are using their control over inventory from their affiliates, and through exclusive sales agreements, to create an unfair marketplace that allows them to sell some products at very low prices.
The five were part of a group of 29 entities that allegedly indulged in reversal trades, the the Securities and Exchange Board of India said.
The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan, the RBI said.
The commerce and industry ministry also prohibited e-commerce companies like Flipkart and Amazon, from entering into an agreement for exclusive sale of products.
The dollar strengthened against major global currencies in a restricted trade which also weighed on the domestic currency.
A total of 8,802 frauds have been reported by scheduled commercial banks and public sector banks in 2017-18 as against 7,794 in 2016-17 and 7,482 in 2015-16.
VK Singh listed the countries visited by the prime minister between 2014 and 2018 that now figure among the top 10 countries from where India has received the maximum FDI inflows. He also stated Modi visited over 55 countries in 48 foreign trips.
The Haryana Police has asked Delhi, Rajasthan and Punjab Police regarding any missing persons report, matching the description of the three bodies, filed in any of the police stations
The draft bill is aimed at bringing reforms in the medical education of Indian medicine sector in lines with the National Medical Commission proposed for setting up for the allopathy system of medicine.
In June, the Ministry of External Affairs (MEA) had written to several European countries seeking help in tracing Nirav Modi.
India tried everything they could to wrap the game up on Day Four of the Boxing Day Test but some gritty batting from the Australian tail especially Pat Cummins and Nathan Lyon ensured the match went into the fifth day at the Melbourne Cricket Ground.
With the Australian batting line-up struggling against the Indian bowling attack in the ongoing Test series, former captain Ricky Ponting believes that Matthew Wade could be the solution to the hosts' ailing issue.
Australia batting coach Graeme Hick has urged his batsmen to learn from Virat Kohli on how to build an innings and have greater game-awareness as the hosts' feebleness against a quality Indian bowling attack has once again come to the fore.
Sri Lanka were 231 for six at stumps, 429 runs short of their improbable 660-run target, with doubt whether the injured Angelo Mathews would return.
With Australia staring down the barrel at 135 for five while chasing a target of 399, Pant welcomed Paine to the crease in the post lunch session with some words of his own.
The second Test will be staged at Newlands, in Cape Town from January 3.
"Everyone is really excited for him to come back. He's been so positive in his build-up, he's been training hard. We're all really excited and really happy for him to be back in the team"
If you haven’t been watching the Australia – India series with headphones on, you aren’t just missing the commentary but possibly also one of the best banters by a wicket-keeper.
“He is the reason for our supremacy in the bowling department over Australia. Ishant (Sharma) and (Mohammed) Shami are getting wickets because of pressure built up by Bumrah. His rise has been terrific and become the go-to bowler for (Virat) Kohli,”
India always had a weak link on previous tours – their collective pace attack - that is not the case anymore. But how good are they?
Catch all the live cricket score between India and Australia through Cricketnext's live blog.
Live updates from the fourth day of the first Test between New Zealand and Sri Lanka
Former India captain Mahendra Singh Dhoni Friday (December 28) urged people to refrain from "criticising individual preferences" with regards to the criticism faced by a number of India internationals who have skipped this year's Ranji Trophy.
Pakistan coach Mickey Arthur has received an official warning and one demerit point for breaching the ICC Code of Conduct by 'showing dissent' at an umpire's decision during the first Test against South Africa in Centurion.
South Africa fast bowler Duanne Olivier wreaked havoc on the visiting Pakistan side as he bagged 11/96 in the match in his side's comfortable six-wicket win at Centurion on Friday.
Hashim Amla and Dean Elgar scored half-centuries as South Africa completed a six-wicket win over Pakistan within three days of the first Test at Centurion on Friday (December 28).
Sydney Thunder batsman Jos Buttler powered his way to a 53-ball 89 against Hobart Hurricanes in the Big Bash League on Friday.
Yes, that was a bit of fun. Pat Cummins got his reward for running the better part of a marathon in the field over the course of a couple of days in the dirt, as calculated by the GPS data shared with the Channel Seven broadcast. He truly is Australia’s man for all climates, all conditions and for softening all calamities.
Tim Paine may not be the best batsman in the current Australian side, but he is certainly earning a reputation of being the best at the sledging wars from behind the stumps.
Follow all the live action as Pakistan take on South Africa in Centurion.
Jasprit Bumrah’s career best figures of 6/35 were the best ever by an Indian bowler at the Melbourne Cricket Ground. The performance also earned him a special place in history as he slotted in behind two legends for the best spell in history by an Indian bowler in Australia - Kapil Dev's 8/106 in Adelaide in 1985 and Anil Kumble's 8/141 in Sydney in 2004.
The Australian Cricketers’ Association (ACA) has expressed concerns over the use of stump microphones, with its chief Alistair Nicholson saying it doesn’t want players to get unnecessary sanctions for ‘unintentional and accidental’ on-field conversations.
Spectators in MCG’s famous Bay 13 stand have been formally warned by Cricket Australia to curb racially motivated chants, after complaints were made against them during the ongoing Boxing Day Test match.
New Zealand batsman Henry Nicholls credits personal failure early in his career for his valuable contribution to the game plan as they dominated the second Test against Sri Lanka in Christchurch on Friday.
Centuries from Tom Latham and Henry Nicholls put New Zealand in line for a defining victory over Sri Lanka in the second Test with a 659-run second innings lead and the tourists losing early wickets in their record chase.
Away from soccer, Geraint Thomas, who won cycling's Tour de France in July and was named BBC Sports Personality of the Year earlier this month, gets an OBE, while former England cricket captain Alastair Cook and ex-England rugby skipper Bill Beaumont received knighthoods.
Sanchez has scored only one goal in the Premier League this season with injuries and patchy form restricting him to five starts, while Lukaku has not fired on all cylinders with six goals in 16 appearances.
Arsene Wenger's Arsenal side were undefeated as they won the Premier League in the 2003/04 season and Emery believes Liverpool could follow suit.
Melbourne Park regularly sees days of scorching weather and organisers have come under fire from players who have complained of health and safety risks under the previous heat regime.
The Spaniard lost a tight three-setter 6-4, 3-6, 6-4 and subsequently withdrew from his third-place play-off match so as not to push his body too far too soon.
City end 2018 with a testing visit to Southampton before opening 2019 with leaders Liverpool coming to the Etihad, a game in which defeat for City could leave them 10 or more points off first place.
Real Kashmir FC moved to the top of the table for the first time after being held by East Bengal to a 1-1 draw in an I-League encounter here on Friday.
World no. 7 Marin Cilic Friday pulled out of next week's Maharashtra Open tennis tournament, citing a nagging knee injury.
India's success against top-ranked nations this year has instilled a new self-belief and helped the women's hockey team shed its underdog tag, feels skipper Rani Rampal.
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