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Sensex, Nifty down 2% on delayed telecoms ruling, dour Fed outlook

Markets

11 June, 2020

Sensex, Nifty down 2% on delayed telecoms ruling, dour Fed outlook

Indian shares closed down over 2% on Thursday, led by bank stocks, after the country's top court extended a hearing ......

PE-backed pathology chains get a shot in the arm as SC tweaks virus testing order

Healthcare

13 April, 2020

PE-backed pathology chains get a shot in the arm as SC tweaks virus testing order

The Supreme Court on Monday modified its recent order that had made it mandatory for private-sector pathology chains like Dr ......

Factbox: Latest on the spread of the coronavirus around the globe

General

09 April, 2020

Factbox: Latest on the spread of the coronavirus around the globe

The number of confirmed infections of the novel coronavirus were reported to have exceeded 1.47 million globally and the death ......

Supreme Court's free testing order may hinder virus fight, warn business leaders

General

09 April, 2020

Supreme Court's free testing order may hinder virus fight, warn business leaders

A decision by the Supreme Court of India to make testing for coronavirus free places an unfair financial burden on ......

Supreme Court slams telecoms firms over AGR dues; Vodafone Idea plunges

TMT

18 March, 2020

Supreme Court slams telecoms firms over AGR dues; Vodafone Idea plunges

India’s Supreme Court on Wednesday lashed out at mobile phone operators for self-assessing their outstanding telecoms dues, saying it amounted ......

ArcelorMittal, Nippon Steel sign $5.15 bn loan pact to refinance Essar Steel buy

Manufacturing

17 March, 2020

ArcelorMittal, Nippon Steel sign $5.15 bn loan pact to refinance Essar Steel buy

Japan's biggest steelmaker Nippon Steel Corp said on Tuesday its joint venture with ArcelorMittal has signed a $5.15 billion loan ......

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

Healthcare

04 March, 2020

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......

Supreme Court strikes down RBI banking ban on cryptocurrency

TMT

04 March, 2020

Supreme Court strikes down RBI banking ban on cryptocurrency

India's Supreme Court ruled on Wednesday to allow banks to handle cryptocurrency transactions from exchanges and traders, overturning a ban ......

Hughes Network fears India bankruptcy, bank disruptions over AGR dues

TMT

24 February, 2020

Hughes Network fears India bankruptcy, bank disruptions over AGR dues

U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to ......

Vodafone Idea to pay $490 mn in telecom dues this week, shares rise

TMT

17 February, 2020

Vodafone Idea to pay $490 mn in telecom dues this week, shares rise

Beleaguered Indian wireless carrier Vodafone Idea will pay Rs 3,500 crore ($490 million) in telecoms dues to the government by ......