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Top 10 biz headlines: ITC-Hotel Leela case, Jet Airways crisis, and more

From ITC-Hotel Leela case to Amazon India's plan to take on Alibaba, Business Standard brings you top 10 business stories that made news on Tuesday

ITC takes Hotel Leela to NCLT over 'oppression' in JM ARC, Brookfield deals
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BS Web Team
ITC takes Hotel Leela to NCLT over 'oppression' in JM ARC, Brookfield deals

Barely a month after Canadian private equity player Brookfield closed a deal to buy four hotels and a property of Hotel Leelaventure, ITC, which has a 8.72 per cent stake in the hospitality firm, has filed a petition in the NCLT, accusing the company of oppression and mismanagement. Read on...

Saudi, Iraq and UAE may fill in Iran gap as US ends sanctions waiver

India’s crude oil imports from Iran during 2018-19 increased by 4.4 per cent to 23.6 million tonnes (mt), compared to 22.6 mt during the