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Cafe chain Coffee Day Enterprises on Tuesday confirmed that Chairman and Managing Director V G Siddhartha has been missing since Monday evening.
Promoter's pledge has been above 70% since December 2018
Funds have been used to invest in Vodafone Idea rights issue
The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses
DHFL informed the stock exchanges that the audit of the company's standalone and consolidated accounts was in progress
After falling for close to a decade since 2008, India's investment had turned the corner since the first quarter of 2017-18
Fund raising is separate from Reliance Jio Infocomm plans, will be completed by end of September quarter.
New norms may force 100 bps hike in rates for borrowers
The Godrej group owns 3,400 acres in Vikhroli, a northeastern suburb of Mumbai. Of this, about 1,000 acres can be developed
The high debt of AI, at about Rs 50,000 crore, was a major concern for the group while bidding in the first round
We see a lot of opportunities in our corporate finance business, retail bank and transaction bank, says Gill
On its large size of below investment grade exposure, Gill said their non-investment grade figure went up from Rs 6,000 crore to Rs 20,000 crore and it was not a very granular portfolio
On February 12, 2018, the RBI had issued a circular under which banks were asked to initiate resolution or restructuring of loans of Rs 2,000 crore or more if there was a single day of default
Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs
SFIO has said that Sivasankaran arranged for foreign junkets, helicopter rides and paid for renovation of apartments of top IL&FS officials in Brussels
The former MTNL employee received more votes than Deora, not only from the chawls but also from the Malabar Hill voters - showing their preference for the BJP-Shiv Sena alliance
NBCC has promised to complete by July 2023 all the apartments Jaypee was to develop
Ericsson has been opposed to RCom's move of undergoing insolvency proceedings
The lowering of the voting threshold is expected to help several firms avoid bankruptcy, and aid banks in recovering dues faster
The additional capacity will be commissioned at Vilayat plant in Gujarat in two years