finance

Delhi International Airport invokes force majeure clause to suspend revenue-sharing agreement with AAI

The Delhi International Airport (DIAL) has invoked the force majeure clause to suspend the revenue-share agreement with state-owned Airports Authority…

Read more

MSME minister Nitin Gadkari mulls awards to businesses paying on-time payments to MSMEs

In order to recognise businesses and organisations that have been making on-time payments to MSMEs for goods and services purchased, the MSME Ministry…

Read more

Government has launched National infrastructure pipeline for which would invest Rs. 111 lakh crores on infra projects by 2024-25

A special session was recently organised at the CII Partnership Summit organised by the Confederation of Indian Industry (CII) in collaboration with…

Read more

Mahindra’s South Korean subsidiary Ssangyong Motor fails to repay loan

Mahindra’s South Korean subsidiary Ssangyong Motor has defaulted on loan repayments worth Rs 408 crore to a consortium of lenders including JP Morgan,…

Read more

Deadline for States to Implement Citizen Centric Reforms Extended till 15th February 2021

Reference: PIB Deadline for States to implement citizen centric reforms extended till 15th February 2021 States to get additional borrowing permission…

Read more

Centre extends deadline till February 15 for States to complete reforms to avail additional borrowing

The Centre has extended the deadline till February 15 for States to implement reforms to be eligible for additional borrowing. These said reforms that…

Read more

CESTAT sets aside service tax liability case on Sourav Ganguly

Former Indian cricket team captain and current BCCI president, Sourav Ganguly must have heaved a sigh of relief when the Customs, Excise & Service…

Read more

Union Cabinet approves Rs 3,500 crore sugar export subsidy for 2020-21

As part of its efforts to help them clear outstanding dues to sugarcane farmers, the Union Cabinet has approved a subsidy of Rs 3,500 crore to sugar…

Read more