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15 Nov 2019, 13:18

Lakshmi Mittal can begin taking over Essar Steel as India's Supreme Court ends the debate on how to distribute the money

Steel tycoon Lakshmi Mittal wins his $6 billion bid for bankrupt Essar Steel owned by the Ruia family earlier.
The latest Supreme Court verdict has set a precedent on how the sale proceeds of a bankrupt company should be distributed.
The ultimate discretion on distribution of funds was with the Committee of creditors, the SC order on November 15 said.

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WHAT'S HAPPENING

The hostel fee hike in JNU has become another flashpoint in Indian politics -- both in the real world and the virtual

15 Nov 2019, 13:13

The hostel fee hike in JNU has become another flashpoint in Indian politics -- both in the real world and the virtual

People across social media platforms were unilaterally supporting the student protest against Jawaharlal Nehru University (JNU).
However, after the act of defamation of Swami Vivekananda statue the social media outrage has shown the other side to the hostel fee hikes at the university.
JNU’s revised hostel fees is at least one-fifth of the charges across premier Indian Institute of Technology (IITs) in Delhi and Mumbai, according to an ET report.

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Malvinder and Shivinder Singh held guilty of violating Supreme Court order — Malvinder and Shivinder Singh held guilty of violating Supreme Court order
15 Nov 2019, 11:35 by PTI

Dream11 will sell sports merchandise and game tickets on Fancode — Dream11 will sell sports merchandise and game tickets on Fancode
15 Nov 2019, 10:44 by Sanchita Dash

Vodafone-Idea is now a ₹2 stock after a shocking quarterly loss — Vodafone-Idea is now a ₹2 stock after a shocking quarterly loss
15 Nov 2019, 09:44 by Katya Naidu

MakeMyTrip CEO is one of 10,000 people planning a protest against air pollution in Gurgaon on Sunday — MakeMyTrip CEO is one of 10,000 people planning a protest against air pollution in Gurgaon on Sunday
15 Nov 2019, 09:42 by Sanchita Dash

Adanis will be able to go ahead with a stake buy in Mumbai airport after CCI nod — Adanis will be able to go ahead with a stake buy in Mumbai airport after CCI nod
15 Nov 2019, 11:38 by PTI

Indian government hid another survey that showed fall in consumer spending for the first time in four decades: Report — Indian government hid another survey that showed fall in consumer spending for the first time in four decades: Report
15 Nov 2019, 10:05 by Sriram Iyer

Tata Communications joins hands with Microsoft to work for connected cars — Tata Communications joins hands with Microsoft to work for connected cars
15 Nov 2019, 08:34 by IANS

Vodafone Idea has to pay ₹44,150 crore to DoT in 3 months -the liability that made it post a historic loss — Vodafone Idea has to pay ₹44,150 crore to DoT in 3 months -the liability that made it post a historic loss
15 Nov 2019, 08:15 by IANS

‘I heard 150 noes before first funding’- reveals one of India's newest unicorns Dream11 — ‘I heard 150 noes before first funding’- reveals one of India's newest unicorns Dream11
14 Nov 2019, 20:21 by BI India Bureau

Indians are unhappy with their pay but satisfied with their jobs — Indians are unhappy with their pay but satisfied with their jobs
14 Nov 2019, 17:19 by Prerna Sindwani

Vodafone-Idea stock crashes by 20% after British parent gives up on it — Vodafone-Idea stock crashes by 20% after British parent gives up on it
14 Nov 2019, 15:11 by IANS

Sena wonders if Amit Shah kept Modi in the loop about their 50:50 formula — Sena wonders if Amit Shah kept Modi in the loop about their 50:50 formula
14 Nov 2019, 13:21 by PTI

JNU students intensify protest on fee hikes, deface the varsity's admin block — JNU students intensify protest on fee hikes, deface the varsity's admin block
14 Nov 2019, 16:52 by IANS

Here's what the President's rule in Maharashtra will mean

Indian government hid another survey that showed fall in consumer spending for the first time in four decades: Report

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