MUMBAI: The new board of India's Infrastructure Leasing and Financial Services (IL&FS) submitted a plan to revive the debt-laden firm to a company law tribunal on Wednesday, paving the way to a potential resolution of the group's future. The Indian government this month took control of IL&FS, a major infrastructure ...
KOLKATA: Tata Teleservices (TTSL), the mobility division of Tata Sons, will pay American Tower Corporation (ATC) $320 million (Rs 2700 crore) as a one-time cash settlement for prematurely winding up some 30,000-odd tenancies after deciding to sell its mobility business to Bharti Airtel.Tata Tele will also sell 13%, or half ...
NEW DELHI: ITC Hotels announced the opening of its 13th luxury hotel in India, the ITC Grand Goa, a Luxury Collection Resort & Spa, formerly known as the Park Hyatt Goa Resort & Spa, on Arossim beach in Cansaulim, South Goa on Wednesday. The 252-keys beach-side hotel will have 6 ...
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) Wednesday directed the Cyrus Mistry camp to submit specific changes it wants in the Articles of Association (AoA) of Tata Sons. A two-member bench headed by Justice S J Mukhopadhaya asked the Mistry camp to file within tow days the ...
NEW DELHI: In a huge relief for passengers, railways has scrapped flexi-fare in 15 premium trains completely, while the scheme will no longer be applicable in 32 trains during lean periods.It has also reduced flexi fares from 1.5 to 1.4 times the base ticket fare in 101 trains, Railway Minister ...