Business, Companies, 5th Sep 2017, News & Stories from India

Friday, Apr 26, 2024 | Last Update : 05:55 PM IST

Business Companies 05 Sep 2017

Business, Companies, 05 Sep 2017

The board of Connaught Plaza Restaurant, the 50:50 joint venture between McDonald's India and its estranged partner Vikram Bakshi, will meet on Wednesday.

McDonald's-Bakshi feud: CPRL to meet tomorrow, fate of 169 shops uncertain

Already 43 outlets of McDonald's in the Capital have been closed since June following expiry of eating house license.

05 Sep 2017 8:56 PM

The government on Tuesday said that names of over 2.09 lakh firms were deregistered for failing to comply with regulatory requirements.

2.09 lakh companies deregistered; directors face action: Govt

Section 248 of the Companies Act provides powers to strike off names of companies on various grounds.

05 Sep 2017 5:53 PM

Air India is surviving on a bailout package of Rs 30,000 crore. (Photo: File)

Over 130 pilots, 430 crew members of Air India likely to be grounded

These crew members had regularly been 'evading' breath analyser test over a period of time.

05 Sep 2017 5:48 PM

Vikram Bakshi, McDonald's estranged partner, had challenged termination of franchise agreement.

Bakshi case: NCLT issues show-cause notice to McDonald's Corp

In June 43 outlets of the fast food chain were closed in the capital following expiry of eating house licenses.

05 Sep 2017 5:38 PM

Reliance Jio topped TRAI's speed chart for the month of July.

Reliance Jio tops TRAI's list of data speed as Airtel, Vodafone lag

While Airtel hit a speed of 9.266 mbps, Idea Cellular clocked in 8.833 mbps and Vodafone was at 9.325 mbps.

05 Sep 2017 5:18 PM

McDonald's is an American fast food chain. (Photo: PTI)

McDonald's franchise issue: NCLT rejects Vikram bakshi's 'contempt' plea

Vikram Bakshi, McDonald's estranged partner, had challenged termination of franchise agreement.

05 Sep 2017 5:12 PM

Company has already received shareholders' nod for the 'sale of hotels in Delhi/Chennai' in September 2016.

No final pact with anyone to sell Chennai hotel: Hotel Leela

Shares of Hotel Leelaventure were trading at Rs 24.05 per scrip in the afternoon trade on BSE.

05 Sep 2017 2:09 PM

HDFC will raise Rs 2,000 crore by issuing bonds on private placement basis to augment its long-term capital.

HDFC to raise Rs 2,000 crore via bonds for its housing business

The issue to raise Rs 2,000 crore will open on Wednesday and closes the same day.

05 Sep 2017 1:54 PM

NCLT at Allahabad had initiated the insolvency proceedings against Jaypee Infratech based on IDBI's charge that the company has defaulted in loan repayment.

IDBI moves SC against stay of insolvency proceedings against jaypee infratech

Around 32,000 buyers have booked their homes in 27 different housing projects of Jaypee Infratech.

05 Sep 2017 12:29 PM

The Supreme Court of India. (Photo: PTI)

IDBI Bank rushes to SC with plea to review stay on Jaypee insolvency

SC accepts bank's petition and posts matter for hearing on Monday; homebuyers oppose bank's fresh submission.

05 Sep 2017 11:43 AM

A subsidiary of public sector lender Punjab National Bank, PNB Housing Finance is in the business of providing home loans.

PNB Housing Finance to raise up to Rs 1,000 cr via bonds

Stock of PNB Housing Finance closed 1.98 per cent down at Rs 1,593.50 apiece on BSE.

05 Sep 2017 9:36 AM

SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.

RBI includes HDFC Bank in 'too big to fail' list

RBI had issued the framework for dealing with D-SIBs in July 2014.

05 Sep 2017 9:31 AM

Bakshi had moved the NCLT following termination of license by MIPL. (Photo: AFP)

NCLT reserves orders over Bakshi's pleas against McDonald's

Bakshi also approached National Company Law Appellate Tribunal asking for a buy out his share.

05 Sep 2017 9:22 AM

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Sunil Gatade