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Cambridge Analytica spokesperson Clarence Mitchell looks at his watch near the end of taking questions during a press conference in London, Tuesday, April 24, 2018. The press conference was held Tuesday afternoon to follow Cambridge University academic Aleksandr Kogan speaking at a hearing held by Britains Parliament media committee. Kogans company, Global Science Research, developed a Facebook app that vacuumed up information from users as well as additional data from their Facebook friends. (AP Photo/Matt Dunham)

Cambridge Analytica shuts down after Facebook privacy scandal

In a press release, the firm went opened up to confirming that they will shut down with immediate effect.

3 May 2018 9:57 AM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Adani group emerges as highest bidder to acquire Ruchi Soya

Patanjali Ayurved, the only other qualified player in the race, has bid for around Rs 5,700 crore.

12 Jun 2018 6:55 PM IST

Baba Ramdev promoting Patanjali Chyawanpras

Patanjali to submit revised bid tomorrow to acquire Ruchi Soya

Patanjali group has submitted its undertaking of having no objection to the 'Swiss Challenge' process adopted by the...

10 Jun 2018 5:55 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Bankers burning midnight oil to resolve Rs 3.8 tn NPAs before deadline

The circular came into effect on March 1 and the 180-day deadline concludes on August 27.

26 Aug 2018 1:42 PM IST

UK court grants bankruptcy reprieve to Vijay Mallya

UK court grants bankruptcy reprieve to Vijay Mallya

The judge concluded that the legal cases being pursued by Mallya in India stood a reasonable prospect of success

10 April 2020 9:35 AM IST

The annualised fresh NPA generation declined to 4.1 per cent during the third quarter of 2016-17.

'Rs 8 lakh crore NPAs may face bankruptcy proceedings by Mar 2019'

NPAs are a big drain on the financial health of banks especially public sector banks.

16 July 2017 4:40 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Insolvency and Bankruptcy Code explained

IBC that was passed in May 2016 replaced three existing laws on insolvency and bankruptcy.

13 July 2017 3:14 PM IST

Union Finance Minister Arun Jaitley during a conversations on C Peter Mc Colough Series on International Economics at Council on Foreign Relations in New York City. (Photo: PTI)

RBI given more powers to tackle NPAs: Arun Jaitley

President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.

5 May 2017 6:05 PM IST

Prime Minister Narendra Modi. (Photo: PTI)

Narendra Modi govt notifies new Banking Regulation Act

RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.

5 May 2017 5:53 PM IST

Representational Image.

Jobless dad-of-six welcomes Finland's basic income trial

As of January 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of $590.

18 Jan 2017 11:30 AM IST

(File photo/Representational)

Indo-US nuclear deal: Westinghouse Electric files for bankruptcy

The firm was to build 6 nuclear reactors in Andhra Pradesh along with state-run NPCIL.

29 March 2017 6:43 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Answers Corp files for bankruptcy to cut $471 million in debt

The company rebranded itself last year as Multiply, a "fan engagement platform" that connects celebrities and their...

4 March 2017 9:15 AM IST