The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.
DoT still working on final AGR dues due to varying accounting practices. Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT.
'There is an evaluation committee which is involved in these matters. The committee comprises six persons and there are persons from the armed forces and also the finance wing. My information suggests that two persons in this committee have allegedly manipulated this deal,' MV Mysura Reddy, member of the parliamentary defence standing committee, tells Vicky Nanjappa
An internal audit report ordered by the defence ministry has raised questions over the functioning of the DRDO and the grant of Rs 2.8 crore by its chief V K Saraswat to a society under him.
The villagers, led by Budha Ismail Jam, along with several other farmers and fishermen, allege that coal-fired Tata Mundra Power Plant in Tunda village in Kutch district, has resulted in widespread environmental damages.
The captured Tiger rebel had arrived in the country on January 10 from Geneva in Switzerland, said the Criminal Investigation Department (CID), which made the arrest.
The bail petitions of Venkatpati Raju and Srisailam, arrested in connection with the multi-crore rupee Satyam fraud case, were filed in a local court in Hyderabad on Monday.
The order also provides that the field office will incur expenditure on the facilitation function under the head of publicity.
Tightening the noose around Lashkar-e-Tayiba, the United States on Wednesday designated the Pakistan-based terror group's student wing Al-Muhammadia Students a terrorist organisation and slapped sanctions against its two top leaders.
An expert committee has recommended to Defence Minister Manohar Parrikar that supply of equipment need not be blocked even if bribery charges emerge.
In a significant claim, Pakistani-American terrorist David Coleman Headley on Thursday said that Ishrat Jahan -- who was killed in an alleged fake encounter in 2004 in Gujarat --was actually a suicide bomber of Lashkar-e-Tayiba terror outfit.
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