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Tata Sons may bank on TCS to clear telecom arms' AGR dues

It will most likely bank on TCS for sourcing funds in case it has to pay the dues immediately, sources said.
The Economic Times



Iran to finalise new retreat from nuclear deal later Sunday

The nuclear accord between Iran and the United Nations Security Council's five permanent members -- Britain, China, France, Russia and the US -- plus Germany was agreed in 2015. It has been hanging by a thread since the US withdrawal in May 2018, despite efforts to salvage it led by the three European nations that remain parties to the deal along with China and Russia.

War with Iran is not inevitable: Hussein Ibish

Iran may have many options for unleashing mayhem against American interests and allies in the ...

Japan orders tighter immigration procedures after Ghosn flees country

Japan ordered stricter immigration procedures on Sunday in response to ...

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  • The BJP on Saturday announced a mass contact programme to expose opposition parties' "lies" and apprise people of the details of the amended citizenship law to assure them that it is not against existing citizens.

    The state government has decided to make English the medium of instruction for classes 1 to 6 in all schools, replacing the native language Telugu, beginning from 2020-21 academic year, with Telugu or Urdu being a compulsory subject.

    Speaking at an event where a number of academicians discussed the adverse implications of the contentious law, which has led to nationwide protests, Menon said the perception of India has changed after the law was passed.

    The national capital on Friday witnessed a wave of fresh protests with a car being set on fire during one of the several demonstrations by people in their thousands who took to the streets shouting anti-government slogans over the contentious citizenship law.

    Schools and offices remained shut in Guwahati, officials said. Suspension of internet services across Assam was extended for 48 hours till December 16 to prevent misuse of social media in disturbing peace and to maintain law and order in the state, additional chief secretary (home and political department) Sanjay Krishna said.

    A growing number of boutique law firms and established players are reaching out to guide these ventures through legal and procedural minefields.

    UCO Managing Director AK Goel said that recovery from four accounts, namely Ruchi Soya, Essar Steel, RattanIndia Power and Prayagraj Power, is complete. This may help the bank reduce net losses in the third quarter while the bank is expecting to be back in black in the fourth quarter.

    The judgement came on a plea filed by advocate Shibani Ghosh seeking directions to monitor the pollution caused by ships and vessels entering the Indian maritime coastal waters and submit a report to the NGT.

    According to Japan's Kyodo news agency, Ghosn was smuggled out with the help of two private security operatives who pretended to be part of a group of musicians for a Christmas party at his residence. The news comes a day after prosecutors raided the residence as part of an initial probe into his flight.

    Relatively unknown in Iran until the 2003 U.S. invasion of Iraq, Soleimani's popularity and mystique grew out American officials calling for his killing. By the time it came a decade and a half later, Soleimani had become Iran's most recognizable battlefield commander, ignoring calls to enter politics but becoming as powerful, if not more, than its civilian leadership.

    DHFL, Reliance Home Finance, KKR-backed CCD and CG power could add to the woes of Indian banks .

    In March 2019, the Ahmedabad bench of the National Company Law Tribunal (NCLT) had approved the sole RIL-JM Financial ARC bid for Alok for Rs 5,050 crore. RIL wants to raise about Rs 4,550 crore through bank loans while infusing Rs 500-crore equity in the company.

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