The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) decision upholding the resolution plan of Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC).

'It has remained around 38 per cent over the past four to five quarters.'

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners, according to sources. The detailed investigation was ordered by the Competition Commission of India (CCI) in April 2022 and the probe report was submitted to the regulator earlier this year. Under the norms, CCI director general's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog.

Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. Retail inflation trended below the RBI's upper tolerance band of 6 per cent since September last year.

The National Institute of Design (NID) is inviting applications for Design Aptitude Test (DAT) for its Bachelor of Design (BDes) and Master of Design (MDes) programmes.

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.

Sangeet Natak Akademi awardee Himani Shivpuri on her passion for theatre and more

The self-defence programme equips girls in rural schools with an extra skill

That is why Odissi has survived for centuries, says Arushi Mudgal to PARSHATHY J. NATH

Designer Archana Rao presents her fall/winter 2016 collection at Amethyst

Many actresses from Kerala are making their mark in Tamil filmdom. SUBHA J RAO and SRINIVASA RAMANUJAM track the trend and speak to some of them

‘Election Atlas of India’, through photo collages and thematic maps, is a seminal ready reckoner on Lok Sabha elections

Pappadams are a must for the grand Onam feast and units selling handmade pappadams in Thiruvananthapuram have a steady clientele

The festivities include colourful decor, fusion wear and elaborate satvik food spreads