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Larsen & Toubro Construction bags orders worth Rs 2,552 crore
Business

Larsen & Toubro Construction bags orders worth Rs 2,552 crore

L&T Construction received order worth Rs 1,223 crore from Aurangabad Industrial Township

Judge orders ABX Aire pilots to stop the strike and resume work
News & Analysis

Judge orders ABX Aire pilots to stop the strike and resume work

A federal judge on Wednesday upheld a temporary restraining order sought by cargo airline ABX Air, whose major customers include DHL and online retail giant Amazon, against its striking pilots and ordered them back to work immediately.

Facebook users in US can now order food from the platform
News & Analysis

Facebook users in US can now order food from the platform

Facebook Inc said users in the United States would be able to order food through the Facebook pages of restaurants starting on Wednesday as part of its efforts to connect users and businesses.

Microsoft asked to stop collecting excessive user data by French Government
News & Analysis

Microsoft asked to stop collecting excessive user data by French Government

The French data protection authority on Wednesday ordered Microsoft Corp to stop collecting excessive data on users of its Windows 10 operating system and serving them personalised ads without their consent.

Pizza Hut to take orders from Twitter and Facebook now
News & Analysis

Pizza Hut to take orders from Twitter and Facebook now

Pizza Hut has announced a new social ordering platform or "chatbot" which will allow conversational ordering of pizzas and other menu items on Facebook Messenger and Twitter.

Cipla bags Rs 1,100 cr order for HIV drugs from South Africa
Corporate

Cipla bags Rs 1,100 cr order for HIV drugs from South Africa

Drug major Cipla's subsidiary has bagged an order worth 2 billion rand (around Rs 1,100 crore) for HIV drugs from the South African government.

IVRCL gets Rs 1,255 cr order from Karnataka, BHEL
Corporate

IVRCL gets Rs 1,255 cr order from Karnataka, BHEL

IVRCL Limited today said that the Irrigation and Water Divisions of the company has bagged orders of the value of Rs 1255.67 crore with majority of the works from Karnataka Government and BHEL.

Sebi did not follow rules while banning firm, say DLF laywers
Corporate

Sebi did not follow rules while banning firm, say DLF laywers

Banned by Sebi from the market for three years, real estate major DLF today argued before the SAT that the regulator had not followed the Fraudulent and Unfair Trade Practices (FUTP) rules while penalising the company.

SAT to hear DLF plea against Sebi order on Wednesday
Corporate

SAT to hear DLF plea against Sebi order on Wednesday

With Securities Appellate Tribunal set to hear DLF and its senior executives' plea against Sebi ruling tomorrow, the focus is likely to be on the accounting practices that were followed by the realty major.

Sebi order: SAT clubs KP Singh, others' petitions with main DLF case
Corporate

Sebi order: SAT clubs KP Singh, others' petitions with main DLF case

Market regulator Sebi had banned the company and six of its senior officials including the Chairman from accessing the capital markets for three years.

Sensex falls over 100 pts, but DLF stock rises 10% after hitting record low
Money

Sensex falls over 100 pts, but DLF stock rises 10% after hitting record low

DLF slumped 28.6 percent on Tuesday after securities regulator SEBI banned it from the capital markets for three years.

Sebi banning DLF from markets isn't wrong, even though it may hit home buyers
Corporate

Sebi banning DLF from markets isn't wrong, even though it may hit home buyers

Should Sebi have been less harsh on DLF in order to spare home buyers? No.

Collateral damage: Banks will bear brunt if DLF fails to raise funds via asset sales
Finance

Collateral damage: Banks will bear brunt if DLF fails to raise funds via asset sales

Several large banks have lent to the real estate company, given the top credit rating it enjoys and healthy cash flows

Housewives of DLF: How the spouse factor led to Sebi crackdown
Corporate

Housewives of DLF: How the spouse factor led to Sebi crackdown

While barring realty major DLF, its chairman KP Singh and five other senior executives from capital markets for three years, market regulator Sebi noted the role of three women it refers to as 'housewives' for their role in the matter.

IndiGo likely to place multi-billion dollar aircraft order in early 2015
Corporate

IndiGo likely to place multi-billion dollar aircraft order in early 2015

IndiGo, India's largest airline by market share, could pick up a combination of regional planes that can seat up to 100 passengers, narrowbody aircraft such as the Airbus Group NV A320s that it already operates, and widebody jets for launching medium- to long-haul services

Sebi's clampdown on DLF exposes India Inc's dirty secret about subsidiaries
Corporate

Sebi's clampdown on DLF exposes India Inc's dirty secret about subsidiaries

DLF did succeed in pulling wool over everyone's eyes managing to get Rs 9,000 crore through its IPO and hiding subsidiaries that had contentious land deals on their books.

Sebi ban: DLF stock plummets 27%, wipes out over Rs 6,700 cr investor wealth
Corporate

Sebi ban: DLF stock plummets 27%, wipes out over Rs 6,700 cr investor wealth

Sebi has barred the realty major as well as its six top executives, including chairman and main promoter KP Singh.

Full text: Sebi order barring DLF, six others from capital markets for three years
Corporate

Full text: Sebi order barring DLF, six others from capital markets for three years

In a major blow to DLF, Sebi has barred the realty major as well as its six top executives, from the securities market for three years. Here's the full text of the order.