The Insolvency and Bankruptcy Board of India (IBBI) has said that it did not find any contradiction in approvals of resolution for Essar Steel and Binani Cement in the context of “value maximisation”. The Ahmedabad bench of National Company Law Tribunal (NLCT) has approved the ArcelorMittal’s Rs 42,000 crore resolution plan, rejecting the Ruias settlement offer of Rs 54,389 crore.

The rupee appreciated 15 paise to 69.99 against the US dollar Monday on weakening greenback, fresh foreign inflows and higher opening of domestic equities.

In its previous session Friday, the rupee edged 14 paise lower to close at 70.14. On a weekly basis, however, the domestic currency logged 78 paise gains.

The expert committee under the central government that was to look into compensation for patients affected by faulty hip implants of Johnson & Johnson (J&J) has asked a compensation of Rs 74 lakh to be paid to the first patient. Central drug regulator Central Drugs Standard Control Organisation (CDSCO) has directed J&J to pay the compensation amount within 30 days.

The Jammu and Kashmir administration extended the date of depositing the second instalment of arrears of the old tax regime under an amnesty scheme till March end, an official spokesperson said on Saturday.

On a request from various stakeholders, the state administrative council, led by Governor Satya Pal Malik, decided on Friday to extend the date of depositing the second instalment up to March 31, so that the inconvenience faced by the dealers in depositing their instalment is addressed.

Prime Minister Narendra Modi on Saturday inaugurated the 6.6-km Noida City Centre-Noida Electronic City section, an extension of the Delhi Metro's Blue Line in the neighbouring city.

The prime minister inaugurated the facility during an event held in Greater Noida.

India’s seniormost player Mahendra Singh Dhoni will be “rested” for the final two ODIs of the ongoing series against Australia and Friday’s match here could well be his last international outing on home soil.

“We will have some changes in the last two games. Mahi will not be playing in the last two games. He will be taking rest,” India’s assistant coach Sanjay Bangar told mediapersons after the match.

The United Kingdom’s Home Secretary has referred India’s request for the extradition of multi-crore Punjab National Bank fraud case fugitive Nirav Modi to a court there for initiating legal proceedings against him, according to a senior Enforcement Directorate official.

“Our extradition request was pending consideration with the UK’s Home Secretary for the last over seven months. We have learnt that it was referred to the court concerned a couple of days ago. Both the Enforcement Directorate and the Central Bureau of Investigation had moved the requests in July-August last year,” said the official.

Prime Minister Narendra Modi Friday launched a blistering attack on the opposition for raising questions over the air strikes on the Balakot terror camp in Pakistan, even as he asked state governments to act tough on those who target Kashmiris.

Addressing a public meeting in Kanpur and on Twitter he called those who assaulted two Kashmiri traders in Lucknow "crazed people", using the Hindi term sirphirey log for them.

The Election Commission is expected to announce schedule for the Lok Sabha elections today, several media reports said. The elections are likely to be spread over 7-8 phases in April-May. The term of the 16th Lok Sabha ends on June 3.

According to a report in The Indian Express, the poll body is in the final stages of completing its logistical preparations for holding elections. It added that schedule could be announced as early this weekend or by early next week.

Amid claims by Pakistan government that it has seized the headquarters of Hafiz Saeed led Jamaat-ud-Dawa (JuD) in Lahore, India on Saturday said Islamabad should show 'nayi soch' with 'naya action' against terrorist groups and cross border terrorism.

Mumbai terror attack mastermind Hafiz Saeed was barred by Pakistan's Punjab provincial government from delivering the Friday sermon at JuD headquarters in Lahore, where a government-appointed cleric led prayers and delivered the weekly sermon. The government of Pakistan's Punjab province had taken over the mosque as part of a crackdown on the terror group.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.