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The new accounting standards will change the way assets and liabilities are recorded under such agreements, potentially upsetting loan covenants.

HMSI is facing a production loss of 20% at its Tapukara plant in Rajasthan’s Alwar district, where a section of workers is on strike for past 10 days.

The carrier, its Malaysian shareholder’s joint venture with Tata Sons, posted a net loss of 23.4 million Malaysian Ringgits (Rs 38.2 crore).

Sebi has sought details about the agreement entered between Vijay Mallya, USL and Diageo to look at whether it was part of the original purchase price.

Under the offer, a retail investor can earn up to 7.69 per cent by subscribing to 15-year bonds before the government stops allocating such securities.

The move is expected to help the country save thousands of crores of rupees annually in fuel consumption and speed up freight. The measure will help reduce congestion at toll gates and curb malpractices.

Finance leaders from the world’s 20 major economies on Saturday call for using every possible measure to improve market stability and prop up sagging global growth. The post G-20 finance chiefs eye market stability at two-day meeting in Shanghai appeared first on The Japan Times.

Japanese people already store an enormous amount of cash in their homes, and this trend is only likely to increase in the wake of recent developments. The post Uncertainty over negative interest and My Number may spur Japanese to stash more cash at home appeared first on The Japan Times.

The leaders of Sharp Corp. and Hon Hai Precision Industry Co. have agreed to extend the deadline for the Taiwanese firm’s takeover deal beyond Monday. The post Sharp, Hon Hai chiefs to extend deadline appeared first on The Japan Times.

A U.S. appeals court on Friday handed Samsung a win over Apple in a long-running patent fight, overriding a jury verdict ordering it to pay $119.6 million to the iPhone maker. The court ruled that two Apple patents at issue were not valid, according to a copy of the decision ...