Pawan K Ruia owned Jessop & Co seeking approval of its decision to close its operations. One of the oldest companies in India, Jessop & Co, is controlled by Pawan K, Ruia.
Legal & Regulatory
American Airlines, US Airways Group need to divest to get merger approval- source
US antitrust regulators would like American Airlines and the US Airways Group to agree to concessions before giving their stamp of approval for the merger.
Fed's Fisher calls out government
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
KT Corp CEO offers resignation after raid
KT Corp said the mobile operator's CEO Lee Suk Chae offered to resign from his post after a raid was conducted on the firm's headquarters and his home.
SAC Capital Advisors to give guilty plea, pay USD 1.8 billion fine for securities fraud- report
A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.
Latest News
Odisha Industries Federation Vice Chairman for the South Zone Rajendra Kumar Mishra filed memoranda with government to intervene and grant tax holidays and moratorium on bank payments.
Embraer under fire for corruption charges in the Dominican Republic. American and Brazilian authorities are determining whether Embraer SA had bribed Dominican Republic officials for the grant of a USD90 million contract for attack planes for the country's armed forces.
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.
Analysts who were quoted at Reuters anticipated the effects stemming from the US Federal Reserve's moves after the government shutdown.
A lawsuit was filed by LightSquared against manufacturers of its GPS equipment for broken promises as to the capacity of the machines.
PricewaterhouseCoopers is set to assess the 'gogreen' policy and its implementation in the Indian telecommunications industry.
Major banking institutions including JPMorgan Chase might have predicted the direction of the probe conducted by the Financial Conduct Authority in Britain.
A suit was filed in New Jersey District Court against Actavis by Ranbaxy Laboratories for its attempt to produce a generic version of Absorica.
Recovery measures such as arbitration, negotiation and litigation are the means that MMG would recover due amounts receivable.
