BUSINESS

BUSINESS

NCLT rejects bankruptcy petition against Noida Metro Rail Corporation, know what is the whole matter

National The Company Law Tribunal (NCLT) rejected the insolvency petition filed by Empire Transport Services Limited against Noida Metro Rail Corporation (NMRC). NCLT observed that there is already an ongoing dispute between the two parties regarding service quality, contractual obligations and payment deductions. The Allahabad bench of NCLT rejected the plea to initiate corporate insolvency

BUSINESS

“India-US trade agreement will be finalized only after completion of Section 301 investigation”, process to be completed by July 24

America The first phase of the trade agreement (BTA) between India and America can be finalized only after the investigation under Section 301 is completed. A government official gave this information on Monday. The official said that if America wants to impose any additional tariff on India, then it will have to complete the investigation

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