Consumer
SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh
The Securities and Exchange Board of India (SEBI) has ordered Hotel Leelaventure Ltd to seek shareholder approval for a multi-million-dollar...
Infrastructure
Supreme Court asks NBCC to complete Amrapali's real estate projects
The Supreme Court has ordered state-run NBCC (India) Ltd to take over the unfinished real estate projects of Amrapali Group, ......
Manufacturing
Supreme Court orders status quo on Essar Steel's sale to ArcelorMIttal
The Supreme Court on Monday put on hold the sale of debt-laden Essar Steel to ArcelorMittal for Rs 42,000 crore. A ......
Infrastructure
IL&FS inches closer to selling wind energy assets to Orix
Infrastructure Leasing & Financial Services Ltd (IL&FS) has received approval from a court-appointed judge to sell its...
General
Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions
The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution period to 330 days and...
Infrastructure
Suzlon Energy defaults again, says working on debt resolution
Wind-turbine maker Suzlon Energy Ltd has defaulted on the payment of foreign currency convertible bonds (FCCBs) worth $172 million...
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
Infrastructure
Greenko Energy raises $329 mn more from GIC, ADIA
Renewable energy major Greenko Energy Holdings has raised an additional $329 million (Rs 2,255 crore) from existing investors...
Finance
IFC offers $150 mn in debt funding to RBL Bank
International Finance Corporation will provide $150 million (Rs 1,028 crore) in the form of a five-year senior loan to private-sector...
Manufacturing
Adhunik Metaliks goes into liquidation as Liberty House fails to pay up
The National Company Law Tribunal (NCLT) has ordered the liquidation of Adhunik Metaliks Ltd and unit Zion Steel after the ......
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