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Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

Finance

Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big ...

Aircel lenders approve UV ARC's bid, to get less than 1% of dues

TMT

Aircel lenders approve UV ARC's bid, to get less than 1% of dues

Delhi-based UV Asset Reconstruction Company Ltd has received approval of the lenders to Aircel Ltd ...

Ericsson drags RCom, two units to bankruptcy court

TMT

Ericsson drags RCom, two units to bankruptcy court

Ericsson India Pvt. Ltd has approached the Mumbai bench of the National Company Law Tribunal against...

NCLT dismisses Ericsson's opposition to RCom-Aircel merger

TMT

NCLT dismisses Ericsson's opposition to RCom-Aircel merger

The National Company Law Tribunal has set aside the objection raised by Ericsson India Pvt. Ltd, an ...