bankruptcy

Tribunal annuls voting by Jaypee Infratech creditors on NBCC's takeover bid

Infrastructure

17 May, 2019

Tribunal annuls voting by Jaypee Infratech creditors on NBCC's takeover bid

The National Company Law Appellate Tribunal (NCLAT) on Friday annulled voting by Jaypee Infratech Ltd' committee of creditors...

Finance

16 May, 2019

Bank of India to sell stressed assets worth $4.3 bn to ARCs

Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange...

Consumer

15 May, 2019

Sadananda Maiya-backed firm set to take over Maiyas Beverages

A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......

Premium

Infrastructure

14 May, 2019

NCLT clears JNPT's plan to acquire Dighi Port, rejects Adani plea

A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi...

TMT

09 May, 2019

NCLT starts bankruptcy process for Reliance Communications

The National Company Law Tribunal (NCLT) on Thursday admitted Reliance Communications Ltd (RCom) for insolvency and allowed it...

Infrastructure

06 May, 2019

India govt sees little scope for Jet Airways revival

India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials...

Infrastructure

01 May, 2019

NBCC gets govt backing for revised offer to take over Jaypee Infratech

State-owned NBCC (India) Ltd said on Wednesday it has received the government's approval for its revised offer to take over...

Manufacturing

01 May, 2019

ABG Shipyard heads to junkyard as NCLT orders liquidation

A bankruptcy court has ordered liquidation of debt-laden ABG Shipyard Ltd after lenders rejected an offer by the sole bidder ......

Finance

30 April, 2019

RCom opts to resume insolvency process, withdraws plea against NCLT order

Anil Ambani-led Reliance Communications Ltd (RCom) on Tuesday withdrew its petition challenging an order of the National Company...

Finance

29 April, 2019

NBCC asks Jaypee Infratech's resolution professional to consider takeover bid

State-owned NBCC (India) Ltd, formerly National Buildings Construction Corporation Ltd, has asked the interim bankruptcy resolution...

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