bankruptcy
Infrastructure
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
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
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 ......
Infrastructure
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
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
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
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
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
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
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...
