bankruptcy
TMT
RCom a step closer to completing asset sale as tower unit settles with PE backers
Industrialist Anil Ambani-led Reliance Communications Ltd said on Tuesday unit Reliance Infratel Ltd has reached a settlement with its minority ......
General
Cabinet clears tweaks to bankruptcy code; home buyers, SMEs may get relief
The union cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code (IBC), bringing changes widely expected to help ......
General
Four years of Modi govt: What worked, what didn't and what still can
On 26 May, Prime Minister Narendra Modi completes four years as the head of India’s first majority government since 1984. ......
Manufacturing
Stressed assets: Tata Steel buys Bhushan Steel; Jaypee, Tecpro face fraud charges
The National Company Law Tribunal’s various branches are monitoring several hundred cases of stressed assets. In the second of a ......
Manufacturing
Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House
A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......
Infrastructure
Dalmia Bharat says Binani Inds, UltraTech acting together for Binani Cement deal
Conglomerate Dalmia Bharat, with presence in cement, on Tuesday wrote to the bankruptcy resolution professional (RP) and committee of creditors ......
Infrastructure
NCLT reserves order in Binani Cement insolvency case
The Kolkata bench of the National Company Law Tribunal (NCLT) on Tuesday reserved its order in the case of Binani ......
Consumer
Reliance Industries, JM Financial ARC bid jointly for Alok Industries
Reliance Industries Ltd said on Thursday it has submitted a joint bid, along with JM Financial Asset Reconstruction Co. Ltd, ......
Manufacturing
Tata Steel named selected bidder to acquire Bhushan Steel
Tata Steel Ltd's planned acquisition of bankrupt Bhushan Steel Ltd has moved a step closer as the latter's creditors have ......
Manufacturing
UltraTech inks $1.1 bn pact with Binani Cement's parent challenging Dalmia bid
UltraTech Cement Ltd has agreed to provide Rs 7,266 crore ($1.1 billion) to the parent of Binani Cement Ltd, queering ......
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