National Company Law Tribunal
Manufacturing
With eye on Essar Steel, Japan's Nippon Steel keen to boost India presence
Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp sees India as the most promising market and wants to become...
Infrastructure
Can power producers attract enough buyers to revive stressed projects
Last week, the Supreme Court provided some respite to debt-laden power companies when it refused to stop a lower court ......
Finance
How PE funds, foreign banks are changing tack in battle for stressed assets
When Indian authorities started cracking down on banks’ bad loans two years ago, several private equity firms and stressed...
General
Blackstone eyes realty assets of Singh brothers; ARCs circle Reid & Taylor
Private equity giant Blackstone Group is in advanced negotiations with Fortis Healthcare’s former promoters Malvinder ......
General
Two years on, how effective has the bankruptcy law really been?
On Monday, nearly two dozen Indian lenders inked a pact that may help expedite the resolution of bad loans. Meanwhile, the...
Manufacturing
JSW-AION consortium gets NCLT nod to acquire Monnet Ispat
The National Company Law Tribunal on Thursday approved the sale of bankrupt metals firm Monnet Ispat & Energy Ltd to ......
Manufacturing
NCLT approves sale of Sirpur Paper Mills to JK Paper
The National Company Law Tribunal on Thursday approved a proposal by paper manufacturer JK Paper Ltd to take over the ......
Finance
Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?
Indian banks are sitting on a mound of toxic loans--a Rs 10 trillion hazard that could swallow large chunks of ......
People
NCLT dismisses Cyrus Mistry's petition against Tata Sons
The National Company Law Tribunal (NCLT) on Monday dismissed a petition by former Tata Sons chairman Cyrus Mistry who had ......
Manufacturing
Alok Industries' lenders approve resolution plan by RIL, JM Financial ARC
A committee of creditors tasked with examining a bankruptcy resolution plan for textiles company Alok Industries Ltd has approved an ......
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