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Jet Airways lenders make fourth attempt to sell grounded carrier

General

13 May, 2020

Jet Airways lenders make fourth attempt to sell grounded carrier

Lenders to Jet Airways (India) Ltd have decided to invite fresh bids from potential investors in their fourth attempt to ......

NCLT approves CarVal's bid for Uttam Value Steels

Manufacturing

04 May, 2020

NCLT approves CarVal's bid for Uttam Value Steels

The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium of CarVal Investors and UK-based ......

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Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier

Infrastructure

17 April, 2020

Jet revival prospects worsen as coronavirus prompts suitor to reconsider boarding carrier

Revival prospects for Jet Airways have worsened exactly a year after the carrier operated its last flight as coronavirus has ......

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

As airlines battle virus turmoil, Jet Airways gets time till June to find buyer

Infrastructure

18 March, 2020

As airlines battle virus turmoil, Jet Airways gets time till June to find buyer

A bankruptcy court has extended the time to find a buyer for Jet Airways (India) Ltd even as the coronavirus ......

Jet Airways lenders seek two more months for insolvency resolution

Infrastructure

13 March, 2020

Jet Airways lenders seek two more months for insolvency resolution

With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two ......

Jet Airways gets no bids, almost certain to be liquidated

Infrastructure

11 March, 2020

Jet Airways gets no bids, almost certain to be liquidated

Bankrupt carrier Jet Airways (India) Ltd has failed to attract any buyer and is likely to be sent for liquidation ......

As Adani lumbers towards Dighi Port acquisition, promoter cries foul

Infrastructure

06 March, 2020

As Adani lumbers towards Dighi Port acquisition, promoter cries foul

The bankruptcy tribunal has okayed Adani Ports and Special Economic Zone Ltd’s resolution plan for debt-laden Dighi Port Ltd while ......

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

Healthcare

04 March, 2020

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......

IVRCL gets bid for sale of company as going concern under liquidation

Infrastructure

04 March, 2020

IVRCL gets bid for sale of company as going concern under liquidation

Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......