National Company Law Tribunal
Infrastructure
Blackstone gets court nod to buy Hyderabad Trident hotel under insolvency
Private equity giant Blackstone Group Inc. has received court approval to acquire a debt-laden Trident hotel in Hyderabad for...
Finance
An Indian firm enters bankruptcy every four hours, but that's not the only worrying trend
The number of companies dragged into bankruptcy courts jumped over the last two quarters, as creditors pressed the pedal to ......
Consumer
Another VC-backed company faces bankruptcy
Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t...
Manufacturing
Cochin Shipyard set to take over ICICI Venture-backed shipbuilder
State-run Cochin Shipyard Ltd has emerged as the preferred buyer for a debt-laden shipbuilder that counts ICICI Venture as its...
Healthcare
SevenHills Hospitals back on the market after deal with UAE billionaire falls apart
SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......
TMT
Media company Sri Adhikari Brothers dragged into bankruptcy
Sri Adhikari Brothers Television Network Ltd has been admitted into bankruptcy after defaulting on a bank loan. The Mumbai...
General
Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious
Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......
Consumer
Bankers block Haldiram's big-ticket entry into dairy business yet again
Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the...
Consumer
Haldiram's big-ticket move to enter dairy business hits a hurdle
Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...
TMT
Insolvency court admits case against Flipkart but high court orders stay
A tribunal in Bengaluru has ordered to start insolvency proceedings against Flipkart India Pvt. Ltd for a payments default, but...
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