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Banyan Tree Capital-backed firm wins case against Baring PE Asia portfolio company

Manufacturing

25 October, 2017

Banyan Tree Capital-backed firm wins case against Baring PE Asia portfolio company

In a major relief to a Banyan Tree Growth Capital Ltd-backed firm, the National Company Law Tribunal has dismissed a ......

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StanChart PE-backed Innoventive Industries challenges liquidation process

Manufacturing

16 October, 2017

StanChart PE-backed Innoventive Industries challenges liquidation process

Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National ......

Religare's institutional investor moves law tribunal, seeks dissolution of board

Finance

14 September, 2017

Religare's institutional investor moves law tribunal, seeks dissolution of board

Weeks after the Supreme Court restrained promoters of Fortis Healthcare Ltd from selling their stake in the hospital chain, brothers ......

Ericsson drags RCom, two units to bankruptcy court

TMT

13 September, 2017

Ericsson drags RCom, two units to bankruptcy court

Ericsson India Pvt. Ltd has approached the Mumbai bench of the National Company Law Tribunal against three Anil Ambani-promoted companies, ......

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Promoters of Vadilal ice cream decide to settle family feud out of court

Consumer

17 August, 2017

Promoters of Vadilal ice cream decide to settle family feud out of court

The warring promoters of the country’s oldest ice cream brand Vadilal have decided to settle the family feud out of ......

NCLT dismisses Ericsson's opposition to RCom-Aircel merger

TMT

14 August, 2017

NCLT dismisses Ericsson's opposition to RCom-Aircel merger

The National Company Law Tribunal has set aside the objection raised by Ericsson India Pvt. Ltd, an operational creditor to ......

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Vikram Bakshi gets a thumbs-up; McDonald's told to reinstall ousted India MD

People

13 July, 2017

Vikram Bakshi gets a thumbs-up; McDonald's told to reinstall ousted India MD

Vikram Bakshi, who was removed by McDonald’s Corp as the head of its India joint venture four years ago, has ......

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Rabobank to merge India units, focus on M&A advisory

Finance

07 July, 2017

Rabobank to merge India units, focus on M&A advisory

Dutch food and agriculture financing conglomerate Rabobank UA has decided to consolidate its operations in India to focus more on ......

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General Atlantic-backed logistics firm faces liquidation for loan default

Infrastructure

02 May, 2017

General Atlantic-backed logistics firm faces liquidation for loan default

In a major blow to Mumbai-based Fourcee Infrastructure Equipments Pvt Ltd, the Bombay High Court has directed an official liquidator ......

NCLT dismisses waiver plea filed by Cyrus Mistry-owned firms

Finance

17 April, 2017

NCLT dismisses waiver plea filed by Cyrus Mistry-owned firms

In a jolt to former Tata group chairman Cyrus Mistry, the National Company Law Tribunal (NCLT) has dismissed a plea ......

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