NCLT
TMT
Creditors okay Mukesh Ambani, UV ARC's resolution plans for R-Com, subsidiaries
A creditor panel led by the State Bank of India has okayed the bankruptcy resolution plans of Mukesh Ambani-owned Reliance ......
Finance
Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm
Fugitive diamantaire Nirav Modi's firm Firestar Diamond International Pvt. Ltd is set to be liquidated after the Mumbai bench of ......
Finance
Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech
The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire debt-ridden ......
Manufacturing
Amtek creditors accept US hedge fund's offer, to take deep haircut
The creditors of automobile component maker Amtek Auto Ltd have okayed a bankruptcy resolution plan proposing around 80% haircut submitted ......
General
Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy
Canada Pension Plan Investment Board (CPPIB) has emerged as front runner to acquire toll roads developer Ashoka Concessions at an ......
Manufacturing
Everstone, TVS Capital-backed wind turbine firm in the NCLT dock
A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency ......
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 ......
Finance
Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT
The bankruptcy tribunal has ordered proceedings against Aviva Life Insurance in a case by Apeejay Trust for failure to pay ......
Infrastructure
Mumbai developer Lokhandwala goes bust, felling skyscraper plans with Shapoorji
Lokhandwala Infrastructure Pvt. Ltd is the latest to go bust, its bankruptcy spoiling plans to complete the 90-floor iconic Minerva ......
Infrastructure
R-Com's undersea cable unit files for bankruptcy in US
Global Cloud Xchange (GCX), an arm of Anil Ambani-owned debt-laden Reliance Communications Ltd, has voluntarily filed for bankruptcy in the ......
