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Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

TMT

15 November, 2019

Vodafone Idea, Bharti Airtel make total $10 bn loss after provisions for govt dues

Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for ......

Vodafone Idea to seek govt waiver on payments after court ruling

TMT

25 October, 2019

Vodafone Idea to seek govt waiver on payments after court ruling

Loss-making Indian mobile carrier Vodafone Idea will ask the federal government for relief on payments of at least $4 billion ......

Supreme Court upholds govt demand for nearly $13 bn of dues from mobile operators

TMT

24 October, 2019

Supreme Court upholds govt demand for nearly $13 bn of dues from mobile operators

India’s top court on Thursday upheld a demand by the country’s telecoms department that wireless carriers pay 920 billion rupees ......

India govt, Facebook spar over decryption laws at Supreme Court

TMT

22 October, 2019

India govt, Facebook spar over decryption laws at Supreme Court

India's government asked Facebook Inc on Tuesday to help it decrypt private messages on its network, citing national security requirements ......

Back from brink, Amtek faces debt resolution process again as SC orders fresh bids

Manufacturing

25 September, 2019

Back from brink, Amtek faces debt resolution process again as SC orders fresh bids

Two weeks after staying the liquidation of Amtek Auto Ltd, India's top court has allowed lenders of the automobile component ......

Supreme Court stays Amtek Auto's liquidation

Manufacturing

09 September, 2019

Supreme Court stays Amtek Auto's liquidation

The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......

Supreme Court asks NBCC to complete Amrapali's real estate projects

Infrastructure

23 July, 2019

Supreme Court asks NBCC to complete Amrapali's real estate projects

The Supreme Court has ordered state-run NBCC (India) Ltd to take over the unfinished real estate projects of Amrapali Group, ......

Premium
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

Manufacturing

16 July, 2019

Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......

RBI eases stressed assets norms—here's what has changed

Finance

07 June, 2019

RBI eases stressed assets norms—here's what has changed

The Reserve Bank of India on Friday allowed lenders complete discretion to design and implement bankruptcy resolution plans in its ......

What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals

Finance

15 May, 2019

What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals

The definition of “control” of a listed company under the Securities and Exchange Board of India's (SEBI) Takeover Code has ......