Supreme Court
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
TMT
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...
TMT
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...
TMT
Supreme Court upholds govt demand for nearly $13 bn of dues from mobile operators
The Supreme Court on Thursday upheld a demand by the telecom department that wireless carriers pay 920 billion rupees ($12.97...
TMT
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...
Manufacturing
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...
Manufacturing
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 ......
Infrastructure
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, ......
Manufacturing
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 ......
Finance
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...
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