Evergrande Files for Bankruptcy Protection in a US Court
The poster child of China’s property crisis, Evergrande Group, has filed for bankruptcy protection in a US court. The world’s most heavily indebted property developer...
Author : Ali Waghbakriwala
NCLAT Asks Jalan-Karlock Consortium To File for an Application Over Payment Terms
Jalan-Kalrock Consortium (JKC) has been asked by the National Company Law Appellate Tribunal (NCLAT) to file an application within 24 hours, which explains the manner...
Haryana Government Nods on Acquiring 349 Acres of Panchayat Land for Indian Oil Corporation Ltd Refinery
The government of Haryana has approved acquiring 349 acres of panchayat land of three adjoining villages, Bal Jattan, Asan Kalan, and Khandra, for Indian Oil...
Lupin Acquired Ondero & Ondero – Met for Rs 235 Crore
On Friday, 18 August, the Global pharma major Lupin Limited announced that it has acquired Ondero & Ondero – Met, a German brand from Boehringer...
Share of South Indian Bank Jump 10% on Block Deal; New CEO and MD Appointed
On 18 August, the shares of South Indian Bank opened in green after the RBI approved the appointment of PR Seshadri as the MD of...
Lancor Holdings Locked at a 5% Upper Circuit on 1:2 Bonus Share
Shares of the real estate company Lancor Holdings were locked on a 5% upper circuit during the early morning intraday on 18 August after the...
GMM Pfaudler Inc Sells 13.56% Stake Via Block Deal; Shares hit 52-Week Low
On 18 August, shares of GMM Pfaudler tanked 11% and reached a 52-week low of Rs 1,376 during the early trading hours following the report...
NLC Enters into a Long-Term Power Agreement with Rajasthan Government; Shares Rally 3%
NLC India has inked a long-term pact with Rajasthan Urja Vikas Nigam to supply 300 megawatts (MW) of solar power to the state of Rajasthan...
Future Retail Files Application Before NCLT Against Kishore Biyani; Shares Tanks at 4.5%
The Future Retail’s resolution professional (RP) filed an application before NCLT (National Company Law Tribunal) against Kishore Biyani and all his eight brothers for their...
SJVN Signs an Agreement with Punjab to Supply 1,200 MW Solar Power
The state government of Punjab has signed a power purchase deal with Sutlej Jal Vidyut Nigam (SJVN) to supply 1,200 megawatts (MW) of solar power....
