Coffee Day Enterprises Defaults on Rs 263 Crore Payments
Coffee Day Enterprises said it has Rs 518 crore of debt, including both short and long-term, and that it has defaulted on about Rs 263...
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NBCC, Suraksha Group Submit Revised Bids to Acquire Jaypee Infratech
State-owned NBCC and Mumbai-based Suraksha group have submitted their revised bids to acquire debt-laden Jaypee Infratech through an insolvency process, as per the direction of...
Delhi HC Stays Order Restraining Future-RIL Deal
The Delhi high court on Monday stayed the single judge order restraining Future Retail’s Rs 24,713 crore deal with Reliance Industries to sell its retail...
Amazon Accused of Race-Gender Bias in Workplace
A lawsuit filed in US federal court on Monday accused Amazon of keeping women and Black employees down while publicly talking up the need for...
GameStop’s CFO Set to Leave with $30 Million Package
Jim Bell, the GameStop Corp. finance chief who is being pushed out after less than two years on the job, won’t be leaving empty-handed. The executive will...
SEBI Bans Future CEO Kishore Biyani in Insider Trading Case
Sebi has banned Future Group founder Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Ltd (FCRL) from accessing the securities market for one year for...
SEBI Gives Nod to RIL-Future Group Deal
The Securities and Exchange Board of India (SEBI) on Wednesday granted approval to the deal between Kishore Biyani-led Future Group and Reliance Retail, an arm of Mukesh Ambani-led RIL.Biyani...
Bharti Infratel Decides to Merge Towers with Indus
In the board meeting held on Monday, Bharti Infratel said that the company had decided to proceed with the Scheme of Arrangements for merging its towers with...
Bharti Infratel Decides to Merge Towers with Indus
In the board meeting held on Monday, Bharti Infratel said that the company had decided to proceed with the Scheme of Arrangements for merging its towers with...
Kotak Halts Bid for Altico as India Struggles With Banking Crisis
Altico Capital India Ltd. is one of the latest caught up in India’s shadow banking crisis which was started in 2018. Kotak Investment Advisors Ltd....