Bandhan Bank To Call A Meeting For The Approval Of Merger
The National Company Law Tribunal (NCLT) has directed Bandhan Bank to call a meeting of its equity shareholders to rubber-stamp the proposed merger with Gruh...
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Tata Motors, Jet in Focus, Market Might Bob
Ahead of Futures and Options (F&O) expiry of June series next week, Indian markets are likely to be volatile while global cues are mixed. However,...
PNB Booked Loss This Quarter, CEO Sunil Mehta Explained The Cause
Punjab National Bank (PNB) slipped into the red, incurring net losses of Rs 4,750 crore in the January-March quarter, after posting a net profit of...
Rs 500 Cr In Fresh Bid Offered By Adani Group For Jaypee Infratech
The Adani group is back on that bull for debt-ridden Jaypee Infratech by making a non-binding offer of Rs 500 crore as upfront payment to...
InterGlobe Aviation, Indigo Skids 9%
On Thursday, shares of InterGlobe Aviation, Indigo dropped 8.8 percent to close at Rs 1,466.60 on the BSE, amid reports of the fissure between the...
RCom's Bankruptcy Proceedings Begin; Next Hearing On May 30
The National Company Law Tribunal Thursday allowed Reliance Communications (RCom) to exclude the 357 days spent in litigation and admitted it for insolvency. RCom, which...
ArcelorMittal Opposed By Essar Steel Promoter Once Again
Essar Steel Asia Holdings Ltd., a promoter of Essar Steel Ltd., has approached the National Company Law Appellate Tribunal opposing a bid by ArcelorMittal to...
Banks Put Up Rs 1.3 Lakh Crore Of Bad Loans On Sale To ARCs
Banks have piled up nearly Rs 1.3 lakh crore of bad loans for sale to asset reconstruction firms (ARC) in the last fiscal, amid delays...
ITC Wants To Know First If LeelaVenture Appeals For Relief
In Bombay High Court, ITC has filed a petition asking to be heard first, and Hotel Leelaventure should approach it for relief in the case...
Anil Ambani Asked By NCLAT To Reply On HSBC Daisy’s Contempt Plea
The National Company Law Appellate Tribunal has sought a response from Reliance Group Chairman Anil Ambani within 10 days on a contempt plea filed against...