PFC Receives Shareholders Approval To Raise Rs. 65000 Crores
State-owned Power Finance Corporation (PFC) announced that it has received its shareholders’ approval for raising up to Rs. 65,000 crores through the issuance of debentures...
Tag : NCLT
ICICI Bank Moves To NCLT Against Jaiprakash Associates
ICICI Bank has filed insolvency petition against Jaiprakash Associates before the National Company Law Tribunal (NCLT). The Allahabad bench of NCLT has asked ICICI bank...
IFCI Reports A Net Loss Of Rs. 341 Crores For The Q1 FY19
Infrastructure sector lender IFCI Limited (previously Industrial Finance Corporation of India) reported a standalone net loss of for the June-end quarter of the current fiscal...
Union Bank Of India Moves NCLT Against Gammon India Ltd
Union Bank of India (UBI) has reached the bankruptcy court, National Company Law Tribunal (NCLT) against Gammon India Limited, an infrastructure and engineering company, for...
Idea Completes Its Merger With Vodafone And Begins Operation
Idea and Vodafone made a joint announcement regarding the completion of their merger as the two telecom giants got the clearance from the National Company...
Dalmia Bharat Posts A Strong Q1 Result
One of the largest cement manufacturer in India, Dalmia Bharat, posted a strong quarterly result with total revenue amounting to Rs. 2368 crores, a 16%...
NCLT gives nod to JK Paper’s bid for Sirpur Paper Mills
NCLT has given approval to JK Papers Rs.371 crore bid for Sirpur Paper Mills, under the insolvency resolution process. In a BSE filing JK Paper stated,...
NCLT gives approval to Tata Steel’s bid for Bhushan Steel
The National Company Law Tribunal (NCLT) has given approval to Tata Steel’s bid for Bhushan Steel. The tribunal has rejected a plea filed by the employees...
Bhageria Industries gets approval from NCLT for amalgamation scheme
Bhageria Industries has received approval from National Company Law Tribunal (NCLT), for scheme of amalgamation of Nipur Chemicals with the company. Bhageria Industires and Nipur Chemicals have filled...
Navkar Corporation gets NCLT nod for amalgamation of Navkar Terminals
Navkar Corporation has received green signal from NCLT, for amalgamation of Navkar Terminals with the company. Navkar Terminals is the wholly owned subsidiary of the...