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PTI
May 19, 2019
Debt-ridden Essar Steel has registered an EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 4,229 crore during its Corporate Insolvency Resolution period (over 600 days)


PTI
May 17, 2019



PTI
May 17, 2019



PTI
New Delhi, May 17, 2019
Hearing a plea by IDBI Bank, seeking a stay or annulment of the voting process, a three-member bench of the NCLAT asked the lenders to conduct a fresh voting from May 31


PTI
May 17, 2019



PTI
May 17, 2019



PTI
May 16, 2019
The Committee of Creditors (CoC) submission before a National Company Law Appellatre Tribunal (NCLAT) implied that only Rs 39,500 crore would be available for distribution among the financial creditors and operational creditors


PTI
May 16, 2019



PTI
New Delhi, May 16, 2019
Majority of homebuyers are likely to vote in favour of the NBCC's bid but many also fear that lenders may reject it as they do not want to take up to 60 per cent hair-cut against their claim of Rs 9,782 crore


PTI
May 16, 2019



PTI
New Delhi, May 16, 2019
It has alleged ArcelorMittal chairman and chief executive officer LN Mittal has suppressed vital facts that would otherwise render him ineligible to offer a buyout plan for the distressed steel mill under Section 29A of the Insolvency and Bankruptcy Code


PTI
May 15, 2019



PTI
May 14, 2019
To a poser, whether he came to derail the resolution plan, Sibal said \"No. I have come here for Rs 2,500 crore (for SCB) and discrimination\"


PTI
May 14, 2019



PTI
May 14, 2019



PTI
May 14, 2019



PTI
May 14, 2019



PTI
May 14, 2019



BusinessToday.In
New Delhi, May 14, 2019
Amazon rolls out machines that box customers orders and replace thousands of jobsIn a latest example of machines replacing humans, Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item. Amazon has considered installing two machines at d...


PTI
May 13, 2019



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