Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 20 results found. Search for [ JM Financial ARC ]

Results 1 to 20 of 20
Dipak Mondal
August 15, 2020
The apex court said that the NCLT cannot admit cases of default more than three years (as prescribed by the Limitation Act) before the filing of insolvency application


PTI
New Delhi, February 29, 2020
Reliance had jointly with JM Financial Asset Reconstruction bid for acquiring Alok Industries that was auctioned under the insolvency and bankruptcy law by lenders to recover their unpaid loans


Dipak Mondal
New Delhi, November 25, 2019
Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses


PTI
May 28, 2019



PTI
April 24, 2019



BusinessToday.In
March 14, 2019
The stock opened with a gap up at a gain of 7.39 percent against the previous close of Rs 100.1 and rose almost 10 percent to Thursday's intraday high of 109.90.


BusinessToday.In
March 14, 2019
Last year in April, both Reliance Industries and JM Financial Asset Reconstruction Company submitted the CIRP resolution plan to acquire the debt-ridden textile manufacturer Alok Industries to National Company Law Tribunal (Ahmedabad Bench).


PTI
March 13, 2019



PTI
February 27, 2019
The application has been filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, Hotel Leelaventure said in a filing to BSE.


Dipak Mondal
New Delhi, January 15, 2019
Of the total loan of Rs 1060 crore, SRS Ltd owes Rs 628 crore to State Bank of India, Rs 224 crore to Bank of India and Rs 125 crore to Union Bank of India.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


Dipak Mondal
New Delhi, August 6, 2018
The Insolvency and Bankruptcy Code can lead to huge job losses in the short to medium term as many companies, including some big names, face liquidation.


BusinessToday.In
New Delhi, July 19, 2018
The National Company Law Tribunal (NCLT) gave its approval to the consortium of JSW Steel and AION Investments Private II Limited to acquire cash-strapped Monnet Ispat and Energy Limited on Thursday.


PTI
New Delhi, June 28, 2018
Alok Industries is one of the 12 companies, the so-called dirty dozen', identified by the Reserve Bank of India in May last year for initiating bankruptcy proceedings by lenders


BusinessToday.In
New Delhi, June 23, 2018
RIL-JM Financial ARC was the sole bidder and its initial offer of Rs 4,950 crore in April was rejected by the committee of creditors of Alok Industries on the grounds that it was too low.


PTI
June 4, 2018



BusinessToday.In
April 20, 2018
Alok Industries will soon be heading towards liquidation. The textile company, which did not get any suitable bidder within the 270-day period stipulated under the Insolvency and Bankruptcy Code (IBC), is likely to let go of about 12,000 permanent jobs.


BusinessToday.In
April 16, 2018
RIL-JM Financial ARC was the sole bidder and its initial offer of Rs 4,950 crore on April 12 had reportedly been rejected by 30 per cent of the CoC on the grounds that it was too low.


Anand Adhikari and Mahesh Nayak
July 16, 2015
Several factors are driving this flourishing trade in bad assets. But the biggest trigger came in November 2013 when RBI Governor Raghuram Rajan, in a strongly worded exhortation, asked the banking system to clean up its act.


Mahesh Nayak
March 25, 2015
Private equity funding of asset reconstruction companies will transform the bad loan market, but for that complete control over the acquired assets is a necessity.


PAGES 1 OF 1