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PTI
October 1, 2018



BusinessToday.In
October 1, 2018
The government on Monday said an Serious Fraud Investigation Office (SFIO) investigation has been ordered into the affairs of IL&FS and its subsidiaries.


PTI
October 1, 2018



BusinessToday.In
New Delhi, October 1, 2018
The Sensex opened on a strong note at 36,274.25 but soon fell on concerns surrounding the NBFC space and the commercial paper market.


PTI
October 1, 2018



PTI
October 1, 2018



BusinessToday.In
October 1, 2018
The Mumbai bench of  National Company Law Tribunal (NCLT) on Monday found favour with government's arguments to oust the current board of Infrastructure Leasing & Financial Services (IL&FS).


PTI
October 1, 2018



PTI
New Delhi, October 1, 2018
Sources close to IL&FS said it is likely to support the application as it will help resolve all the pending issues and reach at a comprehensive solution for the benefit of all stakeholders.


BusinessToday.In
October 1, 2018
The government on Monday moved the NCLT, seeking suspension of the entire board of debt-laden IL&FS and to appoint 10 new directors with Uday Kotak as non-executive chairman of IL&FS Board.


PTI
October 1, 2018



PTI
September 28, 2018



Dipak Mondal
New Delhi, September 28, 2018
Anil Kohli, the liquidator appointed by the committee of creditors (CoC), told  Business Today that the efforts are on to liquidate the company.


BusinessToday.in
New Delhi, September 26, 2018
Paytm parent One97 Communications has moved insolvency court against Reliance Telecom citing non-payment of dues.


PTI
New Delhi, September 25, 2018
It has been alleged that ArcelorMittal had 32 and 29 per cent stakes in KSS Petron and Uttam Galva respectively and it had exited from them after selling the stakes before submitting the resolution plan to take over the Essar Steel.


PTI
New Delhi, September 25, 2018
In the beginning of this year, the country's largest lender State Bank of India (SBI) had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.


BusinessToday.In
September 21, 2018
Alleging financial mismanagement in the Omaxe Group, Sunil Goel, the second largest promoter and shareholder of the company, has filed a legal petition against Rohtas Goel, Chairman & Managing Director of Omaxe Ltd for alleged malpractices and financial fraud.


PTI
New Delhi, September 18, 2018
Daiichi Sankyo, which has filed an intervention application in the insolvency plea filed by HDFC Bank, said they have a decree to recover money against RHC Holding.


Prosenjit Datta
New Delhi, September 17, 2018
Over the next few years, a number of entrepreneurs, who had shot to prominence over the past decade and a half, will either have lost their entire businesses or will see their empires shrink dramatically in size, after losing many of their companies.


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


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