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On Bharti Infratel-Indus Tower merger, the company said that National Company Law Tribunal (NCLT) has given its approval to the deal which is likely to be closed within 30 days

The valuation of these projects including Juhu Galli project and Irla project are about Rs 43,879 crore that to at a 15 per cent lesser market value

The move to revive and operate the airline comes after the carrier had to suspend operations due to acute fund crunch an year ago

If NCLT allows, Kalrock Capital and Murari Lal Jalan would have to take the airline off the ground again at a time when the aviation industry globally is in financial distress due to the pandemic

In November last year, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings

Resolution professional Ashish Chhawchharia is in the process of filing an application to secure NCLT's approval for the resolution plan by Kalrock Capital-Murari Lal Jalan combine

Pre-packs are popular in many countries as an alternative to lengthy insolvency processes as they are faster, cheaper and are done with statutory sanctioning

Whether the ensuing corporate tussle between the Tata Group and the SP Group will see the SC uphold the rights of a shareholder to pledge their shareholding or from being forced out by the majority, remains to be seen

In order to ensure timely completion of IBC, out of court settlement needs to be encouraged, and the NCLT, NCLAT infrastructure needs to be strengthened

The key findings of the report by Grant Thornton allude to hundreds of fictitious loan accounts, demand for recoveries amounting to Rs 14,046 crore, and deposits routed through an imaginary entity in Bandra

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

Sources also denied reports that the holding company has reached out to several investors, including sovereign wealth funds, to raise funds to buy out the Mistry family's stake in Tata Sons

Majority of the claims were submitted by financial creditors having corporate guarantee or charge on shares of special purpose vehicles

Mistrys have agreed to sell their stake and Tata Sons' laywer has informed the apex court of his client's intent to buy; the question is whether Tatas can buy the share at such a high valuation

It essentially consists of two different compartments, the first one consists of 48 amendments all of which aim at decriminalisation and related matters, said Sitharaman

CBI has named Kwality Ltd's ex-promoter Sanjay Dhingra, and other company executives in the case

A new research paper by former RBI Governor Raghuram Rajan and former deputy Governor Viral Acharya talks about a range of issues including management of bad loans, winding up of the Financial Services Department in the Finance Ministry and reforms in public sector banks

Former Reserve Bank of India Governor Raghuram Rajan and former Deputy Governor Viral Acharya opine that the first step to deal with bad loans is an honest recognition of loan losses

Supreme Court says Delhi High Court can take up issue on October 6 and state-owned lender can also seek removal or modification of stay order