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Total 97 results found. Search for [ Operational Creditors ]

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PTI
August 10, 2018
The appellate tribunal also rejected the claims of engineering and construction major L&T, an operational creditor of Bhushan Steel Ltd, opposing Tata Steel's resolution plan seeking a higher priority in debt resettlement.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


Anand Adhikari
New Delhi, August 6, 2018
It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.


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 25, 2018
A Boston Consulting Group report reveals that economies like US, UK, Singapore, Hong Kong, Germany and Japan have a recovery rate of 80% and a resolution time frame of under one-and-half years. India has posted a sub-par recovery rate of 26.4% and an average resolution time of 4.3 years.


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.


Anand Adhikari
July 3, 2018
The BJP-led NDA Government has pulled a rabbit out of their hat by announcing a slew of initiatives aimed at avoiding the bankruptcy proceedings for banks as well as defaulting promoters.


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


PTI
New Delhi, June 22, 2018
While Phase-I of the power project is operating with limited gas supplies, Phase II and III are not producing any power due to lack of gas supplies.


Nevin John
New Delhi, June 16, 2018
Under the Insolvency and Bankruptcy Code, the sale process has almost been completed in three cases -- Bhushan Steel, Electrosteel Steels and Monnet Ispat and Energy. There is less clarity in the other cases when the 270 day timeframe for resolution ends around now.


Anand Adhikari
New Delhi, June 11, 2018
The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage


BusinessToday.In
New Delhi, May 30, 2018
A two-member NCLAT bench also directed the RCom MD to file an undertaking about the settlement amount. Ericsson India would also file an undertaking before the tribunal over the acceptance offer.


BusinessToday.In
New Delhi, May 29, 2018
RCom and its two subsidiaries -- Reliance Infratel Limited and Reliance Telecom Limited -- owe around Rs 978 crore to Ericsson. They all had entered into a seven-year agreement with Ericsson in 2013 for operational services, including mobile towers, broadband, fixed line, wireless voice, etc.


Manoj K Singh
New Delhi, May 28, 2018
Surprisingly, almost all the telecom players have outsourced the day-to-day management of their network to network management service companies, an industry dominated by two-three major players of which Ericsson India Private Limited (Ericsson), a subsidiary of Swedish based multinational telecommunications and networking company headquartered in Stockholm, is one.


PTI
May 23, 2018



PTI
May 23, 2018



PTI
May 22, 2018



BusinessToday.In
New Delhi, May 21, 2018
he National Company Law Appellate Tribunal (NCLAT) today issued notices to Tata Steel, the resolution professional and the committee of creditors (CoC) of Bhushan Steel (BSL) on a petition filed by its promotor Neeraj Singal challenging the takeover last week.


BusinessToday.In
New Delhi, May 21, 2018
China, US avert trade war: Beijing agrees to import more from America  Averting a trade war, China and the US have struck a deal under which Beijing will \"significantly increase\" its purchases of American goods and services to reduce the whopping USD 375 billion trade deficit with Washington. After lengthy second round of talks in Washington, the two sides issued a joint statement vowing not to launch a trade war against each other.  US Treasury Secretary Steven Mnuchi...


PTI
May 20, 2018



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