It is wrong to suggest that the views of experts have not been taken into account while changing the Base Year or weights or switching from Annual Survey of Industries (ASI) to MCA 21, the EAC-PM said.

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

The CoC of Essar Steel has divided operational creditors of the company into two types -- one with claims under Rs 1 crore and another above Rs 1 crore

Although L&T's hostile takeover of Mindtree has the potential to create an entity revenue over $2 billion, analysts are not positive that it can create any significant value for either of the two companies.

A PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus, Krishnamurthy Subramanian is currently working as an associate professor of finance (with tenure) and executive director for the Centre for Analytical Finance at the Indian School of Business (ISB), Hyderabad.

The Supreme Court today restrained finalisation of sale of assets of Binani Cement Ltd without its prior approval but allowed the debt resolution process to go on. The apex court also said that further proceedings will be subject to its orders.

The National Company Law Appellate Tribunal (NCLAT) today declined to order a status quo on the bids to maximise the offer for debt-ridden Binani Cement by the two resolution applicants UltraTech Cement and Dalmia Bharat group.

A Delhi court today granted protection to Karti Chidambaram from arrest till April 16 in Aircel-Maxis matter arising out of the 2G spectrum cases lodged by the CBI and the Enforcement Directorate.

The case was heard by a nine-judge constitution bench headed by Chief Justice Jagdish Singh Khehar. The bench is examining current case in context of two previous judgments of 1954 and other in 1962 which had held that right to privacy was not a fundamental right.

A bench of Justices Dipak Misra and Amitava Roy observed that \"in the meantime, builders M/s Supertech Ltd shall deposit Rs 10 crore with the registry by January 3, so that the people are not in any kind of illusion.\"