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Total 368 results found. Search for [ bankruptcy proceedings ]

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PTI
New Delhi, February 13, 2019
Anil Ambani told the top court that with the failure of its assets sale deal with elder brother Mukesh Ambani-led Reliance Jio his company has entered insolvency proceedings and is not in control of the funds.


Mudit Kapoor
February 11, 2019
Last week, non-banking finance companies, especially L&T Finance and certain entities of Edelweiss Group, sold 31.81 crore pledged shares worth Rs 552.17 crore of Reliance Group, leading to a loss in investor wealth of Rs 13,000 crore.


BusinessToday.In
New Delhi, February 11, 2019
Reliance Group has accused its lenders L&T Finance and Edelweiss of illegally invoking pledged shares, calling it 'motivated and unwarranted'. Shares of Reliance Power plunged as much as 59 per cent last week.


Mudit Kapoor
February 9, 2019
The share of promoters in the Reliance ADAG Group companies have decreased in the bracket of 2 to 4 per cent, bringing down promoter stake in Reliance Capital below 50 per cent.


Manu Kaushik
February 8, 2019
RCom had been trying to conclude its Rs 25,000 crore 2017 deal with Reliance Jio, owned by Mukesh Ambani.


BusinessToday.In
February 7, 2019
The Reliance Infrastructure share price has been falling for the last five days and lost 55.27% during the period. Reliance Infrastructure share is trading below its 50-day and 200-day moving averages of 287.22 and 347.28 levels, respectively.


BusinessToday.In
February 6, 2019
The Reliance Infrastructure share price has fallen 44.04% during the last four days. It touched a fresh 52-week low of 141.75, down 37.61% on the BSE in trade today. The midcap stock has lost 65.12% during the last one year and fallen 53.25% since the beginning of this year.


Nevin John
New Delhi, February 5, 2019
The Ruias may well end up as a benchmark of how business shouldn't be conducted by families desperate to retain control.


PTI
February 4, 2019



PTI
February 4, 2019
Reliance Jio, however, declined to take over any past liability of RCom for which the Department of Telecom may raise demand in future.


PTI
February 3, 2019



Manu Kaushik
New Delhi, February 2, 2019
The past few years have been a period of slow death for RCom. Going to NCLT is a culmination of the events that has been unfolding over the past decade.


PTI
January 31, 2019



PTI
New Delhi, January 30, 2019
The Ahmedabad bench comprising adjudicating authority Manorama Kumari and Harihar Prakash Chaturvedi said the Rs 54,389-crore bid by Essar Steel Asia Holding, which is much higher than the winning bid by ArcelorMittal's Rs 42,000 crore, is not maintainable as the only way to make a proposal is through Section 12A.


BusinessToday.In
New Delhi, January 29, 2019
The stressed accounts, which also include Bhushan Power, Alok Industries, ABG shipyards, Amtek Auto, Lanco, Era Infrastructure and Jyoti Structures, owed nearly Rs 2.5 lakh crore to lenders.


PTI
New Delhi, January 28, 2019
Bank of India, under the prompt corrective action (PCA) framework of the Reserve Bank since 2017, had reported a net loss of Rs 2,341 crore in the year-ago period.


PTI
January 25, 2019



BusinessToday.In
New Delhi, January 25, 2019
The top court quashes a clutch of petitions that challenged provisions of three-year-old law, including barring promoters from bidding for stressed assets.


PTI
January 24, 2019



PTI
January 23, 2019



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