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BusinessToday.In
June 7, 2018
The country's largest state-run lender State Bank of India (SBI) had filed separate insolvency proceedings against two Videocon group companies, which were part of the second list of big corporate defaulters put out by the Reserve Bank of India (RBI).


PTI
June 6, 2018



BusinessToday.In
June 5, 2018
Vedanta has moved on to the next step in the acquisition drama over Electrosteel Steels Ltd (ESL) by setting up a new board of directors, even as a petition challenging its eligibility to bid for the same is pending before the National Company Law Appellate Tribunal.


BusinessToday.In
May 31, 2018
The stock opened with a gain of 10% today. The stock is down 7.50% during the last one year. It has fallen 48.92% since the beginning of this year.


PTI
May 30, 2018



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.


PTI
May 30, 2018



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.


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


D.K. Joshi
New Delhi, May 28, 2018
A significant rise in private investments and constant reforms are needed to accelerate India's growth story.


PTI
May 25, 2018



PTI
May 25, 2018



PTI
May 22, 2018
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.


PTI
May 22, 2018



PTI
May 21, 2018



PTI
May 21, 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.


PTI
May 20, 2018



BusinessToday.In
New Delhi, May 18, 2018
In its statement, Tata Steel assured that all necessary approvals, like from Competition Commission of India (CCI) and National Compan Law Tribunal (NCLT), have already been secured.


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