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BusinessToday.In
March 16, 2021
The move by SP & Company (SPCPL), which is the flagship company of SP Group, comes at a time when banks are considering its one-time restructuring (OTR) application


Nevin John
March 13, 2021
In the insolvency and bankruptcy proceedings, JSW Steel had proposed to repay Rs 19,350 crore to the BPSL lenders against their claims of Rs 48,000 crore


BusinessToday.In
March 7, 2021
The two companies were found to be indulging in unaccounted cash, bogus cash credits, bogus outstanding sundry creditors, unaccounted gold bullion purchases, and wrongful bad debts


BusinessToday.In
March 5, 2021
Lenders with 97 per cent voting share voted in favour. The effort is to complete the process by March 31.


PTI
March 4, 2021
The Ministry of Civil Aviation (MoCA) and DGCA mentioned their stance to the National Company Law Tribunal (NCLT), which had on February 25 sought their responses to Jet Airways' slots issue


Nevin John
March 2, 2021
Star Thermal promoters are natives of Tamil Nadu; they were partners in a Dubai-based $6 billion conglomerate involved in execution of various infrastructure projects, especially in power generation, transmission and distribution


PTI
February 26, 2021
In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


PTI
February 25, 2021
In January, the tribunal had issued a notice to the Directorate General of Civil Aviation (DGCA) and the Ministry of Civil Aviation (MoCA) to clear their stance on Jet's slots


BusinessToday.In
February 25, 2021
RIL stock has gained 6.84% or Rs 137.45 since February 22 when it closed at Rs 2,007.40 on BSE


BusinessToday.In
February 23, 2021
The consortium will pay the money from internal accruals, sale of assets of Jet Airways and cashflow after the resumption of operation.


BusinessToday.In
February 23, 2021
RIL has said independent growth of company will enable focused approach towards opportunities across the O2C value chain. It will enhance efficiencies through self-sustaining capital structure and a dedicated management team


BusinessToday.In
February 23, 2021
RIL stock touched an intraday high of Rs 2,049.95, rising 2.12% on BSE. Market cap of the firm rose to Rs 12.95 lakh crore on BSE


PTI
February 23, 2021
Earlier in the day, the apex court had allowed the NCLT, Mumbai to continue with the proceedings but asked not to pass a final order on the amalgamation of Future Retail Ltd (FRL) with Reliance Retail


BusinessToday.In
February 23, 2021
After demerger, holding company RIL will have upstream exploration and production business, financial services, treasury and textile business, while RIL O2C Ltd will have an oil-to-chemical business comprising refining and petrochemicals, fuel retail, and control over global subsidiaries of RIL


BusinessToday.In
February 19, 2021
DHFL stock rose 4.99% to Rs 18.95 on BSE. Market cap of the firm stood at Rs 594 crore. DHFL share has gained 32.98% in the last 6 days


BusinessToday.In
February 18, 2021
Debt-ridden DHFL's Committee of Creditors (CoC) had in January approved the resolution plan submitted by Piramal Capital for the company.


PTI
February 18, 2021
Amazon has also asked for restraining Future Retail from taking any steps to further the deal with Reliance until the final award is granted in the Singapore arbitration


Reuters
February 17, 2021
\"We believe we are entitled to the funds and will continue to pursue a complete recovery of them,\" says Citigroup spokesperson


Reuters
February 16, 2021
Future may face liquidation if the deal, already mired in legal wrangling, falls through and banks are actively discussing an alternate one-time restructuring option


PTI
February 8, 2021
High Court in London grants access to around 1.1 million pounds from court-held funds to meet living expenses and legal costs to Embattled liquor tycoon Vijay Mallya


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