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Total 847 results found. Search for [ insolvency proceedings ]

Results 1 to 21 of 847
Nevin John
February 25, 2020
JSW Steel is keen to de-risk the acquisition as it has an expansion plan on cards, besides the company is facing unprecedented challenges in the steel market


BusinessToday.In
February 24, 2020
According to sources, Reliance Communications' (RCom) committee of creditors (CoC) will vote on asset bids (received from UVARC and Reliance Jio) from which the lenders are likely to recover nearly Rs 23,000 crore


BusinessToday.In
February 20, 2020
DHFL share price rose nearly 5% to Rs 11.39 in early trade compared to the previous close of Rs 10.85 on BSE. Market capitalisation of the housing finance stock currently stands at Rs 357.44 crore.


BusinessToday.In
February 17, 2020
The tax authorities are demanding a 15% service tax for the duration before GST came into force and 18% GST since July 1, 2017, when it was rolled out all over India


PTI
New Delhi, February 16, 2020
Telecom operators are collectively liable to pay Rs 1.47 lakh crore in AGR dues as per the Supreme Court order dated October 24, 2019


PTI
February 16, 2020
AGR latest updates: Vodafone Idea said it is assessing the amount that can be paid towards AGR dues, even as it flagged concerns over the continuation of its business


BusinessToday.In
New Delhi, January 31, 2020
Budget 2020: The aviation sector bore the brunt of Air India's failure as it contributed 61 per cent to total operating losses of all airlines put together in 2018/19. The closure of Jet Airways in April last year also left a big dent on the industry as a whole


BusinessToday.In
New Delhi, January 23, 2020
DHFL results: Consolidated revenue plunged 39.5 per cent to Rs 2,106.71 crore during July-September quarter of this fiscal, as against Rs 3,483.32 crore in the year-ago period


PTI
January 18, 2020
The Centre, in its six-page note submitted to a bench headed by Justice D Y Chandrachud, said it is prepared to revisit its proposal of December 2017, to remove the existing management of Unitech Ltd and appoint ten nominee directors of the government


BusinessToday.In
New Delhi, January 14, 2020
UVARC has reportedly placed bids worth Rs 16,000 crore for spectrum, real estate assets and data centres of RCom and Reliance Telecom Ltd, while RJio placed bids worth Rs 4,700 crore for tower and fibre assets of Reliance Infratel Ltd


BusinessToday.In
New Delhi, January 10, 2020
The deal has been done via Navi Technologies, formerly known as BAC Acquisitions which Sachin Bansal had founded along with IIT-Delhi batchmate Ankit Agarwal after selling his stake in Flipkart


BusinessToday.In
New Delhi, January 6, 2020
A UK court last month had reserved its judgement on a plea by a consortium of Indian public sector banks led by State Bank of India (SBI), seeking a bankruptcy order against Mallya as part of efforts to recoup around 1.145 billion pounds in unpaid loans


BusinessToday.In
January 6, 2020
DHFL share price rose nearly 5% to Rs 16.90 in early trade compared to the previous close of Rs 16.10 on BSE


PTI
New Delhi, January 5, 2020
Among the financial creditors, the country's largest lender, State Bank of India, including SBI Singapore, submitted the highest claim of Rs 10,082.90 crore


PTI
January 1, 2020
From shuttering of a 27-year-old airline to repeated grounding of planes to ailing Air India, headwinds blew across the once-fastest growing domestic civil aviation space in 2019 while a spike in regional air connectivity served as a silver lining in relatively cloudy skies


PTI
New Delhi, December 29, 2019
Third-largest pure play mortgage player is the first non-banking financial company or housing finance company to face the corporate insolvency resolution process


Dipak Mondal
New Delhi, December 27, 2019
The IBC Amendment Bill 2019 expanded the ambit of the insolvency law by including provisions on interim finance, setting of threshold limit on application by homebuyers and providing immunity to corporate debtor post successful resolution plan


BusinessToday.In
December 21, 2019
The clarification came after a public notice appeared in a newspaper informing the lenders about bankruptcy proceedings against Tribhovandas Bhimji Zaveri & Sons Retail Pvt Ltd


BusinessToday.In
New Delhi, December 17, 2019
Share price of Reliance Capital was locked in the 5 per cent upper circuit at Rs 11.90 on the BSE. In the last three trading sessions, the stock of the NBFC firm has hit upper circuit limit of 5 per cent


BusinessToday.In
New Delhi, December 12, 2019
Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...


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