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RCom shares stage strong comeback on settlement buzz with Ericsson

The stock soared 56.87 per cent to end at Rs 16.55 on BSE.

17 May 2018 6:54 PM

RCom shares dive 20.5 per cent on NCLT move

Weakness was also seen in other group stocks, with Reliance Naval and Engineering trading lower by 6.23 per cent.

16 May 2018 1:28 PM

NCLT allows Ericsson's insolvency plea against RCom

RCom plans to reduce its debt by selling assets such as airwaves, mobile masts and fibre optic investments.

16 May 2018 8:21 AM

NCLT approves Tata Steel bid for Bhushan Steel

CoC had approved Rs 32,500 crore deal along with 12.27 per cent equity in Bhushan Steel offered by Tata Steel.

15 May 2018 12:07 PM

CCI approves acquisition of Electrosteel Steels by Vedanta

The statement follows NCLT last month approving the resolution plan submitted by Vedanta Ltd for Electrosteel Steels.

14 May 2018 6:40 PM


CCI approves JSW-led consortium bid to acquire Monnet Ispat

JSW Steel is a part of the diversified USD 12 billion JSW Group, which has presence in steel, energy, infrastructure, cement.

12 May 2018 1:14 PM

Binani war to drag further, Dalmia may contest NCLT order

The NCLT bench order said the UltraTech offer was Rs 1021.70 crore higher than of RPPL offer.

02 May 2018 7:38 PM

Tata Power signs pact to sell defence business to Tata Advanced Systems

Tata Power had announced last month that its board has given nod for sale of its defence business to the TASL for Rs 2,230 crore.

27 Apr 2018 4:11 PM

Patanjali denies placing Rs 9,000 cr bid for Ruchi Soya Industries

According to reports, Ruchi Soya's debt stood at about Rs 12,000 crore as of December 31.

27 Apr 2018 9:16 AM

Videocon approaches NCLT to list all insolvency cases together

The step-down subsidiaries include Videocon Telecom, Electro World and Millennium Appliances.

25 Apr 2018 12:51 PM


Vedanta's acquisition of Electrosteel credit positive: Moody's

The move would augment the former's business profile and revenue generation.

23 Apr 2018 7:18 PM

Infra lending may take a back seat as RBI refuses to budge on new NPA rules

Banks requested the RBI to make the required majority to 75 per cent for any such plan.

23 Apr 2018 2:00 PM

NCLT asks Bhushan Steel CoC to consider Liberty House bid

NCLT has directed the committee of creditors (CoC) to complete its resolution proceedings by June 23.

23 Apr 2018 12:24 PM

NCLT declares rebid for Essar Steel invalid

Essar Steel owes around Rs 49,000 crore to banks, is the biggest asset on the block right now.

20 Apr 2018 9:31 AM

Vedanta gets NCLT nod for Electrosteel takeover

The 270-day resolution deadline stipulated by IBC ended Tuesday.

18 Apr 2018 8:27 AM


NPA resolution may get 180 days more

Poor valuations, over-burdened NCLT may prod govt to relax time limit.

17 Apr 2018 8:41 AM

Govt cleaning up banking sector, says DFS secretary

Banks have also raised more than Rs 10,000 crore so far and will raise more in the coming months from the market.

11 Apr 2018 9:13 AM

Wipro says Q4 profit may be impacted by telcom client's insolvency proceedings

Wipro had signed a multi-year outsourcing services agreement with a telecom services provider in India in 2008.

10 Apr 2018 10:15 AM

Binani Cement OCs reject Dalmia's offer to pay Rs 151-cr dues

The ongoing Binani Cement insolvency case has taken a new twist.

06 Apr 2018 6:38 PM

ICICI Bank's board to meet today

ICICI Bank pointed out that the board meeting is routine in nature.

02 Apr 2018 12:51 PM