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The merger - slated to create India's largest telecom operator in terms of customer base and revenue market share. (Photo AFP)

Vodafone, Idea merger in final stage of approval: Telecom Secretary

The mega merger has already received the green light from NCLT and markets regulator SEBI.

27 Mar 2018 12:43 PM

The Section 29A debars promoters with direct or indirect links to the defaulted promoter of a bankrupt asset from bidding for the same through the insolvency process.

Essar Steel: ArcelorMittal drags bankers' rejection to NCLT

The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal's bid along with that of Numetal.

26 Mar 2018 5:21 PM

Company said it has been declared as the successful resolution applicant by the committee of creditors of Bhushan Steel Limited on March 22, 2018.

Tata Steel wins bid for Bhushan Steel

Tata Steel has accepted the letter of intent for BSL under corporate insolvency resolution process of the IBC.

23 Mar 2018 11:23 AM

Dish TV has an active subscriber base of 15.5 million, while that of Videocon d2h stands at around 12.2 million.

Dish TV India, Videocon d2h merger completed

Dish TV India said it has duly filed required documents with the Registrar of Companies, Mumbai, Maharashtra.

22 Mar 2018 5:03 PM

BIL denied reports of resolution professional alleging fraud by BIL promoters. (Photo: PTI)

No violation in Rs 7,266 cr bid for Binani Cement under IBC, says UltraTech

All the creditors, who are against the bid from the present resolution plan have gone to NCLT.

22 Mar 2018 11:59 AM

The tribunal has also directed the insolvency resolution professional (IRP) to report the decision on the objections of the employees.

Consider objections to Tata Steel bids: NCLT to Bhushan Steel creditors

NCLT refused, stating that it is ‘not inclined to accept’ Tata Steel's objection at this stage.

19 Mar 2018 1:33 PM

Earlier this month, the high court dismissed the McDonald's plea challenging the NCLT notice on a contempt plea filed by Bakshi.

NCLT direct McDonald's to reply show cause notice for contempt

High court in November had put a stay on the NCLT notice after McDonald's challenged the order.

22 Jan 2018 1:37 PM

Vodafone is expected to hold around 47.5 per cent stake in the merged entity and rest will be owned by Idea and promoter Aditya Birla Group. (Photo AFP)

NCLT approves Idea-Vodafone merger

Proposed merger of Vodafone India and Idea will create an entity with a revenue of around Rs 77,500-80,000 crore.

12 Jan 2018 4:32 PM

Dish TV evaluating insolvency impact on Videocon d2h merger

Proposed merger has already received regulatory approvals from the Ministry of Information and Broadcasting.

12 Jan 2018 10:07 AM

RBI had asked banks to either resolve these stressed accounts or refer them to NCLT by December 31.

Financial bids for all 12 large NPA accounts by month-end: SBI

SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.

10 Jan 2018 5:46 PM

RBI's deadline to resolve these identified cases with a total loan exposure of about Rs 4 lakh crore by banks ended two days ago.

PNB expects resolution of 4-5 large NPA accounts bilaterally

Out of 28 identified cases, Punjab National Bank has exposure in 20 accounts.

02 Jan 2018 4:18 PM

The company has a debt of over Rs 44,000 crore. (Photo: File)

RCom shares zoom nearly 32 per cent on debt revival plan

The company's market valuation went up by Rs 1,388.88 crore to Rs 5,898.88 crore.

26 Dec 2017 5:42 PM

Debt resolution involves RCom exiting SDR framework with no conversion of debt into equity and zero write-off by lenders.

RCom announces debt revival plan, ropes in new investor

RCom stock rallied 35 per cent on the BSE to Rs 22.01 per cent after the announcement.

26 Dec 2017 4:12 PM

All in all, there are over 80 outlets that have been hit by this cut-off in supplies by Radhakrishna Foodland. (Photo: PTI)

McDonald's dispute: Singhvi writes to CPRL logistics partner

CPRL is a 50:50 joint venture between McDonald's India Pvt Ltd (MIPL) and Bakshi.

26 Dec 2017 3:02 PM

Supreme Court stays NCLT order of Unitech takeover

The NCLT had allowed the government to name new directors on the board of the debt-ridden firm to protect the interest of homebuyers.

14 Dec 2017 3:15 AM

Once these accounts pass the resolution deadline, banks will have to refer them to NCLT in next 18 days. (Photo: PTI)

Banks set to refer 23 of 28 large dud accounts to NCLT

Banks will also have to make a provision of 50 per cent on these accounts by March 2018.

13 Dec 2017 1:36 PM

Unitech alleged that takeover of management of company by Centre would make it difficult for them to deposit Rs 750 cr.

SC stays NCLT order allowing Centre to take over Unitech Ltd

NCLT order had come after the Centre moved the panel with a view to protect the interests of nearly 20,000 home buyers.

13 Dec 2017 11:56 AM

Shares of company opened on a bullish note at Rs 8.40, then rose to a high of Rs 8.70, registering a jump of 19.34 per cent over its previous closing price on the BSE.

Unitech jumps 20 pc as NCLT allows govt to appoint 10 nominees

Company has over Rs 6,000 crore debt with more than 16,000 undelivered units from a total of nearly 70 projects.

11 Dec 2017 11:11 AM

In its petition to the NCLT, the government had alleged mismanagement and siphoning off of funds by the company's management.

Management interference detrimental to stakeholders: Unitech

NCLT ordered suspension of its eight directors and allowed the government to appoint nominees.

09 Dec 2017 12:13 PM

Earlier in the day, Unitech suffered a jolt when its 10 directors were suspended by the tribunal.

NCLT refuses to put Unitech order in abeyance

Tribunal directed Unitech Managing Directors Sanjay Chandra and Ajay Chandra to file their replies.

08 Dec 2017 5:33 PM

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Sanjeev Ahluwalia