Home » insolvency

You Searched For "insolvency"

Business

RCom shares, bonds weaken after Ericsson's insolvency petition

RCom nationwide network is seeking a total of 11.55 billion rupees from company and two of its subsidiaries.

14 Sep 2017 7:35 AM GMT

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Business

Waive certain taxes for cos in insolvency proceeding: Assocham

Non-performing loan resolution process is going on for 12 companies and this represent 25 per cent of total bad loans in...

13 Sep 2017 10:41 AM GMT

2016 overall was a watershed year for Indian real estate. (Representational Image)

Business

SC tells realty major Jaypee Infratech to deposit Rs 2,000 crore

Apex court allows Jaypee to raise Rs 2,000 cr by selling land or any properties with prior approval of IRP.

11 Sep 2017 10:04 AM GMT

Jaypee group is selling its assets to reduce debt.

Business

IDBI moves SC against stay of insolvency proceedings against jaypee...

Around 32,000 buyers have booked their homes in 27 different housing projects of Jaypee Infratech.

5 Sep 2017 6:59 AM GMT

The Supreme Court of India. (Photo: PTI)

Business

IDBI Bank rushes to SC with plea to review stay on Jaypee insolvency

SC accepts bank's petition and posts matter for hearing on Monday; homebuyers oppose bank's fresh submission.

5 Sep 2017 6:13 AM GMT

As per the scheme, Dish TV shareholders would be owning 1,066.861 million existing shares or 55.4 per cent of Dish TV Videocon, with Vd2h shareholders owning 857.791 million new shares or 44.6 per cent.

Business

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 4:37 AM GMT

Debt-ridden Videocon Group on Wednesday approached the principal bench of NCLT requesting it to direct all insolvency case.

Business

Videocon approaches NCLT to list all insolvency cases together

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

25 April 2018 7:21 AM GMT

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

Business

RBI worried over rise in one-day default norms breach

NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm.

18 April 2018 11:24 AM GMT

Business

RIL, JM Financial bid to acquire Alok Industries rejected

The consortium of lenders, led by SBI, is claiming dues of over Rs 23,000 crore from Alok Industries.

15 April 2018 1:35 PM GMT

$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

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

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

6 April 2018 1:08 PM GMT

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

Business

Bhushan Steel appoints T V Narendran as chairman

Tata Steel has completed the acquisition of 72.65 per cent stake of the company.

15 July 2018 1:18 PM GMT

Business

Govt plans to amend IBC to ring-fence buyers of stressed assets from...

The move will help make the insolvency process more attractive for the bidders and instil confidence in them, sources...

24 Nov 2019 11:59 AM GMT