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Debt ridden telecom operator Reliance Communications on Thursday said it expects to reduce debt by around Rs 25,000 crore as the Supreme Court has lifted stay on sale of assets of the company.Business
RCom hopes to cut debt by Rs 25,000 cr after SC allows asset sale

RCom in December signed agreement with Reliance Jio to sell spectrum, mobile towers, fiber network and Media Convergence...

5 April 2018 6:01 PM IST

\The Chakmas travel long distances on foot to transport cementcharge Rs 8,000 for one bag. A WC pan comes for Rs 2,000,\ Public Health Engineering department junior engineer Jumli Ado said.Business
NCLAT dismisses cement-makers' plea against Rs 6,700 cr CCI penalty

CCI had imposed the highest penalty of Rs 1,175.49 crore on Aditya Birla group firm UltraTech.

25 July 2018 12:50 PM IST

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
NCLAT allows lenders to meet and finalise Bhushan Power bid

Vacating its earlier stay, the appellate tribunal has directed the CoC of the company to consider the resolution plans.

20 July 2018 12:41 PM IST

Discontinuation of supplies by its logistics partner is being seen as a fallout of the ongoing spat between Radhakrishna Foodland and McDonalds estranged joint venture partner Vikram Bakshi. (Photo: PTI)Business
Bakshi withdraws plea seeking permission to go abroad; NCLAT allows...

On September 18, passing an order, the NCLAT had restrained Bakshi from travelling abroad without its permission.

25 Oct 2019 5:12 PM IST

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
NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW...

On September 5, NCLT had approved the JSW Steel's Rs 19,700 crore resolution plan for BPSL.

14 Oct 2019 1:13 PM IST

Section 30(2)(b)(ii) says that a dissenting financial creditor shall get payment as per order of priority as specified in section 53(1) of IBC.Business
NCLAT rejects DBS Bank's plea challenging distribution of funds from...

The Mumbai bench of the NCLT has approved around Rs 4,350-crore resolution plan on July 24, 2019.

20 Nov 2019 2:31 PM IST

Jio will engage its users every Saturday to help them learn about the JioPhone features, use of apps, internet safety, and more. (Photo: ANI)Business
NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower

The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm.

25 Dec 2019 12:58 PM IST

The Registrar of Companies (RoC) on Monday moved the National Company Law Appellate Tribunal (NCLAT) reques-ting to amend its order and remove the word illegal with respect to the conversion of Tata Sons from a public company to private company.Business
RoC moves NCLAT to drop illegal' in order

The petition filed by RoC was mentioned on Monday before NCLAT, which has directed to list the matter on January 2,...

24 Dec 2019 1:38 AM IST

Tata Sons, the companys promoter with 26.51 per cent stake, had asked Tata Motors on November 10 to convene an EGM for passing a resolution for removal of Mistry and Wadia as directors.Business
Tata Sons verdict: Corp Affairs Min seeks modification in NCLAT order

The petition filed by RoC was mentioned on Monday before NCLAT, which has directed to list the matter on January 2, 2020...

23 Dec 2019 1:07 PM IST

Cyrus Mistry. (Photo: File)Opinion
Will SC uphold Mistry order?

The NCLT has over time acquired standing in passing orders on the maltreatment of minority shareholders as well as...

20 Dec 2019 12:01 AM IST

Various group scrips had fallen up to 4 per cent in the previous trade after the order.Business
Tata Group stocks remain under pressure after NCLAT order

The scrip of Tata Global Beverages fell 0.89 per cent, Indian Hotels Company slipped 0.62 per cent.

19 Dec 2019 10:45 AM IST

Ousted Tata Sons chairman Cyrus MistryBusiness
Cyrus Mistry restored as chairman of Tatas

The shares of Tata Group companies fell after the order came, reducing their gains, and several of them closed in the...

19 Dec 2019 3:37 AM IST

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