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Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio, Airtel to bid for RCom's physical assets

RCom lenders have claimed dues of around Rs 49,000 crore on the company till May 2019.

6 Aug 2019 9:48 AM IST

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.

When bizmen default, taxpayers lose savings

It appears wisdom is yet to dawn despite serious banking events that keep bobbing up every few months.

28 Sept 2019 12:00 AM IST

The Competition Commission of India (CCI) in 2016 ordered an investigation into whether Monsanto had abused its dominant position as a supplier of genetically modified (GM) cotton seeds. (Photo: AFP/ File)

NCLT okays merger of Monsanto India with Bayer CropScience

Scheme will become effective after the company files the certified copy of the NCLT order along with the amalgamation...

14 Sept 2019 10:47 AM IST

At present, Patanjali has 230 acres in non-SEZ and 60 acres within SEZ area of Mihan.

Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle dues

Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore.

9 Sept 2019 9:39 AM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

NCLAT asks Jet Airways IRP to cooperate with Dutch Court Administrator

The Dutch Court Administrator has also agreed before NCLAT not to sell the confiscated assets of debt-ridden Jet...

4 Sept 2019 3:36 PM IST

Chinese Banks may get Rs 7,000 cr from RCom, RTL resolution plan. (PTI Photo)

3 Chinese banks may get Rs 7,000 crore from RCom resolution plan, DoT...

The NCLT had directed the DoT to file their submission by Friday, when the matter will be heard

21 Aug 2020 9:36 AM IST

Jaypee group is selling its assets to reduce debt.

NCLAT admits banks' petition over Jaypee land

The bench fixed July 13 as the next date of hearing.

24 May 2018 2:08 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

NCLT helps recover Rs 80,000 crore

In 2019, the NCLT is expected to finalise corporate insolvency resolution process of several stressed assets.

26 Dec 2018 12:57 AM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT asks resolution professional, NCLT to hold order on Essar Steel

NCLAT would conduct daily hearing from July 23 on the matter.

22 May 2018 4:04 PM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

RCom Unlikely to reach a settlement

This will enable Reliance Communications to exit the NCLT process, said RCom.

19 May 2018 2:08 AM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

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 IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

RCom plea against insolvency to be heard by NCLAT on Tuesday

Ericsson had alleged that it had not been paid the dues.

28 May 2018 1:52 PM IST