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RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

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 IST

Fitch will no longer provide ratings or analytical coverage for RCom.

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 IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

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 IST

$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business

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 IST

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 March 2018 5:21 PM IST

Tata Steel is countrys major steel producer.

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 March 2018 11:23 AM IST

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 March 2018 5:03 PM IST

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...

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

22 March 2018 11:59 AM IST

Tata Steel is countrys major steel producer.

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

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

19 March 2018 1:33 PM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

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,...

12 May 2018 1:14 PM IST

UltraTech Cement, which had a cement production capacity of around 63 million tonnes, had added another 21.2 million tonnes capacity with the acquisition of Jaypees cement plants.

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.

2 May 2018 7:38 PM IST

Vodafone confirms that it is in discussions with the Aditya Birla Group about an all share merger of Vodafone India (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 March 2018 12:43 PM IST