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Idea and Vodafone

Idea Cellular seeks NCLT nod for merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

8 Aug 2017 4:26 PM IST

Idea and Vodafone

Idea-Vodafone deal gets conditional go-ahead from Sebi

Multi-layered deal was announced in March and recently got clearance from the fair trade regulator CCI.

8 Aug 2017 9:29 AM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Bankers review progress of 12 large NPA accounts under IBC

IAC has referred all accounts whose fund and non-fund based loans are greater than Rs 5,000 crore.

8 Aug 2017 9:19 AM IST

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

Insolvency code defines judicial and commercial aspects

IBC has put commercial aspects in hands of stakeholders, judicial aspects with tribunal, said IBBI chairperson.

15 July 2017 6:43 PM IST

The new law mandates a 180-day deadline to resolve cases.

NCLT sends notice to Bhushan Steel, Bhushan Power over bad loans

SBI is lead banker to defaulters like Bhushan Steel, Essar Steel, Jyoti Structures Ltd and Electrosteel Steel.

14 July 2017 11:18 AM IST

Ousted Tata Sons chairman Cyrus Mistry

NCLT rejects Mistry's contempt plea against Tata Sons

Earlier, the tribunal had refused interim relief to Mistry over his ouster as Tata Sons chairman.

18 Jan 2017 5:32 PM IST

Cyrus Mistry (Photo: PTI)

Mistry may challenge appointment of new Tata Sons chairman

He considers appointment of new Tata Sons chairman was illegal as issue of his ouster was still sub-judice.

18 Jan 2017 12:44 PM IST

Ousted Tata Sons chairman Cyrus Mistry

Order on Cyrus Mistry's contempt plea on January 18

Mistry who was ousted as Tata Sons chairman on October 24 last year has challenged the move in NCLT.

16 Jan 2017 1:30 PM IST

Ousted Tata Sons chairman Cyrus Mistry

Mistry family firms file contempt plea against Tata

The application alleged that respondents have "committed a breach" of the NCLT order.

12 Jan 2017 11:51 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

NCLT reserves order on SBI's bankruptcy plea against Bhushan Steel

SBI is claiming to recover Rs 4,295 cr from Bhushan steel along with USD 490 million foreign currency loan.

19 July 2017 2:06 PM IST

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

IBC: Banks to set aside Rs 18,000 cr in FY18, expect 25 per cent...

SBI had conceded that it will require more provisions but ruled out big impact on profits.

18 July 2017 2:31 PM IST

Tata board chairman Ratan Tata.

Mistry was asked to resign before his ouster: Tata Sons

Holding company of Tata firms says it removed Mistry after he showed 'little or no signs of improvement' in his...

9 Jan 2017 6:00 PM IST