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CPRL Vikram Bakshi on Thursday said he will challenge termination of franchise licence by McDonalds.

Bakshi case: NCLT issues show-cause notice to McDonald's Corp

In June 43 outlets of the fast food chain were closed in the capital following expiry of eating house licenses.

5 Sept 2017 5:38 PM IST

McDonalds is an American fast food chain. (Photo: PTI)

McDonald's franchise issue: NCLT rejects Vikram bakshi's 'contempt'...

Vikram Bakshi, McDonald's estranged partner, had challenged termination of franchise agreement.

5 Sept 2017 5:12 PM IST

Jaypee group is selling its assets to reduce debt.

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 Sept 2017 12:29 PM IST

The Supreme Court of India. (Photo: PTI)

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 Sept 2017 11:43 AM IST

The hacked data was from people who had sought work with McDonalds Canada since March 2014, and the company said it has launched an investigation into the hack (Photo: AFP)

NCLT reserves orders over Bakshi's pleas against McDonald's

Bakshi also approached National Company Law Appellate Tribunal asking for a buy out his share.

5 Sept 2017 9:22 AM IST

The newly constituted board of the beleaguered IL&FS under the chairmanship of Uday Kotak may meet this week again to chalk out the future course of action to resolve the current financial crisis, according to a source.

IL&FS may sell financial services, energy arms

Uday Kotak's lieutenant Raghunath is architect of the revival plan.

22 Oct 2018 9:24 AM IST

After superseding the IL&FS board, the Centre has once again moved the NCLT seeking relaxation in certain rules for faster resolution of crisis-ridden infra lender.

Govt shifts to top gear for resolving IL&FS crisis

Chiefs of SBI, LIC meet FM to discuss matters relating to infra lender.

9 Oct 2018 5:08 PM IST

The shares of IL&FS Engineering soared 20 per cent while that of IL&FS Transportation and IL&FS Investment Managers surged 19.50 per cent and 10 per cent respectively.

Move gets thumbs up

Markets reacted positively to government's swift action, according to analysts.

2 Oct 2018 1:55 AM IST

The government on Monday said it stands fully committed to ensuring that needed liquidity is arranged for the debt-trapped IL&FS to prevent any more defaults in payment of loans by the non-banking financial company.

Govt to ensure liquidity for IL&FS to prevent defaults: Finance...

NCLT allowed the government to take over the board of IL&FS.

1 Oct 2018 6:10 PM IST

RBI has been taking steps to improve the overall cash situation.

Govt moves NCLT for management change at IL&FS

IL&FS, where LIC is the largest shareholder with 25.34 per cent stake, has a debt burden of over Rs 90,000 crore.

1 Oct 2018 12:43 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

New offer by Essar Steel promoters not maintainable'

Banks and other creditors have total debt exposure of close to Rs 49,000 crore in the company.

29 Nov 2018 11:02 AM IST

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

Insolvency law help address Rs 3 lakh cr stressed assets in 2 yrs:...

Over 3,500 cases have been resolved at pre-admission stage and resulted in claims worth Rs 1.2 lakh crore getting...

24 Nov 2018 4:01 PM IST