NCLT
Finance
IL&FS board outlines revival plans, rolls out austerity measures
The new board of Infrastructure Leasing and Financial Services Ltd (IL&FS) submitted three rescue options to the bankruptcy tribunal on ......
Manufacturing
Day after Ruias' offer, Essar Steel creditors choose ArcelorMittal-led joint bid
Japan’s Nippon Steel & Sumitomo Metal Corp. and alloy giant ArcelorMittal said on Friday the lenders of Essar Steel India ......
General
RIL eyes stakes in Hathway, DEN; Piramal mulls sale of contract pharma biz
Reliance Industries is looking to buy more than 25% stake each in cable TV and broadband service providers Hathway Cable ......
Finance
Govt seeks to take control of debt-ridden IL&FS, proposes Uday Kotak as chairman
India on Monday moved to take control of Infrastructure Leasing and Financial Services (IL&FS), whose recent defaults have roiled Indian ......
Manufacturing
With eye on Essar Steel, Japan's Nippon Steel keen to boost India presence
Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp sees India as the most promising market and wants to become ......
General
Adani Wilmar to acquire Ruchi Soya; Cube Highways may buy Ramky's road assets
Adani Wilmar, the joint venture between the Adani Group and Singapore’s Wilmar International, has received the approval from a committee ......
General
Stressed assets: Revised bids allowed for Bhushan Power, NCLT admits Provogue
As Indian banks grapple with nearly $150 billion in bad loans, the National Company Law Tribunal (NCLT) has admitted about ......
General
Blackstone eyes realty assets of Singh brothers; ARCs circle Reid & Taylor
Private equity giant Blackstone Group is in advanced negotiations with Fortis Healthcare’s former promoters Malvinder and Shivinder Singh and Dhillon ......
General
Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper
As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......
Manufacturing
JSW-AION consortium gets NCLT nod to acquire Monnet Ispat
The National Company Law Tribunal on Thursday approved the sale of bankrupt metals firm Monnet Ispat & Energy Ltd to ......