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NCLT

Finance

31 October, 2018

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

26 October, 2018

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

16 October, 2018

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

01 October, 2018

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

24 August, 2018

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

24 August, 2018

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

03 August, 2018

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

31 July, 2018

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

20 July, 2018

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

19 July, 2018

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 ......