RInfra Settles Dues To Dodge Insolvency Bullet; To Seek NCLT Order Withdrawal
Staff Reporter | 2 June 2025Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order
NCLAT Grants Relief To Vedanta On NCLT Order In Unit’s Demerger Plan
Staff Reporter | 29 May 2025The appellate tribunal stays the NCLT order and asks Talwandi Sabo Power to provide bank guarantee of $146 million; will hear the matter on 4 August
Induslnd Bank MD & CEO Sumant Kathpalia Resigns Amid Derivatives Saga
Staff Reporter | 30 April 2025A committee of executives will oversee the operations of the bank in the interim
Induslnd Bank Engages EY To Help Internal Team To Review Microfinance Business
Staff Reporter | 22 April 2025The lender’s Internal Audit Department is conducting a review of its MFI business to examine certain concerns
External Agency Pegs $231 Mln Discrepancy In Induslnd Bank’s Derivatives Portfolio
Staff Reporter | 16 April 2025Induslnd Bank says it will appropriately reflect the resultant impact in the financial statements for FY25
JSW Energy Gets CCI Approval To Acquire Bankrupt KSK Mahanadi Power
Staff Reporter | 5 March 2025JSW Energy will acquire KSK Mahanadi Power through JSW Thermal Energy One Ltd., a newly formed wholly owned subsidiary
Vedanta Plans To Raise $343 Mln Via Debentures
Staff Reporter | 11 February 2025The board approves the issuance of up to 300,000 non-convertible debentures with a face value of 100,000 each
Adani Power Board Approves $578 Mln Fundraising Via Share Sale
Staff Reporter | 29 January 2025The board also enhances the previously approved fundraising limit via non-convertible debentures to 11,000 crore rupees from 5,000 crore rupees
Moody's Changes Bharti Airtel’s Outlook To Positive; Affirms Ratings
Staff Reporter | 22 January 2025The change in outlook reflects a significant improvement in the Indian telecom operator’s financial profile and its steadily increasing market share
It’s Playtime For Swiggy After Food, Grocery Delivery; Eyes Sports Business
Staff Reporter | 15 January 2025Indian food and grocery delivery firm incorporates a new subsidiary, Swiggy Sports, to foray into the sports business
JSW Energy Set To Acquire Bankrupt KSK Mahanadi Power; Gets Letter Of Intent
Staff Reporter | 13 January 2025The development came after KSK Mahanadi Power’s creditors declared JSW Energy as successful applicant and approved its resolution plan
JSW Energy Seals Largest Deal Since Inception; To Buy O2 Power For $1.5 Bln
Staff Reporter | 27 December 2024The acquisition of 4.7-GW renewable energy platform would help JSW Energy in achieving its renewable-led capacity growth target of 20-GW before FY30
Adani Enterprises’ Defense Arm To Acquire 85.8% Stake In Air Works
Staff Reporter | 23 December 2024Adani Defence Systems agrees to buy the stake in Indian aircraft maintenance and repair company at an enterprise value of 400 crore rupees
S&P Upgrades Vedanta Resources To B On Reduced Refinancing Risk
Staff Reporter | 20 December 2024S&P says its Stable outlook reflects that Vedanta Resources will proactively address its $1.15 billion April 2026 debt maturities
Vedanta Board Approves To Pay $392 Mln Interim Dividend For FY25
COJ News Desk | 16 December 2024Indian natural resources conglomerate declarers a fourth interim dividend of 8.5 rupees per share for FY25
Credit Risk To Rise Amid Cyberattacks On Larger Companies - Moody's
Staff Reporter | 10 December 2024Moody's says cyber risk will intensify next year as attackers switch tactics in response to better corporate cyber defenses
Vodafone Idea Board Okays $234 Mln Share Issuance To Promoter Entities
COJ News Desk | 9 December 2024Indian telecom operator will seek shareholders’ approval at an extraordinary general meeting on 7 January
Vodafone Idea Plans To Raise $236 Mln From UK-Based Promoter
COJ News Desk | 5 December 2024The board will meet on 9 December to consider issuance of shares and convertible securities on a preferential basis
