National Company Law Tribunal is set to hear IREDA’s insolvency petition against Gensol Engineering on 3 June


The acquisition of Fraport’s 10% stake will boost GMR’s stake in DIAL to 74%


NCLT to hear cases related to Reliance Retail, Sterling Biotech, Future Retail, Morarjee Textiles, Reliance Naval & Engineering and Jet Airways


Indian steelmaker unveils plans to raise 14,000 crore rupees ($1.68 billion) and also agrees to acquire Minas de Revuboe to secure coking coal


NCLAT sends the case back to the bankruptcy court for fresh consideration


Moody's says the bond issuances in quick succession solidify Vedanta's access to capital markets and growing investor confidence in the company


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Reliance Power Appoints Neeraj Parakh As CEO

Staff Reporter | 20 January 2025

The appointment of Parakh, who joined Reliance Group 21 years ago, is for three years


The special audit directed by India’s central bank at the non-bank lender started on 23 April


Jefferies says ICICI Bank stays among its top picks in the financial sector amid healthy deposit growth and slower cost growth


The ayurvedic balm maker for pain management says Deloitte conducting forensic probe related to allegations of lapses by certain senior management


The board also enhances the previously approved fundraising limit via non-convertible debentures to 11,000 crore rupees from 5,000 crore rupees


NCLT Orders Revival Of Dead Firm For Tax Recovery

Special Correspondent | 15 February 2023

NCLT orders Registrar of Companies to revive the status of struck off company Delight Broadcasting to "active" so the tax authorities can recover dues


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NCLT to hear cases related to Shapoorji Pallonji & Co, Reliance Infrastructure, SpiceJet, Aban Offshore, GTL Infrastructure and Kotak Mahindra AMC


Dheeraj Wadhawan had provided a personal guarantee on the loans availed by DHFL from Union Bank of India


The bankruptcy regulator expects insolvency professionals to be vigilant and alert in checking communications sent to them


The 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


MAN Industries CFO Sanjay Kumar Agrawal Resigns

Staff Reporter | 9 January 2025

The resignation is effective from the close of business hours on 8 January


National Company Law Appellate Tribunal today suspends the NCLT’s insolvency order against Reliance Infrastructure