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

Indian IT services company will acquire up to a 54% stake in Cigniti for 1,415 rupees per share

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

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

The synergy between law and technology not only streamlines processes, but also enhances the efficacy and efficiency of legal services

Current MD & CEO Gopal Vittal, who has led the company for the last twelve years, will become executive vice chairman

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

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

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

Venkata K. Narayana resigns to pursue other interests, including establishing a real estate fund

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

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

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

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

Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order

NCLT to hear cases related to Jet Airways, Bhushan Steel, GVK Gautami Power, AMW AutoComponent and NCR Rail Infrastructure

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

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