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DGCA issues show cause notice to Go First, asks airline to immediately stop sale of tickets
Aviation regulator DGCA on Monday directed crisis-hit Go First to immediately stop bookings and sal…
PTI
RCap debt resolution: Torrent Investments moves SC against NCLT decision
Torrent Investments Private Limited has moved the Supreme Court against the decision of National Co…
ANI
NCLT reserves order on Go First's plea for insolvency resolution proceedings
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go Fi…
PTI
Google makes changes to Android and Google Play services in India after CCI setback
In the wake of penalties imposed by the Competition Commission of India (CCI), Google India is brin…
Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins
Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…
PTI
Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders
HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …
PTI
CBI searches at Jet Airways office, founder Naresh Goyal's residence in bank fraud case
The CBI on Friday conducted searches at seven locations including the premises of Jet Airways and i…
PTI
70,000 housing units in trouble after Jaypee and Amrapali groups head into financial trouble
The Amrapali Group and the Jaypee Group were once the leading and biggest names in the real estate …
CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…
NCLT approves Piramal Group's resolution plan for DHFL
"We are not remanding the plan back to CoC, we respect their commercial wisdom," it said. …
PTI
NCLT approves Zee-Sony merger, paves way for creation of USD 10 bn media giant
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterp…
PTI
NCLAT approves resolution plan for Odisha Slurry Pipeline Infra
Earlier, the Ld Adjudicating Authority, Cuttack on March 2, 2020, approved the resolution plan…
Adani Gas abused dominant position says company law board but reduces penalty
CCI had also directed AGL to cease and desist from indulging in conduct found to be in contrav…
PTI
Companies (Amendment) Bill cleared by Parliament – improves ease of doing business, allows direct overseas listing and more
The Companies (Amendment) Bill, 2020 seeks to decriminalise various penal provisions, permit di…
PTI
Fraudulent transactions of ₹6,182 crore in DHFL unearthed
Accordingly, the Administrator of the Company received an initial report from the professional…
Supreme Court restrains Shapoorji Group, Cyrus Mistry from raising capital on Tata Sons shares
The SP group, which owns 18.37 per cent in Tata Sons, had said TSPL moved the top court to bloc…
PTI
Adani and Sunteck Realty show interest in acquiring HDIL
Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies whic…
RBI approves IDFC-IDFC First Bank merger
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…
PTI
Jet Airways inches a step closer towards its revival plan as it files for NCLT approval — owners aim to revive operations with six aircrafts
With this move, the consortium inches a step closer towards resurrecting the debt-strapped airli…
Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over ₹60,000 crore write-off
DHFL was the first finance company to be referred to NCLT by the RBI using special powers unde…