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In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank drags GTL group to NCLT

GTL has defaulted on Rs 459 crore loans from the bank, GTL Infrastructure owes Rs 541 crore to the lender.

25 Sept 2018 1:15 PM IST

NCLAT amends order on Essar Steel, adds Darius Khambata as counsel

NCLAT had ruled that Numetal's Rs 37,000 crore second-round bid for Essar Steel is valid.

17 Sept 2018 3:18 PM IST

The positions for temporary global customer service staff at Amazon are open in Hyderabad, Pune, Coimbatore, Noida, Kolkata, Jaipur, Chandigarh, Mangaluru, Indore, Bhopal and Lucknow. (Photo | AFP)

Amazon moves Supreme Court in Future-Reliance deal dispute

Justice Midha had directed FRL and other parties to maintain status quo till pronouncement of the reserved order

11 Feb 2021 5:35 PM IST

Hundreds of Jaypee homebuyers recently held a protest and demanded their money back. (Photo: PTI)

SC to hear plea of Jaypee home buyers on Thursday

Around 32,000 buyers have booked their homes in 27 different housing projects of Jaypee Infratech

23 Aug 2017 12:01 PM IST

McDonalds is likely to move NCLAT this week against a NCLT order that reinstated Vikram Bakshi as Managing Director of its Indian joint venture CPRL. Photo: AFP

McDonald's rules out settlement with Bakshi; NCLT issues notices

McDonald's had on August 21 terminated franchisee agreement for the 169 outlets in north and east, operated by CPRL.

30 Aug 2017 7:20 PM IST

SBI is Indias largest public sector lender. (Photo: PTI)

SBI favours equal treatment of lenders, buyers in projects

Risk of banks and home buyers have reduced after implementation of new real estate law RERA.

28 Aug 2017 6:13 PM IST

CPRL Vikram Bakshi on Thursday said he will challenge termination of franchise licence by McDonalds.

McDonald's dispute puts channel partners at a sticky spot

CPRL cannot use McDonald's name, trademark and design, among others, after September 6.

27 Aug 2017 11:32 AM IST

Defence Minister Arun Jaitley said the country faced two serious threats one in Jammu & Kashmir and second being problem of Left-Wing Extremism in central India. (Photo: PTI)

Flat buyers can seek relief under new law, says Arun Jaitley

He said there was a provision for running a company under insolvency proceedings.

17 Aug 2017 2:39 AM IST

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Protesting homebuyers call Jaypee insolvency issue a scam

Buyers say they cannot take their claims anywhere and that the government must take responsibility for these things.

12 Aug 2017 8:07 PM IST

Shares of Reliance Capital on Friday surged 8 per cent after it reported 15 per cent rise in consolidated net profit.

Demerger of RCap's home finance business gets NCLT nod

NCLT approved demerger and vesting of demerged undertaking from Reliance Capital Ltd to Reliance Home Finance Ltd.

11 Aug 2017 6:15 PM IST

Jaypee group is selling its assets to reduce debt.

NCLT admits insolvency petition of IDBI against Jaypee Infra

Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code...

11 Aug 2017 11:40 AM IST

Idea and Vodafone

Idea Cellular seeks NCLT nod for merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

8 Aug 2017 4:26 PM IST