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Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Insolvency code - 'wonderful document' but difficult to interpret: SC...

Insolvency professionals are responsible for taking forward resolution processes that has to be completed in 180 days.

29 July 2017 3:39 PM IST

As per the scheme, Dish TV shareholders would be owning 1,066.861 million existing shares or 55.4 per cent of Dish TV Videocon, with Vd2h shareholders owning 857.791 million new shares or 44.6 per cent.

NCLT approves Dish TV-Videocon D2h merger

Merged entity would have a subscriber base of over 27.2 mn creating largest DTH service provider in industry.

28 July 2017 9:56 AM IST

Ousted Tata Sons Chairman Cyrus Mistry

Return confidential documents: Tata Sons to Mistry

Ratan Tata-led group alleges some movable property was being taken out of company's possession.

29 Dec 2016 4:10 PM IST

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

RCom shares zoom nearly 32 per cent on debt revival plan

The company's market valuation went up by Rs 1,388.88 crore to Rs 5,898.88 crore.

26 Dec 2017 5:42 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom announces debt revival plan, ropes in new investor

RCom stock rallied 35 per cent on the BSE to Rs 22.01 per cent after the announcement.

26 Dec 2017 4:12 PM IST

McDonalds is an American fast food chain. (Photo: PTI)

McDonald's dispute: Singhvi writes to CPRL logistics partner

CPRL is a 50:50 joint venture between McDonald's India Pvt Ltd (MIPL) and Bakshi.

26 Dec 2017 3:02 PM IST

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NCLT admits 110 cases for insolvency resolution

A case is admitted by NCLT when it finds prima facie truth in the claims made by the applicant.

16 Jun 2017 8:04 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI files insolvency against Electrosteel at NCLT

The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by...

29 Jun 2017 2:57 PM IST

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Banks to increase provisioning by 25 per cent post NPA haircut: Crisil

The RBI over a fortnight back referred the 12 largest bad loans for resolution under the Insolvency and Bankruptcy Code...

26 Jun 2017 5:14 PM IST

Ousted Tata Sons chairman Cyrus Mistry

NCLT dismisses Mistry firms' petition against Tata Sons

Petitions were filed by two firms belonging to Cyrus Mistry's family.

18 April 2017 10:21 AM IST

Ousted Tata Sons chairman Cyrus Mistry

Tata Sons to call EGM as NCLT rejects Mistry's plea

Ruling clears decks for Tata Sons' EGM on Feb 6 that would seek Mistry's ouster from board.

3 Feb 2017 4:28 PM IST

Tata Group chairman welcomes NCLT decision against Mistry

Tata Group chairman welcomes NCLT decision against Mistry

N Chandrasekaran said that NCLT order is an endorsement of company's values and principles.

24 April 2017 6:07 PM IST