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Reliance communications Chairman Anil Ambani

RCom shareholders approve merger with Aircel

RCom and the present shareholders of Aircel will hold 50 per cent stake each in the merged entity.

24 April 2017 4:36 PM IST

Pride in witnessing integrity of judiciary: Tata on NCLT's decision

Ratan Tata has expressed appreciation to the high integrity of the judicial process.

22 April 2017 8:51 PM IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Essar, Bhushan Steels and Electrosteel referred to NCLT for insolvency

Essar Steel, Bhushan Steel and Electrosteel Steel collectively have NPAs worth Rs 1 lakh crore.

23 Jun 2017 11:16 AM IST

Earlier in the day, Unitech suffered a jolt when its 10 directors were suspended by the tribunal.

Unitech jumps 20 pc as NCLT allows govt to appoint 10 nominees

Company has over Rs 6,000 crore debt with more than 16,000 undelivered units from a total of nearly 70 projects.

11 Dec 2017 11:11 AM IST

Earlier in the day, Unitech suffered a jolt when its 10 directors were suspended by the tribunal.

Management interference detrimental to stakeholders: Unitech

NCLT ordered suspension of its eight directors and allowed the government to appoint nominees.

9 Dec 2017 12:13 PM IST

Earlier in the day, Unitech suffered a jolt when its 10 directors were suspended by the tribunal.

NCLT refuses to put Unitech order in abeyance

Tribunal directed Unitech Managing Directors Sanjay Chandra and Ajay Chandra to file their replies.

8 Dec 2017 5:33 PM IST

The government had approached the NCLT to take over the management of Unitech alleging mismanagement and siphoning of funds by the management.

NCLT allows govt to appoint 10 directors on Unitech board

NCLT has also issued notice to Unitech Ltd directing it to file the reply.

8 Dec 2017 1:50 PM IST

Supreme Court of India. (Photo: PTI)

Supreme Court stays NCLT order of Unitech takeover

The NCLT had allowed the government to name new directors on the board of the debt-ridden firm to protect the interest...

14 Dec 2017 3:15 AM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

Banks set to refer 23 of 28 large dud accounts to NCLT

Banks will also have to make a provision of 50 per cent on these accounts by March 2018.

13 Dec 2017 1:36 PM IST

Earlier in the day, Unitech suffered a jolt when its 10 directors were suspended by the tribunal.

SC stays NCLT order allowing Centre to take over Unitech Ltd

NCLT order had come after the Centre moved the panel with a view to protect the interests of nearly 20,000 home buyers.

13 Dec 2017 11:56 AM IST

Representational Image.

NCLT okays RCap shareholders' meet for listing Reliance Home Finance

Listing of Reliance Home Finance is expected to be completed by September, Reliance Capital said.

21 Jun 2017 2:07 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Bankers to meet from Monday to decide on large loan defaulters

Banks will meet to discuss six of the 12 accounts named by the RBI before referring accounts to the NCLT.

18 Jun 2017 3:08 PM IST