Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.
Amazon has exclusive TV broadcast rights in France for the night sessions, which are taking place for the first time at Roland Garros. The late matches are being played without fans on Court Philippe-Chatrier because of the 9 p.m. curfew.
The National Investigation Agency on Wednesday claimed before the Bombay high court that former police officer Pradeep Sharma was the main conspirator in the "cold-blooded murder" of Thane businessman Mansukh Hiran, who was considered a weak link in the "larger conspiracy of terrorising" the family of industrialist Mukesh Ambani.
The about 60-pages prosecution complaint was filed by the federal agency before a special Prevention of Money Laundering Act court in Delhi on May 24.
Zombies, high society, avenging monkeys, reincarnation, twins, meteor strikes, you'll be spoiled for choice on OTT this week. Sukanya Verma makes her recommendations:
Describing the Central Vista project as 'vital and essential', the Delhi high court on Monday allowed construction work on the project to continue and imposed a fine of Rs 1 lakh on the petitioners for their 'motivated' plea.
Dominic Xavier asks if Umar Khalid's arrest is part of a fresh campaign to crush all dissent against the Modi government
'After 10 days, Balki, Sunny Deol and Pooja Bhatt liked what I did, and the tension eased.' 'I started calming down a little bit. but nobody knew that in my head a tandav was going on.'
'The middle class needs to be made aware of the migrants's plight.'
Parisian serial killers. Teen doctors. Desi ghostbusters. Potluck parties. Sukanya Verma suggests everything you can catch on OTT this week.
Still trying to figure out the "true identity" of alleged match-fixer Aneel Munawar, the International Cricket Council has hired a betting analysis company to investigate his claims of having fixed Test sessions in a recent TV sting operation.
Sania Mirza in her tribute to Serena wrote how the all-time great women's singles tennis player inspired her.
Hours earlier, a Spanish court issued a preliminary ruling in favor of the 75-year-old tycoon's extradition to the United States to face tax-related criminal charges.
Start your digital detox today before irreversible damage to health and mental complications stalk your life, advises Ramesh Menon.
Mother and son refuse to go away despite indications blowing in the wind that their leadership is ringing the death knell of the party, observes Ramesh Menon.
Amol Palekar tells Patcy N/ Rediff.com how he captured Kishori Amonkar's life in his documentary called Bhinna Shadaj.
Period. End of Sentence, which won an Oscar in the Documentary Short Subject category, has been produced by Guneet Monga.
The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Nonetheless, you must have a number of documents handy at the time of filing return so that you can cross-check the data in the pre-filled form. "Filing ITR doesn't require you to upload any document. But in case an assessing officer makes an inquiry, you will need to present documents and certificates as proof," says Deepak Jain, chief executive, TaxManager.in.
Priyanka Chopra and Nick Jonas announced the Academy Awards nominations.
Popcorn entertainment returns to your living rooms with quite a bang on OTT this week.
'We felt a documentary on an Indian Nobel laureate referring so insensitively to our politics and religion could result in a serious breach in the peace and harmony of the country.'
SpaceX Crew Dragon capsule splashed down in the Atlantic Ocean off coast Florida.
'If you have only one hit out of 100 movies in a year, it is death for Bollywood.'
In an order, the government's Drugs Control Department said that the step has been taken to address reports of "acute shortage of COVID-19 management drugs due to a sudden rise in COVID-19 cases in Delhi".
Priyanka Chopra Jonas issued an apology about her participation in The Activist after there was widespread backlash and criticism against the show.
'Of the people here in Europe who have watched The Story of Film: A New Generation, the most talked-about clip is the one from Ram Leela.'
'You become a critic because the job entails watching a 100 films a year, out of which there will be five or six good films.' 'It's really a glutton for punishment, but you're also optimistic and want to see exciting things.'
'When Covid first struck, the lockdown resulted in clean air in major Indian cities.' 'You were able to see the Himalayan range from Ludhiana.' 'In Delhi, you were seeing deer and stags all over the city because there was no traffic.' 'It was incredible. Nature was waiting to come back.'
'I met him in September, just days before he was hospitalised for Covid, for a documentary that his daughter was making.' 'He was in the pink of health, conversing with everyone the whole day.'
In the documentary, Sen speaks of social choice theory, development economics, philosophy and the rise of right wing nationalism across the world including India.
Nomadland dominates BAFTAs 2021 with four wins.
Dhoni led the Chennai franchise to its third IPL title in 2018, making it a dream return to the competition after the team served out a two-year ban for its management's role in the 2013 spot-fixing scandal.
Roger Federer admits he suffered a "bit of a breakdown" during last month's tour of Mexico and South America after rioting in Colombian capital Bogota forced him to cancel his exhibition match against German's Alexander Zverev.
Justice in medieval times, whodunit in the woods, mafia boss in the making, Sukanya Verma takes a look at the sheer variety on OTT this week.
Salman's comments will appear in a PBS documentary on the killing of Khashoggi last year as a result of a 'rogue operation' in the Saudi consulate in Istanbul.
The Supreme Court Friday said DNA test is not to be directed as a matter of routine but only in deserving cases as forcing an unwilling party to undergo a DNA test infringes the personal liberty and right to privacy of an individual.
Netflix has unveiled a line-up of 15 original series as well as returning seasons of popular shows.
Special judge M K Nagpal said that a prima facie case was made out against the accused for framing of charge against him for the commission of various offences punishable under the Indian Penal Code (IPC).
A Delhi Court on Friday dismissed the bail pleas of alleged middleman Christian Michel in connection with alleged AgustaWestland scam related corruption case filed by the Central Bureau of Investigation, and the money laundering case by the Enforcement Directorate.
There's tons of revenge and retaliation themed movies and shows on the OTT scene this week. Sukanya Verma suggests everything you can catch on OTT this week.
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