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ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

Jaipur's Royal Family: 15-Year Battle Ends

A battle royale, fought over 15 long years, comes to an end as a prince and a princess -- grandchildren of the legendary Rajmata Gayatri Devi -- get back the Jai Mahal Palace Hotel from their......

Govt names former SC judge Ashok Bhushan as NCLAT president

The government has appointed Justice Ashok Bhushan, a former judge of the Supreme Court, as chairperson of the National Company Law Appellate Tribunal (NCLAT). Besides, it has appointed Justice......

Centre testing our patience, emasculating tribunals: SC

The Supreme Court Monday said the Centre was testing its "patience" and "emasculating" tribunals by not appointing officials to the quasi-judicial bodies which are facing severe crunch of presiding......

Jet Airways gets DGCA nod to resume flights, should take off by September

Jet Airways will be able to take to the skies once again, after aviation regulator DGCA on Friday granted it a revalidated air operator certificate, allowing the airline to resume commercial flight......

Retail investors put over Rs 2,000 cr in bankrupt firms, hoping for revival

Retail investors have put at least Rs 2,296 crore in listed companies facing proceedings under the Insolvency and Bankruptcy Code (IBC). Photograph: Joshua Lott/Reuters A median such-company had......

Future Retail gets time till May 12 to file reply on insolvency plea

The National Company Law Tribunal (NCLT) on Thursday gave crisis-hit Future Retail Ltd (FRL) time till May 12 to submit its reply to the insolvency petition filed against the company by Bank of......

What Future plans to do after its deal with RIL was rejected

Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs......

Reliance says deal with Future group is off after secured creditors vote it down

Almost 21 months after signing an agreement for a Rs 24,713-crore deal with the Kishore Biyani-led Future Group to acquire its retail, wholesale, logistics and warehousing assets, Reliance......
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