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Will defence ministry okay Anil Ambani's Reliance Naval?

Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......

Videocon insolvency: Lenders make U-turn, want fresh bids

After getting rapped for accepting Vedanta group's bid that would give just 5 per cent of their outstanding loans, lenders to Videocon Industries on Monday approached the insolvency appellate......

PE major Advent snaps up Eureka Forbes for Rs 4,400 cr

After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent......

Jet Air to resume domestic services in Q1 of 2022

Jet Airways will restart domestic operations by the first quarter of 2022 and short haul international flights by the last quarter of the next year, Jalan Kalrock Consortium, the winning bidder for......

Tribunal issues notice against Jet resolution

Public sector lender Punjab National Bank (PNB) has moved the Insolvency appellate tribunal NCLAT against the approval of bids for defunct airline Jet Airways. The National Company Law Appellate......

Assets of Videocon promoters to be frozen, attached

The National Company Law Tribunal (NCLT) has directed to freeze and attach assets and properties of Videocon promoters following a petition by the ministry of corporate affairs. The NCLT Mumbai......

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