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GVK ENERGY NCLT
GVK Energy admitted to NCLT against IDBI’s PleaNCLT initiated insolvency proceedings against GVK Energy following IDBI Bank's application for a Rs 1,106 crore debt, stemming from a corpo...- Radha Smelters receives NCLT’s nod to acquire GVK Gautami PowerNCLT has approved Radha Smelters Pvt Ltd's resolution plan to acquire GVK Gautami Power Ltd for around Rs 207 crore, resolving Rs 2,759 cro...
- Stocks in the news: TCS, Delta Corp, Axis Bank, Infosys, Bajaj Auto and Adani PortsDelta Corp, GM Breweries, Trident Texofab, Supreme Infrastructure, Gujarat Hotels and Choksi Imaging are among the companies that will anno...
- Punjab to terminate power purchase pact with GVKThe development assumes significance as several Punjab Congress leaders, including Navjot Singh Sidhu, have been pressing for scrapping 'fa...
- Stocks in the news: Infosys, Zuari Agro, Vodafone Idea, NTPC and MindtreeZuari Agro Chemicals said it has resumed operations of its SSP plant in Mahad, Maharashtra.
- PFC sees more write-backs as asset quality improvesThe aggregate exposure on these are Rs 1,400 crore and PFC has 11 per cent provisioning on it.
- PFC Q4 profit jumps over twofold to Rs 2,117 croreThe firm's total standalone income increased to Rs 7,702.64 crore in the March quarter.
- Penny club swells 50% in crash, but don’t fall for big names at low pricesMany of the companies dragged to the NCLT for insolvency proceedings have turned penny.
- Power projects heading to NCLT may get to retain fuel supply pactsA high-level empowered committee considered these special dispensations to the troubled projects to help their lenders recover a fair value.
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