Hindalco, Tata Motors, Titan Company, Grasim Inds. and Tata Steel were among the top losers on NSE.

Apollo Hospital, Divis Labs, Maruti Suzuki, M&M and Tech Mahindra were among the top losers on NSE.

The order was in response to a petition filed by the ministry of corporate affairs against the bankrupt group.

In December 2017, the company was admitted under the Corporate Insolvency Resolution Process in a petition filed by the State Bank of India...

Deccan Value says its plan ‘vitiated’ as ‘incorrect info’ on asset was shared.

Metalyst Forgings Ltd was the promoter of Castex Technologies Ltd at the the time of violation.

NCLT called the plea “malafide” and meant to intentionally delay the approval of its resolution plan by the tribunal.

DVI now wants to withdraw the proposal, claiming discrepancies in the information shared with the company and what existed on ground. Metal...

In a strongly worded order, the tribunal questioned the group’s bona fides, further highlighting its problems in establishing its credentia...

US firm says the plan is not feasible due to ‘misrepresentation of facts & no consensus’

Amtek Auto is a key supplier to leading auto manufacturers such as Maruti Suzuki and Tata Motors.

The three companies have combined dues of about Rs 22,300 crore.

The consortium led by IDBI and other banks has decided to conduct an auction this week to find a suitable buyer. IDBI Capital and SBI Capit...

"The Board of Amtek Auto Ltd, Metalyst Forgings Ltd, ARGL Ltd and Castex Technologies Ltd discussed the proposed investment of equity by ov...

With Thursday’s losses, the auto component maker's stock has seen a 80 per cent erosion in its market capitalisation in the past one month.

As per the report, the group debt stood at Rs 15,073 crore and interest payment has surged by 43% on a sequential basis.

The group companies have lost nearly one-third of their market capitalisation (about Rs 4,300 crore) since the start of August.