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Supreme Court allows NCLAT to consider NBCC proposal for 17 stalled projects of Supertech LtdThe Supreme Court permits the National Company Law Appellate Tribunal (NCLAT) to assess NBCC's proposal to complete Supertech Ltd's 17 stal...
NBCC moves SC to complete stalled projects of realty major Supertech LtdThe state-owned NBCC has approached the Supreme Court to complete Supertech Limited's 17 stalled projects, affecting around 27,000 homebuye...
NBCC's three-phase plan to complete 50,000 Supertech homes offers hope for stranded home buyers amid insolvency proceedingsThe state-owned NBCC has put forward a three-year construction schedule to provide reassurance to numerous homebuyers. The objective of the...
Stocks in news: NBCC, Biocon, Maruti Suzuki, Tata Motors, Bajaj Finance, FirstCry, UnicommerceThe Board of NBCC approved a bonus issue of shares to shareholders in the ratio of 1:2, which means investors will get one additional share...
NBCC eyes Supertech's troubled projects amid legal and financial turmoilNBCC has informed IRP and lender Union Bank of India that it is ready to take all the projects of Supertech, provided it is given complete ...
Stocks in news: HDFC Bank, Torrent Pharma, Cipla, RIL, Biocon, Tata MotorsTorrent Pharmaceutical is in preliminary talks with Apollo Global Management to secure a loan of up to $1 billion to help fund a planned bi...
Jaypee Infra insolvency: Consortium lenders, except ICICI Bank, assign their debt to NARCLJaypee Infratech Ltd (JIL) is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency & ...
Stocks in the news: Coffee Day, SBI, NBCC, CG Power, MMTC and STCPrivate equity giant KKR India picked up 10 per cent stake in CG Power.
Share market update: PSU Bank shares under pressure; PNB plunges 10%The Nifty PSU Bank index was trading 4.69 per cent down at 3148.55 around 10:52 am.
Share market update: Metal shares decline; Welspun Corp down 2%The Nifty Metal index was trading 1.13 per cent down at 2818.95 around 10:35 am.
NBCC to submit revised bid to acquire Jaypee Infratech by April 25Lenders of Jaypee Infratech met Tuesday here and asked NBCC to submit their plan by April 25 as requested by the public sector firm, source...
Jaypee Infratech lenders seek revised bids from NBCC, Suraksha GroupA meeting of the committee of creditors (CoC) was held to discuss resolution plans submitted by NBCC and Suraksha Group.
NBCC to monetise Jaypee Infratech assets to complete stuck projectsNBCC has also assured home buyers of completing pending projects within 3 years if its bid gets accepted.
Jaypee infra lenders seek clarity from NBCC on acquisition bidState-run NBCC and Suraksha Asset Reconstruction Company have bid and are in race to acquire Jaypee Infratech under the Insolvency Resoluti...
Share market update: BSE Capital Goods index up; NBCC surges over 5%Benchmark NSE Nifty50 index was up 101.15 points at 10,880.95 while the BSE Sensex was up 339.59 points at 36,146.87.
Still waiting for your dream flat in Noida? NBCC may be saviourTo begin with, the panel headed by Union housing secretary DS Mishra, will take up the stalled projects of four real estate players - Unite...
Bullish on NBCC, Union Bank; sell Hindustan Zinc: Sandeep WagleAt Rs 444, IGL may correct by another Rs 15-20. Wagle says he would use the fall to buy into the counter for target of Rs 480-500.