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NCLT MUMBAI STRIKE
NCLT Mumbai's outsourcing staff goes on strike over delay in salaryOver 150 contractual and outsourcing staff at Mumbai’s NCLT went on strike due to non-payment of December 2024 salary. They demand immediat...- NCLT Mumbai’s outsourcing staff goes on strike over delay in salaryThe Mumbai bench of the National Company Law Tribunal's outsourcing and contractual staff went on strike due to non-payment of December 202...
- RBI looks at asset reconstruction companies amid a flood of allegationsIndia's central bank is set to hold a meeting with top management from asset reconstruction companies (ARCs) to discuss corporate governanc...
- India’s bumper Apple harvest; GCCs go wider to hunt talentThe iPhone has driven India’s mobile exports to over $15 billion in FY24. This and more in today’s ETtech Top 5.
- Decoding the digital competition law; Perfios turns unicornIndia’s consumer internet firms have expressed reservations about the ex-ante framework in the proposed digital competition law. This and m...
- Sony-Zee merger: Sony yet to agree to a deadline extension to create $10 billion media behemothSony has not yet agreed to an extension deadline for its merger with Zee. Eager to hear Zee Entertainment's strategies, Sony anticipates so...
- Reliance Infratel ‘fraud’ tag to go after sale: LendersIn a bid to get the resolution of Anil Ambani’s Reliance Infratel back on track, lenders led by SBI have said that the ‘fraud’ tag on the c...
- Personal letters to Pallonji Mistry give no legal right: Ratan TataCyrus Mistry’s move seeking proportionate representation on Tata Sons board based on these an afterthought, says Tata confidant.
- NCLAT dismisses contempt plea against Anil Ambani, othersHSBC Daisy and others had moved a contempt plea in the appellate tribunal, alleging that Reliance Infratel had not paid up about Rs 230 cro...
- New NPA norms balanced, offer banks, borrowers a big breatherMerrill Lynch said the new framework accords banks flexibility to restructure stressed loans bilaterally (with provisions) or refer them to...
- 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.
- Analysts divided over Supreme Court order on NPA resolutionNomura said it does not see a surge in dud assets because of the apex court decision, but seemed to agree with its counterpart, saying reso...
- Concerns arise as taxman invokes GAAR to question domestic dealsTransactions that have attracted GAAR often include merging a loss-making company with a profitable group entity, thereby enabling the latt...
- The stealthy strike that may've set up the return of Tatas as India's steel kingHow many times have you seen a $5-bn takeover wrapped up in 72 hours flat? Well, here is one.
- Why contagion is no longer the biggest problem in IL&FS sagaThe fallout from IL&FS’s saga means that the RBI must also strike the right balance on policy front.
- How the IBC came as a shot in the arm for these debt huntersThe passage of the IBC in 2016 has led to a fire sale of sorts and some of the marquee assets of India Inc are suddenly available at a huge...
- Tata-backed Resurgent bids for power assets of JaypeeResurgent Power does not have electricity generating assets in its portfolio and has been looking at acquisition opportunities.
- Tatas created shadow board: Mistry counselMistry’s counsel Janak Dwarkadas said the Tata Trusts created a “shadow board, stage-managed by Ratan Tata and two others” to shake princip...
- Shorters bruised as RCom shares make a sharp recoveryStock unexpectedly jumped 45% before closing 34% higher at Rs 17.27 on Wednesday.
- Marathon man: Tatas pick first non-Parsi and professional executive as group chairmanN.Chandrasekaran, will take over as executive chairman from February 21, becoming the seventh in the 149-year history of the salt-to-softwa...
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