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SC agrees to hear plea on Rs 500 cr UAE money decree in July as mediation failsThe Supreme Court will hear a plea concerning a Rs 500 crore money decree from a UAE court. Mediation efforts led by former Chief Justice U...- Ashok Leyland bags mega order for 1,400 school buses in UAEThe world's fourth largest bus manufacturer also said that the 55-seater Falcon bus and 32-seater Oyster bus - will be supplied from Ashok ...
- Andhra Pradesh mulls buying out Rakia’s stake in aluminium JVThe state government recently constituted a committee of senior officials headed by its mining secretary Gopala Krishna Dwivedi to explore ...
- RBI asks SBI to move NCLT against Anrak AluminiumThe consortium of 23 banks led by SBI had extended loans of around Rs 4,000 crore to Anrak Aluminium’s projects and the entire loans turned...
- NCLT rejects Anrak's insolvency petition in 'national interest'Rejecting the petition filed by Anrak Aluminium, the NCLT's Hyderabad bench advised it to approach government agencies to resolve the issue...
- Anrak moves NCLT after Andhra Pradesh government declines Bauxite supplyThe development comes weeks after the AP government decided to cancel the agreement that APMDC had entered into with Anrak Aluminium to sup...
- CBI team’s plan to arrest meat exporter Moin Qureshi couldn’t materialiseThe SIT had sought custodial interrogation of the four individuals to confront each other as it suspected they were not telling the truth, ...
- Hyderabad High Court stays Insolvency proceedings against Anrak AluminiumThe joint venture between the Penna group and UAE’s RAKIA has challenged the petition, arguing that it had already entered into a onetime s...
- SBI enters into compromise deal with AnrakLast week, following RBI’s directives of the banking regulator, SBI moved the NCLT’s Hyderabad bench with an insolvency petition under Sect...
- Ras Al-Khaimah Investment Authority sends India arbitration noticeThe international arbitration notice has been filed citing provisions of the India-UAE Bilateral Investment Protection Agreement and UNCITR...
- Ashok Leyland scouting for acquisitions in BRIC countriesAshok Leyland Limited is scouting for acquisitions in BRIC countries, according to a top official of the company.
- Rakia Georgia eyes $10-15-bn Indian investment in Poti FIZThe UAE-based company Rakia Georgia, which is developing a free industrial zone in Poti (Georgia), is eyeing investments of around $ 10-15 ...
- CRPF withdrawn from KandhamalIn a major development, the last batch of central forces deployed in trouble-torn Kandhamal district was withdrawn according to Kandhamal d...
- CRPF withdrawn from KandhamalLast batch of Central forces deployed in Kandhamal district withdrawn.
- UAE's RAKIA plans $2 billion aluminium smelter in Andhra PradeshRas-Al-Khaimah Investment Authority (RAKIA), a provincial investment company of UAE, today said it would investment $2 billion to set up an...
- UAE emirate to invest Rs 2,000 cr in IT, resortsRas Al Khaimah Investment Authority (RAKIA), set up by the government of Ras Al Khaimah (RAK) in UAE to promote investments in RAK and abro...
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