The 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...

Rejecting the petition filed by Anrak Aluminium, the NCLT's Hyderabad bench advised it to approach government agencies to resolve the issue...

The development comes weeks after the AP government decided to cancel the agreement that APMDC had entered into with Anrak Aluminium to sup...

The SIT had sought custodial interrogation of the four individuals to confront each other as it suspected they were not telling the truth, ...

The joint venture between the Penna group and UAE’s RAKIA has challenged the petition, arguing that it had already entered into a onetime s...

Last week, following RBI’s directives of the banking regulator, SBI moved the NCLT’s Hyderabad bench with an insolvency petition under Sect...

The international arbitration notice has been filed citing provisions of the India-UAE Bilateral Investment Protection Agreement and UNCITR...

Ashok Leyland Limited is scouting for acquisitions in BRIC countries, according to a top official of the company.

The UAE-based company Rakia Georgia, which is developing a free industrial zone in Poti (Georgia), is eyeing investments of around $ 10-15 ...

In a major development, the last batch of central forces deployed in trouble-torn Kandhamal district was withdrawn according to Kandhamal d...

Last batch of Central forces deployed in Kandhamal district withdrawn.

Ras-Al-Khaimah Investment Authority (RAKIA), a provincial investment company of UAE, today said it would investment $2 billion to set up an...

Ras Al Khaimah Investment Authority (RAKIA), set up by the government of Ras Al Khaimah (RAK) in UAE to promote investments in RAK and abro...