Vedanta outbids JPL for AthenaResources conglomerate Vedanta's final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under th...
10 May, 2022, 11.04 AM IST
India's video OTT market to touch $12.5 billion by 2030: Report"OTT industry is poised for aggressive growth prospects with access to better networks, digital connectivity and smartphones. OTT platforms...
18 Jul, 2021, 10.35 AM IST
Disinvestment process: Shipping Corp opens virtual data room for potential biddersVirtual data room access will allow the bidders to obtain detailed financial information about the company as well as scrutinise financial ...
12 Jul, 2021, 05.54 PM IST
All three bidders for Dewan Housing Finance are likely to junk some conditionsVoting may extend up to Jan 10 in the new year as thousands of creditors at DHFL will be given enough time to deliberate and seek internal ...
21 Dec, 2020, 10.05 AM IST
Write-downs to surge for companies as Covid hits demandAn increasing number of Indian firms are staring at write-downs in their business this fiscal.
04 Jul, 2020, 05.22 PM IST
LIC’s valuation pegged at over Rs 11 lakh croreLIC has return on equity of 396.8% in FY19 compared to 18.8% of SBI Life.
26 Mar, 2020, 08.04 AM IST
DIPAM ropes in L&L Partners as legal advisor for Concor divestmentThe government holds 54.8 per cent stake in Concor, which comes under the railways ministry.
10 Dec, 2019, 07.38 PM IST
RCom conducts second CoC meeting to discuss updates, appoint other advisorsThe dedicated bankruptcy court had appointed Deloitte as the RP for RCom and its units -Reliance Telecom and Reliance Infratel on June 21.
12 Jul, 2019, 07.37 PM IST
NCLT appoints Nanavati of Deloitte as RP for Reliance CommunicationsAccording to RCom's own admission, financial creditors have made claims worth Rs 57,382 crore from RCom and its two subsidiaries as of June...
21 Jun, 2019, 07.13 PM IST
SBI in favour of a single Resolution Professional for RCom, subsidiariesSBI made the proposal at a meeting of lenders on Thursday, arguing that it would ensure better coordination during the bankruptcy proceedin...
01 Jun, 2019, 08.44 AM IST
Doha Bank claims voting rights in Reliance Infratel wrongly reducedDoha Bank sought a stay on a meeting of the RCom committee of creditors (CoC) until the National Company Law Tribunal rules on its plea. Th...
30 May, 2019, 09.37 PM IST
RCom lenders likely to claim up to Rs 90,000 croreThe claim will be among the highest demanded from companies that have gone for insolvency.
13 May, 2019, 08.36 AM IST
IRPs of RCom, two units told to submit progress reportNCLT has held that stay on insolvency process of RCom and its 2 units has been vacated by NCLAT.
08 May, 2019, 06.46 AM IST
State Bank of India shortlists Deloitte as Interim Resolution Professional to manage RComSBI’s choice may have surprised other members of the committee of creditors since Deloitte’s financial bid for carrying out the resolution ...
07 May, 2019, 08.45 AM IST
RBSA Advisors alliance with Zolfo Cooper for restructuring services“Zolfo Cooper is one of the world’s leading and most respected firms in Restructuring Services," Rajeev R Shah, CEO & Managing Director, RB...
24 Jan, 2018, 08.18 PM IST
RBSA Advisors named interim resolution professional for Visa SteelThe State Bank of India, which is the lead bank, would initiate insolvency proceedings against Visa Steel.
04 Jan, 2018, 10.19 AM IST
Govt appoints RBSA as valuation advisors for disinvestment of Air IndiaThe government intends to sell Air India and its subsidiaries separately to maximise its earnings from the sale process.
24 Nov, 2017, 11.29 PM IST