India sets course to procure 437 vessels by 2042India is planning to acquire 437 vessels to increase its domestic fleet. Some vessels will be built in India, while specialized ones like V...
BPCL subsidiary gets NCLT nod to take over Videocon OilBharat PetroResources secured the acquisition of Videocon Oil Ventures by matching offers and paying upfront, resulting in minimal creditor...
NCLT approves BPCL subsidiaries acquisiton of VoVL"The argument raised...that ROFR acts against there being a level playing field is equally fallacious. Being fully aware of the ROFR availb...
Businesses go for prenups before joining handsTaking cues from several ongoing disputes between promoters, JV partners and shareholders, entrepreneurs are putting a specific clause of ‘...
Indus-Bharti Infratel to gain from RoFR pacts with key customersIndus Towers will enjoy a RoFR for any fresh tenancy roll-out from both Bharti Airtel and the future Idea-Vodafone India combined entity,” ...
UP polls in sight, Greater Noida airport gets central pushIn Mumbai, the need for another airport was triggered by the fact that the existing Chhatrapati Shivaji Airport was no longer able to meet ...
DRT allows bankers' plea on lifting of corporate veil, passes two other ordersBankers had filed the IA seeking lifting of corporate veil to pierce the protection against personal liablity enjoyed by individuals contro...
DRT to pass orders on interlocutory applications in Vijay Mallya case tomorrowDutch beer major Heineken had filed an application before the Debt Recovery Tribunal, seeking to be impleaded in the case to enjoy Right of...
Tussle over IPL TV rights to get fiercer with exit of right of first refusal clauseThakur also said BCCI expects a “handsome” and “manifold jump” in revenues from the new round of negotiations on broadcasting rights, which...
No first right to Tatas if Taj Mansingh is auctioned: Mohan Parasaran, Solicitor General of IndiaSolicitor General of India Mohan Parasaran says that Tatas and NDMC should try and renegotiate the lease for Taj Mansingh hotel in Lutyens ...
- RIL, RCOM in war of words, again
Mukesh Ambani’s Reliance Industries on Thursday shot off another letter to Reliance Communications, the telecommunications company run by b...
- HTIL refutes Ruias claim of right of first refusal
Hutchison Telecommunications International (HTIL) on Thursday said the Ruias-owned Essar group does not have the Right of First Refusal (Ro...
- Battle for Hutch: Bids in, deal weeks away
Vodafone, Essar, RCOM put in bids ranging between $16-17 billion for 100% of the company.
- Suitors eye HTIL stake of Hutch Whampoa
In a bid to bypass the controversial first right of refusal (RoFR), which Essar says it enjoys if its JV partner Hutchison were to sell its...
- Will Essar go to court over RoFR tangle?
While the group is keeping mum on the issue, sources say the Essar group may hit the court.
- Ruias don't have right of first refusal: Hutch
With more suitors entering the fray to buy out HTIL’s 67% stake in Hutch Essar, the controversial ‘first right of refusal’ clause in the sh...
- Essar’s right of refusal may trip up Vodafone campaign
The Essar group has an all-inclusive right of first refusal (ROFR) in its agreement with Hutchison Whampoa.