Why Meta is lining up massive supply of nuclear powerThe parent company of Facebook on Friday announced agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data...
Why is Oklo stock rising today? Here's the main reasonOklo's stock soared Friday following a new pact with Meta Platforms, directly linking the nuclear firm to the tech giant's burgeoning AI in...
Meta strikes nuclear power agreements with three companiesMeta and other Big Tech companies want to secure long-term electricity supplies as artificial intelligence and data centers increase U.S. p...
Hindujas, Rcap creditors spar over paymentsCreditors of Reliance Capital, represented by Vistra ITCL and IndusInd International Holdings Ltd (IIHL), are at odds over payment issues a...
NCLT rejects Vistra ITCL’s plea to include additional claim in Satra Properties insolvencyThe National Company Law Tribunal dismissed Vistra ITCL's application to include its additional claim in the resolution process of Satra Pr...
Vistra Q3 Results: Profit falls as hedging losses offset higher power demandVistra said in an earnings release that net income stood at $502 million in the three months ended Sept. 30, compared to $678 million a yea...
HC refuses to stay RCFL bondholders' vote on bidderA division bench of the Bombay High Court on Monday refused to stay a voting planned this week for the bondholders of Reliance Commercial F...
For bondholders of Reliance Capital, only half recovery likelyLarge institutional investors, including LIC and Employee Provident Fund Organisation (EPFO), collectively own about ₹6,000 crore of RCap b...
RattanIndia Power pares Rs 1,219 crore debt in last 15 months"During the last 15 months, RPL has repaid the debt of Rs. 1,219 crore to lenders, including Rs 200 crores as prepayment, even in the face ...
Reliance Capital bondholders seek RBI intervention for recoveryVistra ITCL, the trustee for bond holders constituting 96% of RCL’s debt, has written to the Reserve Bank of India (RBI), urging the regula...
Vistra ITCL invokes Future Retail sharesThe arbitrator had barred FRL from taking any step to dispose of or encumber its assets or issuing any securities to secure any funding fro...
Mortgage lenders of Amtek subsidiary approaches NCLT to protect their rightsThe appeal deals with a part of Amtek Auto’s factory land mortgaged with private lenders KKR India and L&T Finance.
Reliance Capital debenture holders’ trustee moves HC to protect investmentsThose shares are currently in the demat account of IDBI Trusteeship.
NCLAT sets aside insolvency proceeding against Ambience, asks NCLT to decide afreshA three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has remitted the matter back to the National Company Law Tribunal...
KKR India buys 10% in CG PowerAccording to the shareholding data for the June quarter 2019, Vistra ITCL is a public shareholder and held 21.63% stake in the company.
Sebi fines Vistra ITCL Rs 5 lakh for violating debenture trustees normsIn April 2016, Hongkong-based Vistra Group had acquired IL&FS Trust Company Ltd (ITCL), a subsidiary of IL&FS Group.
Vistra Group acquires Ujwal ManagementThe acquisition is Vistra’s second transaction in India this year following its acquisition of IL&FS Trust Company in April.