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Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...- NCLT approves Rs 730 cr resolution plan for Rajesh Business & Leisure HotelsThe National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels. A consortium of Rare Asset Reconstructi...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Sony Pictures reorganising units to boost regional market growthSony Pictures Networks India is embarking on a transformative journey by integrating all regional TV and content ventures into a cohesive u...
- Nine bidders for GVK's Alaknanda hydro power plantNine bidders, including Adani Power and JSW Energy, have submitted formal offers ranging from Rs 3,000 crore to Rs 4,000 crore for GVK Ener...
- Crypto lender Genesis, parent firm DCG reach in-principle deal with creditors: court filingGenesis filed for bankruptcy in January owing at least $3.4 billion to creditors and reached an agreement in principle on a restructuring p...
- Wipro largest unsecured creditor of bankrupt VICE MediaAccording to filings, it also owes money to other companies that provide enterprise software services to the company, including Workday, Ad...
- FTX gets official creditors' committee in its bankruptcy caseThe committee - which includes a mix of individual account holders, investment funds, and an affiliate of U.S. crypto firm Genesis - will r...
- Essar Steel: Finally bankers expect money next monthOn November 15, the apex court paved the way for ArcelorMittal to take over Essar Steel for Rs 42,000 crore, giving primacy to secured cred...
- Dues settlement row: RCom says Ericsson attempting media trial, endangering interest of creditorsIt also said that Ericsson is sensationalising and distorting the issue.
- Are home buyers secured financial creditors or unsecured creditors under IBC?Under IBC the difference between secured financial creditors and unsecured financial creditors mostly has an implication on the priority of...
- Mantri Realty urges unsecured lenders to negotiate duesMantri Realty has filed a scheme for reconstruction and compromise between the company and its unsecured creditors and employees.
- Indage Vintners challenges wind-up order; hearing on ThursdayIn its appeal, troubled wine-maker Indage said it was not insolvent and its workers would suffer if it was to be liquidated.
- Wockhardt's asset sale caught in creditors’ crossfireThe sale of Wockhardt’s nutrition business to Abbott Laboratories has hit a roadblock as differences regarding rights on the sale proceeds ...
- Secured lenders insecure over Wockhardt's planSecured and unsecured creditors of debt-ridden pharma firm Wockhardt are singing in different tunes to support the sale of the company’s nu...
- Wockhardt CDR plan may set precedent for debt recoveryTroubled pharma company Wockhardt’s corporate debt restructuring (CDR) plans that led to its overseas unsecured creditors taking the compan...
- Lyondell creditors want audit of RIL bid appraisalLyondell Chemical’s unsecured creditors want a court-appointed examiner to investigate how the chemical maker is evaluating a bid from Reli...
- Spice Comm gets shareholders', creditors' nod for amalgamationTelecom player Spice Communications on Thursday said it has received the approval from shareholders, secured and unsecured creditors of the...
- RPL shareholders vote on RIL-RPL merger, result tomorrowShareholders, secured and unsecured creditors of Mukesh Ambani-led Reliance Petroleum Ltd (RPL), met at Jamnagar today in an extra-ordinary...
- Raytheon moves court opposing demerger of JSW EnergyUS multinational Raytheon has moved the Bombay High Court opposing the proposed de-merger of Jindal Steel Works Energy (JSW Energy) with it...
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