Bengaluru (Karnataka) [India], January 27: The merger between Aster DM Healthcare Limited, and Quality Care India Ltd, one of the largest merger announcements in the healthcare industry has now received an order from the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench to conven
According to the company's release, Reliance Communications has been undergoing the Corporate Insolvency Resolution Process (CIRP) and is currently managed entirely by the Resolution Professional, under the supervision of the NCLT and its Committee of Creditors (CoC), led by the State Bank o
Conglomerate Jaiprakash Associates Limited, which has been under deep financial stress along with several financial creditors and thousands of homebuyers, will soon see light at the end of the tunnel with the resolution process expected to conclude soon, sources in the know said Sunday.
Mumbai (Maharashtra) [India], September 30:Veefin Solutions Limited(BSE: VEEFIN | 543931), Veefin Solutions Limited ("Veefin" or "the Company") today announced that its Board of Directors has approved a Scheme of Arrangement and Amalgamation involving its subsidiaries, GlobeTF Solutions Limi
The Supreme Court on Thursday admitted the appeals filed by the promoters of Byju's challenging the NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI, despite a full and final settlement of dues prior to the constitution of the Committee of Credi
Ahmedabad (Gujarat) [India], August 29: Boss Packaging Solutions Ltd, Ahmedabad based Packaging Machines Manufacturing & Solution company, is planning to raise up to Rs. 8.41 crore from its SME public issue. The company has received approval to launch its public issue on NSE Emerge Platf
Indian mining company Vedanta Limited has announced that it has received approval from 75 per cent of its secured creditors to proceed with its demerger scheme.
Columbia (South Carolina) [US], July 12: STL (NSE: STLTECH), a leading optical and digital solutions company today announced that it has achieved a significant milestone towards its Global Services Business (GSB) demerger, receiving approval from its shareholders, including secured and unsec
As one of the co-chairs of the OCC, along with France and Japan, India has been steadfast in its commitment to the stabilisation, recovery and growth of the Sri Lankan economy.
International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer has said the country needs to enter into agreements with its official and private creditors before the second review of the Extended Fund Facility (EFF), which is expected to be concluded by the end of the firs
Mumbai (Maharashtra)/ New Delhi [India], August 1: Cyril Amarchand Mangaldas (CAM) advised Tata Motors Limited (Tata Motors) on a scheme of arrangement for reduction by way of cancellation of capital (‘A’ Ordinary Shares) and payment of non-cash consideration (Ordinary Shares) for such reduc
Sri Lanka's creditor nations held their first meeting and discussed restructuring the island country's debt but China, which is itself the largest creditor, raised doubts over the success of the process, Nikkei Asia reported.