Companies & Sectors

Lenders of Bhushan Power & Steel Ltd have approved with most votes to close the company's deal with JSW Steel Ltd. According to reports, the resolution plan of JSW Steel received more than 65% votes. Lenders, including State Bank of India (SBI), Punjab National Bank (PNB) and Canara Bank have...
  • The government may make one last attempt next fiscal to sell more than two dozen sick and loss making entities that have failed to secure investor interest in earlier rounds of strategic sale. Failing this, these enterprises that have eroded their net worth, would be closed and their assets...
  • India ranks third in the world for women working in senior management positions, according to the Women in Business 2021 report by global accounting and consulting firm Grant Thornton.   The percentage of women in senior management for India stood at 39 per cent, as against the global...
  • The Supreme Court (SC) has dismissed a special leave petition (SLP) filed by the enforcement directorate (ED) for attaching fixed deposits (FDs) worth Rs822 crore of erstwhile Satyam Computer Services Ltd.    In a regulatory filing, Tech Mahindra Ltd, who took over Satyam Computer...
  • National Company Law Tribunal (NCLT), Mumbai has upheld the petition of Doha Bank resulting in 100 per cent recovery for the Financial Creditors of Reliance Infratel Ltd. (RITL), aggregating to Rs 3,515 crore.   Doha Bank, one of the Financial Creditors of RITL had filed an...
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