Supreme Court allows case settlement after insolvency proceedings begin
Supreme Court also rules that a case can be withdrawn after proceedings have begun against a company Source: Livemint.com (http://www.livemint.com/rss/industry)
Supreme Court also rules that a case can be withdrawn after proceedings have begun against a company Source: Livemint.com (http://www.livemint.com/rss/industry)
Google India reaffirmed its commitment to digitally empower small and medium businesses by recognising business leaders who have embraced technology to power growth Source: Livemint.com (http://www.livemint.com/rss/industry)
NCLT has rejected Binani Cement’s argument that Bank of Baroda’s application to initiate bankruptcy proceedings against it had technical flaws Source: Livemint.com (http://www.livemint.com/rss/industry)
As part of a bailout package, finance ministry is considering relaxing spectrum payment obligations, as a healthier telecom sector will be beneficial for govt finances as well Source: Livemint.com (http://www.livemint.com/rss/industry)
IDBI Federal Life Insurance is in the process of hiring investment banks to manage the 100% stake sale that could provide an exit to IDBI Bank, Federal Bank and Ageas…
Combined losses of state-run power discoms in 26 states and Puducherry fell 21.5% in 2016-17 due to efforts under UDAY scheme Source: Livemint.com (http://www.livemint.com/rss/industry)
The merger of Vodafone India and Idea Cellular will create India’s largest telecom company, eclipsing Airtel, and pose a formidable challenge to Reliance Jio Source: Livemint.com (http://www.livemint.com/rss/industry)
In a country with few smartphone users and low internet penetration, Reliance Jio’s latest offering JioPhone seeks to capture a huge untapped market Source: Livemint.com (http://www.livemint.com/rss/industry)
Indian telecom have traditionally steered clear of bundling phone and tariff plans, but Reliance Jio’s 4G feature phone can change that strategy Source: Livemint.com (http://www.livemint.com/rss/industry)
Amtek Auto has not objected to the admission of its bankruptcy case and requested NCLT to also consider its bad loan resolution plan Source: Livemint.com (http://www.livemint.com/rss/industry)