Publisher : livemint.com


Only a small segment of bondholders have agreed to be on board the proposed resolution.The process has been further complicated as certain bondholders have also initiated a process to take DHFL to bankruptcy court
Sept. 17, 2019, 10:31 p.m.
Publisher: livemint.com

Synergy Group’s Efromovich wants to understand the situation that led to grounding of Jet Airways.Germán Efromovich has also been interested in other airlines apart from Jet Airways
Sept. 17, 2019, 8:24 p.m.
Publisher: livemint.com

Bajaj Finance board approves raising of capital through QIP for an aggregate amount not exceeding Rs8,500 crore by issue of equity shares.Stock of Bajaj Finance closed 1.54% lower at Rs3,365.65 on the BSE
Sept. 17, 2019, 7:56 p.m.
Publisher: livemint.com

However, the tribunal restrained 63 moons from dealing in the assets till pendency of other issues at PMLA court .63 moons said it will take appropriate legal recourse against this part of the order
Sept. 17, 2019, 3:33 p.m.
Publisher: livemint.com


The move is in line with the Tata Group company's aim to sell sub-optimal international assets.The two wind power farms have about 230 MW of generation capacity
Sept. 17, 2019, 11:34 a.m.
Publisher: livemint.com

In other news, private equity (PE) firm KKR acquired a 10% stake in CG Power and Industrial Solutions Ltd by invoking the pledge on shares provided as collateral for credit facilities extended to entities related to promoter Gautam Thapar
Sept. 17, 2019, 9:40 a.m.
Publisher: livemint.com

All SpiceJet flights will arrive and depart from T2 of Mumbai Airport from 22nd September.In Delhi, SpiceJet and IndiGo have started domestic operations from T3 of IGI Airport from 5th September
Sept. 17, 2019, 9:19 a.m.
Publisher: livemint.com

Aichi Steel Corp has agreed to acquire a minority stake of 11.4% in Vardhman Special Steels.The two companies signed an agreement on the deal worth $7 million in a ceremony held in Aichi Prefecture
Sept. 17, 2019, 8:38 a.m.
Publisher: livemint.com

The airline owes over ₹8,500 crore, excluding interest, and other penal charges, to a clutch of lenders led by the State Bank.The lenders consortium, which owns 51%, had on June 17 sent the airline to the NCLT as they could not find a buyer
Sept. 17, 2019, 12:21 a.m.
Publisher: livemint.com

Former SBI chief Arundhati Bhattacharya is looking to start a general insurance business, along with Sunil Mehta, Deepak Ishwarbhai Amin.On 3 September, Bhattacharya and Mehta registered their company, Welmo Fintech
Sept. 16, 2019, 11:48 p.m.
Publisher: livemint.com