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Reliance Natural Resources had defaulted on a loan of Rs 526.1 cr from DHFL before it was taken over by Piramal Capital last September for Rs 34,250 cr
Ares SSG, Farallon offer loans at 24% per annum after long-drawn talks
Company makes a foray into coal-based power generation for the first time
RIL chief sees 24% spike in wealth to $103 bn; Gautam Adani takes second spot
Family's settlement offer is in Yes Bank's court, says Zee founder
Three lenders have combined exposure of Rs 13,483 cr in the troubled firm; express concern that despite tight deadlines mentioned in IBC, debt resolution is far from over
A resolution plan for Srei Infrastructure Finance is currently under process
A Tata Power spokesperson said the notice is a part of laid out procedures during such events and does not suggest any fault on its part
The Ministry sought to recover funds from former promoters by moving the Chandigarh bankruptcy court last month
Group promoter entities that have appealed against the transfer of pledged shares in lenders' names
The Mistry family has challenged apex court's March 2021 decision which agreed with Tata Sons board to remove Cyrus Mistry as chairman
77.63% of votes cast against adoption of annual audited financial statements
Tata Power says the issuance of the notice by MSLDC is a part of laid out procedures during such events.
Dish TV India, in which promoter entities have only 6% stake, did not disclose the AGM results citing a pending case in Bombay HC
Shareholders of two lending companies clear plans to sell loan assets up to Rs 14,500 crore.
State govt orders high probe to fix responsibility, as outage brings trains and other critical services to a grinding halt
Move to free up capital for both Tata Motors vehicle finance companies
Promoters' holding to fall to 12.7% as creditors convert loan into equity
$6 bn raised so far in 2022; next few months will be quiet, say market participants
The CBI, which examined top executives of ICICI Bank last week, is expected to call officials of some public sector banks in the coming week