Page 63 - Dev Chatterjee/workspace/business Standard Web/undefined

Hinduja brothers must seek mediation to settle issues, say lawyers

The complex holding structure of various group companies across various jurisdictions can lead to multiple and fresh litigation for years, they warn.

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4

JSW group will bring down China imports to zero in 2 years: Parth Jindal

While the firm's defence division does not import from China, its other businesses source products from that country.

Prospective investors indicate appetite for YES Bank FPO at discount

Ready to invest at Rs 12-15 per share, a 50 per cent discount to current market price

Future group eyes insurance biz sale to SBI General, Premji Invest

The Future group holds 51 per cent in the general insurance business, while the rest is owned by Italy's Generali group.

Reliance Naval gets five EoIs from investors, deadline ends Saturday

The US-based fund, Interups, has submitted the EoI, apart from Arcil, APM of Denmark, United Shipbuilding Corp of Russia, and Next Orbit Ventures

Protracted litigation sets bad precedent, says Bid Services' Rory Mackey

In a Q&A, Rory Mackey, says India's long-drawn litigious process could impact one of its key infra assets and doesn't set a good precedent for the country as the preferred FDI

SBI seeks new consolidated transaction review, forensic audit of Lavasa

The new forensic audit was necessitated after the National Company Law Tribunal (NCLT) cleared a consolidated bankruptcy process of all Lavasa companies.

SBI seeks new consolidated transaction review, forensic audit of Lavasa

The new forensic audit was necessitated after the National Company Law Tribunal (NCLT) cleared a consolidated bankruptcy process of all Lavasa companies.

Hinduja brothers battle over $11-billion family fortune in UK High Court

A 2014 letter that says assets held by one brother belong to all four is at centre of legal dispute; S P Hinduja's daughter to act on his behalf

Higher FDI in defence sector to attract MNCs, give 'Make in India' a boost

The local companies will be at a disadvantage if they don't' get orders from the government

Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase

As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition

Tata Steel resumes talks with Germany's Thyssenkrupp for possible merger

Baosteel, SSAB also in race for German steel firm

Adani drops out of Snowman acquisition as Covid shrinks industry valuation

Snowman Logistics stock is down 35% since deal was announced last December; valuation also hit by Rs 13 cr loss reported by company in first nine months of FY20

Lockdown 3.0: Re-starting production a task cut out for India Inc

Rusty machinery, lack of labour, confusion over rules bug corporate honchos

Lenders again extend date for inviting bids for Lavasa Corporation

According to an insider, as the IBC process will not be able to garner good offers and the company should not be sent for liquidation as all stakeholders will lose money in the process

YES Bank auditor red-flags multiple breaches of RBI's norms in FY20

Bank sets aside Rs 334 cr for expected penalty for SLR breach

Tata Sons to infuse more capital into five firms impacted by coronavirus

FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance projects

Relief to Vodafone Idea as SC orders Rs 733-crore income tax refund

Vodafone Idea, which is facing a financial crisis after the apex court ordered it to pay AGR dues and penalties totalling Rs 53,000 crore, will, however, have to wait for other refunds

Over Rs 68,600-crore loans of wilful defaulters written off, says RBI

The write-offs are technical or prudential in nature, which means the banks have made 100 per cent provisions against the loans