Jet Airways founder Naresh Goyal booked in money-laundering case; residence raided, statement recorded
Last year, the ED had registered an offence against Goyal and his wife in connection with FEMA (Foreign Exchange Manipulation Act) violations.
Jet Airways revival plan: Creditors panel to meet today, may decide on extending deadline to two suitors keen on crisis-hit airline
The second bidder, South America-based Synergy Group, did not submit a plan for Jet Airways and the group reportedly sought clarity on slots in the domestic and international routes of the grounded airline.
Jet Airways crisis: NCLT approves extension of grounded airline's insolvency resolution period by 90 days
On Thursday, Synergy Group Jet Airways' sole potential bidder had sought more time to take a decision on investing in the grounded airline.
Insolvency proceedings initiated against debt-ridden Jet Airways; NCLT bench instructs resolution professional to file fortnightly progress report
Jet Airways became the first domestic airliner to go into bankruptcy
Kwality insolvency: NCLT gives debt-ridden dairy firm 90 days more time to complete resolution process
Kwality is currently undergoing the CIRP as per the provisions of the Insolvency and Bankruptcy (IBC) Code, pursuant to an order of NCLT
Financial institutions set to realise Rs 80,000 crore from Insolvency and Bankruptcy Code in FY20: Icra
During the last financial year, cases resolved under the IBC include Electrosteel Steel, Monnet Ispat Ltd and Amtek Auto Ltd
In October last year, global private equity player KKR had filed insolvency plea against Kwality Dairy before the NCLT.
Lenders can move insolvency plea against guarantor without initiating CIRP for defaulting firm: NCLAT
NCLAT's direction came earlier this month over a batch of petitions filed against an order of the NCLT Kolkata bench, where it has allowed the insolvency plea filed by the state-owned REC against Ferro Alloys Corporation.
Patanjali renews interest in Ruchi Soya takeover as Adani Wilmar raises asset concerns of edible oil firm
Patanjali Ayurved has approached the NCLT challenging the decision by Ruchi Soya's lenders to approve Adani Wilmar's Rs 6,000 crore takeover bid.
Adani group firm Adani Wilmar, which sells cooking oil under Fortune brand, and Baba Ramdev-led Patanjali were in the fray to acquire Ruchi Soya.
The findings were based on a survey of 500 people who activated new or used phones from April to June 2018.
Adani group emerges as highest bidder with Rs 6,000 cr offer for Ruchi Soya; Patanjali can up its Rs 5,700 cr bid
The Committee of Creditors (CoC) of Ruchi Soya, in its meeting held on Tuesday, opened the bids submitted by the two contenders -- Patanjali group and Adani Wilmar, which sells cooking oil under the Fortune brand.
Ruchi Soya, facing the insolvency proceedings, has a total debt of about Rs 12,000 crore.
Android loyalty has hovered at 89 to 91 percent since January 2016, while iOS loyalty has been between 85 and 88 percent.
A wide-scaled discussion, led by the officials of the Commission on Science and Technology for Development will ...