National Company Law Tribunal
Healthcare
SevenHills Hospitals back on the market after deal with UAE billionaire falls apart
SevenHills Hospitals Pvt. Ltd has again become available for sale with its creditors starting a new search for a buyer ......
TMT
Media company Sri Adhikari Brothers dragged into bankruptcy
Sri Adhikari Brothers Television Network Ltd has been admitted into bankruptcy after defaulting on a bank loan. The Mumbai...
General
Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious
Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......
Consumer
Bankers block Haldiram's big-ticket entry into dairy business yet again
Haldiram Snacks Pvt. Ltd’s attempt to acquire a debt-laden dairy company hasn’t made any headway with lenders to the...
Consumer
Haldiram's big-ticket move to enter dairy business hits a hurdle
Haldiram Snacks Pvt. Ltd’s plan to acquire a dairy company has run into a roadblock after the insolvent firm’s lenders...
TMT
Insolvency court admits case against Flipkart but high court orders stay
A tribunal in Bengaluru has ordered to start insolvency proceedings against Flipkart India Pvt. Ltd for a payments default, but...
Consumer
NCLT allows insolvency plea against Typhoo tea maker Apeejay Tea
The National Company Law Tribunal (NCLT) has ordered to start insolvency proceedings against Apeejay Tea Ltd, one of India’s...
Manufacturing
Enforcement Directorate links over $500 mn Bhushan Power assets to fraud probe
India’s financial fraud agency said on Saturday assets worth 40.25 billion rupees ($567.60 million) of Bhushan Power &...
Infrastructure
Mumbai developer Lokhandwala goes bust, felling skyscraper plans with Shapoorji
Lokhandwala Infrastructure Pvt. Ltd is the latest to go bust, its bankruptcy spoiling plans to complete the 90-floor iconic Minerva...
Healthcare
UAE-based billionaire's big India hospital deal hits new hurdle
Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that would have doubled his...
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