The National Company Law Tribunal (NCLT) on Monday asked the committee of creditors (CoC) of debt-ridden Bhushan Steel to consider the objections raised by its employees over the bid submitted by Tata Steel.
Challenges related to dispute settlement will be the key focus area of the WTO's mini-ministerial meet being held here. While India is keen to bring up the issue of rising protectionist tariff measures by Washington, the US has expressed concerns over the trade body's functioning and sought reforms.
ICICI Securities, a subsidiary of ICICI Bank, is keen to expand the share of merchant banking and financial advisory services in its total business amid rising corporate interest in stressed assets going for resolution under the Insolvency and Bankruptcy Code (IBC).
Strange as it may seem, a government which has been promising not to bring in retrospective tax legislations, has in its just passed Finance Bill for 2018 managed to breathe new life into a law it had scrapped some eight years ago: the Foreign Contribution Regulation Act 1976.
The Dalmia Bharat-led consortium is ready to pay all debts to secured creditors by March 31 if the National Company Law Tribunal approves its resolution process for stressed asset Binani Cement on Monday.
Eastern India is emerging as a major destination for gas pipeline players with H-Energy, a subsidiary of real estate firm Hiranandani Group, proposing a 125km pipeline between Kukrahati near Haldia and Itinda near Basirhat.