The conditions for approval include the nod of VIL shareholders and conversion of interest liability on the company arising from the deferment of adjusted gross revenue...

The dip in its profits came even as revenues increased to Rs 5,719 crore from Rs 4,831.65 crore in the year-ago period...

In a regulatory filing, FEL said it could not make the payment of interest of Rs 1.22 crore on its NCDs...

The company may raise the fresh funds by way of equity, bond or foreign currency floats...

This marks the first successful resolution of the Insolvency and Bankruptcy Code in the financial services sector...

On the BSE, the Vodafone Idea stock soared 25.98 per cent, or Rs 2.32, to end at Rs 11.25, leading to a market capitalisation of Rs 32,327.31 crore...

The market regulator also barred the fund house from launching new fixed maturity plan schemes for 6 months...

The company will issue up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) E30-B Series of face value of Rs 10,00,000 each...

If the proposal was accepted, the recovery for fixed deposit holders would have gone up to around 41 per cent from 23 per cent of their total claim earlier...

The development adds an interesting twist in the wrangle over the troubled mortgage financier, weighed down by outstanding debt of well over Rs 91,000 crore...