NCLT clears the amalgamation of Bandhan Bank & Gruh Finance

The amalgamation of Bandhan Bank & Gruh finance has been approved by NCLT’s Kolkata and Ahmedabad benches. October 17 has been fixed as the record date following the effectiveness of scheme for determining shareholders of the merged entity.

Newly-inducted judges of NCLT take oath

Newly-inducted judges of National Company Law Tribunal (NCLT) took oath in New Delhi. They took oath in presence of NCLT President Justice Mahesh Mittal Kumar.

Pennar Industries Receives NCLT Approval to Merge PEBS Pennar and Pennar Enviro With Itself

HYDERABAD, May 16, 2019 /PRNewswire/ — Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company announced that it has received approval from National Company Law Tribunal (NCLT) to merge its subsidiaries Pennar Engineered Building Systems Limited (PEBS…

Debt-ridden RCOM to take NCLT route

As all other options for a resolution of outstanding debt have failed, RCOM has decided to approach the NCLT Mumbai [India], Feb 3 (ANI): The management of Reliance Communications Limited (RCOM) has decided to approach the National Company Law Tribunal…

What You Should Know About Interups Inc. — The US Company Set To Buy Air India

Interups Inc., a little know American company, has emerged as a serious contender for acquiring India’s national carrier.

Mukesh Ambani’s Succession Plan For Reliance — Everything Confirmed And Unconfirmed So Far

The lessons billionaire Mukesh Ambani learned the hard way about the need for prudent succession planning have led him to unusual steps to ensure the continuity of leadership at Reliance Industries Limited, India’s most prized corporate possession.

Tanla announces un-audited financial results for Q1FY2021

HYDERABAD, India, Aug. 12, 2020 /PRNewswire/ — The Board of Tanla Solutions Limited (NSE: TANLA) (BSE: 532790) at its Board Meeting held on August 12, 2020 announced the un-audited financial results for the quarter ended on June 30, 2020 for FY21. Revenue…

Chronicling The Jet Airways Saga: From Making History To Becoming It

The only consolation, perhaps, for Naresh Goyal – the airline’s affable founder – is that Jet Airways died a natural death (due to market forces); unlike the mass extinction, precipitated by the ongoing COVID-19 crisis, that awaits the airline industry at large.

NCLAT Restores Cyrus Mistry As Executive Chairman of Tata Sons

The National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as the Executive Chairman of the Tata Group and held that the appointment of N Chandrasekaran was illegal.

Mc Donald’s India furthers the government’s ‘Skill India’ mission

RASCI along with National Skill Development Corporation (NSDC) and Ministry of Skill Development and Entrepreneurship (MSDE) nominated McDonald’s to pioneer this education program, basis it’s robust people development practices that aim at building best-in-industry talent and imparting ‘skills for life’.