Ant Financial will see its stake touch almost 29%, making it the largest shareholder in Zomato, ahead of InfoEdge. It has been backing Zomato since it picked up a 14.7% stake in February last year.
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Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be
Finance Minister Nirmala Sitharaman on September 14, announced third set of measures to boost the economy. In a bid to arrest the current slowdown, Finance Minister Nirmala Sitharaman on Saturday announced the government’s third set of measures to revive the…
The Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted Reliance Marine, a subsidiary of the Anil Ambani-led Reliance Naval and Engineering, under the insolvency and bankruptcy code (IBC) proceedings almost two years after the application was first filed, as per ET reports.
The National Company Law Tribunal approved Luxembourg based steel company ArcelorMittal to take over Essar Steel.
India is aiming towards achieving a 5 trillion-dollar economy by 2024. Investors around the world are showing great interest in the rapidly growing economy. Still, the country’s very own citizens are sometimes afraid of investing their money in the stock market.
Air India pilots body demands payment of Rs 1,200 crore arrears ahead of carrier’s disinvestment
Jet Airways had told bankers as much when they sought to interest the group in a rescue plan before the carrier was sent to the bankruptcy court. The focus for the Tata Group will be assets it can use to step up and tap the space created by the exit of Jet, officials said.
Jet Airways Employee Consortium on Friday announced their partnership with AdiGroup to bid for the acquisition of 75 per cent stake in debt-ridden Jet Airways through the National Company Law Tribunal (NCLT) process.