NCLAT refuses to allow second round of bidding for Bhushan Power and Steel

NCLAT refuses to allow second round of bidding for Bhushan Power and Steel

The National Company Law Appellate Tribunal (NCLAT) on Thursday refused to entertain a second round of bidding for Bhushan Power and Steel Ltd, following a “suggestion” by the committee of creditors (CoC) of the debt-laden company.The two

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DoT clears Rs 4,000 crore Idea-ATC mobile tower sale deal

DoT clears Rs 4,000 crore Idea-ATC mobile tower sale deal

The telecom department (DoT) cleared Idea Cellular’s sale of nearly 9,000-odd standalone towers to a local arm of American Tower Corp (ATC) for Rs 4,000 crore.   A top DoT official told that the “Idea-ATC captive towe

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NSE issues show-cause notice to UB Holdings, 15 others for delisting of shares

NSE issues show-cause notice to UB Holdings, 15 others for delisting of shares

Leading stock exchange NSE has issued a show-cause notice to defaulter businessman Vijay Mallya-led UB (Holdings) for delisting of its shares as trading has been suspended for a long time due to regulatory non-compliance.

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Samara Capital in talks to buy Aditya Birla Group's More for Rs 2,500 crore

Samara Capital in talks to buy Aditya Birla Group's More for Rs 2,500 crore

Samara Capital is in advanced talks to buy Aditya Birla Retail’s (ABRL) supermarket chain More for about Rs 2,500 crore, people with knowledge of the development told . The private equity firm has almost completed its due diligence of the re

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