Finance Ministry’s nod to transform VI dues into fairness; Authorities will grow to be the biggest shareholder

Finance Ministry’s nod to transform VI dues into fairness; Authorities will grow to be the biggest shareholder New Delhi: Curiosity earned on Vodafone Concept’s deferred adjusted gross income (AGR) associated dues of Rs 16,130 crore, pending since January this yr, might be transformed into fairness. A proposal on this regard has been authorised by the … Read more

Piramal Capital drags Anil Ambani’s corporations to NCLT for dues

As per Piramal’s debt decision plan, any restoration from loans underneath default is not going to go to the lenders, however to Piramal, resulting in litigation from 63 Moons – one in all DHFL’s lenders. Pricey reader, Enterprise Commonplace has at all times labored laborious to supply up to date data and commentary on occasions … Read more