New Delhi, April 10 Jaypee Group founder Jaiprakash Gaur on Friday backed the lenders' decision to select the Adani Group as the winning bidder to acquire the assets of the bankrupt Jaiprakash Associates Ltd (JAL).In a statement, Gaur said that the committee of creditors has selected the Adani...
adani group
allahabad
assetacquisition
bankruptcy
committee of creditors (coc)
corporate insolvency
financial transactions
gautam adani
india
insolvency proceedings
jaiprakash associates ltd (jal)
jaiprakash gaur
jaypee group
national company law tribunal (nclt)
nclat
New Delhi, April 7 The real estate firm Nexus Select Trust has acquired a shopping mall in Kolkata for ₹347.5 crore to expand its business.According to a regulatory filing on Tuesday, the Board of Directors of Nexus Select Mall Management Pvt Ltd, the manager to Nexus Select Trust, approved...
New Delhi, March 31 In a case concerning allegations that a retired IRS officer acquired assets under different identities during his service and changed his name after retirement to claim ownership, the Central Information Commission has ordered the disclosure of the investigation to reveal...
action taken report
assetacquisition
central board of indirect taxes and customs
central information commission
complaints
department of revenue
file movement
fraudulent conduct
investigation disclosure
irs officer
name change
note sheets
public accountability
redaction
rti act
New Delhi, March 31 – Vedanta Ltd, owned by mining billionaire Anil Agarwal, has told the Supreme Court that its revised bid for the bankrupt Jaiprakash Associates Ltd was rejected, despite being better than Adani Group's offer.In its petition challenging the lenders' decision to accept...
adani group
assetacquisition
bankruptcy proceedings
cement industry
corporate debt restructuring
debt resolution
financial bid
financial creditors
hospitality industry
india
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd
nclat (national company law appellate tribunal)
nclt (national company law tribunal)
power industry
real estate industry
resolution plan
vedanta ltd
New Delhi, March 26 Leading cement maker UltraTech Cement on Thursday said it has settled with Jaiprakash Associates Ltd (JAL) in the arbitration dispute over the Dalla Super unit and associated mines.In a regulatory filing, UltraTech Cement said 1,00,000 Series A Redeemable Preference Shares...
adani group
arbitration dispute
assetacquisition
cement industry
corporate insolvency resolution process
dalla super unit
escrow account
jaiprakash associates
mine operations
nclat
preference shares
ultratech cement
upsccl
uttar pradesh
vedanta group
New Delhi, March 26 Leading cement maker UltraTech Cement announced on Thursday that it has reached an agreement with Jaiprakash Associates Ltd (JAL) in the ongoing arbitration over the Dalla Super unit and associated mines.In a regulatory filing, UltraTech Cement said it will redeem 100,000...
adani group
arbitration
assetacquisition
cement mines
clinker capacity
corporate insolvency resolution process
dalla super unit
jaiprakash associates
national company law tribunal
nclt
preference shares
scheme of arrangement
ultratech cement
upsccl
uttar pradesh
Mumbai, March 25 NDR InvIT Trust announced on Wednesday that it has raised ₹410 crore through the issuance of bonds, primarily for acquiring a logistics and warehousing portfolio across key markets in the country.The issuance was led by the International Finance Corporation (IFC), with...
New Delhi, March 24 The private sector's capital expenditure on acquiring new assets is estimated to decline by 16.5 per cent to Rs 9.55 lakh crore in 2026-27, according to a government survey.According to the survey released by the Ministry of Statistics & Programme Implementation, the...
New Delhi, March 21 The CBI on Saturday questioned two former group managing directors of Reliance ADA Group in connection with an alleged bank fraud of Rs 2,929.05 crore involving Reliance Communications Ltd and Anil Ambani, officials said.In a separate case, the agency questioned Sanjay...
amitabh jhunjhunwala
anil ambani
assetacquisition
bank fraud
bank of maharashtra
cbi investigation
financial institutions
fraud allegations
gautam doshi
nclt
reliance ada group
reliance commercial finance ltd
reliance communications
sateesh seth
state bank of india
supreme court
New Delhi, March 21 – The Central Bureau of Investigation (CBI) has intensified its investigation into major alleged bank fraud cases linked to the Reliance Anil Dhirubhai Ambani Group (ADA Group), summoning top executives for detailed questioning at its headquarters in New Delhi, a CBI...
assetacquisition
authum investment and infrastructure limited
bank fraud
bank of maharashtra
central bureau of investigation
devang pravin mody
financial irregularities
fraud investigation
loan diversion
ravindra somayajula rao
reliance anil dhirubhai ambani group
reliance commercial finance limited
reliance communications limited (rcom)
sanjay dangi
state bank of india (sbi)
Bhopal, March 19 – The Enforcement Directorate's Bhopal Zonal Office filed a charge sheet against Jagdish Prasad Sarwate, the former Deputy Director of Madhya Pradesh's Tribal Welfare Department, under the Prevention of Money Laundering Act, 2002, on Thursday.The charge sheet was filed before...
Udupi (Karnataka), March 13 The Karnataka Lokayukta police have registered an asset disproportion case against Udupi Excise Deputy Commissioner T M Srinivas after searches at multiple locations allegedly revealed assets worth Rs 8.69 crore beyond his known sources of income, officials said on...