Aircel, country’s last small mobile phone operator, files for bankruptcy
Aircel, the debt-ridden mobile service provider, and its two units filed for bankruptcy in the National Company Law Tribunal, underscoring the struggles of India’s smaller telcos in a brutally competitive market amid a crackdown on large loan defaulters. Detailed talks with...
Lenders drag Essar Steel, Bhushan Steel, Electrosteel to NCLT
File Pic Mumbai: Lenders led by the State Bank of India today decided to begin insolvency proceedings against Bhushan Steel, Essar Steel and Electrosteel Steels by referring them to the NCLT for recovery under the Insolvency and Bankruptcy Code (IBC). The...
Now Insolvency proceedings initiated against Bhatia Coal Group
Nagpur: Seems their is no end to defaulters in Nagpur, one after another many companies in and around Nagpur are getting into trouble with their respective bankers initiating insolvency proceedings against them. Now its turn of Bhatia Global Trading Limited,...
एनटीसीएल ने नागपुर की कंपनी गुप्ता एनर्जी के दिवालियापन को दी मंजूरी
नागपुर: नागपुर से कोयला और स्टील के क्षेत्र में काम करने वाली कंपनियों के बुरे दिन इन दिनों शुरू है। कोयला उत्पादन से जुडी एक कंपनी सीधे तौर पर कोलघोटाले में शामिल रही जिसकी जाँच अब तक जारी है वही दूसरी...
