The Mumbai bench of the National Company Law Tribunal( NCLT) has approved a resolution plan for Ricoh India Ltd. that was submitted by a consortium of two investors. Ricoh owes nearly Rs 2,519 crore to its financial and operational creditors, had filed a voluntary insolvency application in January 2018.
Month: November 2019
For years, Asia’s hottest unicorns left their homelands to list in New York for one simple reason: a deep pool of U.S. money.
Patanjali Ayurved led by Baba Ramdev has announced of having received a loan worth Rs 3,200 crore from a consortium of lenders led by State Bank of India to fund its acquisition of Ruchi Soya through insolvency process.
The suicide of a second K-pop artist in a month has cast renewed focus in South Korea on vicious personal attacks and cyber bullying of vulnerable young stars, and how it mostly goes unpunished.
Thackeray, who is also the Shiv Sena president, was sworn-in as the chief minister and presided over the first cabinet meeting . Thackeray is heading the government of a three-party alliance
According to the latest Forbes ‘The Real-Time Billionaires List’, Reliance Industries Chairman Mukesh Ambani is the ninth richest person in the world.
Xiaomi has become the largest smartphone maker by sales volume, touching the $5-billion revenue mark in the Indian market.
Bharat Sanchar Nigam Ltd (BSNL) is trying to reduce its expenditures by cutting down costs on account of different outsourcing works.
Ericsson expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem.
Maruti Suzuki is planning to shift its focus to producing vehicles running on compressed natural gas (CNG) and is thus looking to increase the number of CNG vehicles in its lineup