Supreme Court rejects Authum's plea challenging resolution of Srei companies

Mumbai, March 7 -- The Supreme Court on Thursday dismissed an appeal by non-banking financier Authum Investment and Infrastructure challenging a resolution plan for two Srei companies. A detailed ord... Read More

RCap's administrator moves NCLT for faster payments from Hinduja's IIHL

Mumbai, March 7 -- The administrator of the bankrupt Reliance Capital Ltd has moved the National Company Law Tribunal seeking its intervention to direct Hinduja Group's IndusInd International Holdings... Read More

RCap lenders urge IIHL to secure regulatory approvals for acquisition

New Delhi, March 5 -- Reliance Capital lenders have asked IndusInd International Holdings Ltd (IIHL), a Hinduja Group firm, to provide necessary documents and secure relevant regulatory approvals for ... Read More

AI gets basic work at law firms, to boost efficiency

mumbai, March 2 -- The AI prosecutor or defence attorney isn't on the horizon, but large Indian law firms are moving rapidly to adopt artificial intelligence to carry out a string of 'simple' tasks in... Read More

NCLT approves Hinduja's acquisition of bankrupt Reliance Capital

Mumbai, Feb. 27 -- The National Company Law Tribunal (NCLT) on Tuesday approved the proposal of IndusInd International Holdings Ltd (IIHL), a Hinduja Group entity, to acquire bankrupt Reliance Capital... Read More

Subhash Chandra not cooperating in Zee fund diversion probe: Sebi tells tribunal

Mumbai, Feb. 26 -- Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises Ltd, is not cooperating in an investigation into alleged diversion of funds from the media company, the Securitie... Read More

HC restrains sale of GEAR trust's assets after loan default

Mumbai, Feb. 20 -- The Bombay High Court has restrained Gifted Education and Research Foundation (GEAR) from disposing of its assets after the education trust defaulted on a Rs.35-crore loan from Axis... Read More

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