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I&B ministry approves merger of Dish TV and Videocon d2h

5h livemint
New Delhi: Direct-to-home (DTH) operator Dish TV India Ltd on Friday said that the company has received the final approval from the government for closing its merger with Videocon d2h, the DTH arm of Videocon Industries Ltd. (3-0)

Bankers will push NPA A/Cs to NCLT

2017-12-14 freepressjournal.in
Mumbai : Unable to find any resolution on 28 stressed accounts from the second list, lenders will be initiating insolvency proceedings against 22-23 of these borrowers, which include Uttam Galva Steel, IVRCL, Ruchi Soya Industries and Essar Projects, according to a banker. The Reserve Bank of India (RBI) deadline to resolve the 28 accounts ended on Wednesday. (7-0)

News Live: Nov WPI inflation at 3.93% vs 3.59% in Oct

2017-12-14 moneycontrol
India’s annual wholesale price inflation accelerated in November to an eight-month high, driven by faster rises in prices of food and fuel products, government data showed on Thursday. Annual wholesale price inflation last month increased to 3.93% from a year earlier, from a provisional 3.59% rise in October. Wholesale food prices in November rose 4.1% YoY, compared with a 3.23% rise a month earlier, the data showed. (38-0)

NPA deadline ends: Banks brace for provision hit as two dozen cases may go to NCLT

2017-12-14 moneycontrol
Bankers will soon act on the 28 defaulters identified in Reserve Bank of India's second list and haul them to the National Company Law Tribunal (NCLT) for resolution under the Insolvency and Bankruptcy Code (IBC). (3-0)

Banks may send 23 of 28 large dud accounts to NCLT on Wednesday

2017-12-13 moneycontrol
Banks are set to refer as many as 23 of the 28 large stressed accounts that the Reserve Bank of India (RBI) had identified in its second list for insolvency proceedings as the regulator’s December 13 deadline ends today.

Banks set to send 23 of 28 large dud accounts to NCLT on Wednesday

2017-12-12 moneycontrol
With just a day left for the December 13 Reserve Bank of India (RBI) deadline to resolve the 28 large stressed accounts that the regulator had identified in its second list, banks are set to refer as many as 23 of them for insolvency proceedings.

Videocon Industries Limited - Reply to Clarification- Financial results

2017-12-12 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Insolvency row: SBI moves NCLT against debt-ridden IVRCL as deadline looms

2017-12-12 business-standard
The bank has filed a petition before the Hyderabad bench of NCLT under Insolvency and Bankruptcy Code (IBC) seeking the initiation of insolvency process for IVRCL in the second list. Section 7 of the IBC, 2016 provides the procedure for initiation of insolvency resolution process for the financial creditor.

Majority of NPA cases may land up in insolvency courts as deadline for 2nd list nears

2017-12-11 moneycontrol
Bankers are struggling to find out-of-court resolutions and will soon move involvency courts by this year end to file cases worth over Rs 1.5 lakh crore, accounting for a large part of the nearly 30 non-performing assets (NPAs) in the second list identified by the Reserve Bank of India. (1-0)

Deals Buzz: Bankers prepare to send nearly Rs1.8 trillion in loans to NCLT

2017-12-11 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (8-0)

Bankers plan to speed up insolvency process as resolution deadline looms

2017-12-11 moneycontrol
As the December 13 deadline for insolvency resolution looms, bankers are working to speed up the restructuring process for 28 accounts that are part of the Reserve Bank of India's second list of defaulters, reports The Economic Times. (1-0)

Videocon: 3.19% pledged shares invoked

2017-12-08 thehindubusinessline
Debt-ridden Videocon group today said 3.19 per cent shares pledged by promoter group entities have been invoked by various pledgees. (3-0)

Pledgees invoke 3.19% shares of debt laden Videocon

2017-12-08 moneycontrol
Debt-ridden Videocon group today said 3.19 per cent shares pledged by promoter group entities have been invoked by various pledgees. (3-0)

Videocon Industries Limited - Shareholders meeting

2017-12-06 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Market Update: Tech Mahindra, Kotak Bank top gainers; RIL most active, Hindalco, Vedanta fall 2%

2017-12-06 moneycontrol
The Indian benchmark indices on Wednesday morning were trading on a negative note with the Nifty down 26 points or 0.26 percent while the Sensex shed 49 points and was trading at 32753. (18-0)