Vedanta deposits Rs 5,320 crore in Electrosteel Steels escrow account
The National Company Law Appellate Tribunal (NCLAT) had allowed Vedanta Ltd to make an upfront payment of Rs 5,320 crore to lenders for acquiring Electrosteel Steels.
Jun 05, 2018, 12:48 PM ISTNCLAT admits Renaissance Steel plea against Vedanta bid on Electrosteel
A two member bench of the tribunal headed by Chairman Justice S J Mukhopadhaya admitted the plea and directed to list the matter on May 28.
May 17, 2018, 14:43 PM ISTGovt notifies changes in Banking Regulation Act
The banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore, of which Rs 6 lakh crore is with public sector banks (PSBs).
Aug 27, 2017, 17:55 PM IST