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Reilance Communications: NCLT allows Reliance Communications to substitute its resolution applicant, ET Telecom

Reilance Communications: “The said application was last listed before the NCLT on December 12, 2023, for pronouncement of order, and the NCLT orally pronounced its order, vide which it has allowed the said application,” Rcom said in a regulatory filing Wednesday. ....

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NCLT allows Reliance Communications to substitute its resolution applicant

Rcom had changed its resolution applicant to UV Stressed Asset Management Private Limited (UVSAMPL) from the original UV Asset Reconstruction Company Limited (UVARCL) as the latter did not meet some guidelines issued by the Reserve Bank of India (RBI). The company had filed an application regarding the same with the NCLT. ....

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Rupee snaps 4-day losing streak, gains 21 paise against U.S. Dollar

Rupee snaps 4-day losing streak, gains 21 paise against U.S. Dollar
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Murugappa's TI Clean Mobility to raise Rs 1,050 crore

According to Tube Investments Managing Director Mukesh Ahuja, in the tractors seg-ment, TICMPL plans to introduce three different variants in four wheel drives for differ-ent segments during FY23-24 ....

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Enforcement Directorate (ED) attaches properties worth Rs 257 crore in Unitech case

The Enforcement Directorate (ED) has attached movable and immovable assets worth Rs 257 crore based in Gurugram, Goa, Chennai and other places in connection with the money laundering ....

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