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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.

India
Mumbai
Maharashtra
Uv-asset-reconstruction-company-limited
Reliance-communications-rcom
National-company-law-tribunal
Uv-stressed-asset-management-private-limited
Reliance-communications
Asset-management-private-limited
Reconstruction-company-limited
Reserve-bank

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.

Mumbai
Maharashtra
India
Uv-asset-reconstruction-company-limited
National-company-law-tribunal
Reliance-communications-rcom
Uv-stressed-asset-management-private-limited
Reliance-communications
Asset-management-private-limited
Reconstruction-company-limited
Reserve-bank

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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India
China
Chinese
Anindya-banerjee
Asset-management-private-limited
Reserve-bank
Interest-rate-derivatives
Kotak-securities

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

Chennai
Tamil-nadu
India
Haryana
Mukesh-ahuja
Ti-clean-mobility-private-limited
Tube-investments-of-india-ltd
Asset-management-private-limited
India-ltd
Microsoft
Mobility-private-limited
Tube-in-vestments

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

Tihar
Uttar-pradesh
India
Delhi
Chennai
Tamil-nadu
Ramesh-chandra
Rajesh-malik
Ajay-chandra
Preeti-chandra
Sanjay-chandra
Trikar-group

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