Sure Financial institution strikes  NCLT towards Tulip Famous person

The Mumbai bench of the Nationwide Corporate Legislation Tribunal mentioned it’ll listen on 7 October an insolvency answer case moved via Sure Financial institution Ltd towards Tulip Famous person Lodges Pvt. Ltd within the chapter court docket. Nausher Kohli, suggest for the personal lender, instructed the tribunal on Friday that Sure Financial institution has filed … Read more

PNB expects to get better ₹32K cr of unhealthy loans this FY

Punjab Nationwide Financial institution (PNB) is aiming to get better ₹32,000 crore price of unhealthy loans this fiscal, in keeping with managing director and leader govt Kumar Goel. The general public sector financial institution may be having a look to cut back its internet non-performing belongings (NPA) ratio as a share of overall belongings to … Read more

Zee Sony merger receives approval from inventory exchanges

Media and leisure conglomerate ZEE Leisure Enterprises Ltd. (ZEEL) has won approval from the Bombay Inventory Alternate (BSE) and Nationwide Inventory Alternate (NSE) for its proposed merger with Culver Max Leisure Pvt Ltd, previously referred to as Sony Photos Networks India Pvt Ltd, the corporate mentioned in a commentary on Friday. Calling it a company … Read more